Project · Transactions · 2016

V3 Tower Property Transactions 2016

27 property sales worth ⃃ 35.29M were registered in V3 Tower in 2016, 35.0% higher than 2015 by number of sales. The median sale price was ⃃ 1,376,347 and the median price per square foot ⃃ 1,092 (−6.6% on 2015).

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 27 salesUpdated: 19 Oct 2026
Property sales
27
+35.0% vs 2015
1 Jan – 31 Dec 2016
Total value
⃃ 35.29M
+43.7% vs 2015
1 Jan – 31 Dec 2016
Median sale price
⃃ 1,376,347
+29.2% vs 2015
27 sales
Median price per sq ft
⃃ 1,092
−6.6% vs 2015
27 sales

What types of property sold in V3 Tower in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments27100%⃃ 35.29M⃃ 1,376,347⃃ 1,092

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)829.6%⃃ 9.26M⃃ 1,162,178⃃ 768
Resale (secondary)1970.4%⃃ 26.04M⃃ 1,430,000⃃ 1,176
Ready27100%⃃ 35.29M⃃ 1,376,347⃃ 1,092

How many rental contracts were registered in V3 Tower in 2016?

131 rental contracts (new and renewed) were registered in V3 Tower in 2016, at a median annual rent of ⃃ 106,000 (+6.0% on 2015). Rental yields in V3 Tower

What were the most expensive property sales in V3 Tower in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
14/12/2016V3 Tower2 beds · Apartment1,625 sq ft⃃ 2,120,000Resale · Ready
26/04/2016V3 Tower3 beds · Apartment2,981 sq ft⃃ 2,000,000Primary · Ready
19/12/2016V3 Tower2 beds · Apartment1,625 sq ft⃃ 1,750,000Resale · Ready
10/04/2016V3 Tower2 beds · Apartment1,625 sq ft⃃ 1,700,000Resale · Ready
26/06/2016V3 Tower2 beds · Apartment1,625 sq ft⃃ 1,670,000Resale · Ready
06/10/2016V3 Tower2 beds · Apartment1,250 sq ft⃃ 1,665,000Resale · Ready
26/04/2016V3 Tower2 beds · Apartment1,625 sq ft⃃ 1,600,000Resale · Ready
28/11/2016V3 Tower2 beds · Apartment1,348 sq ft⃃ 1,540,000Resale · Ready
07/09/2016V3 Tower2 beds · Apartment1,310 sq ft⃃ 1,500,000Resale · Ready
01/06/2016V3 Tower2 beds · Apartment1,310 sq ft⃃ 1,480,000Resale · Ready

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
19/12/2016V3 Tower2 beds · Apartment1,625 sq ft⃃ 1,750,000Resale · Ready
14/12/2016V3 Tower2 beds · Apartment1,625 sq ft⃃ 2,120,000Resale · Ready
06/12/2016V3 Tower2 beds · Apartment1,348 sq ft⃃ 1,167,209Primary · Ready
29/11/2016V3 Tower1 bed · Apartment846 sq ft⃃ 560,898Primary · Ready
28/11/2016V3 Tower2 beds · Apartment1,348 sq ft⃃ 1,540,000Resale · Ready
17/11/2016V3 Tower1 bed · Apartment805 sq ft⃃ 1,000,000Resale · Ready
02/11/2016V3 Tower2 beds · Apartment1,625 sq ft⃃ 1,376,347Primary · Ready
10/10/2016V3 Tower1 bed · Apartment846 sq ft⃃ 995,000Resale · Ready
06/10/2016V3 Tower2 beds · Apartment1,250 sq ft⃃ 1,665,000Resale · Ready
04/10/2016V3 Tower2 beds · Apartment1,310 sq ft⃃ 1,430,000Resale · 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/v3-tower/2016
V3 Tower Property Transactions 2016. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/v3-tower/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 V3 Tower in 2016?
27 property sales worth ⃃ 35,290,354 were registered in V3 Tower in 2016. That is 35.0% higher than 2015.
What was the median property price in V3 Tower in 2016?
The median sale price was ⃃ 1,376,347 and the median price per square foot ⃃ 1,092 (1 Jan – 31 Dec 2016).
What share of 2016 sales in V3 Tower were off-plan or from developers?
Developer (primary) sales were 29.6% of the 27 sales and resales 70.4%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/v3-tower/2016