Dubai Land Department Off-Plan Register

Damac Heights 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

550 developer launch sales registered at Damac Heights between Jun 2009 and Dec 2019: 100% apartments, most commonly 1-bed units, typically around 1,239 sqft.

Launch sales
550
DLD off-plan registrations, all time
Median launch /sqft
AED 2,203
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,055,60015,000,000
Min – max registered

Bed mix: 1-bed 52% · 2-bed 37% · 3-bed 10% · 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 Damac Heights, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q217AED 2,982
2009 Q316AED 2,088
2010 Q33AED 2,239
2011 Q32AED 1,377
2011 Q42AED 1,590
2012 Q17AED 1,430
2012 Q26AED 1,270
2012 Q35AED 1,346
2012 Q43AED 1,313
2013 Q18AED 2,585
2013 Q213AED 2,450
2013 Q35AED 2,239
2013 Q415AED 2,385
2014 Q111AED 2,425
2014 Q255AED 2,359
2014 Q321AED 2,451
2014 Q415AED 2,379
2015 Q117AED 2,437
2015 Q240AED 2,485
2015 Q38AED 2,281
2015 Q419AED 2,227
2016 Q123AED 2,155
2016 Q229AED 2,140
2016 Q321AED 2,183
2016 Q418AED 1,981
2017 Q128AED 2,200
2017 Q252AED 1,851
2017 Q319AED 2,000
2017 Q431AED 2,085
2018 Q115AED 2,140
2018 Q218AED 2,170
2018 Q33AED 2,215
2018 Q42AED 2,168
2019 Q11AED 2,300
2019 Q42AED 2,028
Two different markets

Launch vs Resale

Damac Heights also has 360 ready-market resales registered with the DLD, the first on 30 May 2018 - 107 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
360
111 in the last 2 years
Resale median /sqft
AED 1,992
last 2 years
Resale vs launch
-10%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Damac Heights →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,597 sqft · 10 December 2019
AED 3,043,000
AED 1,905 /sqft
Apartment · 1 Bed
955 sqft · 18 November 2019
AED 2,054,000
AED 2,151 /sqft
Apartment · 2 Bed
1,386 sqft · 14 January 2019
AED 3,188,000
AED 2,300 /sqft
Apartment · 2 Bed
2,917 sqft · 22 October 2018
AED 6,586,470
AED 2,258 /sqft
Apartment · 2 Bed
1,707 sqft · 9 October 2018
AED 3,547,000
AED 2,078 /sqft

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

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