Dubai Land Department Off-Plan Register

Seven Hotel & Apartments the Palm - a 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

804 developer launch sales registered at Seven Hotel & Apartments the Palm - a between Feb 2018 and Jan 2024: 100% apartments, most commonly studio units, typically around 637 sqft.

Launch sales
804
DLD off-plan registrations, all time
Median launch /sqft
AED 1,945
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 300,00012,555,000
Min – max registered

Bed mix: Studio 47% · 1-bed 45% · 2-bed 5% · 3-bed 2% · 4+-bed 0%.

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 Seven Hotel & Apartments the Palm - a, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2018 Q164AED 2,310
2018 Q234AED 2,372
2018 Q311AED 2,360
2018 Q49AED 2,335
2019 Q13AED 2,269
2019 Q21AED 2,083
2019 Q32AED 1,994
2019 Q413AED 2,008
2020 Q143AED 1,757
2020 Q245AED 1,776
2020 Q3101AED 1,799
2020 Q480AED 1,733
2021 Q1135AED 1,643
2021 Q244AED 1,723
2021 Q311AED 2,040
2021 Q417AED 2,072
2022 Q114AED 2,190
2022 Q220AED 2,536
2022 Q319AED 2,414
2022 Q418AED 2,538
2023 Q121AED 2,583
2023 Q231AED 2,667
2023 Q328AED 2,935
2023 Q430AED 3,133
2024 Q110AED 3,458
Two different markets

Launch vs Resale

Seven Hotel & Apartments the Palm - a also has 111 ready-market resales registered with the DLD, the first on 21 March 2024 - 73 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
111
73 in the last 2 years
Resale median /sqft
AED 3,549
last 2 years
Resale vs launch
+82%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Seven Hotel & Apartments the Palm - a →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
712 sqft · 22 January 2024
AED 1,800,000
AED 2,526 /sqft
Apartment · Studio
378 sqft · 16 January 2024
AED 1,390,000
AED 3,681 /sqft
Apartment · 2 Bed
1,131 sqft · 15 January 2024
AED 3,100,000
AED 2,741 /sqft
Apartment · Studio
339 sqft · 11 January 2024
AED 1,520,000
AED 4,477 /sqft
Apartment · Studio
352 sqft · 11 January 2024
AED 1,150,000
AED 3,265 /sqft

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

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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.

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