Dubai Land Department Off-Plan Register

Avenue Residence 2 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

70 developer launch sales registered at Avenue Residence 2 between Jan 2015 and Nov 2016: 100% apartments, most commonly 2-bed units, typically around 1,206 sqft.

Launch sales
70
DLD off-plan registrations, all time
Median launch /sqft
AED 940
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 556,4522,123,466
Min – max registered

Bed mix: 1-bed 29% · 2-bed 51% · 3-bed 20%.

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 2, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2015 Q113AED 1,003
2015 Q214AED 885
2015 Q33AED 950
2015 Q411AED 950
2016 Q16AED 850
2016 Q27AED 953
2016 Q312AED 450
2016 Q44AED 970
Two different markets

Launch vs Resale

Avenue Residence 2 also has 76 ready-market resales registered with the DLD, the first on 9 March 2017 - 26 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
76
14 in the last 2 years
Resale median /sqft
AED 1,079
last 2 years
Resale vs launch
+15%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Avenue Residence 2 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,143 sqft · 14 November 2016
AED 1,142,760
AED 1,000 /sqft
Apartment · 2 Bed
1,259 sqft · 14 November 2016
AED 1,183,431
AED 940 /sqft
Apartment · 2 Bed
1,143 sqft · 31 October 2016
AED 1,075,000
AED 940 /sqft
Apartment · 1 Bed
861 sqft · 19 October 2016
AED 860,000
AED 999 /sqft
Apartment · 2 Bed
1,273 sqft · 23 August 2016
AED 556,452
AED 437 /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

Compare this project with every other off-plan launch registered in Al Furjan, or see the community's resale market.

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