Dubai Land Department Off-Plan Register

Plaza Residences 1 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

39 developer launch sales registered at Plaza Residences 1 between May 2009 and Jan 2014: 100% apartments, most commonly studio units, typically around 444 sqft.

Launch sales
39
DLD off-plan registrations, all time
Median launch /sqft
AED 848
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 260,0001,888,171
Min – max registered

Bed mix: Studio 54% · 1-bed 31% · 2-bed 10% · 3-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 Plaza Residences 1, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q28AED 1,002
2009 Q34AED 828
2009 Q43AED 990
2012 Q44AED 849
2013 Q24AED 934
2013 Q37AED 798
2013 Q44AED 812
2014 Q15AED 778
Two different markets

Launch vs Resale

Plaza Residences 1 also has 284 ready-market resales registered with the DLD, the first on 10 March 2014 - 58 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
284
38 in the last 2 years
Resale median /sqft
AED 868
last 2 years
Resale vs launch
+2%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Plaza Residences 1 →

The latest launch sales

Recent Launch Registrations

Apartment · Studio
444 sqft · 23 January 2014
AED 380,000
AED 855 /sqft
Apartment · 2 Bed
1,395 sqft · 20 January 2014
AED 955,600
AED 685 /sqft
Apartment · Studio
415 sqft · 9 January 2014
AED 320,000
AED 771 /sqft
Apartment · Studio
411 sqft · 9 January 2014
AED 320,000
AED 778 /sqft
Apartment · Studio
352 sqft · 8 January 2014
AED 430,000
AED 1,222 /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 Village Circle (JVC)

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.

All Jumeirah Village Circle (JVC) projects

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