Dubai Land Department Off-Plan Register

Glitz Residence 1 Launch Prices

Off-plan in Dubai Studio City · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

152 developer launch sales registered at Glitz Residence 1 between Feb 2015 and Nov 2017: 100% apartments, most commonly 1-bed units, typically around 739 sqft.

Launch sales
152
DLD off-plan registrations, all time
Median launch /sqft
AED 1,026
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 468,8371,500,050
Min – max registered

Bed mix: Studio 24% · 1-bed 45% · 2-bed 22% · 3-bed 9%.

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

QuarterLaunch salesMedian AED/sqft
2015 Q16AED 1,045
2015 Q231AED 988
2015 Q32AED 1,009
2015 Q492AED 1,033
2016 Q111AED 1,022
2016 Q22AED 1,074
2016 Q31AED 1,225
2017 Q13AED 1,097
2017 Q23AED 979
2017 Q41AED 897
Two different markets

Launch vs Resale

Glitz Residence 1 also has 73 ready-market resales registered with the DLD, the first on 12 March 2019 - 49 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
73
24 in the last 2 years
Resale median /sqft
AED 965
last 2 years
Resale vs launch
-6%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Glitz Residence 1 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,195 sqft · 13 November 2017
AED 1,071,132
AED 897 /sqft
Apartment · 1 Bed
788 sqft · 23 May 2017
AED 771,477
AED 979 /sqft
Apartment · Studio
469 sqft · 17 May 2017
AED 510,000
AED 1,087 /sqft
Apartment · 2 Bed
1,195 sqft · 3 May 2017
AED 1,097,106
AED 918 /sqft
Apartment · 1 Bed
672 sqft · 16 March 2017
AED 737,132
AED 1,097 /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 Studio City, or see the community's resale market.

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