Dubai Land Department Off-Plan Register

17 Icon Bay Launch Prices

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

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At a glance

Launch Summary

330 developer launch sales registered at 17 Icon Bay between Oct 2017 and Aug 2023: 100% apartments, most commonly 2-bed units, typically around 1,088 sqft.

Launch sales
330
DLD off-plan registrations, all time
Median launch /sqft
AED 1,523
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 943,0007,525,888
Min – max registered

Bed mix: 1-bed 31% · 2-bed 51% · 3-bed 18% · 4+-bed 1%.

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 17 Icon Bay, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2017 Q480AED 1,466
2018 Q138AED 1,483
2018 Q29AED 1,376
2018 Q37AED 1,548
2018 Q422AED 1,410
2019 Q124AED 1,472
2019 Q214AED 1,427
2019 Q310AED 1,416
2019 Q412AED 1,609
2020 Q15AED 1,888
2020 Q21AED 1,542
2020 Q37AED 1,582
2020 Q44AED 1,600
2021 Q27AED 1,529
2021 Q39AED 1,920
2021 Q432AED 1,935
2022 Q122AED 1,731
2022 Q217AED 1,706
2022 Q39AED 1,533
2023 Q31AED 1,870
Two different markets

Launch vs Resale

17 Icon Bay also has 111 ready-market resales registered with the DLD, the first on 12 October 2022 - 60 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
111
46 in the last 2 years
Resale median /sqft
AED 2,194
last 2 years
Resale vs launch
+44%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at 17 Icon Bay →

The latest launch sales

Recent Launch Registrations

Apartment · 4+ Bed
4,025 sqft · 28 August 2023
AED 7,525,888
AED 1,870 /sqft
Apartment · 2 Bed
1,136 sqft · 13 September 2022
AED 1,583,888
AED 1,394 /sqft
Apartment · 2 Bed
1,074 sqft · 5 September 2022
AED 1,320,000
AED 1,229 /sqft
Apartment · 2 Bed
1,074 sqft · 1 September 2022
AED 2,050,000
AED 1,908 /sqft
Apartment · 2 Bed
1,128 sqft · 23 August 2022
AED 1,620,000
AED 1,437 /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 Dubai Creek Harbour

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