The Residences at Business Central Launch Prices
Off-plan in Business Bay · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
146 developer launch sales registered at The Residences at Business Central between Nov 2009 and May 2013: 100% apartments, most commonly 1-bed units, typically around 929 sqft.
Bed mix: 1-bed 67% · 2-bed 29% · 3-bed 3%.
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 Residences at Business Central, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2009 Q4 | 46 | AED 1,400 |
| 2010 Q1 | 30 | AED 1,221 |
| 2010 Q2 | 3 | AED 1,375 |
| 2010 Q3 | 1 | AED 1,512 |
| 2011 Q1 | 3 | AED 1,148 |
| 2011 Q2 | 1 | AED 908 |
| 2011 Q4 | 3 | AED 900 |
| 2012 Q1 | 10 | AED 1,200 |
| 2012 Q2 | 14 | AED 850 |
| 2012 Q3 | 7 | AED 1,200 |
| 2013 Q1 | 15 | AED 1,447 |
| 2013 Q2 | 13 | AED 1,400 |
Launch vs Resale
The Residences at Business Central also has 358 ready-market resales registered with the DLD, the first on 18 June 2013 - 43 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.
Resale prices and recent transactions at The Residences at Business Central →
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.
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