Classic Apartment Launch Prices
Off-plan in International City Phase 1 · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
62 developer launch sales registered at Classic Apartment between Oct 2009 and Jul 2010: 100% apartments, most commonly 1-bed units, typically around 957 sqft.
Bed mix: 1-bed 100%.
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 by Quarter
Median registered launch price per square foot at Classic Apartment, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2009 Q4 | 25 | AED 670 |
| 2010 Q1 | 28 | AED 652 |
| 2010 Q2 | 8 | AED 670 |
| 2010 Q3 | 1 | AED 650 |
Launch vs Resale
Classic Apartment also has 317 ready-market resales registered with the DLD, the first on 20 January 2011 - 15 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.
Resale prices and recent transactions at Classic Apartment →
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
Other Off-Plan Projects in International City Phase 1
Off-plan in International City Phase 1
Compare this project with every other off-plan launch registered in International City Phase 1, or see the community's resale market.
All International City Phase 1 projects