Dubai Land Department Off-Plan Register

Golf Promenade 3 - 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

28 developer launch sales registered at Golf Promenade 3 - A between Sept 2015 and May 2017: 100% apartments, most commonly 1-bed units, typically around 884 sqft.

Launch sales
28
DLD off-plan registrations, all time
Median launch /sqft
AED 1,298
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 688,7502,483,300
Min – max registered

Bed mix: Studio 18% · 1-bed 75% · 2-bed 4% · 3-bed 4%.

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 3 - A, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2015 Q31AED 1,251
2015 Q48AED 1,275
2016 Q17AED 1,311
2016 Q25AED 1,298
2016 Q42AED 1,193
2017 Q12AED 1,200
2017 Q23AED 1,214
Two different markets

Launch vs Resale

Golf Promenade 3 - A also has 47 ready-market resales registered with the DLD, the first on 25 December 2018 - 39 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
47
14 in the last 2 years
Resale median /sqft
AED 1,153
last 2 years
Resale vs launch
-11%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Golf Promenade 3 - A →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
804 sqft · 8 May 2017
AED 976,000
AED 1,214 /sqft
Apartment · 1 Bed
838 sqft · 8 May 2017
AED 1,157,000
AED 1,380 /sqft
Apartment · 1 Bed
832 sqft · 17 April 2017
AED 999,000
AED 1,200 /sqft
Apartment · Studio
521 sqft · 15 February 2017
AED 727,000
AED 1,395 /sqft
Apartment · 1 Bed
882 sqft · 6 February 2017
AED 886,000
AED 1,005 /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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