Project · Transactions · 2016

The Prime Tower Property Transactions 2016

10 property sales worth ⃃ 11.37M were registered in The Prime Tower in 2016, 100.0% higher than 2015 by number of sales. The median sale price was ⃃ 1,087,557 and the median price per square foot ⃃ 971 (−32.4% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 10 salesUpdated: 18 Oct 2026
Property sales
10
+100.0% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 11.37M
+4.3% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 1,087,557
−26.8% vs 2015
10 sales
Median price per sq ft
⃃ 971
−32.4% vs 2015
10 sales

What types of property sold in The Prime Tower in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Commercial10100%⃃ 11.37M⃃ 1,087,557⃃ 971

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)990%⃃ 10.42M⃃ 1,136,900⃃ 900
Resale (secondary)110%⃃ 950K⃃ 950,000⃃ 1,253
Ready10100%⃃ 11.37M⃃ 1,087,557⃃ 971

How many rental contracts were registered in The Prime Tower in 2016?

54 rental contracts (new and renewed) were registered in The Prime Tower in 2016, at a median annual rent of ⃃ 93,877 (+17.3% on 2015). Rental yields in The Prime Tower

What were the most expensive property sales in The Prime Tower in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
04/10/2016The Prime TowerCommercial1,154 sq ft⃃ 1,714,305Primary · Ready
20/11/2016The Prime TowerCommercial1,173 sq ft⃃ 1,407,792Primary · Ready
20/11/2016The Prime TowerCommercial1,842 sq ft⃃ 1,249,549Primary · Ready
12/12/2016The Prime TowerCommercial1,154 sq ft⃃ 1,202,834Primary · Ready
09/11/2016The Prime TowerCommercial921 sq ft⃃ 1,136,900Primary · Ready
06/12/2016The Prime TowerCommercial1,154 sq ft⃃ 1,038,213Primary · Ready
31/05/2016The Prime TowerCommercial758 sq ft⃃ 950,000Resale · Ready
20/11/2016The Prime TowerCommercial1,154 sq ft⃃ 896,469Primary · Ready
20/11/2016The Prime TowerCommercial1,173 sq ft⃃ 890,484Primary · Ready
20/11/2016The Prime TowerCommercial1,154 sq ft⃃ 886,172Primary · 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/the-prime-tower/2016
The Prime Tower Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-prime-tower/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 Prime Tower in 2016?
10 property sales worth ⃃ 11,372,718 were registered in The Prime Tower in 2016. That is 100.0% higher than 2015.
What was the median property price in The Prime Tower in 2016?
The median sale price was ⃃ 1,087,557 and the median price per square foot ⃃ 971 (1 Jan – 31 Dec 2016).
What share of 2016 sales in The Prime Tower were off-plan or from developers?
Developer (primary) sales were 90% of the 10 sales and resales 10%. Primary/resale and off-plan/ready are different splits.

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