Dubai Land Department Off-Plan Register

Elite Residences 6 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

199 developer launch sales registered at Elite Residences 6 between Jun 2009 and Sept 2013: 100% apartments, most commonly studio units, typically around 536 sqft.

Launch sales
199
DLD off-plan registrations, all time
Median launch /sqft
AED 1,126
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 250,0002,005,170
Min – max registered

Bed mix: Studio 65% · 1-bed 34% · 2-bed 1%.

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 6, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q21AED 1,344
2009 Q3110AED 1,290
2009 Q41AED 1,359
2010 Q22AED 1,363
2011 Q31AED 1,007
2011 Q45AED 761
2012 Q18AED 1,094
2013 Q241AED 615
2013 Q330AED 624
Two different markets

Launch vs Resale

Elite Residences 6 also has 672 ready-market resales registered with the DLD, the first on 29 August 2013 - 50 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
672
72 in the last 2 years
Resale median /sqft
AED 939
last 2 years
Resale vs launch
-17%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Elite Residences 6 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
976 sqft · 19 September 2013
AED 600,000
AED 615 /sqft
Apartment · Studio
525 sqft · 9 September 2013
AED 425,000
AED 809 /sqft
Apartment · 1 Bed
976 sqft · 9 September 2013
AED 645,000
AED 661 /sqft
Apartment · Studio
525 sqft · 3 September 2013
AED 375,000
AED 714 /sqft
Apartment · Studio
485 sqft · 1 August 2013
AED 250,000
AED 515 /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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