Dubai Land Department Off-Plan Register

Reem-Mira Community Ph 3 Launch Prices

Off-plan in Reem Community · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

611 developer launch sales registered at Reem-Mira Community Ph 3 between Sept 2013 and Nov 2016: 100% villas, most commonly 3-bed units, typically around 2,842 sqft.

Launch sales
611
DLD off-plan registrations, all time
Median launch /sqft
AED 563
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 542,355 – 2,600,000
Min – max registered

Bed mix: 3-bed 65% · 4+-bed 35%.

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 Reem-Mira Community Ph 3, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2013 Q31AED 503
2013 Q4426AED 563
2014 Q157AED 622
2014 Q220AED 627
2014 Q320AED 556
2014 Q415AED 568
2015 Q16AED 547
2015 Q29AED 583
2015 Q311AED 572
2015 Q410AED 581
2016 Q110AED 584
2016 Q213AED 626
2016 Q39AED 679
2016 Q44AED 618
Two different markets

Launch vs Resale

Reem-Mira Community Ph 3 also has 320 ready-market resales registered with the DLD, the first on 29 November 2016 - 38 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
320
61 in the last 2 years
Resale median /sqft
AED 1,258
last 2 years
Resale vs launch
+123%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Reem-Mira Community Ph 3 →

The latest launch sales

Recent Launch Registrations

Villa · 4+ Bed
3,894 sqft · 3 November 2016
AED 2,250,000
AED 578 /sqft
Villa · 4+ Bed
3,950 sqft · 3 November 2016
AED 2,600,000
AED 658 /sqft
Villa · 4+ Bed
2,842 sqft · 10 October 2016
AED 1,637,888
AED 576 /sqft
Villa · 3 Bed
2,997 sqft · 4 October 2016
AED 2,000,000
AED 667 /sqft
Villa · 3 Bed
2,997 sqft · 22 September 2016
AED 2,000,000
AED 667 /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 Reem Community

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