Dubai Land Department Off-Plan Register

The 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

147 developer launch sales registered at The 8 between May 2015 and Mar 2020: 100% apartments, most commonly 2-bed units, typically around 1,378 sqft.

Launch sales
147
DLD off-plan registrations, all time
Median launch /sqft
AED 2,289
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,000,00013,000,000
Min – max registered

Bed mix: 1-bed 18% · 2-bed 60% · 3-bed 21% · 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 The 8, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2015 Q28AED 2,653
2015 Q35AED 2,848
2015 Q410AED 2,713
2016 Q14AED 2,600
2016 Q27AED 2,401
2016 Q32AED 2,605
2016 Q42AED 2,549
2017 Q113AED 2,359
2017 Q26AED 2,275
2017 Q38AED 2,288
2017 Q44AED 2,421
2018 Q17AED 2,485
2018 Q223AED 1,534
2018 Q32AED 1,708
2018 Q41AED 1,783
2019 Q11AED 2,707
2019 Q25AED 2,432
2019 Q35AED 2,575
2019 Q433AED 1,300
2020 Q11AED 2,017
Two different markets

Launch vs Resale

The 8 also has 165 ready-market resales registered with the DLD, the first on 8 June 2020 - 61 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
165
45 in the last 2 years
Resale median /sqft
AED 3,547
last 2 years
Resale vs launch
+55%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at The 8 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,389 sqft · 12 March 2020
AED 2,800,000
AED 2,017 /sqft
Apartment · 2 Bed
1,367 sqft · 21 November 2019
AED 2,525,000
AED 1,847 /sqft
Apartment · 3 Bed
1,744 sqft · 14 November 2019
AED 4,000,000
AED 2,294 /sqft
Apartment · 2 Bed
1,367 sqft · 4 November 2019
AED 1,764,306
AED 1,291 /sqft
Apartment · 2 Bed
1,421 sqft · 4 November 2019
AED 1,842,639
AED 1,297 /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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