Dubai Land Department Off-Plan Register

Golden Mile 2 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 2 between Sept 2004 and Jan 2016: 100% apartments, most commonly 2-bed units, typically around 1,800 sqft.

Launch sales
128
DLD off-plan registrations, all time
Median launch /sqft
AED 778
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 600,0006,617,000
Min – max registered

Bed mix: 1-bed 23% · 2-bed 55% · 3-bed 17%.

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

QuarterLaunch salesMedian AED/sqft
2004 Q31AED 785
2004 Q41AED 3,493
2009 Q253AED 744
2009 Q34AED 794
2009 Q46AED 767
2010 Q14AED 710
2010 Q22AED 675
2010 Q36AED 834
2010 Q41AED 807
2011 Q15AED 778
2011 Q23AED 741
2011 Q32AED 750
2011 Q44AED 755
2012 Q15AED 538
2012 Q24AED 806
2012 Q32AED 789
2012 Q41AED 683
2013 Q13AED 966
2013 Q23AED 892
2013 Q32AED 1,157
2013 Q42AED 1,077
2014 Q11AED 1,121
2014 Q25AED 1,453
2014 Q32AED 1,018
2015 Q12AED 1,237
2015 Q31AED 1,242
2015 Q42AED 1,177
2016 Q11AED 1,278
Two different markets

Launch vs Resale

Golden Mile 2 also has 71 ready-market resales registered with the DLD, the first on 24 October 2016 - 145 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
71
15 in the last 2 years
Resale median /sqft
AED 1,879
last 2 years
Resale vs launch
+142%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Golden Mile 2 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,799 sqft · 27 January 2016
AED 2,300,000
AED 1,278 /sqft
Apartment · 2 Bed
1,799 sqft · 16 December 2015
AED 2,000,000
AED 1,112 /sqft
Apartment · 1 Bed
1,288 sqft · 26 November 2015
AED 1,600,000
AED 1,242 /sqft
Apartment · 1 Bed
1,288 sqft · 28 September 2015
AED 1,600,000
AED 1,242 /sqft
Apartment · 2 Bed
1,888 sqft · 26 February 2015
AED 2,425,000
AED 1,285 /sqft

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

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