Dubai Land Department Off-Plan Register

Oceanic 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

79 developer launch sales registered at Oceanic between Aug 2004 and Dec 2011: 100% apartments, most commonly 2-bed units, typically around 1,972 sqft.

Launch sales
79
DLD off-plan registrations, all time
Median launch /sqft
AED 781
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,022,5307,000,000
Min – max registered

Bed mix: 2-bed 58% · 3-bed 38% · 4+-bed 4%.

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 Oceanic, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2004 Q31AED 710
2009 Q112AED 891
2009 Q222AED 908
2009 Q35AED 817
2009 Q45AED 619
2010 Q11AED 766
2010 Q21AED 809
2010 Q35AED 1,205
2010 Q42AED 738
2011 Q15AED 751
2011 Q25AED 800
2011 Q310AED 742
2011 Q45AED 727
Two different markets

Launch vs Resale

Oceanic also has 257 ready-market resales registered with the DLD, the first on 27 April 2009 - 56 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
257
19 in the last 2 years
Resale median /sqft
AED 1,557
last 2 years
Resale vs launch
+99%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Oceanic →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,874 sqft · 12 December 2011
AED 1,465,000
AED 782 /sqft
Apartment · 2 Bed
1,874 sqft · 10 November 2011
AED 1,022,530
AED 546 /sqft
Apartment · 2 Bed
1,862 sqft · 27 October 2011
AED 1,367,000
AED 734 /sqft
Apartment · 2 Bed
1,862 sqft · 27 October 2011
AED 1,354,000
AED 727 /sqft
Apartment · 3 Bed
2,273 sqft · 13 October 2011
AED 1,500,000
AED 660 /sqft

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

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Off-plan in Dubai Marina

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

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