The Market

Top 5 Apartment Transactions in Dubai in Q4 of 2016

Apartments in the Burj Khalifa were the biggest transactions in Downtown Dubai.

Here's the line-up of the 5 biggest apartment transactions of the previous quarter.

Words by Ruqayyah Khan in The Market · Jan 22nd, 2017

According to data from REIDIN’s 2016 report, apartments in Downtown Dubai and Dubai Marina were the biggest deals of the last quarter. Here are the top 5 transactions we've put together from Q4:

1. Le Rêve Apartment, Dubai Marina, Aed 29.7 Million

A Le Rêve apartment (not pictured) also features on our list of top 10 real estate deals of 2016. It was sold at AED 2,070 per square foot in November 2016. Pictured is a luxury penthouse in Le Rêve in the same price range.

2. Armani Residences Apartment, Downtown Dubai, Aed 10.5 Million

A 1,926-square foot apartment (not pictured) in the Armani Residences of the Burj Khalifa was sold at AED 5,450 per square foot in December 2016. The Armani Residences apartments featured above are in the same range.

3. The Residences Apartment, Downtown Dubai, Aed 9.5 Million

Sold at AED 2,709 per square foot in November 2016, this apartment (not pictured) has a square footage of 3,507.

4. Murjan 5 Apartment, Jumeirah Beach Residence, Aed 9 Million

An apartment (not pictured) in Jumeirah Beach Residence sold at AED 1,574 per square foot in December 2016 with a built up area (BUA) of 5,716.

5. West Wharf Tower Apartment, Business Bay, Aed 7.6 Million

The final property on our list (not pictured) is an apartment in Business Bay. The apartment was sold in October 2016 at AED 1,312 per square foot with a square footage of 5,829 square feet. Featured is an off-plan penthouse in Business Bay.

Browse Similar Properties In These Areas

Note: The apartments listed above are purely for illustrative purposes. They are still listed for sale and have been featured for the reader to become familiar with the quality of apartments sold at that price point.