Project · Transactions · 2016

The Residences At Business Central Property Transactions 2016

15 property sales worth ⃃ 23.47M were registered in The Residences At Business Central in 2016, unchanged from 2015 by number of sales. The median sale price was ⃃ 1,458,530 and the median price per square foot ⃃ 1,438 (−2.7% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 15 salesUpdated: 18 Oct 2026
Property sales
15
0.0% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 23.47M
+1.8% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 1,458,530
+2.4% vs 2015
15 sales
Median price per sq ft
⃃ 1,438
−2.7% vs 2015
15 sales

What types of property sold in The Residences At Business Central in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1493.3%⃃ 21.61M⃃ 1,414,265⃃ 1,439
Commercial16.7%⃃ 1.86M⃃ 1,859,075⃃ 1,250

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)16.7%⃃ 1.86M⃃ 1,859,075⃃ 1,250
Resale (secondary)1493.3%⃃ 21.61M⃃ 1,414,265⃃ 1,439
Ready15100%⃃ 23.47M⃃ 1,458,530⃃ 1,438

How many rental contracts were registered in The Residences At Business Central in 2016?

65 rental contracts (new and renewed) were registered in The Residences At Business Central in 2016, at a median annual rent of ⃃ 90,000 (−5.3% on 2015). Rental yields in The Residences At Business Central

What were the most expensive property sales in The Residences At Business Central in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
25/07/2016The Residences At Business Central2 beds · Apartment1,335 sq ft⃃ 2,250,000Resale · Ready
31/05/2016The Residences At Business Central2 beds · Apartment1,329 sq ft⃃ 2,050,000Resale · Ready
23/02/2016The Residences At Business Central2 beds · Apartment1,330 sq ft⃃ 2,000,000Resale · Ready
04/09/2016The Residences At Business Central3 beds · Apartment1,781 sq ft⃃ 1,950,000Resale · Ready
07/12/2016The Residences At Business Central2 beds · Apartment1,335 sq ft⃃ 1,920,000Resale · Ready
25/04/2016The Residences At Business Central2 beds · Apartment1,384 sq ft⃃ 1,870,000Resale · Ready
19/12/2016The Residences At Business CentralCommercial1,487 sq ft⃃ 1,859,075Primary · Ready
22/06/2016The Residences At Business Central1 bed · Apartment920 sq ft⃃ 1,458,530Resale · Ready
08/05/2016The Residences At Business Central1 bed · Apartment930 sq ft⃃ 1,370,000Resale · Ready
21/08/2016The Residences At Business Central1 bed · Apartment930 sq ft⃃ 1,310,000Resale · 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-residences-at-business-central/2016
The Residences At Business Central Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-residences-at-business-central/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 Residences At Business Central in 2016?
15 property sales worth ⃃ 23,472,605 were registered in The Residences At Business Central in 2016. That is unchanged from 2015.
What was the median property price in The Residences At Business Central in 2016?
The median sale price was ⃃ 1,458,530 and the median price per square foot ⃃ 1,438 (1 Jan – 31 Dec 2016).
What share of 2016 sales in The Residences At Business Central were off-plan or from developers?
Developer (primary) sales were 6.7% of the 15 sales and resales 93.3%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/the-residences-at-business-central/2016