Dubai Land Department Off-Plan Register

29 Blvd T1 Launch Prices

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

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At a glance

Launch Summary

351 developer launch sales registered at 29 Blvd T1 between Jun 2010 and Sept 2013: 100% apartments, most commonly 2-bed units, typically around 1,085 sqft.

Launch sales
351
DLD off-plan registrations, all time
Median launch /sqft
AED 1,877
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 900,0005,356,888
Min – max registered

Bed mix: Studio 6% · 1-bed 46% · 2-bed 48% · 3-bed 0%.

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 29 Blvd T1, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2010 Q2221AED 1,858
2010 Q311AED 1,863
2012 Q21AED 1,228
2012 Q33AED 1,160
2012 Q426AED 1,607
2013 Q131AED 1,904
2013 Q232AED 1,939
2013 Q326AED 2,389
Two different markets

Launch vs Resale

29 Blvd T1 also has 593 ready-market resales registered with the DLD, the first on 11 April 2011 - 10 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
593
70 in the last 2 years
Resale median /sqft
AED 2,392
last 2 years
Resale vs launch
+27%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at 29 Blvd T1 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
847 sqft · 19 September 2013
AED 1,750,000
AED 2,066 /sqft
Apartment · Studio
473 sqft · 19 September 2013
AED 1,135,000
AED 2,400 /sqft
Apartment · 2 Bed
1,085 sqft · 16 September 2013
AED 2,975,000
AED 2,742 /sqft
Apartment · 2 Bed
1,085 sqft · 16 September 2013
AED 2,107,888
AED 1,943 /sqft
Apartment · 2 Bed
1,085 sqft · 12 September 2013
AED 2,102,888
AED 1,938 /sqft

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

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