Project · Transactions · 2016

The Diamond Property Transactions 2016

9 property sales worth ⃃ 5.3M were registered in The Diamond in 2016, 25.0% lower than 2015 by number of sales. The median sale price was ⃃ 600,000 and the median price per square foot ⃃ 879 (−8.3% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 9 salesUpdated: 18 Oct 2026
Property sales
9
−25.0% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 5.3M
−42.8% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 600,000
−22.1% vs 2015
9 sales
Median price per sq ft
⃃ 879
−8.3% vs 2015
9 sales

What types of property sold in The Diamond in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments9100%⃃ 5.3M⃃ 600,000⃃ 879

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)9100%⃃ 5.3M⃃ 600,000⃃ 879
Ready9100%⃃ 5.3M⃃ 600,000⃃ 879

How many rental contracts were registered in The Diamond in 2016?

49 rental contracts (new and renewed) were registered in The Diamond in 2016, at a median annual rent of ⃃ 65,000 (+1.4% on 2015). Rental yields in The Diamond

What were the most expensive property sales in The Diamond in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
16/11/2016The Diamond1 bed · Apartment750 sq ft⃃ 700,000Resale · Ready
25/08/2016The Diamond1 bed · Apartment787 sq ft⃃ 677,500Resale · Ready
25/01/2016The Diamond2 beds · Apartment758 sq ft⃃ 670,000Resale · Ready
15/12/2016The Diamond1 bed · Apartment694 sq ft⃃ 610,000Resale · Ready
20/09/2016The DiamondStudio · Apartment605 sq ft⃃ 600,000Resale · Ready
25/07/2016The Diamond1 bed · Apartment656 sq ft⃃ 595,000Resale · Ready
12/06/2016The DiamondStudio · Apartment600 sq ft⃃ 510,000Resale · Ready
07/02/2016The DiamondStudio · Apartment605 sq ft⃃ 490,000Resale · Ready
17/07/2016The DiamondStudio · Apartment605 sq ft⃃ 450,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
15/12/2016The Diamond1 bed · Apartment694 sq ft⃃ 610,000Resale · Ready
16/11/2016The Diamond1 bed · Apartment750 sq ft⃃ 700,000Resale · Ready
20/09/2016The DiamondStudio · Apartment605 sq ft⃃ 600,000Resale · Ready
25/08/2016The Diamond1 bed · Apartment787 sq ft⃃ 677,500Resale · Ready
25/07/2016The Diamond1 bed · Apartment656 sq ft⃃ 595,000Resale · Ready
17/07/2016The DiamondStudio · Apartment605 sq ft⃃ 450,000Resale · Ready
12/06/2016The DiamondStudio · Apartment600 sq ft⃃ 510,000Resale · Ready
07/02/2016The DiamondStudio · Apartment605 sq ft⃃ 490,000Resale · Ready
25/01/2016The Diamond2 beds · Apartment758 sq ft⃃ 670,000Resale · 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/the-diamond/2016
The Diamond Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-diamond/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 The Diamond in 2016?
9 property sales worth ⃃ 5,302,500 were registered in The Diamond in 2016. That is 25.0% lower than 2015.
What was the median property price in The Diamond in 2016?
The median sale price was ⃃ 600,000 and the median price per square foot ⃃ 879 (1 Jan – 31 Dec 2016).

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