Dubai Land Department Off-Plan Register

Montrose Residence B Launch Prices

Off-plan in Dubai Science Park · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

129 developer launch sales registered at Montrose Residence B between Oct 2014 and Jun 2018: 100% apartments, most commonly 2-bed units, typically around 1,131 sqft.

Launch sales
129
DLD off-plan registrations, all time
Median launch /sqft
AED 1,185
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 793,0002,202,885
Min – max registered

Bed mix: 1-bed 48% · 2-bed 50% · 3-bed 2%.

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 Montrose Residence B, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2014 Q460AED 1,200
2015 Q117AED 1,196
2015 Q39AED 1,185
2015 Q43AED 1,181
2016 Q42AED 1,129
2017 Q120AED 1,170
2017 Q23AED 1,148
2017 Q311AED 1,211
2017 Q43AED 1,193
2018 Q21AED 1,079
Two different markets

Launch vs Resale

Montrose Residence B also has 73 ready-market resales registered with the DLD, the first on 6 August 2018 - 46 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
73
20 in the last 2 years
Resale median /sqft
AED 1,166
last 2 years
Resale vs launch
-2%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Montrose Residence B →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,131 sqft · 19 June 2018
AED 1,220,565
AED 1,079 /sqft
Apartment · 2 Bed
1,141 sqft · 29 November 2017
AED 1,276,972
AED 1,120 /sqft
Apartment · 2 Bed
1,141 sqft · 29 November 2017
AED 1,360,810
AED 1,193 /sqft
Apartment · 2 Bed
1,141 sqft · 31 October 2017
AED 1,384,764
AED 1,214 /sqft
Apartment · 1 Bed
760 sqft · 19 September 2017
AED 872,191
AED 1,148 /sqft

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

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