Dubai Land Department Off-Plan Register

Avenue Residence 1 Launch Prices

Off-plan in Al Furjan · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

130 developer launch sales registered at Avenue Residence 1 between Sept 2013 and Sept 2014: 100% apartments, most commonly 2-bed units, typically around 1,357 sqft.

Launch sales
130
DLD off-plan registrations, all time
Median launch /sqft
AED 790
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 487,3341,962,500
Min – max registered

Bed mix: 1-bed 11% · 2-bed 70% · 3-bed 19%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Avenue Residence 1, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2013 Q343AED 770
2013 Q456AED 780
2014 Q121AED 900
2014 Q27AED 1,039
2014 Q33AED 930
Two different markets

Launch vs Resale

Avenue Residence 1 also has 173 ready-market resales registered with the DLD, the first on 9 October 2014 - 13 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
173
18 in the last 2 years
Resale median /sqft
AED 1,015
last 2 years
Resale vs launch
+28%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Avenue Residence 1 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,628 sqft · 25 September 2014
AED 1,540,000
AED 946 /sqft
Apartment · 2 Bed
1,340 sqft · 8 September 2014
AED 1,036,918
AED 774 /sqft
Apartment · 2 Bed
1,609 sqft · 12 August 2014
AED 1,496,416
AED 930 /sqft
Apartment · 1 Bed
770 sqft · 28 May 2014
AED 960,000
AED 1,247 /sqft
Apartment · 3 Bed
1,889 sqft · 19 May 2014
AED 1,962,500
AED 1,039 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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Off-plan in Al Furjan

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