Building · Transactions · 2018

The Light 1 Property Transactions 2018

1 property sales worth ⃃ 860K were registered in The Light 1 in 2018, 88.9% lower than 2017 by number of sales. The median sale price was ⃃ 860,000 and the median price per square foot ⃃ 912 (+49.7% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 1 salesUpdated: 18 Oct 2026
Property sales
1
−88.9% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 860K
−83.9% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 860,000
+72.0% vs 2017
1 sales
Median price per sq ft
⃃ 912
+49.7% vs 2017
1 sales

What types of property sold in The Light 1 in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial1100%⃃ 860K⃃ 860,000⃃ 912

How were 2018 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)1100%⃃ 860K⃃ 860,000⃃ 912
Ready1100%⃃ 860K⃃ 860,000⃃ 912

How many rental contracts were registered in The Light 1 in 2018?

105 rental contracts (new and renewed) were registered in The Light 1 in 2018, at a median annual rent of ⃃ 45,000 (−0.3% on 2017). Rental yields in The Light 1

What were the most expensive property sales in The Light 1 in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
31/05/2018The Light 1Commercial943 sq ft⃃ 860,000Resale · Ready

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
31/05/2018The Light 1Commercial943 sq ft⃃ 860,000Resale · 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 2018 with the whole of 2017.
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-1/2018
The Light 1 Property Transactions 2018. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-light-1/2018

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 2018?
1 property sales worth ⃃ 860,000 were registered in The Light 1 in 2018. That is 88.9% lower than 2017.
What was the median property price in The Light 1 in 2018?
The median sale price was ⃃ 860,000 and the median price per square foot ⃃ 912 (1 Jan – 31 Dec 2018).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/the-light-1/2018