Dubai Land Department Off-Plan Register

Royale Residence 1 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

198 developer launch sales registered at Royale Residence 1 between Apr 2009 and Feb 2016: 100% apartments, most commonly studio units, typically around 502 sqft.

Launch sales
198
DLD off-plan registrations, all time
Median launch /sqft
AED 709
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 205,1702,649,600
Min – max registered

Bed mix: Studio 66% · 1-bed 24% · 2-bed 8% · 3-bed 2%.

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 Royale Residence 1, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q2125AED 693
2009 Q31AED 718
2009 Q41AED 478
2013 Q45AED 660
2014 Q13AED 660
2014 Q23AED 911
2014 Q313AED 814
2014 Q47AED 917
2015 Q18AED 800
2015 Q218AED 724
2015 Q36AED 706
2015 Q47AED 727
2016 Q11AED 308
Two different markets

Launch vs Resale

Royale Residence 1 also has 321 ready-market resales registered with the DLD, the first on 18 January 2016 - 81 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
321
64 in the last 2 years
Resale median /sqft
AED 974
last 2 years
Resale vs launch
+37%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Royale Residence 1 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
1,125 sqft · 11 February 2016
AED 346,120
AED 308 /sqft
Apartment · 1 Bed
976 sqft · 14 December 2015
AED 710,000
AED 727 /sqft
Apartment · Studio
518 sqft · 14 December 2015
AED 470,000
AED 907 /sqft
Apartment · Studio
535 sqft · 10 December 2015
AED 350,000
AED 654 /sqft
Apartment · Studio
502 sqft · 10 December 2015
AED 350,000
AED 698 /sqft

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

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