Dubai Land Department Off-Plan Register

Palace Residences 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

722 developer launch sales registered at Palace Residences between Apr 2019 and Aug 2023: 100% apartments, most commonly 2-bed units, typically around 1,100 sqft.

Launch sales
722
DLD off-plan registrations, all time
Median launch /sqft
AED 1,657
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 900,0005,300,000
Min – max registered

Bed mix: 1-bed 38% · 2-bed 48% · 3-bed 13% · 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 Palace Residences, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2019 Q2139AED 1,498
2019 Q362AED 1,560
2019 Q424AED 1,545
2020 Q16AED 1,357
2020 Q21AED 1,336
2020 Q367AED 1,600
2020 Q441AED 1,598
2021 Q14AED 1,493
2021 Q22AED 1,102
2021 Q314AED 1,624
2021 Q459AED 1,668
2022 Q168AED 1,791
2022 Q237AED 1,667
2022 Q318AED 1,774
2022 Q451AED 1,735
2023 Q169AED 1,840
2023 Q249AED 1,902
2023 Q311AED 2,089
Two different markets

Launch vs Resale

Palace Residences also has 63 ready-market resales registered with the DLD, the first on 15 November 2023 - 55 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
63
44 in the last 2 years
Resale median /sqft
AED 2,778
last 2 years
Resale vs launch
+68%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Palace Residences →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
700 sqft · 16 August 2023
AED 1,940,888
AED 2,774 /sqft
Apartment · 3 Bed
1,811 sqft · 8 August 2023
AED 3,600,000
AED 1,988 /sqft
Apartment · 2 Bed
1,100 sqft · 7 August 2023
AED 2,050,000
AED 1,864 /sqft
Apartment · 4+ Bed
2,357 sqft · 1 August 2023
AED 5,300,000
AED 2,248 /sqft
Apartment · 2 Bed
1,102 sqft · 28 July 2023
AED 2,400,000
AED 2,177 /sqft

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

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