Prime Residence 1 Launch Prices
Off-plan in International City Phase 1 · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
140 developer launch sales registered at Prime Residence 1 between May 2009 and Feb 2012: 100% apartments, most commonly 1-bed units, typically around 801 sqft.
Bed mix: 1-bed 68% · 2-bed 32%.
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 Prime Residence 1, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2009 Q2 | 96 | AED 725 |
| 2009 Q3 | 24 | AED 742 |
| 2011 Q1 | 3 | AED 635 |
| 2011 Q2 | 4 | AED 410 |
| 2011 Q3 | 5 | AED 345 |
| 2011 Q4 | 7 | AED 397 |
| 2012 Q1 | 1 | AED 427 |
Launch vs Resale
Prime Residence 1 also has 302 ready-market resales registered with the DLD, the first on 2 November 2011 - 30 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 Prime Residence 1 →
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