Dubai Land Department Off-Plan Register

The Scala Tower 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

96 developer launch sales registered at The Scala Tower between May 2009 and Jul 2010: 100% apartments, most commonly 1-bed units, typically around 965 sqft.

Launch sales
96
DLD off-plan registrations, all time
Median launch /sqft
AED 1,318
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 431,8062,150,000
Min – max registered

Bed mix: Studio 15% · 1-bed 60% · 2-bed 25%.

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 Scala Tower, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q290AED 1,304
2009 Q31AED 1,688
2009 Q41AED 1,627
2010 Q21AED 1,446
2010 Q33AED 1,352
Two different markets

Launch vs Resale

The Scala Tower also has 360 ready-market resales registered with the DLD, the first on 24 October 2011 - 29 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
360
68 in the last 2 years
Resale median /sqft
AED 1,283
last 2 years
Resale vs launch
-3%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at The Scala Tower →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,254 sqft · 15 July 2010
AED 1,695,000
AED 1,352 /sqft
Apartment · Studio
398 sqft · 15 July 2010
AED 615,000
AED 1,545 /sqft
Apartment · 2 Bed
1,254 sqft · 15 July 2010
AED 1,695,000
AED 1,352 /sqft
Apartment · 1 Bed
875 sqft · 22 June 2010
AED 1,265,000
AED 1,446 /sqft
Apartment · 2 Bed
1,266 sqft · 5 October 2009
AED 2,060,000
AED 1,627 /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.

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