Building · Transactions · 2016

The Light 1 Property Transactions 2016

20 property sales worth ⃃ 9.58M were registered in The Light 1 in 2016, 64.3% lower than 2015 by number of sales. The median sale price was ⃃ 431,000 and the median price per square foot ⃃ 608 (−13.0% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 20 salesUpdated: 18 Oct 2026
Property sales
20
−64.3% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 9.58M
−69.5% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 431,000
−9.0% vs 2015
20 sales
Median price per sq ft
⃃ 608
−13.0% vs 2015
20 sales

What types of property sold in The Light 1 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial20100%⃃ 9.58M⃃ 431,000⃃ 608

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)525%⃃ 2.2M⃃ 410,560⃃ 650
Resale (secondary)1575%⃃ 7.37M⃃ 442,000⃃ 601

How many rental contracts were registered in The Light 1 in 2016?

128 rental contracts (new and renewed) were registered in The Light 1 in 2016, at a median annual rent of ⃃ 46,250 (+0.5% on 2015). Rental yields in The Light 1

What were the most expensive property sales in The Light 1 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/the-light-1/2016
The Light 1 Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-light-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 The Light 1 in 2016?
20 property sales worth ⃃ 9,578,520 were registered in The Light 1 in 2016. That is 64.3% lower than 2015.
What was the median property price in The Light 1 in 2016?
The median sale price was ⃃ 431,000 and the median price per square foot ⃃ 608 (1 Jan – 31 Dec 2016).
What share of 2016 sales in The Light 1 were off-plan or from developers?
Developer (primary) sales were 25% of the 20 sales and resales 75%. Primary/resale and off-plan/ready are different splits.

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