Dubai Land Department Off-Plan Register

Elite Residences 2 Launch Prices

Off-plan in Dubai Sports City · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

181 developer launch sales registered at Elite Residences 2 between Jul 2009 and Oct 2012: 100% apartments, most commonly studio units, typically around 535 sqft.

Launch sales
181
DLD off-plan registrations, all time
Median launch /sqft
AED 866
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 202,9501,368,710
Min – max registered

Bed mix: Studio 66% · 1-bed 25% · 2-bed 9%.

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 Elite Residences 2, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q3142AED 891
2010 Q21AED 1,199
2011 Q318AED 410
2011 Q41AED 1,320
2012 Q111AED 410
2012 Q25AED 505
2012 Q43AED 500
Two different markets

Launch vs Resale

Elite Residences 2 also has 514 ready-market resales registered with the DLD, the first on 4 December 2012 - 41 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
514
60 in the last 2 years
Resale median /sqft
AED 903
last 2 years
Resale vs launch
+4%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Elite Residences 2 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
1,025 sqft · 24 October 2012
AED 742,148
AED 724 /sqft
Apartment · 2 Bed
1,533 sqft · 1 October 2012
AED 766,500
AED 500 /sqft
Apartment · 1 Bed
1,121 sqft · 1 October 2012
AED 560,000
AED 500 /sqft
Apartment · 1 Bed
1,121 sqft · 14 June 2012
AED 565,563
AED 505 /sqft
Apartment · 1 Bed
1,121 sqft · 13 June 2012
AED 565,563
AED 505 /sqft

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

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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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