Dubai Land Department Off-Plan Register

Damac Hills - Orchid a 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

59 developer launch sales registered at Damac Hills - Orchid a between Apr 2014 and Oct 2018: 100% apartments, most commonly 1-bed units, typically around 840 sqft.

Launch sales
59
DLD off-plan registrations, all time
Median launch /sqft
AED 1,291
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 11,3622,338,750
Min – max registered

Bed mix: Studio 39% · 1-bed 47% · 2-bed 14%.

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

QuarterLaunch salesMedian AED/sqft
2014 Q239AED 1,284
2014 Q37AED 1,318
2014 Q42AED 1,330
2015 Q11AED 1,509
2016 Q11AED 1,186
2016 Q21AED 983
2016 Q31AED 1,200
2017 Q21AED 1,290
2017 Q41AED 1,208
2018 Q24AED 1,304
2018 Q41AED 1,363
Two different markets

Launch vs Resale

Damac Hills - Orchid a also has 27 ready-market resales registered with the DLD, the first on 27 October 2020 - 78 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
27
9 in the last 2 years
Resale median /sqft
AED 1,306
last 2 years
Resale vs launch
+1%
ready-market median (2 yrs) vs all-time launch median

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

The latest launch sales

Recent Launch Registrations

Apartment · Studio
485 sqft · 1 October 2018
AED 661,000
AED 1,363 /sqft
Apartment · Studio
392 sqft · 25 June 2018
AED 493,000
AED 1,258 /sqft
Apartment · 1 Bed
931 sqft · 17 May 2018
AED 987,000
AED 1,060 /sqft
Apartment · Studio
441 sqft · 7 May 2018
AED 627,000
AED 1,422 /sqft
Apartment · Studio
642 sqft · 3 May 2018
AED 867,000
AED 1,351 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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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.

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