Dubai Land Department Off-Plan Register

Silicon Gate 3 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

33 developer launch sales registered at Silicon Gate 3 between Feb 2010 and Jun 2015: 100% apartments, most commonly 1-bed units, typically around 717 sqft.

Launch sales
33
DLD off-plan registrations, all time
Median launch /sqft
AED 1,222
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 353,0001,614,195
Min – max registered

Bed mix: Studio 24% · 1-bed 48% · 2-bed 15% · 3-bed 12%.

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 Silicon Gate 3, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2010 Q11AED 1,287
2010 Q28AED 1,220
2011 Q23AED 1,007
2011 Q31AED 1,344
2011 Q41AED 976
2012 Q31AED 1,261
2012 Q46AED 1,029
2013 Q11AED 1,364
2013 Q21AED 1,292
2013 Q35AED 616
2015 Q25AED 1,371
Two different markets

Launch vs Resale

Silicon Gate 3 also has 197 ready-market resales registered with the DLD, the first on 3 April 2014 - 50 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
197
31 in the last 2 years
Resale median /sqft
AED 772
last 2 years
Resale vs launch
-37%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Silicon Gate 3 →

The latest launch sales

Recent Launch Registrations

Apartment · 3 Bed
1,139 sqft · 1 June 2015
AED 1,614,195
AED 1,417 /sqft
Apartment · 1 Bed
680 sqft · 1 June 2015
AED 897,432
AED 1,319 /sqft
Apartment · 1 Bed
715 sqft · 1 June 2015
AED 987,532
AED 1,381 /sqft
Apartment · 2 Bed
1,066 sqft · 1 June 2015
AED 1,302,343
AED 1,222 /sqft
Apartment · Studio
377 sqft · 1 June 2015
AED 517,265
AED 1,371 /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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