Building · Transactions · 2017

The Residences 7 Property Transactions 2017

10 property sales worth ⃃ 25.55M were registered in The Residences 7 in 2017, 100.0% higher than 2016 by number of sales. The median sale price was ⃃ 2,001,444 and the median price per square foot ⃃ 1,896 (−8.2% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 10 salesUpdated: 18 Oct 2026
Property sales
10
+100.0% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 25.55M
+44.9% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 2,001,444
−33.3% vs 2016
10 sales
Median price per sq ft
⃃ 1,896
−8.2% vs 2016
10 sales

What types of property sold in The Residences 7 in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments10100%⃃ 25.55M⃃ 2,001,444⃃ 1,896

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)110%⃃ 4.58M⃃ 4,575,000⃃ 2,197
Resale (secondary)990%⃃ 20.97M⃃ 1,850,000⃃ 1,858
Ready10100%⃃ 25.55M⃃ 2,001,444⃃ 1,896

How many rental contracts were registered in The Residences 7 in 2017?

86 rental contracts (new and renewed) were registered in The Residences 7 in 2017, at a median annual rent of ⃃ 160,000 (−5.9% on 2016). Rental yields in The Residences 7

What were the most expensive property sales in The Residences 7 in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
22/11/2017The Residences 73 beds · Apartment2,082 sq ft⃃ 4,575,000Primary · Ready
25/01/2017The Residences 72 beds · Apartment1,650 sq ft⃃ 4,300,000Resale · Ready
25/01/2017The Residences 72 beds · Apartment1,629 sq ft⃃ 3,900,000Resale · Ready
01/02/2017The Residences 71 bed · Apartment1,061 sq ft⃃ 2,300,000Resale · Ready
09/07/2017The Residences 72 beds · Apartment1,452 sq ft⃃ 2,152,888Resale · Ready
18/07/2017The Residences 71 bed · Apartment1,046 sq ft⃃ 1,850,000Resale · Ready
20/03/2017The Residences 71 bed · Apartment915 sq ft⃃ 1,770,000Resale · Ready
18/12/2017The Residences 71 bed · Apartment915 sq ft⃃ 1,700,000Resale · Ready
21/05/2017The Residences 71 bed · Apartment915 sq ft⃃ 1,650,000Resale · Ready
15/11/2017The Residences 71 bed · Apartment1,046 sq ft⃃ 1,350,000Resale · Ready

What were the last registered sales of 2017?

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 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-7/2017
The Residences 7 Property Transactions 2017. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-residences-7/2017

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 7 in 2017?
10 property sales worth ⃃ 25,547,888 were registered in The Residences 7 in 2017. That is 100.0% higher than 2016.
What was the median property price in The Residences 7 in 2017?
The median sale price was ⃃ 2,001,444 and the median price per square foot ⃃ 1,896 (1 Jan – 31 Dec 2017).
What share of 2017 sales in The Residences 7 were off-plan or from developers?
Developer (primary) sales were 10% of the 10 sales and resales 90%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/the-residences-7/2017