Dubai Land Department Off-Plan Register

Tanzanite 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

38 developer launch sales registered at Tanzanite between Mar 2009 and Sept 2010: 100% apartments, most commonly 3-bed units, typically around 1,677 sqft.

Launch sales
38
DLD off-plan registrations, all time
Median launch /sqft
AED 1,845
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 2,175,2316,137,500
Min – max registered

Bed mix: 1-bed 32% · 2-bed 26% · 3-bed 42%.

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

QuarterLaunch salesMedian AED/sqft
2009 Q126AED 1,876
2009 Q32AED 2,384
2009 Q43AED 2,525
2010 Q26AED 1,684
2010 Q31AED 1,491
Two different markets

Launch vs Resale

Tanzanite also has 191 ready-market resales registered with the DLD, the first on 24 November 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.

Resales registered
191
14 in the last 2 years
Resale median /sqft
AED 3,428
last 2 years
Resale vs launch
+86%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Tanzanite →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,677 sqft · 14 September 2010
AED 2,500,000
AED 1,491 /sqft
Apartment · 1 Bed
1,296 sqft · 20 May 2010
AED 2,277,472
AED 1,757 /sqft
Apartment · 1 Bed
1,296 sqft · 20 May 2010
AED 2,190,284
AED 1,690 /sqft
Apartment · 1 Bed
1,299 sqft · 20 May 2010
AED 2,175,231
AED 1,675 /sqft
Apartment · 2 Bed
1,677 sqft · 20 May 2010
AED 2,677,568
AED 1,597 /sqft

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

Compare projects

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.

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