Dubai Land Department Off-Plan Register

The Residences South 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

335 developer launch sales registered at The Residences South between May 2009 and Jan 2013: 100% apartments, most commonly 2-bed units, typically around 1,820 sqft.

Launch sales
335
DLD off-plan registrations, all time
Median launch /sqft
AED 1,418
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,100,00018,250,000
Min – max registered

Bed mix: 1-bed 28% · 2-bed 47% · 3-bed 15% · 4+-bed 4%.

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

QuarterLaunch salesMedian AED/sqft
2009 Q2239AED 1,520
2009 Q34AED 1,740
2009 Q44AED 1,772
2010 Q13AED 1,334
2010 Q27AED 1,317
2010 Q38AED 1,349
2010 Q43AED 811
2011 Q18AED 1,341
2011 Q215AED 1,197
2011 Q37AED 1,079
2011 Q45AED 1,382
2012 Q17AED 1,011
2012 Q28AED 1,137
2012 Q313AED 1,282
2012 Q43AED 1,646
2013 Q11AED 1,389
Two different markets

Launch vs Resale

The Residences South also has 436 ready-market resales registered with the DLD, the first on 17 January 2013 - 44 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
436
35 in the last 2 years
Resale median /sqft
AED 2,507
last 2 years
Resale vs launch
+77%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at The Residences South →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
1,368 sqft · 3 January 2013
AED 1,900,000
AED 1,389 /sqft
Apartment · 1 Bed
1,368 sqft · 26 November 2012
AED 1,800,000
AED 1,316 /sqft
Apartment · 2 Bed
1,810 sqft · 24 October 2012
AED 2,978,400
AED 1,646 /sqft
Apartment · 2 Bed
1,977 sqft · 24 October 2012
AED 3,470,000
AED 1,755 /sqft
Apartment · 2 Bed
2,035 sqft · 28 August 2012
AED 2,200,000
AED 1,081 /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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