Dubai Land Department Off-Plan Register

Diamond 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

65 developer launch sales registered at Diamond between Mar 2009 and Sept 2010: 100% apartments, most commonly 2-bed units, typically around 1,677 sqft.

Launch sales
65
DLD off-plan registrations, all time
Median launch /sqft
AED 1,839
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,950,0006,676,800
Min – max registered

Bed mix: 1-bed 25% · 2-bed 40% · 3-bed 35%.

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

QuarterLaunch salesMedian AED/sqft
2009 Q143AED 1,840
2009 Q23AED 1,665
2009 Q36AED 1,932
2009 Q43AED 1,968
2010 Q14AED 2,007
2010 Q21AED 1,694
2010 Q35AED 1,671
Two different markets

Launch vs Resale

Diamond also has 184 ready-market resales registered with the DLD, the first on 2 November 2010 - 20 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
184
15 in the last 2 years
Resale median /sqft
AED 3,241
last 2 years
Resale vs launch
+76%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Diamond →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
1,296 sqft · 27 September 2010
AED 2,164,994
AED 1,671 /sqft
Apartment · 2 Bed
1,677 sqft · 26 August 2010
AED 3,000,000
AED 1,789 /sqft
Apartment · 2 Bed
1,677 sqft · 26 August 2010
AED 3,000,000
AED 1,789 /sqft
Apartment · 1 Bed
1,296 sqft · 12 August 2010
AED 1,950,000
AED 1,505 /sqft
Apartment · 1 Bed
1,296 sqft · 12 August 2010
AED 1,950,000
AED 1,505 /sqft

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

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