Building · Transactions · 2015

The Residences 1 Property Transactions 2015

14 property sales worth ⃃ 53.76M were registered in The Residences 1 in 2015, 39.1% lower than 2014 by number of sales. The median sale price was ⃃ 2,137,500 and the median price per square foot ⃃ 2,215 (−15.6% on 2014).

Period: 1 Jan – 31 Dec 2015Compared with: 2014Sample: 14 salesUpdated: 18 Oct 2026
Property sales
14
−39.1% vs 2014
1 Jan – 31 Dec 2015
Total value
⃃ 53.76M
−45.9% vs 2014
1 Jan – 31 Dec 2015
Median sale price
⃃ 2,137,500
−44.5% vs 2014
14 sales
Median price per sq ft
⃃ 2,215
−15.6% vs 2014
14 sales

What types of property sold in The Residences 1 in 2015?

1 Jan – 31 Dec 2015

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments14100%⃃ 53.76M⃃ 2,137,500⃃ 2,215

How were 2015 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)17.1%⃃ 1.21M⃃ 1,210,800⃃ 834
Resale (secondary)1392.9%⃃ 52.55M⃃ 2,175,000⃃ 2,295
Ready14100%⃃ 53.76M⃃ 2,137,500⃃ 2,215

How many rental contracts were registered in The Residences 1 in 2015?

72 rental contracts (new and renewed) were registered in The Residences 1 in 2015, at a median annual rent of ⃃ 160,000. Rental yields in The Residences 1

What were the most expensive property sales in The Residences 1 in 2015?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
20/01/2015The Residences 13 beds · Apartment3,546 sq ft⃃ 12,500,000Resale · Ready
12/03/2015The Residences 13 beds · Apartment2,082 sq ft⃃ 7,900,000Resale · Ready
18/11/2015The Residences 13 beds · Apartment2,082 sq ft⃃ 7,200,000Resale · Ready
07/06/2015The Residences 12 beds · Apartment1,629 sq ft⃃ 5,700,000Resale · Ready
17/06/2015The Residences 12 beds · Apartment1,452 sq ft⃃ 3,100,000Resale · Ready
13/10/2015The Residences 11 bed · Apartment915 sq ft⃃ 2,400,000Resale · Ready
02/09/2015The Residences 11 bed · Apartment915 sq ft⃃ 2,175,000Resale · Ready
10/12/2015The Residences 11 bed · Apartment915 sq ft⃃ 2,100,000Resale · Ready
06/01/2015The Residences 11 bed · Apartment1,046 sq ft⃃ 2,100,000Resale · Ready
09/08/2015The Residences 11 bed · Apartment1,046 sq ft⃃ 1,995,000Resale · Ready

What were the last registered sales of 2015?

DatePropertyTypeSizePriceMarket
10/12/2015The Residences 11 bed · Apartment915 sq ft⃃ 2,100,000Resale · Ready
18/11/2015The Residences 13 beds · Apartment2,082 sq ft⃃ 7,200,000Resale · Ready
08/11/2015The Residences 11 bed · Apartment915 sq ft⃃ 1,675,000Resale · Ready
13/10/2015The Residences 11 bed · Apartment915 sq ft⃃ 2,400,000Resale · Ready
07/10/2015The Residences 11 bed · Apartment1,046 sq ft⃃ 1,800,000Resale · Ready
13/09/2015The Residences 11 bed · Apartment1,046 sq ft⃃ 1,900,000Resale · Ready
02/09/2015The Residences 11 bed · Apartment915 sq ft⃃ 2,175,000Resale · Ready
09/08/2015The Residences 11 bed · Apartment1,046 sq ft⃃ 1,995,000Resale · Ready
17/06/2015The Residences 12 beds · Apartment1,452 sq ft⃃ 3,100,000Resale · Ready
07/06/2015The Residences 12 beds · Apartment1,629 sq ft⃃ 5,700,000Resale · 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 2015 with the whole of 2014.
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-residences-1/2015
The Residences 1 Property Transactions 2015. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-residences-1/2015

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 Residences 1 in 2015?
14 property sales worth ⃃ 53,755,800 were registered in The Residences 1 in 2015. That is 39.1% lower than 2014.
What was the median property price in The Residences 1 in 2015?
The median sale price was ⃃ 2,137,500 and the median price per square foot ⃃ 2,215 (1 Jan – 31 Dec 2015).
What share of 2015 sales in The Residences 1 were off-plan or from developers?
Developer (primary) sales were 7.1% of the 14 sales and resales 92.9%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/the-residences-1/2015