Building · Transactions · 2016

South Ridge 1 Property Transactions 2016

11 property sales worth ⃃ 30.15M were registered in South Ridge 1 in 2016, 50.0% lower than 2015 by number of sales. The median sale price was ⃃ 2,425,000 and the median price per square foot ⃃ 1,677 (−13.8% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 11 salesUpdated: 18 Oct 2026
Property sales
11
−50.0% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 30.15M
−57.5% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 2,425,000
−26.5% vs 2015
11 sales
Median price per sq ft
⃃ 1,677
−13.8% vs 2015
11 sales

What types of property sold in South Ridge 1 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments11100%⃃ 30.15M⃃ 2,425,000⃃ 1,677

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
Resale (secondary)11100%⃃ 30.15M⃃ 2,425,000⃃ 1,677
Ready11100%⃃ 30.15M⃃ 2,425,000⃃ 1,677

How many rental contracts were registered in South Ridge 1 in 2016?

75 rental contracts (new and renewed) were registered in South Ridge 1 in 2016, at a median annual rent of ⃃ 160,000 (+11.9% on 2015). Rental yields in South Ridge 1

What were the most expensive property sales in South Ridge 1 in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
14/02/2016South Ridge 13 beds · Apartment2,102 sq ft⃃ 5,350,000Resale · Ready
16/08/2016South Ridge 12 beds · Apartment1,635 sq ft⃃ 3,700,000Resale · Ready
31/05/2016South Ridge 12 beds · Apartment1,635 sq ft⃃ 3,350,000Resale · Ready
27/06/2016South Ridge 12 beds · Apartment1,635 sq ft⃃ 3,000,000Resale · Ready
18/08/2016South Ridge 12 beds · Apartment1,491 sq ft⃃ 2,500,000Resale · Ready
23/11/2016South Ridge 12 beds · Apartment1,491 sq ft⃃ 2,425,000Resale · Ready
28/09/2016South Ridge 12 beds · Apartment1,491 sq ft⃃ 2,400,000Resale · Ready
27/11/2016South Ridge 12 beds · Apartment1,491 sq ft⃃ 2,200,000Resale · Ready
08/09/2016South Ridge 12 beds · Apartment1,497 sq ft⃃ 2,200,000Resale · Ready
10/04/2016South Ridge 11 bed · Apartment915 sq ft⃃ 1,550,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
27/11/2016South Ridge 12 beds · Apartment1,491 sq ft⃃ 2,200,000Resale · Ready
23/11/2016South Ridge 12 beds · Apartment1,491 sq ft⃃ 2,425,000Resale · Ready
28/09/2016South Ridge 12 beds · Apartment1,491 sq ft⃃ 2,400,000Resale · Ready
08/09/2016South Ridge 12 beds · Apartment1,497 sq ft⃃ 2,200,000Resale · Ready
18/08/2016South Ridge 12 beds · Apartment1,491 sq ft⃃ 2,500,000Resale · Ready
16/08/2016South Ridge 12 beds · Apartment1,635 sq ft⃃ 3,700,000Resale · Ready
27/06/2016South Ridge 12 beds · Apartment1,635 sq ft⃃ 3,000,000Resale · Ready
31/05/2016South Ridge 12 beds · Apartment1,635 sq ft⃃ 3,350,000Resale · Ready
10/04/2016South Ridge 11 bed · Apartment915 sq ft⃃ 1,550,000Resale · Ready
07/03/2016South Ridge 11 bed · Apartment915 sq ft⃃ 1,475,000Resale · 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/south-ridge-1/2016
South Ridge 1 Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/south-ridge-1/2016

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 South Ridge 1 in 2016?
11 property sales worth ⃃ 30,150,000 were registered in South Ridge 1 in 2016. That is 50.0% lower than 2015.
What was the median property price in South Ridge 1 in 2016?
The median sale price was ⃃ 2,425,000 and the median price per square foot ⃃ 1,677 (1 Jan – 31 Dec 2016).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/south-ridge-1/2016