Dubai Land Department Off-Plan Register

Park Central 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

118 developer launch sales registered at Park Central between Aug 2012 and Nov 2013: 100% apartments, most commonly 1-bed units, typically around 730 sqft.

Launch sales
118
DLD off-plan registrations, all time
Median launch /sqft
AED 1,204
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 324,6752,452,540
Min – max registered

Bed mix: Studio 31% · 1-bed 42% · 2-bed 27%.

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

QuarterLaunch salesMedian AED/sqft
2012 Q310AED 1,250
2012 Q462AED 1,062
2013 Q113AED 1,000
2013 Q216AED 1,434
2013 Q38AED 1,379
2013 Q49AED 1,300
Two different markets

Launch vs Resale

Park Central also has 247 ready-market resales registered with the DLD, the first on 25 February 2014 - 18 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
247
53 in the last 2 years
Resale median /sqft
AED 1,166
last 2 years
Resale vs launch
-3%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Park Central →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
730 sqft · 26 November 2013
AED 1,197,000
AED 1,640 /sqft
Apartment · 2 Bed
1,339 sqft · 26 November 2013
AED 1,740,700
AED 1,300 /sqft
Apartment · Studio
863 sqft · 25 November 2013
AED 881,000
AED 1,021 /sqft
Apartment · Studio
841 sqft · 25 November 2013
AED 859,000
AED 1,021 /sqft
Apartment · Studio
455 sqft · 25 November 2013
AED 604,500
AED 1,329 /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 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.

All Business Bay projects

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