Building · Transactions · 2016

The Residences North Property Transactions 2016

27 property sales worth ⃃ 102.77M were registered in The Residences North in 2016, 28.9% lower than 2015 by number of sales. The median sale price was ⃃ 3,600,000 and the median price per square foot ⃃ 1,458 (−1.4% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 27 salesUpdated: 19 Oct 2026
Property sales
27
−28.9% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 102.77M
−19.6% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 3,600,000
+27.4% vs 2015
27 sales
Median price per sq ft
⃃ 1,458
−1.4% vs 2015
27 sales

What types of property sold in The Residences North in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments27100%⃃ 102.77M⃃ 3,600,000⃃ 1,458

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)27.4%⃃ 14.4M⃃ 7,200,000⃃ 1,528
Resale (secondary)2592.6%⃃ 88.37M⃃ 3,500,000⃃ 1,458
Ready27100%⃃ 102.77M⃃ 3,600,000⃃ 1,458

How many rental contracts were registered in The Residences North in 2016?

91 rental contracts (new and renewed) were registered in The Residences North in 2016, at a median annual rent of ⃃ 220,000 (+10.0% on 2015). Rental yields in The Residences North

What were the most expensive property sales in The Residences North in 2016?

The ten highest registered sale prices in the year.

No transactions on record for this selection.

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
19/12/2016The Residences North1 bed · Apartment1,526 sq ft⃃ 1,875,000Resale · Ready
08/12/2016The Residences North2 beds · Apartment2,191 sq ft⃃ 3,800,000Resale · Ready
05/12/2016The Residences North2 beds · Apartment1,717 sq ft⃃ 3,500,000Resale · Ready
22/11/2016The Residences North2 beds · Apartment2,165 sq ft⃃ 2,650,000Resale · Ready
06/11/2016The Residences North3 beds · Apartment4,904 sq ft⃃ 3,650,000Resale · Ready
03/10/2016The Residences North1 bed · Apartment1,292 sq ft⃃ 1,800,000Resale · Ready
03/10/2016The Residences North1 bed · Apartment1,321 sq ft⃃ 1,825,000Resale · Ready
27/09/2016The Residences North3 beds · Apartment3,024 sq ft⃃ 4,326,000Resale · Ready
01/09/2016The Residences North2 beds · Apartment1,723 sq ft⃃ 2,600,000Resale · Ready
17/08/2016The Residences North1 bed · Apartment1,444 sq ft⃃ 1,750,000Resale · 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 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-north/2016
The Residences North Property Transactions 2016. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/the-residences-north/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 North in 2016?
27 property sales worth ⃃ 102,772,000 were registered in The Residences North in 2016. That is 28.9% lower than 2015.
What was the median property price in The Residences North in 2016?
The median sale price was ⃃ 3,600,000 and the median price per square foot ⃃ 1,458 (1 Jan – 31 Dec 2016).
What share of 2016 sales in The Residences North were off-plan or from developers?
Developer (primary) sales were 7.4% of the 27 sales and resales 92.6%. Primary/resale and off-plan/ready are different splits.

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