Dubai Land Department Off-Plan Register

Reem - Mira Oasis Community Phase 3 Launch Prices

Off-plan in Town Square Dubai · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

498 developer launch sales registered at Reem - Mira Oasis Community Phase 3 between Oct 2014 and Feb 2020: 100% villas, most commonly 3-bed units, typically around 3,009 sqft.

Launch sales
498
DLD off-plan registrations, all time
Median launch /sqft
AED 676
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 316,8002,637,888
Min – max registered

Bed mix: 3-bed 76% · 4+-bed 24%.

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 Reem - Mira Oasis Community Phase 3, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2014 Q4308AED 677
2015 Q1131AED 699
2015 Q27AED 747
2015 Q33AED 623
2015 Q43AED 654
2016 Q31AED 701
2016 Q44AED 594
2017 Q13AED 684
2017 Q21AED 559
2017 Q36AED 495
2017 Q41AED 454
2018 Q13AED 646
2018 Q23AED 633
2018 Q34AED 555
2018 Q44AED 652
2019 Q15AED 674
2019 Q35AED 500
2019 Q44AED 572
2020 Q12AED 592
Two different markets

Launch vs Resale

Reem - Mira Oasis Community Phase 3 also has 286 ready-market resales registered with the DLD, the first on 12 March 2020 - 65 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
286
92 in the last 2 years
Resale median /sqft
AED 1,046
last 2 years
Resale vs launch
+55%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Reem - Mira Oasis Community Phase 3 →

The latest launch sales

Recent Launch Registrations

Villa · 4+ Bed
3,122 sqft · 3 February 2020
AED 2,380,888
AED 763 /sqft
Villa · 3 Bed
3,617 sqft · 30 January 2020
AED 1,525,000
AED 422 /sqft
Villa · 3 Bed
2,820 sqft · 21 November 2019
AED 1,702,888
AED 604 /sqft
Villa · 3 Bed
2,357 sqft · 14 November 2019
AED 1,275,000
AED 541 /sqft
Villa · 3 Bed
3,466 sqft · 10 October 2019
AED 1,822,888
AED 526 /sqft

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 Town Square Dubai

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

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