Dubai Land Department Off-Plan Register

Aquamarine Launch Prices

Off-plan in Palm Jumeirah · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

68 developer launch sales registered at Aquamarine between Mar 2009 and Jun 2011: 100% apartments, most commonly 2-bed units, typically around 1,677 sqft.

Launch sales
68
DLD off-plan registrations, all time
Median launch /sqft
AED 1,670
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 410,9629,581,708
Min – max registered

Bed mix: 1-bed 29% · 2-bed 38% · 3-bed 29% · 4+-bed 3%.

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

QuarterLaunch salesMedian AED/sqft
2009 Q126AED 1,702
2009 Q29AED 1,589
2009 Q37AED 1,670
2009 Q410AED 1,800
2010 Q15AED 1,448
2010 Q27AED 1,741
2010 Q33AED 1,080
2011 Q21AED 1,431
Two different markets

Launch vs Resale

Aquamarine also has 202 ready-market resales registered with the DLD, the first on 14 December 2010 - 21 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
202
17 in the last 2 years
Resale median /sqft
AED 3,524
last 2 years
Resale vs launch
+111%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Aquamarine →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,677 sqft · 16 June 2011
AED 2,400,000
AED 1,431 /sqft
Apartment · 1 Bed
1,296 sqft · 20 September 2010
AED 1,400,000
AED 1,080 /sqft
Apartment · 1 Bed
1,296 sqft · 20 September 2010
AED 1,400,000
AED 1,080 /sqft
Apartment · 4+ Bed
5,217 sqft · 5 August 2010
AED 8,672,024
AED 1,662 /sqft
Apartment · 3 Bed
2,266 sqft · 7 June 2010
AED 4,500,000
AED 1,986 /sqft

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

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