Dubai Land Department Off-Plan Register

Royale Residence 2 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

153 developer launch sales registered at Royale Residence 2 between Jan 2009 and Jun 2016: 100% apartments, most commonly studio units, typically around 537 sqft.

Launch sales
153
DLD off-plan registrations, all time
Median launch /sqft
AED 1,058
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 300,0001,300,000
Min – max registered

Bed mix: Studio 65% · 1-bed 28% · 2-bed 7%.

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

QuarterLaunch salesMedian AED/sqft
2009 Q185AED 1,121
2009 Q25AED 1,059
2013 Q45AED 790
2014 Q11AED 907
2014 Q22AED 790
2014 Q32AED 863
2015 Q18AED 946
2015 Q220AED 749
2016 Q18AED 718
2016 Q217AED 773
Two different markets

Launch vs Resale

Royale Residence 2 also has 222 ready-market resales registered with the DLD, the first on 8 February 2016 - 85 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
222
29 in the last 2 years
Resale median /sqft
AED 838
last 2 years
Resale vs launch
-21%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Royale Residence 2 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,346 sqft · 16 June 2016
AED 970,000
AED 721 /sqft
Apartment · Studio
537 sqft · 2 June 2016
AED 450,000
AED 838 /sqft
Apartment · 1 Bed
931 sqft · 30 May 2016
AED 630,000
AED 677 /sqft
Apartment · Studio
537 sqft · 16 May 2016
AED 450,000
AED 838 /sqft
Apartment · 1 Bed
830 sqft · 11 May 2016
AED 680,000
AED 819 /sqft

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

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