Dubai Land Department Off-Plan Register

Summer 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

105 developer launch sales registered at Summer 2 between May 2009 and Sept 2013: 100% apartments, most commonly 1-bed units, typically around 794 sqft.

Launch sales
105
DLD off-plan registrations, all time
Median launch /sqft
AED 760
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 245,8461,462,440
Min – max registered

Bed mix: 1-bed 69% · 2-bed 31%.

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

QuarterLaunch salesMedian AED/sqft
2009 Q249AED 770
2009 Q328AED 765
2010 Q23AED 698
2010 Q39AED 770
2011 Q11AED 359
2011 Q23AED 800
2011 Q41AED 666
2012 Q41AED 366
2013 Q15AED 432
2013 Q35AED 650
Two different markets

Launch vs Resale

Summer 2 also has 280 ready-market resales registered with the DLD, the first on 13 August 2013 - 51 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
280
52 in the last 2 years
Resale median /sqft
AED 821
last 2 years
Resale vs launch
+8%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Summer 2 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,672 sqft · 20 September 2013
AED 826,633
AED 494 /sqft
Apartment · 1 Bed
852 sqft · 26 August 2013
AED 624,880
AED 733 /sqft
Apartment · 1 Bed
1,025 sqft · 21 August 2013
AED 615,000
AED 600 /sqft
Apartment · 1 Bed
713 sqft · 8 July 2013
AED 510,000
AED 715 /sqft
Apartment · 1 Bed
1,025 sqft · 3 July 2013
AED 666,250
AED 650 /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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