Dubai Land Department Off-Plan Register

Al Madar Siraj Tower Launch Prices

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

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At a glance

Launch Summary

61 developer launch sales registered at Al Madar Siraj Tower between Apr 2009 and Jul 2016: 100% apartments, most commonly studio units, typically around 415 sqft.

Launch sales
61
DLD off-plan registrations, all time
Median launch /sqft
AED 1,032
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 67,0831,931,750
Min – max registered

Bed mix: Studio 56% · 1-bed 30% · 2-bed 11% · 3-bed 3%.

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 Al Madar Siraj Tower, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q244AED 1,062
2010 Q22AED 1,194
2015 Q12AED 1,153
2016 Q212AED 469
2016 Q31AED 832
Two different markets

Launch vs Resale

Al Madar Siraj Tower also has 294 ready-market resales registered with the DLD, the first on 15 August 2016 - 88 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
294
174 in the last 2 years
Resale median /sqft
AED 1,099
last 2 years
Resale vs launch
+6%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Al Madar Siraj Tower →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
848 sqft · 13 July 2016
AED 705,151
AED 832 /sqft
Apartment · 3 Bed
606 sqft · 6 June 2016
AED 500,000
AED 825 /sqft
Apartment · 1 Bed
283 sqft · 31 May 2016
AED 132,450
AED 469 /sqft
Apartment · 2 Bed
448 sqft · 31 May 2016
AED 209,769
AED 469 /sqft
Apartment · Studio
140 sqft · 30 May 2016
AED 67,083
AED 479 /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 Arjan

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

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