Dubai Land Department Off-Plan Register

Centrium Tower 2 Launch Prices

Off-plan in Dubai Production City (IMPZ) · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

67 developer launch sales registered at Centrium Tower 2 between Sept 2009 and Dec 2014: 100% apartments, most commonly 2-bed units, typically around 1,004 sqft.

Launch sales
67
DLD off-plan registrations, all time
Median launch /sqft
AED 847
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 450,0001,821,022
Min – max registered

Bed mix: 1-bed 43% · 2-bed 45% · 3-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 Centrium Tower 2, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q347AED 872
2009 Q411AED 853
2010 Q12AED 863
2011 Q41AED 685
2012 Q11AED 760
2013 Q42AED 617
2014 Q32AED 694
2014 Q41AED 600
Two different markets

Launch vs Resale

Centrium Tower 2 also has 104 ready-market resales registered with the DLD, the first on 17 February 2015 - 65 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
104
24 in the last 2 years
Resale median /sqft
AED 811
last 2 years
Resale vs launch
-4%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Centrium Tower 2 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
750 sqft · 17 December 2014
AED 450,024
AED 600 /sqft
Apartment · 2 Bed
1,004 sqft · 1 September 2014
AED 840,000
AED 837 /sqft
Apartment · 2 Bed
1,004 sqft · 18 August 2014
AED 551,942
AED 550 /sqft
Apartment · 1 Bed
715 sqft · 17 December 2013
AED 450,000
AED 629 /sqft
Apartment · 2 Bed
1,004 sqft · 14 October 2013
AED 607,029
AED 605 /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 Production City (IMPZ)

Compare this project with every other off-plan launch registered in Dubai Production City (IMPZ), or see the community's resale market.

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