Elite Residence 1 Launch Prices
Off-plan in Dubai Sports City · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
196 developer launch sales registered at Elite Residence 1 between Jul 2009 and Sept 2011: 100% apartments, most commonly studio units, typically around 597 sqft.
Bed mix: Studio 51% · 1-bed 40% · 2-bed 10%.
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 by Quarter
Median registered launch price per square foot at Elite Residence 1, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2009 Q3 | 183 | AED 640 |
| 2010 Q1 | 1 | AED 1,003 |
| 2010 Q2 | 1 | AED 1,118 |
| 2010 Q3 | 6 | AED 651 |
| 2011 Q3 | 5 | AED 749 |
Launch vs Resale
Elite Residence 1 also has 469 ready-market resales registered with the DLD, the first on 2 January 2012 - 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.
Resale prices and recent transactions at Elite Residence 1 →
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
Other Off-Plan Projects in Dubai Sports City
Off-plan in Dubai Sports City
Compare this project with every other off-plan launch registered in Dubai Sports City, or see the community's resale market.
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