Sapphire Residence Launch Prices
Off-plan in Silicon Oasis · Developer launch registrations from the Dubai Land Department off-plan register
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.
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 by Quarter
Median registered launch price per square foot at Sapphire Residence, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2009 Q2 | 21 | AED 1,272 |
| 2009 Q4 | 1 | AED 884 |
| 2010 Q1 | 2 | AED 600 |
| 2010 Q2 | 2 | AED 1,114 |
| 2011 Q3 | 1 | AED 650 |
| 2015 Q4 | 4 | AED 693 |
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.
Resale prices and recent transactions at Sapphire Residence →
Recent Launch Registrations
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 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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