Dubai Land Department Off-Plan Register

Tuscan Residences 1 - Florence 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

67 developer launch sales registered at Tuscan Residences 1 - Florence 1 between May 2009 and Jun 2011: 100% apartments, most commonly 1-bed units, typically around 946 sqft.

Launch sales
67
DLD off-plan registrations, all time
Median launch /sqft
AED 831
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 300,0002,714,050
Min – max registered

Bed mix: Studio 34% · 1-bed 58% · 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 Tuscan Residences 1 - Florence 1, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q244AED 835
2009 Q35AED 825
2009 Q42AED 1,296
2010 Q17AED 1,077
2011 Q13AED 498
2011 Q26AED 649
Two different markets

Launch vs Resale

Tuscan Residences 1 - Florence 1 also has 136 ready-market resales registered with the DLD, the first on 26 December 2011 - 31 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
136
13 in the last 2 years
Resale median /sqft
AED 792
last 2 years
Resale vs launch
-5%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Tuscan Residences 1 - Florence 1 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
2,045 sqft · 8 June 2011
AED 955,510
AED 467 /sqft
Apartment · 1 Bed
1,751 sqft · 6 June 2011
AED 1,200,000
AED 685 /sqft
Apartment · Studio
506 sqft · 25 April 2011
AED 328,250
AED 649 /sqft
Apartment · Studio
506 sqft · 25 April 2011
AED 300,000
AED 593 /sqft
Apartment · Studio
574 sqft · 25 April 2011
AED 373,750
AED 651 /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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