Dubai Land Department Off-Plan Register

Park Island Sanibel 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

161 developer launch sales registered at Park Island Sanibel between Jul 2009 and Dec 2010: 100% apartments, most commonly 1-bed units, typically around 938 sqft.

Launch sales
161
DLD off-plan registrations, all time
Median launch /sqft
AED 1,031
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 642,8882,075,888
Min – max registered

Bed mix: 1-bed 68% · 2-bed 32%.

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

QuarterLaunch salesMedian AED/sqft
2009 Q33AED 978
2009 Q412AED 1,034
2010 Q1129AED 1,030
2010 Q29AED 1,085
2010 Q32AED 1,171
2010 Q46AED 1,012
Two different markets

Launch vs Resale

Park Island Sanibel also has 339 ready-market resales registered with the DLD, the first on 12 January 2011 - 18 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
339
30 in the last 2 years
Resale median /sqft
AED 2,068
last 2 years
Resale vs launch
+101%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Park Island Sanibel →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,361 sqft · 21 December 2010
AED 1,350,000
AED 992 /sqft
Apartment · 1 Bed
1,052 sqft · 20 December 2010
AED 876,888
AED 834 /sqft
Apartment · 2 Bed
1,361 sqft · 20 December 2010
AED 1,350,000
AED 992 /sqft
Apartment · 1 Bed
726 sqft · 13 December 2010
AED 750,000
AED 1,033 /sqft
Apartment · 1 Bed
726 sqft · 13 December 2010
AED 850,000
AED 1,171 /sqft

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

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