Dubai Land Department Off-Plan Register

Sapphire Residence 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

31 developer launch sales registered at Sapphire Residence between Jun 2009 and Nov 2015: 100% apartments, most commonly 1-bed units, typically around 810 sqft.

Launch sales
31
DLD off-plan registrations, all time
Median launch /sqft
AED 1,260
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 480,0002,050,138
Min – max registered

Bed mix: 1-bed 68% · 2-bed 29% · 3-bed 3%.

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

QuarterLaunch salesMedian AED/sqft
2009 Q221AED 1,272
2009 Q41AED 884
2010 Q12AED 600
2010 Q22AED 1,114
2011 Q31AED 650
2015 Q44AED 693
Two different markets

Launch vs Resale

Sapphire Residence also has 164 ready-market resales registered with the DLD, the first on 22 August 2011 - 26 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
164
19 in the last 2 years
Resale median /sqft
AED 926
last 2 years
Resale vs launch
-27%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Sapphire Residence →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,295 sqft · 30 November 2015
AED 871,200
AED 673 /sqft
Apartment · 2 Bed
1,295 sqft · 30 November 2015
AED 924,000
AED 713 /sqft
Apartment · 2 Bed
1,295 sqft · 30 November 2015
AED 811,200
AED 626 /sqft
Apartment · 2 Bed
1,295 sqft · 30 November 2015
AED 984,000
AED 760 /sqft
Apartment · 1 Bed
800 sqft · 15 August 2011
AED 520,137
AED 650 /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.

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