Project · Transactions · 2016

Smart Heights Property Transactions 2016

17 property sales worth ⃃ 24.04M were registered in Smart Heights in 2016, 19.0% lower than 2015 by number of sales. The median sale price was ⃃ 1,530,170 and the median price per square foot ⃃ 974 (+17.6% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 17 salesUpdated: 17 Oct 2026
Property sales
17
−19.0% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 24.04M
−1.3% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 1,530,170
+51.0% vs 2015
17 sales
Median price per sq ft
⃃ 974
+17.6% vs 2015
17 sales

What types of property sold in Smart Heights in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial17100%⃃ 24.04M⃃ 1,530,170⃃ 974

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)847.1%⃃ 14.3M⃃ 1,622,103⃃ 1,007
Resale (secondary)952.9%⃃ 9.74M⃃ 850,000⃃ 766
Ready17100%⃃ 24.04M⃃ 1,530,170⃃ 974

How many rental contracts were registered in Smart Heights in 2016?

115 rental contracts (new and renewed) were registered in Smart Heights in 2016, at a median annual rent of ⃃ 85,000 (+0.8% on 2015). Rental yields in Smart Heights

What were the most expensive property sales in Smart Heights in 2016?

The ten highest registered sale prices in the year.

No transactions on record for this selection.

What were the last registered sales of 2016?

No transactions on record for this selection.

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/smart-heights/2016
Smart Heights Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/smart-heights/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 Smart Heights in 2016?
17 property sales worth ⃃ 24,042,502 were registered in Smart Heights in 2016. That is 19.0% lower than 2015.
What was the median property price in Smart Heights in 2016?
The median sale price was ⃃ 1,530,170 and the median price per square foot ⃃ 974 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Smart Heights were off-plan or from developers?
Developer (primary) sales were 47.1% of the 17 sales and resales 52.9%. Primary/resale and off-plan/ready are different splits.

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