Dubai Land Department Off-Plan Register

Azure Residences 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

86 developer launch sales registered at Azure Residences between Oct 2013 and Nov 2016: 100% apartments, most commonly 1-bed units, typically around 1,055 sqft.

Launch sales
86
DLD off-plan registrations, all time
Median launch /sqft
AED 4,044
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,800,0005,112,400
Min – max registered

Bed mix: 1-bed 77% · 2-bed 23%.

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

QuarterLaunch salesMedian AED/sqft
2013 Q422AED 1,875
2014 Q23AED 2,403
2014 Q31AED 2,332
2014 Q44AED 2,165
2015 Q11AED 2,434
2015 Q25AED 4,128
2015 Q312AED 4,212
2015 Q418AED 4,170
2016 Q110AED 4,149
2016 Q24AED 4,435
2016 Q33AED 4,274
2016 Q43AED 2,177
Two different markets

Launch vs Resale

Azure Residences also has 110 ready-market resales registered with the DLD, the first on 16 January 2017 - 39 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
110
23 in the last 2 years
Resale median /sqft
AED 2,479
last 2 years
Resale vs launch
-39%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Azure Residences →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
593 sqft · 7 November 2016
AED 2,580,900
AED 4,356 /sqft
Apartment · 2 Bed
2,029 sqft · 2 November 2016
AED 4,417,600
AED 2,177 /sqft
Apartment · 1 Bed
1,140 sqft · 24 October 2016
AED 2,000,000
AED 1,755 /sqft
Apartment · 2 Bed
1,055 sqft · 30 August 2016
AED 4,509,600
AED 4,274 /sqft
Apartment · 1 Bed
593 sqft · 29 August 2016
AED 2,421,100
AED 4,086 /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 Palm Jumeirah

Off-plan in Palm Jumeirah

Compare this project with every other off-plan launch registered in Palm Jumeirah, or see the community's resale market.

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