Dubai Land Department Off-Plan Register

West Avenue 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

312 developer launch sales registered at West Avenue between Jan 2013 and Nov 2014: 100% apartments, most commonly 1-bed units, typically around 751 sqft.

Launch sales
312
DLD off-plan registrations, all time
Median launch /sqft
AED 1,502
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 657,7448,725,000
Min – max registered

Bed mix: Studio 7% · 1-bed 57% · 2-bed 34% · 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 West Avenue, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2013 Q161AED 1,401
2013 Q2140AED 1,498
2013 Q352AED 1,553
2013 Q421AED 1,611
2014 Q16AED 1,968
2014 Q29AED 2,069
2014 Q313AED 2,209
2014 Q410AED 2,182
Two different markets

Launch vs Resale

West Avenue also has 483 ready-market resales registered with the DLD, the first on 13 November 2014 - 22 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
483
42 in the last 2 years
Resale median /sqft
AED 1,939
last 2 years
Resale vs launch
+29%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at West Avenue →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
749 sqft · 3 November 2014
AED 1,150,000
AED 1,535 /sqft
Apartment · 1 Bed
751 sqft · 30 October 2014
AED 1,790,972
AED 2,386 /sqft
Apartment · 2 Bed
1,386 sqft · 23 October 2014
AED 3,100,000
AED 2,237 /sqft
Apartment · 2 Bed
1,386 sqft · 21 October 2014
AED 2,829,000
AED 2,041 /sqft
Apartment · 1 Bed
742 sqft · 20 October 2014
AED 1,840,000
AED 2,478 /sqft

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

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Off-plan in Dubai Marina

Compare this project with every other off-plan launch registered in Dubai Marina, or see the community's resale market.

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