Dubai Land Department Off-Plan Register

IL Primo 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

187 developer launch sales registered at IL Primo between Jul 2016 and Aug 2024: 100% apartments, most commonly 4+-bed units, typically around 5,333 sqft.

Launch sales
187
DLD off-plan registrations, all time
Median launch /sqft
AED 3,739
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 10,556,18466,500,000
Min – max registered

Bed mix: 4+-bed 100%.

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

QuarterLaunch salesMedian AED/sqft
2016 Q317AED 3,404
2017 Q12AED 3,446
2017 Q21AED 3,486
2017 Q35AED 3,478
2017 Q42AED 3,669
2018 Q13AED 3,716
2018 Q22AED 3,524
2018 Q42AED 3,464
2019 Q14AED 3,499
2019 Q26AED 3,441
2019 Q32AED 3,530
2019 Q45AED 3,348
2020 Q17AED 3,818
2020 Q22AED 3,800
2020 Q36AED 3,530
2020 Q45AED 3,726
2021 Q13AED 3,244
2021 Q26AED 3,748
2021 Q314AED 3,682
2021 Q424AED 3,763
2022 Q19AED 3,863
2022 Q29AED 4,052
2022 Q35AED 3,933
2022 Q42AED 4,125
2023 Q110AED 3,797
2023 Q212AED 4,682
2023 Q31AED 5,468
2023 Q410AED 4,910
2024 Q15AED 5,157
2024 Q24AED 5,072
2024 Q32AED 5,321
Two different markets

Launch vs Resale

IL Primo also has 8 ready-market resales registered with the DLD, the first on 8 January 2025 - 102 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
8
8 in the last 2 years
Resale median /sqft
AED 5,216
last 2 years
Resale vs launch
+40%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at IL Primo →

The latest launch sales

Recent Launch Registrations

Apartment · 4+ Bed
5,333 sqft · 15 August 2024
AED 30,400,000
AED 5,701 /sqft
Apartment · 4+ Bed
5,212 sqft · 15 July 2024
AED 25,750,000
AED 4,941 /sqft
Apartment · 4+ Bed
5,333 sqft · 12 June 2024
AED 28,500,000
AED 5,344 /sqft
Apartment · 4+ Bed
5,333 sqft · 3 June 2024
AED 28,000,000
AED 5,251 /sqft
Apartment · 4+ Bed
5,212 sqft · 28 May 2024
AED 25,000,000
AED 4,797 /sqft

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

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