Dubai Land Department Off-Plan Register

The Cosmopolitan 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

328 developer launch sales registered at The Cosmopolitan between May 2009 and Oct 2014: 100% apartments, most commonly studio units, typically around 542 sqft.

Launch sales
328
DLD off-plan registrations, all time
Median launch /sqft
AED 1,937
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 569,6004,819,500
Min – max registered

Bed mix: Studio 59% · 1-bed 26% · 2-bed 9% · 3-bed 5%.

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

QuarterLaunch salesMedian AED/sqft
2009 Q21AED 1,142
2012 Q4110AED 1,920
2013 Q1118AED 2,096
2013 Q237AED 2,000
2013 Q313AED 1,800
2013 Q427AED 1,748
2014 Q114AED 1,831
2014 Q23AED 1,808
2014 Q34AED 2,266
2014 Q41AED 2,350
Two different markets

Launch vs Resale

The Cosmopolitan also has 554 ready-market resales registered with the DLD, the first on 11 November 2014 - 66 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
554
74 in the last 2 years
Resale median /sqft
AED 1,556
last 2 years
Resale vs launch
-20%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at The Cosmopolitan →

The latest launch sales

Recent Launch Registrations

Apartment · Studio
406 sqft · 13 October 2014
AED 954,100
AED 2,350 /sqft
Apartment · 1 Bed
803 sqft · 25 September 2014
AED 1,994,117
AED 2,483 /sqft
Apartment · Studio
428 sqft · 28 August 2014
AED 989,200
AED 2,311 /sqft
Apartment · Studio
356 sqft · 27 August 2014
AED 790,320
AED 2,220 /sqft
Apartment · 1 Bed
861 sqft · 11 August 2014
AED 1,700,000
AED 1,974 /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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