Dubai Land Department Off-Plan Register

Golf Promenade 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

80 developer launch sales registered at Golf Promenade 2 - B between Dec 2014 and Jan 2020: 100% apartments, most commonly studio units, typically around 826 sqft.

Launch sales
80
DLD off-plan registrations, all time
Median launch /sqft
AED 1,412
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 505,4003,241,440
Min – max registered

Bed mix: Studio 44% · 1-bed 39% · 2-bed 16% · 3-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 Golf Promenade 2 - B, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2014 Q42AED 1,608
2015 Q217AED 1,454
2015 Q419AED 1,425
2016 Q111AED 1,412
2016 Q24AED 1,436
2016 Q41AED 1,608
2017 Q34AED 1,329
2017 Q43AED 1,297
2018 Q21AED 1,400
2018 Q31AED 1,320
2018 Q42AED 1,416
2019 Q11AED 1,355
2019 Q27AED 900
2019 Q35AED 1,307
2019 Q41AED 1,342
2020 Q11AED 1,032
Two different markets

Launch vs Resale

Golf Promenade 2 - B also has 57 ready-market resales registered with the DLD, the first on 24 November 2020 - 71 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
57
29 in the last 2 years
Resale median /sqft
AED 1,221
last 2 years
Resale vs launch
-14%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Golf Promenade 2 - B →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,459 sqft · 27 January 2020
AED 1,505,000
AED 1,032 /sqft
Apartment · 1 Bed
817 sqft · 5 December 2019
AED 1,096,000
AED 1,342 /sqft
Apartment · 1 Bed
972 sqft · 1 August 2019
AED 1,271,000
AED 1,307 /sqft
Apartment · 2 Bed
1,462 sqft · 1 August 2019
AED 1,548,000
AED 1,059 /sqft
Apartment · 1 Bed
943 sqft · 1 August 2019
AED 1,281,000
AED 1,359 /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 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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