The Pad Launch Prices
Off-plan in Business Bay · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
239 developer launch sales registered at The Pad between Jun 2009 and Oct 2020: 100% apartments, most commonly 1-bed units, typically around 667 sqft.
Bed mix: 1-bed 82% · 2-bed 17% · 3-bed 1%.
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 by Quarter
Median registered launch price per square foot at The Pad, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2009 Q2 | 143 | AED 2,201 |
| 2009 Q3 | 2 | AED 3,155 |
| 2012 Q1 | 1 | AED 1,022 |
| 2014 Q1 | 10 | AED 2,499 |
| 2014 Q2 | 2 | AED 2,395 |
| 2014 Q3 | 1 | AED 1,621 |
| 2014 Q4 | 1 | AED 2,078 |
| 2016 Q1 | 1 | AED 2,150 |
| 2016 Q2 | 5 | AED 1,660 |
| 2016 Q3 | 1 | AED 2,700 |
| 2016 Q4 | 4 | AED 2,700 |
| 2017 Q1 | 8 | AED 1,824 |
| 2017 Q3 | 3 | AED 1,252 |
| 2017 Q4 | 13 | AED 2,073 |
| 2018 Q1 | 3 | AED 1,501 |
| 2018 Q2 | 2 | AED 2,388 |
| 2018 Q3 | 1 | AED 1,487 |
| 2018 Q4 | 31 | AED 2,006 |
| 2019 Q2 | 1 | AED 2,310 |
| 2019 Q3 | 1 | AED 2,073 |
| 2019 Q4 | 1 | AED 1,023 |
| 2020 Q1 | 1 | AED 980 |
| 2020 Q2 | 1 | AED 2,071 |
| 2020 Q3 | 1 | AED 1,164 |
| 2020 Q4 | 1 | AED 3,160 |
Launch vs Resale
The Pad also has 278 ready-market resales registered with the DLD, the first on 5 March 2021 - 141 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.
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
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