Dubai Land Department Off-Plan Register

The Distinction 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

133 developer launch sales registered at The Distinction between Dec 2012 and Nov 2016: 100% apartments, most commonly 2-bed units, typically around 1,240 sqft.

Launch sales
133
DLD off-plan registrations, all time
Median launch /sqft
AED 2,554
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,041,3006,964,950
Min – max registered

Bed mix: Studio 7% · 1-bed 34% · 2-bed 43% · 3-bed 17%.

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 The Distinction, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2012 Q421AED 2,163
2013 Q124AED 2,312
2013 Q24AED 2,550
2013 Q32AED 2,576
2013 Q42AED 2,910
2014 Q121AED 2,582
2014 Q211AED 3,175
2014 Q35AED 2,686
2014 Q49AED 2,773
2015 Q119AED 2,898
2015 Q21AED 1,673
2015 Q32AED 2,239
2015 Q46AED 3,004
2016 Q13AED 2,608
2016 Q21AED 2,135
2016 Q42AED 2,569
Two different markets

Launch vs Resale

The Distinction also has 77 ready-market resales registered with the DLD, the first on 22 May 2017 - 53 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
77
25 in the last 2 years
Resale median /sqft
AED 1,667
last 2 years
Resale vs launch
-35%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at The Distinction →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,630 sqft · 2 November 2016
AED 2,000,000
AED 1,227 /sqft
Apartment · 3 Bed
1,011 sqft · 13 October 2016
AED 3,952,780
AED 3,910 /sqft
Apartment · 1 Bed
922 sqft · 24 May 2016
AED 1,967,700
AED 2,135 /sqft
Apartment · 2 Bed
1,392 sqft · 8 February 2016
AED 3,510,000
AED 2,521 /sqft
Apartment · 1 Bed
959 sqft · 28 January 2016
AED 2,500,020
AED 2,608 /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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