Dubai Land Department Off-Plan Register

Prime Residence 2 Launch Prices

Off-plan in International City Phase 1 · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

122 developer launch sales registered at Prime Residence 2 between May 2009 and Feb 2012: 100% apartments, most commonly 1-bed units, typically around 802 sqft.

Launch sales
122
DLD off-plan registrations, all time
Median launch /sqft
AED 725
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 300,000970,000
Min – max registered

Bed mix: 1-bed 69% · 2-bed 31%.

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

QuarterLaunch salesMedian AED/sqft
2009 Q283AED 726
2009 Q325AED 730
2010 Q22AED 436
2011 Q11AED 675
2011 Q24AED 453
2011 Q32AED 402
2011 Q44AED 389
2012 Q11AED 397
Two different markets

Launch vs Resale

Prime Residence 2 also has 334 ready-market resales registered with the DLD, the first on 29 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.

Resales registered
334
44 in the last 2 years
Resale median /sqft
AED 689
last 2 years
Resale vs launch
-5%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Prime Residence 2 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
794 sqft · 8 February 2012
AED 315,000
AED 397 /sqft
Apartment · 2 Bed
1,206 sqft · 12 December 2011
AED 515,000
AED 427 /sqft
Apartment · 1 Bed
796 sqft · 18 November 2011
AED 300,000
AED 377 /sqft
Apartment · 1 Bed
805 sqft · 18 November 2011
AED 300,000
AED 372 /sqft
Apartment · 2 Bed
1,195 sqft · 24 October 2011
AED 480,000
AED 402 /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 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

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