Dubai Land Department Off-Plan Register

Royal Oceanic-1 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

202 developer launch sales registered at Royal Oceanic-1 between Feb 2009 and Oct 2010: 100% apartments, most commonly 2-bed units, typically around 818 sqft.

Launch sales
202
DLD off-plan registrations, all time
Median launch /sqft
AED 1,067
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 399,0005,500,000
Min – max registered

Bed mix: Studio 34% · 1-bed 18% · 2-bed 42% · 3-bed 3% · 4+-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 Royal Oceanic-1, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q160AED 1,038
2009 Q277AED 1,150
2009 Q35AED 1,618
2009 Q413AED 1,130
2010 Q122AED 1,018
2010 Q212AED 974
2010 Q312AED 1,020
2010 Q41AED 1,021
Two different markets

Launch vs Resale

Royal Oceanic-1 also has 514 ready-market resales registered with the DLD, the first on 16 August 2010 - 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
514
40 in the last 2 years
Resale median /sqft
AED 1,612
last 2 years
Resale vs launch
+51%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Royal Oceanic-1 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,351 sqft · 25 October 2010
AED 1,380,000
AED 1,021 /sqft
Apartment · Studio
587 sqft · 13 September 2010
AED 581,513
AED 990 /sqft
Apartment · Studio
547 sqft · 8 September 2010
AED 765,800
AED 1,400 /sqft
Apartment · Studio
547 sqft · 8 September 2010
AED 765,800
AED 1,401 /sqft
Apartment · Studio
587 sqft · 30 August 2010
AED 700,000
AED 1,192 /sqft

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

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