Dubai Land Department Off-Plan Register

Park Ridge Tower C Launch Prices

Off-plan in Dubai Hills Estate · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

421 developer launch sales registered at Park Ridge Tower C between Oct 2017 and Jul 2021: 100% apartments, most commonly 1-bed units, typically around 868 sqft.

Launch sales
421
DLD off-plan registrations, all time
Median launch /sqft
AED 1,485
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 233,2223,282,888
Min – max registered

Bed mix: 1-bed 52% · 2-bed 44% · 3-bed 5%.

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 Park Ridge Tower C, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2017 Q444AED 1,490
2018 Q131AED 1,464
2018 Q211AED 1,474
2018 Q319AED 1,473
2018 Q463AED 1,485
2019 Q177AED 1,471
2019 Q231AED 1,475
2019 Q333AED 1,491
2019 Q434AED 1,547
2020 Q115AED 1,533
2020 Q25AED 1,625
2020 Q310AED 1,489
2020 Q419AED 1,591
2021 Q13AED 1,679
2021 Q225AED 1,558
2021 Q31AED 1,588
Two different markets

Launch vs Resale

Park Ridge Tower C also has 172 ready-market resales registered with the DLD, the first on 23 September 2021 - 47 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
172
77 in the last 2 years
Resale median /sqft
AED 2,408
last 2 years
Resale vs launch
+62%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Park Ridge Tower C →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
999 sqft · 1 July 2021
AED 1,585,888
AED 1,588 /sqft
Apartment · 2 Bed
990 sqft · 14 June 2021
AED 1,270,000
AED 1,283 /sqft
Apartment · 2 Bed
1,382 sqft · 11 June 2021
AED 1,566,875
AED 1,134 /sqft
Apartment · 2 Bed
1,390 sqft · 11 June 2021
AED 1,574,395
AED 1,133 /sqft
Apartment · 2 Bed
1,382 sqft · 11 June 2021
AED 1,566,875
AED 1,134 /sqft

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

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Compare this project with every other off-plan launch registered in Dubai Hills Estate, or see the community's resale market.

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