Dubai Land Department Off-Plan Register

Golden Mile 8 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

120 developer launch sales registered at Golden Mile 8 between May 2004 and Jul 2016: 100% apartments, most commonly 2-bed units, typically around 1,800 sqft.

Launch sales
120
DLD off-plan registrations, all time
Median launch /sqft
AED 974
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 650,0007,800,000
Min – max registered

Bed mix: 1-bed 23% · 2-bed 51% · 3-bed 25% · 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 8, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2004 Q21AED 983
2009 Q251AED 1,030
2009 Q311AED 820
2009 Q41AED 995
2010 Q11AED 831
2010 Q23AED 1,254
2011 Q12AED 1,388
2011 Q25AED 744
2011 Q31AED 755
2012 Q12AED 666
2012 Q24AED 733
2012 Q33AED 836
2012 Q45AED 716
2013 Q12AED 748
2013 Q28AED 880
2013 Q32AED 942
2013 Q41AED 1,119
2014 Q15AED 1,389
2014 Q23AED 1,377
2014 Q31AED 1,338
2014 Q42AED 1,453
2015 Q21AED 1,174
2015 Q32AED 1,252
2015 Q42AED 1,267
2016 Q31AED 1,231
Two different markets

Launch vs Resale

Golden Mile 8 also has 65 ready-market resales registered with the DLD, the first on 5 September 2016 - 148 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
65
12 in the last 2 years
Resale median /sqft
AED 1,968
last 2 years
Resale vs launch
+102%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Golden Mile 8 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,787 sqft · 25 July 2016
AED 2,200,000
AED 1,231 /sqft
Apartment · 3 Bed
2,441 sqft · 21 December 2015
AED 3,145,000
AED 1,288 /sqft
Apartment · 1 Bed
1,324 sqft · 10 November 2015
AED 1,650,000
AED 1,246 /sqft
Apartment · 1 Bed
1,324 sqft · 5 August 2015
AED 1,200,000
AED 906 /sqft
Apartment · 2 Bed
1,787 sqft · 9 July 2015
AED 2,855,000
AED 1,598 /sqft

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

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