Dubai Land Department Off-Plan Register

The Opus By Omniyat 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

32 developer launch sales registered at The Opus By Omniyat between Mar 2014 and May 2018: 100% apartments, most commonly 1-bed units, typically around 1,049 sqft.

Launch sales
32
DLD off-plan registrations, all time
Median launch /sqft
AED 3,719
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 2,640,16913,281,318
Min – max registered

Bed mix: 1-bed 78% · 2-bed 22%.

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 Opus By Omniyat, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2014 Q111AED 2,995
2014 Q21AED 3,692
2014 Q32AED 3,916
2015 Q14AED 3,596
2015 Q35AED 3,800
2016 Q21AED 4,200
2016 Q42AED 4,064
2017 Q12AED 3,796
2017 Q32AED 4,274
2018 Q11AED 4,000
2018 Q21AED 4,100
Two different markets

Launch vs Resale

The Opus By Omniyat also has 88 ready-market resales registered with the DLD, the first on 9 September 2022 - 102 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
88
37 in the last 2 years
Resale median /sqft
AED 3,558
last 2 years
Resale vs launch
-4%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at The Opus By Omniyat →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
1,048 sqft · 7 May 2018
AED 4,296,800
AED 4,100 /sqft
Apartment · 1 Bed
925 sqft · 7 February 2018
AED 3,700,000
AED 4,000 /sqft
Apartment · 1 Bed
823 sqft · 28 August 2017
AED 3,538,900
AED 4,300 /sqft
Apartment · 2 Bed
2,214 sqft · 5 July 2017
AED 9,405,000
AED 4,248 /sqft
Apartment · 2 Bed
3,347 sqft · 2 March 2017
AED 12,537,862
AED 3,746 /sqft

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

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Off-plan in Business Bay

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