Dubai Land Department Off-Plan Register

Plaza Residences 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

237 developer launch sales registered at Plaza Residences 2 between Jul 2014 and Feb 2018: 100% apartments, most commonly 1-bed units, typically around 885 sqft.

Launch sales
237
DLD off-plan registrations, all time
Median launch /sqft
AED 819
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 300,0001,527,068
Min – max registered

Bed mix: Studio 31% · 1-bed 52% · 2-bed 16% · 3-bed 2%.

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

QuarterLaunch salesMedian AED/sqft
2014 Q38AED 1,036
2014 Q410AED 817
2015 Q15AED 922
2015 Q213AED 758
2015 Q36AED 894
2015 Q424AED 883
2016 Q127AED 826
2016 Q228AED 775
2016 Q34AED 800
2016 Q44AED 1,043
2017 Q146AED 783
2017 Q240AED 800
2017 Q36AED 810
2017 Q43AED 800
2018 Q113AED 867
Two different markets

Launch vs Resale

Plaza Residences 2 also has 404 ready-market resales registered with the DLD, the first on 9 April 2018 - 45 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
404
128 in the last 2 years
Resale median /sqft
AED 1,000
last 2 years
Resale vs launch
+22%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Plaza Residences 2 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,433 sqft · 26 February 2018
AED 1,241,712
AED 867 /sqft
Apartment · 2 Bed
1,433 sqft · 26 February 2018
AED 1,241,712
AED 867 /sqft
Apartment · 2 Bed
1,568 sqft · 26 February 2018
AED 1,359,072
AED 867 /sqft
Apartment · 1 Bed
789 sqft · 22 February 2018
AED 661,316
AED 838 /sqft
Apartment · 1 Bed
903 sqft · 5 February 2018
AED 801,756
AED 888 /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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