Dubai Land Department Off-Plan Register

Madinat Jumeirah Living Rahaal 2 Launch Prices

Off-plan in Jumeirah / Umm Suqeim · 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 Madinat Jumeirah Living Rahaal 2 between May 2019 and Feb 2022: 100% apartments, most commonly 1-bed units, typically around 840 sqft.

Launch sales
152
DLD off-plan registrations, all time
Median launch /sqft
AED 1,619
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,000,0005,039,000
Min – max registered

Bed mix: 1-bed 63% · 2-bed 25% · 3-bed 7% · 4+-bed 5%.

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 Madinat Jumeirah Living Rahaal 2, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2019 Q22AED 1,677
2019 Q313AED 1,643
2019 Q437AED 1,657
2020 Q124AED 1,475
2020 Q242AED 1,606
2021 Q13AED 1,486
2021 Q27AED 1,619
2021 Q318AED 1,651
2021 Q44AED 1,632
2022 Q12AED 1,710
Two different markets

Launch vs Resale

Madinat Jumeirah Living Rahaal 2 also has 85 ready-market resales registered with the DLD, the first on 25 April 2022 - 35 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
85
23 in the last 2 years
Resale median /sqft
AED 2,659
last 2 years
Resale vs launch
+64%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Madinat Jumeirah Living Rahaal 2 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
832 sqft · 18 February 2022
AED 1,360,000
AED 1,634 /sqft
Apartment · 1 Bed
812 sqft · 25 January 2022
AED 1,450,000
AED 1,787 /sqft
Apartment · 1 Bed
819 sqft · 23 December 2021
AED 1,325,000
AED 1,618 /sqft
Apartment · 3 Bed
1,947 sqft · 8 December 2021
AED 3,204,000
AED 1,645 /sqft
Apartment · 1 Bed
809 sqft · 7 October 2021
AED 1,425,000
AED 1,762 /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 Jumeirah / Umm Suqeim

Off-plan in Jumeirah / Umm Suqeim

Compare this project with every other off-plan launch registered in Jumeirah / Umm Suqeim, or see the community's resale market.

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