Ruby Launch Prices
Off-plan in Palm Jumeirah · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
67 developer launch sales registered at Ruby between Feb 2009 and Oct 2010: 100% apartments, most commonly 1-bed units, typically around 1,677 sqft.
Bed mix: 1-bed 43% · 2-bed 42% · 3-bed 15%.
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 by Quarter
Median registered launch price per square foot at Ruby, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2009 Q1 | 50 | AED 1,569 |
| 2009 Q3 | 6 | AED 1,519 |
| 2009 Q4 | 1 | AED 1,815 |
| 2010 Q1 | 4 | AED 1,302 |
| 2010 Q2 | 2 | AED 1,854 |
| 2010 Q3 | 2 | AED 1,193 |
| 2010 Q4 | 2 | AED 386 |
Launch vs Resale
Ruby also has 202 ready-market resales registered with the DLD, the first on 28 October 2010 - 20 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.
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
Other Off-Plan Projects in Palm Jumeirah
Off-plan in Palm Jumeirah
Compare this project with every other off-plan launch registered in Palm Jumeirah, or see the community's resale market.
All Palm Jumeirah projects