Dubai Land Department Off-Plan Register

Palladium Launch Prices

Off-plan in Jumeirah Lake Towers (JLT) · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

34 developer launch sales registered at Palladium between Jan 2008 and Sept 2010: 100% apartments, most commonly 2-bed units, typically around 1,153 sqft.

Launch sales
34
DLD off-plan registrations, all time
Median launch /sqft
AED 583
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 451,0262,600,000
Min – max registered

Bed mix: 1-bed 21% · 2-bed 59% · 3-bed 21%.

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

QuarterLaunch salesMedian AED/sqft
2008 Q11AED 489
2009 Q218AED 577
2009 Q37AED 573
2009 Q42AED 627
2010 Q24AED 726
2010 Q32AED 659
Two different markets

Launch vs Resale

Palladium also has 356 ready-market resales registered with the DLD, the first on 24 January 2011 - 36 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
356
36 in the last 2 years
Resale median /sqft
AED 1,431
last 2 years
Resale vs launch
+145%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Palladium →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,153 sqft · 16 September 2010
AED 760,000
AED 659 /sqft
Apartment · 2 Bed
1,153 sqft · 16 September 2010
AED 760,000
AED 659 /sqft
Apartment · 2 Bed
1,187 sqft · 3 June 2010
AED 861,225
AED 726 /sqft
Apartment · 2 Bed
1,187 sqft · 3 June 2010
AED 861,225
AED 726 /sqft
Apartment · 3 Bed
1,897 sqft · 22 April 2010
AED 2,600,000
AED 1,371 /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 Lake Towers (JLT)

Off-plan in Jumeirah Lake Towers (JLT)

Compare this project with every other off-plan launch registered in Jumeirah Lake Towers (JLT), or see the community's resale market.

All Jumeirah Lake Towers (JLT) projects

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