Building · Transactions · 2016

Shams Property Transactions 2016

7 property sales worth ⃃ 4.57M were registered in Shams in 2016, 46.2% lower than 2015 by number of sales. The median sale price was ⃃ 560,000 and the median price per square foot ⃃ 718 (+1.1% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 7 salesUpdated: 18 Oct 2026
Property sales
7
−46.2% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 4.57M
−46.1% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 560,000
+5.4% vs 2015
7 sales
Median price per sq ft
⃃ 718
+1.1% vs 2015
7 sales

What types of property sold in Shams in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments7100%⃃ 4.57M⃃ 560,000⃃ 718

How were 2016 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)114.3%⃃ 1.05M⃃ 1,050,000⃃ 669
Resale (secondary)685.7%⃃ 3.52M⃃ 560,000⃃ 740
Ready7100%⃃ 4.57M⃃ 560,000⃃ 718

How many rental contracts were registered in Shams in 2016?

20 rental contracts (new and renewed) were registered in Shams in 2016, at a median annual rent of ⃃ 60,500 (−14.8% on 2015). Rental yields in Shams

What were the most expensive property sales in Shams in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
12/05/2016Shams3 beds · Apartment1,569 sq ft⃃ 1,050,000Primary · Ready
10/02/2016Shams2 beds · Apartment1,021 sq ft⃃ 780,000Resale · Ready
18/07/2016Shams1 bed · Apartment968 sq ft⃃ 615,000Resale · Ready
14/02/2016Shams1 bed · Apartment734 sq ft⃃ 560,000Resale · Ready
12/12/2016Shams1 bed · Apartment780 sq ft⃃ 560,000Resale · Ready
01/03/2016Shams1 bed · Apartment676 sq ft⃃ 530,000Resale · Ready
11/01/2016Shams1 bed · Apartment687 sq ft⃃ 479,252Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
12/12/2016Shams1 bed · Apartment780 sq ft⃃ 560,000Resale · Ready
18/07/2016Shams1 bed · Apartment968 sq ft⃃ 615,000Resale · Ready
12/05/2016Shams3 beds · Apartment1,569 sq ft⃃ 1,050,000Primary · Ready
01/03/2016Shams1 bed · Apartment676 sq ft⃃ 530,000Resale · Ready
14/02/2016Shams1 bed · Apartment734 sq ft⃃ 560,000Resale · Ready
10/02/2016Shams2 beds · Apartment1,021 sq ft⃃ 780,000Resale · Ready
11/01/2016Shams1 bed · Apartment687 sq ft⃃ 479,252Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2016 with the whole of 2015.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/shams-x/2016
Shams Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/shams-x/2016

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Shams in 2016?
7 property sales worth ⃃ 4,574,252 were registered in Shams in 2016. That is 46.2% lower than 2015.
What was the median property price in Shams in 2016?
The median sale price was ⃃ 560,000 and the median price per square foot ⃃ 718 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Shams were off-plan or from developers?
Developer (primary) sales were 14.3% of the 7 sales and resales 85.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/shams-x/2016