Dubai Land Department Off-Plan Register

Damac Hills - LORETO 2 - B Launch Prices

Off-plan in DAMAC Hills · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

69 developer launch sales registered at Damac Hills - LORETO 2 - B between Aug 2014 and Jul 2018: 100% apartments, most commonly 1-bed units, typically around 837 sqft.

Launch sales
69
DLD off-plan registrations, all time
Median launch /sqft
AED 1,324
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 525,0002,489,950
Min – max registered

Bed mix: Studio 39% · 1-bed 49% · 2-bed 12%.

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 Damac Hills - LORETO 2 - B, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2014 Q328AED 1,403
2014 Q416AED 1,417
2015 Q11AED 1,413
2015 Q21AED 1,310
2016 Q11AED 1,260
2016 Q21AED 1,362
2017 Q12AED 1,276
2017 Q414AED 973
2018 Q12AED 1,077
2018 Q22AED 1,218
2018 Q31AED 884
Two different markets

Launch vs Resale

Damac Hills - LORETO 2 - B also has 52 ready-market resales registered with the DLD, the first on 31 July 2019 - 59 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
52
17 in the last 2 years
Resale median /sqft
AED 1,279
last 2 years
Resale vs launch
-3%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Damac Hills - LORETO 2 - B →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
1,314 sqft · 9 July 2018
AED 1,162,000
AED 884 /sqft
Apartment · 1 Bed
1,247 sqft · 7 May 2018
AED 1,374,120
AED 1,102 /sqft
Apartment · Studio
592 sqft · 3 May 2018
AED 790,000
AED 1,333 /sqft
Apartment · 1 Bed
997 sqft · 5 March 2018
AED 1,026,000
AED 1,029 /sqft
Apartment · 1 Bed
1,082 sqft · 8 February 2018
AED 1,218,000
AED 1,126 /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 DAMAC Hills

Off-plan in DAMAC Hills

Compare this project with every other off-plan launch registered in DAMAC Hills, or see the community's resale market.

All DAMAC Hills projects

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