Dubai Land Department Off-Plan Register

Damac Hills - Orchid 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

44 developer launch sales registered at Damac Hills - Orchid B between Mar 2014 and Mar 2018: 100% apartments, most commonly 1-bed units, typically around 836 sqft.

Launch sales
44
DLD off-plan registrations, all time
Median launch /sqft
AED 1,315
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 483,0001,963,650
Min – max registered

Bed mix: Studio 39% · 1-bed 59% · 2-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 Damac Hills - Orchid B, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2014 Q11AED 1,611
2014 Q223AED 1,323
2014 Q35AED 1,318
2014 Q42AED 1,614
2017 Q22AED 1,069
2017 Q32AED 1,116
2017 Q48AED 1,142
2018 Q11AED 871
Two different markets

Launch vs Resale

Damac Hills - Orchid B also has 44 ready-market resales registered with the DLD, the first on 9 April 2019 - 61 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
44
13 in the last 2 years
Resale median /sqft
AED 1,150
last 2 years
Resale vs launch
-13%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Damac Hills - Orchid B →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
1,403 sqft · 29 March 2018
AED 1,222,000
AED 871 /sqft
Apartment · 1 Bed
939 sqft · 25 December 2017
AED 987,000
AED 1,051 /sqft
Apartment · Studio
621 sqft · 14 December 2017
AED 748,000
AED 1,205 /sqft
Apartment · 1 Bed
1,082 sqft · 14 December 2017
AED 1,218,000
AED 1,126 /sqft
Apartment · Studio
629 sqft · 21 November 2017
AED 696,000
AED 1,106 /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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