Dubai Land Department Off-Plan Register

Genesis 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

103 developer launch sales registered at Genesis between Jul 2018 and Sept 2020: 100% apartments, most commonly 1-bed units, typically around 704 sqft.

Launch sales
103
DLD off-plan registrations, all time
Median launch /sqft
AED 945
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 367,1641,008,000
Min – max registered

Bed mix: Studio 29% · 1-bed 45% · 2-bed 26%.

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

QuarterLaunch salesMedian AED/sqft
2018 Q313AED 959
2018 Q412AED 957
2019 Q121AED 945
2019 Q219AED 917
2019 Q311AED 976
2019 Q410AED 500
2020 Q110AED 972
2020 Q21AED 1,005
2020 Q36AED 945
Two different markets

Launch vs Resale

Genesis also has 148 ready-market resales registered with the DLD, the first on 1 June 2020 - 23 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
148
49 in the last 2 years
Resale median /sqft
AED 1,142
last 2 years
Resale vs launch
+21%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Genesis →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
704 sqft · 23 September 2020
AED 667,125
AED 948 /sqft
Apartment · Studio
490 sqft · 22 September 2020
AED 492,807
AED 1,005 /sqft
Apartment · 1 Bed
701 sqft · 22 September 2020
AED 661,113
AED 943 /sqft
Apartment · 2 Bed
1,023 sqft · 21 September 2020
AED 900,000
AED 880 /sqft
Apartment · Studio
485 sqft · 22 July 2020
AED 491,882
AED 1,015 /sqft

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

Compare projects

Other Off-Plan Projects in Arjan

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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