Dubai Land Department Off-Plan Register

Miraclz 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

560 developer launch sales registered at Miraclz Tower between Nov 2016 and Mar 2021: 100% apartments, most commonly studio units, typically around 403 sqft.

Launch sales
560
DLD off-plan registrations, all time
Median launch /sqft
AED 1,180
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 150,0001,290,392
Min – max registered

Bed mix: Studio 69% · 1-bed 23% · 2-bed 8%.

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

QuarterLaunch salesMedian AED/sqft
2016 Q4156AED 1,200
2017 Q1240AED 1,181
2017 Q297AED 1,120
2017 Q330AED 1,130
2017 Q410AED 1,293
2018 Q15AED 1,120
2018 Q31AED 1,329
2018 Q42AED 1,091
2019 Q12AED 1,261
2019 Q22AED 870
2019 Q42AED 1,255
2020 Q12AED 1,164
2020 Q28AED 1,025
2020 Q31AED 820
2020 Q41AED 783
2021 Q11AED 1,231
Two different markets

Launch vs Resale

Miraclz Tower also has 285 ready-market resales registered with the DLD, the first on 26 April 2021 - 53 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
285
127 in the last 2 years
Resale median /sqft
AED 1,313
last 2 years
Resale vs launch
+11%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Miraclz Tower →

The latest launch sales

Recent Launch Registrations

Apartment · Studio
402 sqft · 29 March 2021
AED 495,000
AED 1,231 /sqft
Apartment · Studio
402 sqft · 10 December 2020
AED 315,000
AED 783 /sqft
Apartment · Studio
402 sqft · 26 August 2020
AED 330,000
AED 820 /sqft
Apartment · Studio
390 sqft · 16 June 2020
AED 400,000
AED 1,025 /sqft
Apartment · Studio
390 sqft · 16 June 2020
AED 400,000
AED 1,025 /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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