Dubai Land Department Off-Plan Register

Centurion Residence - Tower 1 Launch Prices

Off-plan in Dubai Investment Park Second · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

82 developer launch sales registered at Centurion Residence - Tower 1 between Jan 2016 and Sept 2017: 100% apartments, most commonly 2-bed units, typically around 1,450 sqft.

Launch sales
82
DLD off-plan registrations, all time
Median launch /sqft
AED 755
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 701,6991,332,453
Min – max registered

Bed mix: 1-bed 21% · 2-bed 67% · 3-bed 12%.

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 Centurion Residence - Tower 1, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2016 Q121AED 770
2016 Q214AED 773
2016 Q38AED 745
2016 Q47AED 741
2017 Q118AED 752
2017 Q211AED 732
2017 Q33AED 745
Two different markets

Launch vs Resale

Centurion Residence - Tower 1 also has 74 ready-market resales registered with the DLD, the first on 6 November 2017 - 22 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
74
30 in the last 2 years
Resale median /sqft
AED 587
last 2 years
Resale vs launch
-22%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Centurion Residence - Tower 1 →

The latest launch sales

Recent Launch Registrations

Apartment · 3 Bed
1,753 sqft · 28 September 2017
AED 1,306,152
AED 745 /sqft
Apartment · 1 Bed
970 sqft · 19 September 2017
AED 763,570
AED 788 /sqft
Apartment · 2 Bed
1,670 sqft · 6 September 2017
AED 1,110,491
AED 665 /sqft
Apartment · 2 Bed
1,450 sqft · 13 June 2017
AED 1,040,969
AED 718 /sqft
Apartment · 2 Bed
1,450 sqft · 13 June 2017
AED 1,087,000
AED 750 /sqft

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

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