Dubai Land Department Off-Plan Register

Palazzo Versace Launch Prices

Off-plan in Jaddaf Waterfront · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

143 developer launch sales registered at Palazzo Versace between Feb 2009 and Sept 2015: 100% apartments, most commonly 2-bed units, typically around 2,238 sqft.

Launch sales
143
DLD off-plan registrations, all time
Median launch /sqft
AED 2,873
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 3,094,50028,952,200
Min – max registered

Bed mix: 1-bed 1% · 2-bed 45% · 3-bed 38% · 4+-bed 15%.

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 Palazzo Versace, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q132AED 3,882
2010 Q11AED 2,369
2010 Q21AED 4,871
2011 Q27AED 2,039
2011 Q41AED 3,878
2012 Q12AED 4,296
2012 Q22AED 2,596
2012 Q329AED 2,188
2012 Q416AED 2,531
2013 Q18AED 2,750
2013 Q210AED 2,897
2013 Q35AED 3,062
2013 Q44AED 3,217
2014 Q13AED 3,214
2014 Q210AED 3,327
2014 Q35AED 3,888
2014 Q43AED 3,413
2015 Q13AED 3,255
2015 Q31AED 3,283
Two different markets

Launch vs Resale

Palazzo Versace also has 110 ready-market resales registered with the DLD, the first on 27 January 2016 - 83 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
110
28 in the last 2 years
Resale median /sqft
AED 2,160
last 2 years
Resale vs launch
-25%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Palazzo Versace →

The latest launch sales

Recent Launch Registrations

Apartment · 3 Bed
2,986 sqft · 7 September 2015
AED 9,803,558
AED 3,283 /sqft
Apartment · 2 Bed
2,038 sqft · 23 February 2015
AED 7,070,000
AED 3,469 /sqft
Apartment · 3 Bed
4,895 sqft · 16 February 2015
AED 14,000,000
AED 2,860 /sqft
Apartment · 2 Bed
2,021 sqft · 16 February 2015
AED 6,577,200
AED 3,255 /sqft
Apartment · 3 Bed
3,805 sqft · 24 December 2014
AED 12,986,992
AED 3,413 /sqft

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

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