Dubai Land Department Off-Plan Register

The Residences at Marina Gate 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

384 developer launch sales registered at The Residences at Marina Gate 1 between Aug 2014 and Jul 2018: 100% apartments, most commonly 1-bed units, typically around 1,325 sqft.

Launch sales
384
DLD off-plan registrations, all time
Median launch /sqft
AED 1,986
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 670,00010,619,875
Min – max registered

Bed mix: Studio 3% · 1-bed 41% · 2-bed 33% · 3-bed 20% · 4+-bed 4%.

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 Residences at Marina Gate 1, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2014 Q3207AED 2,017
2014 Q438AED 2,060
2015 Q129AED 1,967
2015 Q24AED 2,103
2015 Q411AED 1,986
2016 Q14AED 1,961
2016 Q24AED 1,962
2016 Q36AED 1,832
2016 Q44AED 1,829
2017 Q18AED 1,704
2017 Q26AED 1,754
2017 Q39AED 1,822
2017 Q412AED 1,870
2018 Q123AED 2,034
2018 Q214AED 1,788
2018 Q35AED 1,808
Two different markets

Launch vs Resale

The Residences at Marina Gate 1 also has 279 ready-market resales registered with the DLD, the first on 3 July 2018 - 47 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
279
46 in the last 2 years
Resale median /sqft
AED 2,789
last 2 years
Resale vs launch
+40%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at The Residences at Marina Gate 1 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,381 sqft · 4 July 2018
AED 2,411,000
AED 1,746 /sqft
Apartment · 2 Bed
1,388 sqft · 4 July 2018
AED 2,477,000
AED 1,785 /sqft
Apartment · 4+ Bed
3,302 sqft · 2 July 2018
AED 7,250,000
AED 2,196 /sqft
Apartment · 2 Bed
1,396 sqft · 2 July 2018
AED 2,529,000
AED 1,812 /sqft
Apartment · 2 Bed
1,396 sqft · 2 July 2018
AED 2,524,000
AED 1,808 /sqft

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

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