Dubai Land Department Off-Plan Register

Platinum Residence 1 Launch Prices

Off-plan in Silicon Oasis · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

84 developer launch sales registered at Platinum Residence 1 between Apr 2015 and Feb 2019: 100% apartments, most commonly 1-bed units, typically around 860 sqft.

Launch sales
84
DLD off-plan registrations, all time
Median launch /sqft
AED 904
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 620,000894,399
Min – max registered

Bed mix: 1-bed 100%.

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 Platinum Residence 1, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2015 Q211AED 912
2015 Q314AED 909
2015 Q417AED 916
2016 Q11AED 970
2016 Q22AED 939
2016 Q35AED 848
2016 Q417AED 853
2017 Q112AED 912
2017 Q31AED 928
2018 Q41AED 879
2019 Q13AED 914
Two different markets

Launch vs Resale

Platinum Residence 1 also has 125 ready-market resales registered with the DLD, the first on 22 February 2017 - 22 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
125
27 in the last 2 years
Resale median /sqft
AED 853
last 2 years
Resale vs launch
-6%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Platinum Residence 1 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
858 sqft · 12 February 2019
AED 823,486
AED 960 /sqft
Apartment · 1 Bed
856 sqft · 21 January 2019
AED 769,413
AED 899 /sqft
Apartment · 1 Bed
890 sqft · 8 January 2019
AED 813,054
AED 914 /sqft
Apartment · 1 Bed
1,017 sqft · 12 December 2018
AED 894,399
AED 879 /sqft
Apartment · 1 Bed
943 sqft · 30 August 2017
AED 875,365
AED 928 /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 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.

All Silicon Oasis projects

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