Dubai Land Department Off-Plan Register

Elite Residences 7 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

22 developer launch sales registered at Elite Residences 7 between Jul 2009 and Jan 2014: 100% apartments, most commonly 1-bed units, typically around 500 sqft.

Launch sales
22
DLD off-plan registrations, all time
Median launch /sqft
AED 1,261
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 250,000755,000
Min – max registered

Bed mix: Studio 14% · 1-bed 59% · 2-bed 5% · 3-bed 23%.

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

QuarterLaunch salesMedian AED/sqft
2009 Q311AED 1,413
2013 Q21AED 500
2013 Q36AED 495
2013 Q41AED 1,158
2014 Q13AED 1,072
Two different markets

Launch vs Resale

Elite Residences 7 also has 223 ready-market resales registered with the DLD, the first on 26 June 2014 - 59 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
223
27 in the last 2 years
Resale median /sqft
AED 913
last 2 years
Resale vs launch
-28%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Elite Residences 7 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
500 sqft · 23 January 2014
AED 536,500
AED 1,072 /sqft
Apartment · 1 Bed
500 sqft · 23 January 2014
AED 536,500
AED 1,072 /sqft
Apartment · 1 Bed
500 sqft · 23 January 2014
AED 536,500
AED 1,072 /sqft
Apartment · 1 Bed
510 sqft · 4 November 2013
AED 591,000
AED 1,158 /sqft
Apartment · 1 Bed
1,061 sqft · 30 July 2013
AED 400,000
AED 377 /sqft

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

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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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