Project · Transactions · 2016

Spain Cluster Property Transactions 2016

184 property sales worth ⃃ 77.01M were registered in Spain Cluster in 2016, 9.4% lower than 2015 by number of sales. The median sale price was ⃃ 400,000 and the median price per square foot ⃃ 682 (−2.4% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 184 salesUpdated: 18 Oct 2026
Property sales
184
−9.4% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 77.01M
−7.2% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 400,000
+6.7% vs 2015
184 sales
Median price per sq ft
⃃ 682
−2.4% vs 2015
184 sales

What types of property sold in Spain Cluster in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments17896.7%⃃ 74.64M⃃ 405,000⃃ 681
Commercial63.3%⃃ 2.37M⃃ 390,000⃃ 753

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)52.7%⃃ 1.43M⃃ 299,000⃃ 418
Resale (secondary)17997.3%⃃ 75.58M⃃ 425,000⃃ 684
Ready184100%⃃ 77.01M⃃ 400,000⃃ 682

How many rental contracts were registered in Spain Cluster in 2016?

1,233 rental contracts (new and renewed) were registered in Spain Cluster in 2016, at a median annual rent of ⃃ 40,000 (0.0% on 2015). Rental yields in Spain Cluster

What were the most expensive property sales in Spain Cluster in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
14/08/2016S-062 beds · Apartment1,206 sq ft⃃ 765,000Resale · Ready
27/06/2016S-062 beds · Apartment1,206 sq ft⃃ 750,000Resale · Ready
28/08/2016S052 beds · Apartment1,206 sq ft⃃ 650,000Resale · Ready
10/05/2016S-111 bed · Apartment915 sq ft⃃ 550,000Resale · Ready
05/01/2016T-061 bed · Apartment743 sq ft⃃ 540,000Resale · Ready
15/05/2016T-06Commercial732 sq ft⃃ 535,000Resale · Ready
31/03/2016S091 bed · Apartment716 sq ft⃃ 520,000Resale · Ready
13/12/2016T031 bed · Apartment732 sq ft⃃ 520,000Resale · Ready
31/10/2016S-141 bed · Apartment883 sq ft⃃ 520,000Resale · Ready
23/05/2016T-091 bed · Apartment883 sq ft⃃ 515,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
25/12/2016S-17Studio · Apartment479 sq ft⃃ 325,000Resale · Ready
21/12/2016T-10Studio · Apartment479 sq ft⃃ 385,000Resale · Ready
21/12/2016S-041 bed · Apartment753 sq ft⃃ 480,000Resale · Ready
21/12/2016S-161 bed · Apartment743 sq ft⃃ 492,000Resale · Ready
19/12/2016S-18Studio · Apartment479 sq ft⃃ 358,000Resale · Ready
18/12/2016T-041 bed · Apartment743 sq ft⃃ 505,000Resale · Ready
18/12/2016T-04Studio · Apartment479 sq ft⃃ 320,000Resale · Ready
15/12/2016T-101 bed · Apartment743 sq ft⃃ 485,000Resale · Ready
15/12/2016T-091 bed · Apartment716 sq ft⃃ 465,000Resale · Ready
14/12/2016S-01Studio · Apartment479 sq ft⃃ 375,000Resale · 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/spain-cluster/2016
Spain Cluster Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/spain-cluster/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 Spain Cluster in 2016?
184 property sales worth ⃃ 77,008,000 were registered in Spain Cluster in 2016. That is 9.4% lower than 2015.
What was the median property price in Spain Cluster in 2016?
The median sale price was ⃃ 400,000 and the median price per square foot ⃃ 682 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Spain Cluster were off-plan or from developers?
Developer (primary) sales were 2.7% of the 184 sales and resales 97.3%. Primary/resale and off-plan/ready are different splits.

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