Dubai Land Department Off-Plan Register

Centrium Tower 4 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

86 developer launch sales registered at Centrium Tower 4 between Sept 2009 and Dec 2014: 100% apartments, most commonly 2-bed units, typically around 1,004 sqft.

Launch sales
86
DLD off-plan registrations, all time
Median launch /sqft
AED 884
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 412,5221,524,671
Min – max registered

Bed mix: 1-bed 29% · 2-bed 52% · 3-bed 19%.

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

QuarterLaunch salesMedian AED/sqft
2009 Q344AED 920
2009 Q46AED 888
2010 Q21AED 933
2012 Q11AED 862
2012 Q41AED 1,104
2013 Q35AED 573
2013 Q42AED 429
2014 Q12AED 599
2014 Q25AED 550
2014 Q311AED 860
2014 Q48AED 854
Two different markets

Launch vs Resale

Centrium Tower 4 also has 123 ready-market resales registered with the DLD, the first on 5 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
123
37 in the last 2 years
Resale median /sqft
AED 830
last 2 years
Resale vs launch
-6%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Centrium Tower 4 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
750 sqft · 22 December 2014
AED 682,000
AED 909 /sqft
Apartment · 1 Bed
750 sqft · 10 December 2014
AED 673,200
AED 898 /sqft
Apartment · 2 Bed
1,004 sqft · 25 November 2014
AED 900,000
AED 897 /sqft
Apartment · 1 Bed
750 sqft · 27 October 2014
AED 641,403
AED 855 /sqft
Apartment · 3 Bed
1,475 sqft · 27 October 2014
AED 1,062,473
AED 720 /sqft

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

Compare projects

Other Off-Plan Projects in Dubai Production City (IMPZ)

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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