Dubai Land Department Off-Plan Register

Silverene Towers A 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

309 developer launch sales registered at Silverene Towers A between Apr 2009 and Aug 2012: 100% apartments, most commonly 2-bed units, typically around 1,087 sqft.

Launch sales
309
DLD off-plan registrations, all time
Median launch /sqft
AED 1,177
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 570,0007,469,000
Min – max registered

Bed mix: 1-bed 40% · 2-bed 42% · 3-bed 17% · 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 Silverene Towers A, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q2175AED 1,177
2009 Q34AED 834
2009 Q414AED 1,104
2010 Q19AED 1,200
2010 Q221AED 1,179
2010 Q31AED 1,220
2011 Q14AED 1,009
2011 Q213AED 1,078
2011 Q313AED 1,150
2011 Q411AED 1,063
2012 Q121AED 1,266
2012 Q211AED 1,245
2012 Q312AED 1,251
Two different markets

Launch vs Resale

Silverene Towers A also has 550 ready-market resales registered with the DLD, the first on 19 September 2012 - 41 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
550
42 in the last 2 years
Resale median /sqft
AED 2,398
last 2 years
Resale vs launch
+104%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Silverene Towers A →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
637 sqft · 15 August 2012
AED 775,000
AED 1,217 /sqft
Apartment · 3 Bed
1,979 sqft · 15 August 2012
AED 2,820,000
AED 1,425 /sqft
Apartment · 1 Bed
609 sqft · 14 August 2012
AED 800,000
AED 1,313 /sqft
Apartment · 2 Bed
1,568 sqft · 14 August 2012
AED 1,656,000
AED 1,056 /sqft
Apartment · 1 Bed
722 sqft · 14 August 2012
AED 962,493
AED 1,333 /sqft

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

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