Dubai Land Department Off-Plan Register

Golden Mile 1 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

128 developer launch sales registered at Golden Mile 1 between May 2004 and Apr 2016: 100% apartments, most commonly 2-bed units, typically around 1,808 sqft.

Launch sales
128
DLD off-plan registrations, all time
Median launch /sqft
AED 781
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 800,0008,250,000
Min – max registered

Bed mix: 1-bed 22% · 2-bed 48% · 3-bed 20%.

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 Golden Mile 1, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2004 Q22AED 668
2008 Q11AED 604
2009 Q253AED 753
2009 Q39AED 686
2009 Q48AED 740
2010 Q19AED 781
2010 Q24AED 627
2010 Q42AED 812
2011 Q12AED 679
2011 Q31AED 676
2011 Q42AED 678
2012 Q12AED 767
2012 Q24AED 759
2012 Q31AED 1,048
2012 Q42AED 717
2013 Q15AED 897
2013 Q23AED 1,031
2013 Q37AED 1,038
2013 Q41AED 1,184
2014 Q12AED 1,028
2014 Q22AED 1,434
2014 Q43AED 1,292
2015 Q21AED 1,440
2015 Q41AED 1,421
2016 Q21AED 1,226
Two different markets

Launch vs Resale

Golden Mile 1 also has 76 ready-market resales registered with the DLD, the first on 25 April 2016 - 143 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
76
16 in the last 2 years
Resale median /sqft
AED 1,690
last 2 years
Resale vs launch
+116%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Golden Mile 1 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,794 sqft · 5 April 2016
AED 2,200,000
AED 1,226 /sqft
Apartment · 2 Bed
1,794 sqft · 19 October 2015
AED 2,550,000
AED 1,421 /sqft
Apartment · 2 Bed
1,806 sqft · 27 April 2015
AED 2,600,000
AED 1,440 /sqft
Apartment · 3 Bed
3,329 sqft · 18 November 2014
AED 4,300,000
AED 1,292 /sqft
Apartment · 3 Bed
2,421 sqft · 14 November 2014
AED 3,350,000
AED 1,384 /sqft

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

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