Dubai Land Department Off-Plan Register

Emirates Garden II - Magnolia 2 Launch Prices

Off-plan in Jumeirah Village Circle (JVC) · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

70 developer launch sales registered at Emirates Garden II - Magnolia 2 between May 2009 and Apr 2011: 100% apartments, most commonly studio units, typically around 826 sqft.

Launch sales
70
DLD off-plan registrations, all time
Median launch /sqft
AED 853
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 244,0002,013,180
Min – max registered

Bed mix: Studio 50% · 1-bed 43% · 2-bed 7%.

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 Emirates Garden II - Magnolia 2, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q243AED 871
2009 Q36AED 751
2009 Q45AED 1,780
2010 Q15AED 901
2010 Q21AED 700
2010 Q35AED 620
2011 Q14AED 520
2011 Q21AED 642
Two different markets

Launch vs Resale

Emirates Garden II - Magnolia 2 also has 162 ready-market resales registered with the DLD, the first on 6 February 2012 - 33 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
162
17 in the last 2 years
Resale median /sqft
AED 793
last 2 years
Resale vs launch
-7%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Emirates Garden II - Magnolia 2 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,414 sqft · 25 April 2011
AED 908,050
AED 642 /sqft
Apartment · Studio
502 sqft · 17 March 2011
AED 317,200
AED 632 /sqft
Apartment · 1 Bed
946 sqft · 21 February 2011
AED 512,460
AED 542 /sqft
Apartment · Studio
502 sqft · 20 January 2011
AED 244,000
AED 486 /sqft
Apartment · Studio
517 sqft · 20 January 2011
AED 258,000
AED 499 /sqft

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

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Off-plan in Jumeirah Village Circle (JVC)

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

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