Dubai Land Department Off-Plan Register

Elite Downtown Residence 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

93 developer launch sales registered at Elite Downtown Residence between Apr 2018 and Apr 2022: 100% apartments, most commonly 1-bed units, typically around 806 sqft.

Launch sales
93
DLD off-plan registrations, all time
Median launch /sqft
AED 1,606
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 747,9002,993,000
Min – max registered

Bed mix: Studio 43% · 1-bed 44% · 2-bed 11% · 3-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 Elite Downtown Residence, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2018 Q22AED 1,984
2021 Q310AED 1,557
2021 Q417AED 1,527
2022 Q163AED 1,610
2022 Q21AED 1,870
Two different markets

Launch vs Resale

Elite Downtown Residence also has 402 ready-market resales registered with the DLD, the first on 6 April 2022 - 48 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
402
78 in the last 2 years
Resale median /sqft
AED 2,236
last 2 years
Resale vs launch
+39%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Elite Downtown Residence →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
809 sqft · 12 April 2022
AED 1,511,750
AED 1,870 /sqft
Apartment · Studio
534 sqft · 30 March 2022
AED 788,640
AED 1,478 /sqft
Apartment · 1 Bed
809 sqft · 22 March 2022
AED 1,442,100
AED 1,784 /sqft
Apartment · Studio
529 sqft · 21 March 2022
AED 791,788
AED 1,495 /sqft
Apartment · Studio
518 sqft · 17 March 2022
AED 780,000
AED 1,506 /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 Downtown Dubai

Off-plan in Downtown Dubai

Compare this project with every other off-plan launch registered in Downtown Dubai, or see the community's resale market.

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