Dubai Land Department Off-Plan Register

The Sterling East House 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

209 developer launch sales registered at The Sterling East House between Jun 2015 and Feb 2024: 100% apartments, most commonly 1-bed units, typically around 1,002 sqft.

Launch sales
209
DLD off-plan registrations, all time
Median launch /sqft
AED 1,881
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 727,00016,447,927
Min – max registered

Bed mix: Studio 25% · 1-bed 46% · 2-bed 25% · 3-bed 2% · 4+-bed 2%.

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 Sterling East House, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2015 Q27AED 1,976
2015 Q36AED 1,647
2015 Q413AED 1,746
2016 Q13AED 1,955
2016 Q221AED 1,847
2017 Q13AED 1,740
2017 Q33AED 1,939
2017 Q43AED 1,831
2018 Q11AED 1,991
2018 Q21AED 1,993
2019 Q41AED 1,017
2020 Q11AED 1,991
2020 Q21AED 775
2020 Q31AED 1,849
2021 Q25AED 1,262
2021 Q35AED 1,289
2021 Q43AED 1,630
2022 Q12AED 1,889
2022 Q21AED 1,496
2022 Q313AED 1,865
2022 Q462AED 1,943
2023 Q15AED 1,905
2023 Q210AED 2,269
2023 Q315AED 2,152
2023 Q414AED 1,981
2024 Q19AED 2,002
Two different markets

Launch vs Resale

The Sterling East House also has 76 ready-market resales registered with the DLD, the first on 30 May 2024 - 107 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
76
64 in the last 2 years
Resale median /sqft
AED 2,320
last 2 years
Resale vs launch
+23%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at The Sterling East House →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,124 sqft · 14 February 2024
AED 2,350,000
AED 2,091 /sqft
Apartment · 2 Bed
962 sqft · 9 February 2024
AED 2,987,580
AED 3,105 /sqft
Apartment · Studio
414 sqft · 7 February 2024
AED 777,400
AED 1,876 /sqft
Apartment · 2 Bed
1,124 sqft · 26 January 2024
AED 2,250,000
AED 2,002 /sqft
Apartment · 1 Bed
975 sqft · 25 January 2024
AED 2,533,086
AED 2,598 /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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