Dubai Land Department Off-Plan Register

Golden Mile 7 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

113 developer launch sales registered at Golden Mile 7 between Aug 2004 and Jun 2016: 100% apartments, most commonly 2-bed units, typically around 1,802 sqft.

Launch sales
113
DLD off-plan registrations, all time
Median launch /sqft
AED 941
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 910,0005,500,000
Min – max registered

Bed mix: 1-bed 23% · 2-bed 50% · 3-bed 27% · 4+-bed 1%.

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

QuarterLaunch salesMedian AED/sqft
2004 Q31AED 810
2008 Q11AED 941
2009 Q257AED 1,001
2009 Q34AED 903
2010 Q24AED 880
2010 Q32AED 708
2010 Q42AED 932
2011 Q11AED 842
2011 Q25AED 746
2011 Q31AED 757
2011 Q42AED 798
2012 Q12AED 729
2012 Q23AED 842
2012 Q31AED 786
2012 Q42AED 734
2013 Q14AED 718
2013 Q23AED 1,059
2013 Q32AED 1,103
2013 Q45AED 1,139
2014 Q12AED 1,465
2014 Q42AED 1,304
2015 Q11AED 1,356
2015 Q43AED 1,343
2016 Q11AED 1,301
2016 Q22AED 1,210
Two different markets

Launch vs Resale

Golden Mile 7 also has 54 ready-market resales registered with the DLD, the first on 30 January 2017 - 149 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
54
6 in the last 2 years
Resale median /sqft
AED 1,575
last 2 years
Resale vs launch
+67%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Golden Mile 7 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
1,313 sqft · 16 June 2016
AED 1,635,000
AED 1,245 /sqft
Apartment · 2 Bed
1,787 sqft · 10 May 2016
AED 2,100,000
AED 1,175 /sqft
Apartment · 2 Bed
1,787 sqft · 20 January 2016
AED 2,325,000
AED 1,301 /sqft
Apartment · 1 Bed
1,313 sqft · 29 December 2015
AED 1,680,000
AED 1,280 /sqft
Apartment · 2 Bed
1,787 sqft · 8 December 2015
AED 2,400,000
AED 1,343 /sqft

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

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