Dubai Land Department Off-Plan Register

Bay Central 1 Launch Prices

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

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At a glance

Launch Summary

388 developer launch sales registered at Bay Central 1 between Mar 2009 and Mar 2013: 100% apartments, most commonly 1-bed units, typically around 828 sqft.

Launch sales
388
DLD off-plan registrations, all time
Median launch /sqft
AED 1,415
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 600,0008,724,718
Min – max registered

Bed mix: 1-bed 80% · 2-bed 12% · 3-bed 6%.

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 Bay Central 1, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q12AED 1,660
2009 Q2216AED 1,609
2009 Q33AED 1,436
2009 Q431AED 1,783
2010 Q115AED 1,424
2010 Q28AED 1,783
2010 Q34AED 1,200
2010 Q412AED 1,200
2011 Q12AED 2,007
2011 Q23AED 1,345
2011 Q31AED 1,566
2011 Q43AED 1,390
2012 Q15AED 1,356
2012 Q212AED 1,100
2012 Q351AED 1,100
2012 Q44AED 1,331
2013 Q116AED 1,416
Two different markets

Launch vs Resale

Bay Central 1 also has 699 ready-market resales registered with the DLD, the first on 22 October 2012 - 43 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
699
55 in the last 2 years
Resale median /sqft
AED 2,356
last 2 years
Resale vs launch
+67%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Bay Central 1 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
696 sqft · 18 March 2013
AED 986,713
AED 1,417 /sqft
Apartment · 1 Bed
696 sqft · 18 March 2013
AED 1,074,997
AED 1,544 /sqft
Apartment · 1 Bed
696 sqft · 12 March 2013
AED 1,074,150
AED 1,543 /sqft
Apartment · 1 Bed
696 sqft · 12 March 2013
AED 1,074,997
AED 1,544 /sqft
Apartment · 1 Bed
935 sqft · 20 February 2013
AED 1,350,000
AED 1,444 /sqft

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

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