Dubai Land Department Off-Plan Register

Silverene Towers B 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

333 developer launch sales registered at Silverene Towers B between Apr 2009 and Aug 2012: 100% apartments, most commonly 1-bed units, typically around 637 sqft.

Launch sales
333
DLD off-plan registrations, all time
Median launch /sqft
AED 1,086
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 300,0002,080,000
Min – max registered

Bed mix: Studio 28% · 1-bed 59% · 2-bed 12%.

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

QuarterLaunch salesMedian AED/sqft
2009 Q2225AED 1,071
2009 Q34AED 977
2009 Q48AED 1,031
2010 Q16AED 1,059
2010 Q26AED 1,177
2010 Q35AED 1,083
2011 Q15AED 1,031
2011 Q28AED 958
2011 Q313AED 1,100
2011 Q48AED 1,054
2012 Q111AED 1,250
2012 Q221AED 1,312
2012 Q313AED 1,093
Two different markets

Launch vs Resale

Silverene Towers B also has 645 ready-market resales registered with the DLD, the first on 2 October 2012 - 42 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
645
50 in the last 2 years
Resale median /sqft
AED 2,472
last 2 years
Resale vs launch
+128%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Silverene Towers B →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
817 sqft · 15 August 2012
AED 1,285,683
AED 1,573 /sqft
Apartment · 1 Bed
609 sqft · 15 August 2012
AED 666,000
AED 1,093 /sqft
Apartment · 2 Bed
1,036 sqft · 15 August 2012
AED 1,250,000
AED 1,207 /sqft
Apartment · 2 Bed
1,087 sqft · 15 August 2012
AED 1,051,200
AED 967 /sqft
Apartment · 1 Bed
637 sqft · 15 August 2012
AED 675,000
AED 1,060 /sqft

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

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