Dubai Land Department Off-Plan Register

Gr Panorama Launch Prices

Off-plan in The Greens · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

320 developer launch sales registered at Gr Panorama between Jun 2012 and Mar 2015: 100% apartments, most commonly 3-bed units, typically around 1,486 sqft.

Launch sales
320
DLD off-plan registrations, all time
Median launch /sqft
AED 1,054
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 678,8885,560,000
Min – max registered

Bed mix: 1-bed 21% · 2-bed 30% · 3-bed 43%.

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 Gr Panorama, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2012 Q27AED 973
2012 Q3157AED 992
2012 Q422AED 1,073
2013 Q115AED 1,089
2013 Q221AED 1,247
2013 Q39AED 1,129
2013 Q46AED 1,188
2014 Q116AED 1,475
2014 Q217AED 1,579
2014 Q310AED 1,212
2014 Q416AED 1,406
2015 Q124AED 1,721
Two different markets

Launch vs Resale

Gr Panorama also has 369 ready-market resales registered with the DLD, the first on 12 March 2015 - 33 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
369
27 in the last 2 years
Resale median /sqft
AED 2,014
last 2 years
Resale vs launch
+91%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Gr Panorama →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,268 sqft · 10 March 2015
AED 2,850,000
AED 2,247 /sqft
Apartment · 2 Bed
1,268 sqft · 9 March 2015
AED 2,550,000
AED 2,012 /sqft
Apartment · 3 Bed
1,905 sqft · 9 March 2015
AED 3,350,000
AED 1,758 /sqft
Apartment · 2 Bed
1,343 sqft · 5 March 2015
AED 2,250,000
AED 1,675 /sqft
Apartment · 3 Bed
1,905 sqft · 3 March 2015
AED 3,800,000
AED 1,994 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

Compare projects

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Off-plan in The Greens

Compare this project with every other off-plan launch registered in The Greens, or see the community's resale market.

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