Master Project · Transactions · 2016

Tecom Site B Property Transactions 2016

69 property sales worth ⃃ 238.08M were registered in Tecom Site B in 2016, 21.6% lower than 2015 by number of sales. The median sale price was ⃃ 1,376,483 and the median price per square foot ⃃ 1,400 (+7.0% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 69 salesUpdated: 17 Oct 2026
Property sales
69
−21.6% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 238.08M
+14.0% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 1,376,483
+15.0% vs 2015
69 sales
Median price per sq ft
⃃ 1,400
+7.0% vs 2015
69 sales

What types of property sold in Tecom Site B in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments6898.6%⃃ 148.08M⃃ 1,356,742⃃ 1,400

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)4869.6%⃃ 79.67M⃃ 1,239,500⃃ 1,403
Resale (secondary)2130.4%⃃ 158.4M⃃ 1,561,395⃃ 1,400
Off-plan2536.2%⃃ 59.29M⃃ 1,198,664⃃ 1,396
Ready4463.8%⃃ 178.79M⃃ 1,532,267⃃ 1,441

How many rental contracts were registered in Tecom Site B in 2016?

450 rental contracts (new and renewed) were registered in Tecom Site B in 2016, at a median annual rent of ⃃ 95,000 (+5.6% on 2015). Rental yields in Tecom Site B

What were the most expensive property sales in Tecom Site B in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
23/05/2016Sabah Dubai SkylinePlot58,084 sq ft⃃ 90,000,000Resale · Ready
07/03/2016Acacia Avenues5 beds · Apartment11,594 sq ft⃃ 10,450,000Resale · Ready
17/11/2016Olgana4 beds · Apartment5,910 sq ft⃃ 8,273,706Resale · Off-plan
10/07/2016Acacia Avenues4 beds · Apartment4,462 sq ft⃃ 7,000,000Resale · Ready
03/02/2016Olgana3 beds · Apartment5,838 sq ft⃃ 6,830,039Resale · Off-plan
29/09/2016Olgana3 beds · Apartment4,837 sq ft⃃ 6,771,702Resale · Off-plan
19/07/2016Olgana3 beds · Apartment4,644 sq ft⃃ 6,500,956Resale · Off-plan
03/02/2016Olgana3 beds · Apartment4,590 sq ft⃃ 6,426,616Resale · Off-plan
04/05/2016Acacia Avenues4 beds · Apartment1,924 sq ft⃃ 4,356,583Primary · Ready
11/07/2016J53 beds · Apartment1,856 sq ft⃃ 3,170,000Primary · Ready

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/tecom-site-b/2016
Tecom Site B Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/tecom-site-b/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 Tecom Site B in 2016?
69 property sales worth ⃃ 238,075,454 were registered in Tecom Site B in 2016. That is 21.6% lower than 2015.
What was the median property price in Tecom Site B in 2016?
The median sale price was ⃃ 1,376,483 and the median price per square foot ⃃ 1,400 (1 Jan – 31 Dec 2016).
What share of 2016 sales in Tecom Site B were off-plan or from developers?
Developer (primary) sales were 69.6% of the 69 sales and resales 30.4%. Off-plan units made up 36.2% and ready units 63.8%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/tecom-site-b/2016