Dubai Land Department Off-Plan Register

Golden Mile 5 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

107 developer launch sales registered at Golden Mile 5 between May 2009 and Mar 2016: 100% apartments, most commonly 2-bed units, typically around 1,808 sqft.

Launch sales
107
DLD off-plan registrations, all time
Median launch /sqft
AED 857
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,035,5005,300,000
Min – max registered

Bed mix: 1-bed 18% · 2-bed 51% · 3-bed 24%.

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

QuarterLaunch salesMedian AED/sqft
2009 Q252AED 832
2009 Q32AED 664
2009 Q46AED 875
2010 Q24AED 792
2010 Q34AED 659
2011 Q11AED 1,031
2011 Q31AED 1,003
2012 Q21AED 385
2012 Q42AED 788
2013 Q14AED 830
2013 Q23AED 881
2013 Q31AED 743
2013 Q45AED 909
2014 Q15AED 1,181
2014 Q21AED 1,652
2014 Q33AED 1,581
2014 Q44AED 1,489
2015 Q12AED 976
2015 Q21AED 1,304
2015 Q32AED 1,269
2015 Q41AED 1,260
2016 Q12AED 1,093
Two different markets

Launch vs Resale

Golden Mile 5 also has 70 ready-market resales registered with the DLD, the first on 2 May 2016 - 84 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
70
14 in the last 2 years
Resale median /sqft
AED 2,044
last 2 years
Resale vs launch
+139%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Golden Mile 5 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,887 sqft · 21 March 2016
AED 2,100,000
AED 1,113 /sqft
Apartment · 3 Bed
2,421 sqft · 14 March 2016
AED 2,600,000
AED 1,074 /sqft
Apartment · 3 Bed
2,421 sqft · 21 October 2015
AED 3,050,000
AED 1,260 /sqft
Apartment · 3 Bed
2,421 sqft · 28 September 2015
AED 3,090,000
AED 1,276 /sqft
Apartment · 1 Bed
1,288 sqft · 6 August 2015
AED 1,625,000
AED 1,261 /sqft

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

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