Dubai Land Department Off-Plan Register

Park Island Blakely 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

151 developer launch sales registered at Park Island Blakely between Jul 2009 and Aug 2010: 100% apartments, most commonly 1-bed units, typically around 1,052 sqft.

Launch sales
151
DLD off-plan registrations, all time
Median launch /sqft
AED 991
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 647,8883,164,888
Min – max registered

Bed mix: 1-bed 66% · 2-bed 34% · 3-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 Park Island Blakely, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q35AED 948
2009 Q413AED 962
2010 Q1125AED 993
2010 Q22AED 848
2010 Q36AED 1,204
Two different markets

Launch vs Resale

Park Island Blakely also has 335 ready-market resales registered with the DLD, the first on 21 December 2010 - 17 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
335
23 in the last 2 years
Resale median /sqft
AED 1,815
last 2 years
Resale vs launch
+83%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Park Island Blakely →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,361 sqft · 23 August 2010
AED 1,870,888
AED 1,375 /sqft
Apartment · 2 Bed
1,361 sqft · 23 August 2010
AED 1,870,888
AED 1,375 /sqft
Apartment · 1 Bed
922 sqft · 8 July 2010
AED 1,110,000
AED 1,204 /sqft
Apartment · 1 Bed
922 sqft · 8 July 2010
AED 1,110,000
AED 1,204 /sqft
Apartment · 2 Bed
1,463 sqft · 1 July 2010
AED 1,500,000
AED 1,025 /sqft

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

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