Dubai Land Department Off-Plan Register

Torch Tower 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

596 developer launch sales registered at Torch Tower between Feb 2009 and Sept 2011: 100% apartments, most commonly 2-bed units, typically around 1,226 sqft.

Launch sales
596
DLD off-plan registrations, all time
Median launch /sqft
AED 1,159
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 625,00010,965,292
Min – max registered

Bed mix: 1-bed 37% · 2-bed 58% · 3-bed 5%.

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

QuarterLaunch salesMedian AED/sqft
2009 Q186AED 1,038
2009 Q2314AED 1,221
2009 Q367AED 1,024
2009 Q428AED 1,429
2010 Q114AED 1,086
2010 Q243AED 894
2010 Q35AED 1,092
2010 Q47AED 972
2011 Q110AED 1,049
2011 Q211AED 904
2011 Q311AED 942
Two different markets

Launch vs Resale

Torch Tower also has 1,414 ready-market resales registered with the DLD, the first on 24 August 2011 - 30 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
1,414
135 in the last 2 years
Resale median /sqft
AED 1,430
last 2 years
Resale vs launch
+23%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Torch Tower →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,279 sqft · 7 September 2011
AED 1,733,883
AED 1,356 /sqft
Apartment · 2 Bed
1,279 sqft · 9 August 2011
AED 1,533,750
AED 1,199 /sqft
Apartment · 2 Bed
1,279 sqft · 9 August 2011
AED 1,150,919
AED 900 /sqft
Apartment · 3 Bed
1,744 sqft · 9 August 2011
AED 2,050,000
AED 1,176 /sqft
Apartment · 2 Bed
1,279 sqft · 9 August 2011
AED 1,151,100
AED 900 /sqft

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

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