Elite Residences 3 Launch Prices
Off-plan in Dubai Sports City · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
185 developer launch sales registered at Elite Residences 3 between Jun 2009 and Nov 2013: 100% apartments, most commonly studio units, typically around 560 sqft.
Bed mix: Studio 51% · 1-bed 34% · 2-bed 15%.
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 Residences 3, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2009 Q2 | 1 | AED 753 |
| 2009 Q3 | 157 | AED 838 |
| 2010 Q2 | 1 | AED 814 |
| 2011 Q3 | 1 | AED 1,156 |
| 2012 Q1 | 2 | AED 955 |
| 2013 Q2 | 3 | AED 928 |
| 2013 Q3 | 16 | AED 460 |
| 2013 Q4 | 4 | AED 535 |
Launch vs Resale
Elite Residences 3 also has 592 ready-market resales registered with the DLD, the first on 10 December 2013 - 54 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 Residences 3 →
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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