Project · Transactions · 2017

The Matrix Property Transactions 2017

42 property sales worth ⃃ 49.41M were registered in The Matrix in 2017, 33.3% lower than 2016 by number of sales. The median sale price was ⃃ 1,108,900 and the median price per square foot ⃃ 1,455 (−3.9% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 42 salesUpdated: 18 Oct 2026
Property sales
42
−33.3% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 49.41M
−34.5% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 1,108,900
−1.3% vs 2016
42 sales
Median price per sq ft
⃃ 1,455
−3.9% vs 2016
42 sales

What types of property sold in The Matrix in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments42100%⃃ 49.41M⃃ 1,108,900⃃ 1,455

How were 2017 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)2764.3%⃃ 38.08M⃃ 1,400,000⃃ 1,678
Resale (secondary)1535.7%⃃ 11.34M⃃ 700,000⃃ 970
Ready42100%⃃ 49.41M⃃ 1,108,900⃃ 1,455

How many rental contracts were registered in The Matrix in 2017?

165 rental contracts (new and renewed) were registered in The Matrix in 2017, at a median annual rent of ⃃ 60,000 (−14.3% on 2016). Rental yields in The Matrix

What were the most expensive property sales in The Matrix in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
30/01/2017The MatrixStudio · Apartment732 sq ft⃃ 2,224,367Primary · Ready
08/03/2017The Matrix1 bed · Apartment1,193 sq ft⃃ 2,074,677Primary · Ready
30/01/2017The MatrixStudio · Apartment617 sq ft⃃ 2,073,920Primary · Ready
10/09/2017The Matrix1 bed · Apartment896 sq ft⃃ 2,012,770Primary · Ready
26/04/2017The Matrix1 bed · Apartment1,188 sq ft⃃ 1,993,603Primary · Ready
22/05/2017The Matrix1 bed · Apartment1,113 sq ft⃃ 1,759,200Primary · Ready
20/03/2017The Matrix1 bed · Apartment1,130 sq ft⃃ 1,698,665Primary · Ready
25/12/2017The Matrix1 bed · Apartment940 sq ft⃃ 1,650,000Primary · Ready
11/05/2017The Matrix1 bed · Apartment923 sq ft⃃ 1,650,000Primary · Ready
18/10/2017The Matrix1 bed · Apartment1,131 sq ft⃃ 1,617,877Primary · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
25/12/2017The MatrixStudio · Apartment600 sq ft⃃ 1,172,800Primary · Ready
25/12/2017The Matrix1 bed · Apartment940 sq ft⃃ 1,650,000Primary · Ready
12/12/2017The MatrixStudio · Apartment602 sq ft⃃ 700,000Resale · Ready
28/11/2017The MatrixStudio · Apartment602 sq ft⃃ 1,175,000Primary · Ready
09/11/2017The MatrixStudio · Apartment594 sq ft⃃ 650,000Resale · Ready
31/10/2017The MatrixStudio · Apartment599 sq ft⃃ 700,000Resale · Ready
26/10/2017The MatrixStudio · Apartment600 sq ft⃃ 670,000Resale · Ready
18/10/2017The Matrix1 bed · Apartment1,131 sq ft⃃ 1,617,877Primary · Ready
10/10/2017The MatrixStudio · Apartment600 sq ft⃃ 610,000Resale · Ready
12/09/2017The MatrixStudio · Apartment726 sq ft⃃ 1,274,543Primary · 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 2017 with the whole of 2016.
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-matrix/2017
The Matrix Property Transactions 2017. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-matrix/2017

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 Matrix in 2017?
42 property sales worth ⃃ 49,414,567 were registered in The Matrix in 2017. That is 33.3% lower than 2016.
What was the median property price in The Matrix in 2017?
The median sale price was ⃃ 1,108,900 and the median price per square foot ⃃ 1,455 (1 Jan – 31 Dec 2017).
What share of 2017 sales in The Matrix were off-plan or from developers?
Developer (primary) sales were 64.3% of the 42 sales and resales 35.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/the-matrix/2017