Elite Residence Launch Prices
Off-plan in Dubai Marina · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
619 developer launch sales registered at Elite Residence between May 2009 and Jun 2012: 100% apartments, most commonly 1-bed units, typically around 961 sqft.
Bed mix: 1-bed 61% · 2-bed 31% · 3-bed 3% · 4+-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 by Quarter
Median registered launch price per square foot at Elite Residence, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2009 Q2 | 1 | AED 3,000 |
| 2009 Q3 | 432 | AED 1,695 |
| 2009 Q4 | 44 | AED 592 |
| 2010 Q1 | 32 | AED 1,675 |
| 2010 Q2 | 10 | AED 1,912 |
| 2010 Q3 | 1 | AED 2,251 |
| 2011 Q1 | 1 | AED 900 |
| 2011 Q2 | 1 | AED 2,668 |
| 2011 Q3 | 1 | AED 625 |
| 2011 Q4 | 1 | AED 986 |
| 2012 Q1 | 27 | AED 1,203 |
| 2012 Q2 | 68 | AED 1,092 |
Launch vs Resale
Elite Residence also has 1,487 ready-market resales registered with the DLD, the first on 16 August 2012 - 39 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.
Recent Launch Registrations
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 Marina, or see the community's resale market.
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