Dubai Land Department Off-Plan Register

Princess Tower 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

723 developer launch sales registered at Princess Tower between Dec 2009 and May 2012: 100% apartments, most commonly 2-bed units, typically around 1,198 sqft.

Launch sales
723
DLD off-plan registrations, all time
Median launch /sqft
AED 1,150
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 482,39614,175,000
Min – max registered

Bed mix: 1-bed 38% · 2-bed 39% · 3-bed 18% · 4+-bed 5%.

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

QuarterLaunch salesMedian AED/sqft
2009 Q4390AED 1,124
2010 Q1273AED 1,194
2010 Q27AED 1,150
2010 Q32AED 923
2010 Q41AED 534
2011 Q110AED 833
2011 Q212AED 932
2011 Q32AED 1,078
2011 Q43AED 964
2012 Q111AED 1,094
2012 Q212AED 1,065
Two different markets

Launch vs Resale

Princess Tower also has 1,603 ready-market resales registered with the DLD, the first on 14 June 2012 - 30 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
1,603
129 in the last 2 years
Resale median /sqft
AED 1,597
last 2 years
Resale vs launch
+39%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Princess Tower →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
903 sqft · 28 May 2012
AED 876,180
AED 970 /sqft
Apartment · 1 Bed
903 sqft · 28 May 2012
AED 894,180
AED 990 /sqft
Apartment · 1 Bed
903 sqft · 28 May 2012
AED 873,180
AED 967 /sqft
Apartment · 1 Bed
903 sqft · 28 May 2012
AED 1,020,180
AED 1,130 /sqft
Apartment · 2 Bed
1,198 sqft · 28 May 2012
AED 1,508,452
AED 1,259 /sqft

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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