Dubai Land Department Off-Plan Register

Opera Grand 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

263 developer launch sales registered at Opera Grand between Aug 2014 and May 2022: 100% apartments, most commonly 2-bed units, typically around 1,717 sqft.

Launch sales
263
DLD off-plan registrations, all time
Median launch /sqft
AED 3,521
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 2,117,88815,014,292
Min – max registered

Bed mix: 1-bed 10% · 2-bed 50% · 3-bed 30% · 4+-bed 10%.

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 Opera Grand, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2014 Q35AED 3,945
2014 Q4135AED 3,856
2015 Q118AED 4,062
2015 Q215AED 4,085
2015 Q33AED 4,017
2015 Q41AED 4,103
2016 Q12AED 3,880
2016 Q25AED 4,108
2016 Q32AED 2,938
2017 Q17AED 2,122
2017 Q22AED 2,790
2017 Q32AED 4,224
2017 Q42AED 3,116
2018 Q12AED 2,458
2018 Q24AED 2,931
2018 Q44AED 2,912
2019 Q14AED 2,918
2019 Q23AED 2,754
2019 Q34AED 2,871
2019 Q49AED 3,003
2020 Q19AED 2,912
2020 Q22AED 4,097
2020 Q33AED 4,184
2020 Q44AED 3,470
2021 Q11AED 2,944
2021 Q35AED 3,094
2021 Q48AED 3,992
2022 Q22AED 2,925
Two different markets

Launch vs Resale

Opera Grand also has 90 ready-market resales registered with the DLD, the first on 9 May 2022 - 93 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
90
49 in the last 2 years
Resale median /sqft
AED 2,912
last 2 years
Resale vs launch
-17%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Opera Grand →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,717 sqft · 23 May 2022
AED 4,000,000
AED 2,330 /sqft
Apartment · 3 Bed
2,045 sqft · 29 April 2022
AED 7,200,000
AED 3,521 /sqft
Apartment · 2 Bed
1,647 sqft · 29 November 2021
AED 6,341,566
AED 3,851 /sqft
Apartment · 2 Bed
1,676 sqft · 29 November 2021
AED 4,500,000
AED 2,685 /sqft
Apartment · 4+ Bed
3,569 sqft · 23 November 2021
AED 15,014,292
AED 4,207 /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 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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