Dubai Land Department Off-Plan Register

Elite Residences 4 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

112 developer launch sales registered at Elite Residences 4 between Jul 2009 and Oct 2012: 100% apartments, most commonly studio units, typically around 556 sqft.

Launch sales
112
DLD off-plan registrations, all time
Median launch /sqft
AED 999
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 513,1031,351,800
Min – max registered

Bed mix: Studio 59% · 1-bed 31% · 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 history

Launch Price by Quarter

Median registered launch price per square foot at Elite Residences 4, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q3103AED 1,008
2009 Q42AED 922
2010 Q23AED 974
2012 Q13AED 901
2012 Q41AED 661
Two different markets

Launch vs Resale

Elite Residences 4 also has 448 ready-market resales registered with the DLD, the first on 20 May 2013 - 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
448
31 in the last 2 years
Resale median /sqft
AED 925
last 2 years
Resale vs launch
-7%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Elite Residences 4 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
1,060 sqft · 2 October 2012
AED 701,000
AED 661 /sqft
Apartment · 1 Bed
1,060 sqft · 22 February 2012
AED 955,840
AED 901 /sqft
Apartment · 1 Bed
1,060 sqft · 20 February 2012
AED 852,020
AED 803 /sqft
Apartment · Studio
556 sqft · 20 February 2012
AED 566,100
AED 1,019 /sqft
Apartment · Studio
556 sqft · 31 May 2010
AED 541,125
AED 974 /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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