Dubai Land Department Off-Plan Register

The Matrix 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

32 developer launch sales registered at The Matrix between Dec 2010 and Mar 2015: 100% apartments, most commonly 1-bed units, typically around 762 sqft.

Launch sales
32
DLD off-plan registrations, all time
Median launch /sqft
AED 1,640
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 749,5363,273,279
Min – max registered

Bed mix: Studio 41% · 1-bed 56% · 2-bed 3%.

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

QuarterLaunch salesMedian AED/sqft
2010 Q41AED 1,839
2011 Q112AED 1,526
2011 Q23AED 1,252
2011 Q31AED 1,486
2011 Q43AED 1,797
2012 Q11AED 1,787
2012 Q21AED 1,683
2012 Q33AED 1,884
2013 Q41AED 1,351
2014 Q11AED 950
2014 Q24AED 1,632
2015 Q11AED 1,992
Two different markets

Launch vs Resale

The Matrix also has 526 ready-market resales registered with the DLD, the first on 7 September 2015 - 57 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
526
55 in the last 2 years
Resale median /sqft
AED 942
last 2 years
Resale vs launch
-43%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at The Matrix →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
1,044 sqft · 2 March 2015
AED 2,079,362
AED 1,992 /sqft
Apartment · Studio
753 sqft · 11 June 2014
AED 910,000
AED 1,208 /sqft
Apartment · 1 Bed
990 sqft · 15 May 2014
AED 1,020,000
AED 1,030 /sqft
Apartment · 1 Bed
721 sqft · 10 April 2014
AED 1,600,000
AED 2,219 /sqft
Apartment · Studio
598 sqft · 10 April 2014
AED 1,231,070
AED 2,057 /sqft

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

Compare projects

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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