Dubai Land Department Off-Plan Register

West Wharf 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

86 developer launch sales registered at West Wharf between Jun 2009 and Nov 2014: 100% apartments, most commonly studio units, typically around 755 sqft.

Launch sales
86
DLD off-plan registrations, all time
Median launch /sqft
AED 1,562
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 630,00011,500,000
Min – max registered

Bed mix: Studio 41% · 1-bed 38% · 2-bed 10% · 3-bed 8% · 4+-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 history

Launch Price by Quarter

Median registered launch price per square foot at West Wharf, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q268AED 1,559
2013 Q11AED 1,148
2013 Q21AED 1,444
2013 Q48AED 1,473
2014 Q11AED 1,429
2014 Q22AED 1,763
2014 Q32AED 1,740
2014 Q43AED 1,705
Two different markets

Launch vs Resale

West Wharf also has 182 ready-market resales registered with the DLD, the first on 23 February 2015 - 68 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
182
32 in the last 2 years
Resale median /sqft
AED 1,630
last 2 years
Resale vs launch
+4%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at West Wharf →

The latest launch sales

Recent Launch Registrations

Apartment · Studio
587 sqft · 24 November 2014
AED 1,000,000
AED 1,705 /sqft
Apartment · Studio
587 sqft · 24 November 2014
AED 1,000,000
AED 1,705 /sqft
Apartment · 1 Bed
751 sqft · 10 November 2014
AED 1,295,000
AED 1,724 /sqft
Apartment · Studio
549 sqft · 8 September 2014
AED 975,000
AED 1,776 /sqft
Apartment · 1 Bed
807 sqft · 13 August 2014
AED 1,375,000
AED 1,703 /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.

All Business Bay projects

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