Building · Transactions · 2017

The Residences 1 Property Transactions 2017

5 property sales worth ⃃ 17.13M were registered in The Residences 1 in 2017, 16.7% lower than 2016 by number of sales. The median sale price was ⃃ 2,750,000 and the median price per square foot ⃃ 2,186 (+3.2% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 5 salesUpdated: 18 Oct 2026
Property sales
5
−16.7% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 17.13M
−4.6% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 2,750,000
+41.0% vs 2016
5 sales
Median price per sq ft
⃃ 2,186
+3.2% vs 2016
5 sales

What types of property sold in The Residences 1 in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments5100%⃃ 17.13M⃃ 2,750,000⃃ 2,186

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
Resale (secondary)5100%⃃ 17.13M⃃ 2,750,000⃃ 2,186
Ready5100%⃃ 17.13M⃃ 2,750,000⃃ 2,186

How many rental contracts were registered in The Residences 1 in 2017?

93 rental contracts (new and renewed) were registered in The Residences 1 in 2017, at a median annual rent of ⃃ 145,000 (−9.4% on 2016). Rental yields in The Residences 1

What were the most expensive property sales in The Residences 1 in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
04/01/2017The Residences 13 beds · Apartment2,082 sq ft⃃ 7,500,000Resale · Ready
23/05/2017The Residences 12 beds · Apartment1,452 sq ft⃃ 2,875,000Resale · Ready
09/10/2017The Residences 12 beds · Apartment1,452 sq ft⃃ 2,750,000Resale · Ready
03/04/2017The Residences 11 bed · Apartment915 sq ft⃃ 2,000,000Resale · Ready
04/04/2017The Residences 11 bed · Apartment915 sq ft⃃ 2,000,000Resale · Ready

What were the last registered sales of 2017?

DatePropertyTypeSizePriceMarket
09/10/2017The Residences 12 beds · Apartment1,452 sq ft⃃ 2,750,000Resale · Ready
23/05/2017The Residences 12 beds · Apartment1,452 sq ft⃃ 2,875,000Resale · Ready
04/04/2017The Residences 11 bed · Apartment915 sq ft⃃ 2,000,000Resale · Ready
03/04/2017The Residences 11 bed · Apartment915 sq ft⃃ 2,000,000Resale · Ready
04/01/2017The Residences 13 beds · Apartment2,082 sq ft⃃ 7,500,000Resale · 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 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-residences-1/2017
The Residences 1 Property Transactions 2017. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-residences-1/2017

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 Residences 1 in 2017?
5 property sales worth ⃃ 17,125,000 were registered in The Residences 1 in 2017. That is 16.7% lower than 2016.
What was the median property price in The Residences 1 in 2017?
The median sale price was ⃃ 2,750,000 and the median price per square foot ⃃ 2,186 (1 Jan – 31 Dec 2017).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/the-residences-1/2017