Dubai Land Department Off-Plan Register

Churchill Tower 2-Residential Launch Prices

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

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At a glance

Launch Summary

431 developer launch sales registered at Churchill Tower 2-Residential between Mar 2010 and Nov 2011: 100% apartments, most commonly 1-bed units, typically around 1,066 sqft.

Launch sales
431
DLD off-plan registrations, all time
Median launch /sqft
AED 977
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 330,0007,461,315
Min – max registered

Bed mix: 1-bed 51% · 2-bed 45% · 3-bed 4%.

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 Churchill Tower 2-Residential, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2010 Q1332AED 991
2010 Q229AED 978
2010 Q35AED 760
2010 Q413AED 924
2011 Q17AED 663
2011 Q214AED 757
2011 Q322AED 632
2011 Q49AED 792
Two different markets

Launch vs Resale

Churchill Tower 2-Residential also has 920 ready-market resales registered with the DLD, the first on 7 December 2011 - 21 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
920
85 in the last 2 years
Resale median /sqft
AED 1,417
last 2 years
Resale vs launch
+45%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Churchill Tower 2-Residential →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,539 sqft · 24 November 2011
AED 1,203,600
AED 782 /sqft
Apartment · 2 Bed
1,539 sqft · 3 November 2011
AED 1,220,800
AED 793 /sqft
Apartment · 1 Bed
1,054 sqft · 24 October 2011
AED 510,000
AED 484 /sqft
Apartment · 2 Bed
1,539 sqft · 24 October 2011
AED 1,100,000
AED 715 /sqft
Apartment · 1 Bed
819 sqft · 19 October 2011
AED 648,780
AED 792 /sqft

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

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Other Off-Plan Projects in Business Bay

Off-plan in Business Bay

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

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