Palace Tower T2 Launch Prices
Off-plan in Silicon Oasis · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
359 developer launch sales registered at Palace Tower T2 between Jul 2009 and Dec 2015: 100% apartments, most commonly studio units, typically around 480 sqft.
Bed mix: Studio 69% · 1-bed 13% · 2-bed 18%.
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 by Quarter
Median registered launch price per square foot at Palace Tower T2, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2009 Q3 | 307 | AED 827 |
| 2009 Q4 | 24 | AED 842 |
| 2010 Q1 | 1 | AED 818 |
| 2010 Q2 | 19 | AED 831 |
| 2010 Q3 | 6 | AED 570 |
| 2012 Q4 | 1 | AED 865 |
| 2015 Q4 | 1 | AED 890 |
Launch vs Resale
Palace Tower T2 also has 1,008 ready-market resales registered with the DLD, the first on 24 February 2010 - 7 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.
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
Other Off-Plan Projects in Silicon Oasis
Off-plan in Silicon Oasis
Compare this project with every other off-plan launch registered in Silicon Oasis, or see the community's resale market.
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