Dubai Land Department Off-Plan Register

The Residence at Marina Gate 2 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

469 developer launch sales registered at The Residence at Marina Gate 2 between Jan 2015 and Nov 2019: 100% apartments, most commonly 1-bed units, typically around 1,211 sqft.

Launch sales
469
DLD off-plan registrations, all time
Median launch /sqft
AED 2,139
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,070,00012,478,000
Min – max registered

Bed mix: 1-bed 48% · 2-bed 32% · 3-bed 19% · 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 The Residence at Marina Gate 2, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2015 Q1128AED 2,285
2015 Q281AED 2,200
2015 Q34AED 2,121
2015 Q456AED 2,149
2016 Q122AED 2,147
2016 Q220AED 2,029
2016 Q315AED 2,144
2016 Q410AED 2,128
2017 Q16AED 2,126
2017 Q24AED 2,103
2017 Q315AED 2,088
2017 Q418AED 2,032
2018 Q121AED 2,034
2018 Q212AED 1,992
2018 Q311AED 2,000
2018 Q49AED 2,028
2019 Q116AED 1,960
2019 Q218AED 2,027
2019 Q32AED 2,280
2019 Q41AED 2,020
Two different markets

Launch vs Resale

The Residence at Marina Gate 2 also has 382 ready-market resales registered with the DLD, the first on 24 July 2019 - 54 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
382
86 in the last 2 years
Resale median /sqft
AED 3,098
last 2 years
Resale vs launch
+45%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at The Residence at Marina Gate 2 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
762 sqft · 5 November 2019
AED 1,540,000
AED 2,020 /sqft
Apartment · 2 Bed
1,231 sqft · 19 August 2019
AED 2,578,000
AED 2,094 /sqft
Apartment · 1 Bed
770 sqft · 22 July 2019
AED 1,900,000
AED 2,466 /sqft
Apartment · 1 Bed
762 sqft · 20 June 2019
AED 1,505,000
AED 1,976 /sqft
Apartment · 3 Bed
2,263 sqft · 20 June 2019
AED 4,700,000
AED 2,077 /sqft

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

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