Dubai Land Department Off-Plan Register

Reem-Mira Community Ph 1 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

479 developer launch sales registered at Reem-Mira Community Ph 1 between Oct 2013 and Sept 2016: 100% villas, most commonly 3-bed units, typically around 2,842 sqft.

Launch sales
479
DLD off-plan registrations, all time
Median launch /sqft
AED 531
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 988,8882,479,065
Min – max registered

Bed mix: 3-bed 74% · 4+-bed 26%.

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 Community Ph 1, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2013 Q4352AED 519
2014 Q124AED 565
2014 Q220AED 678
2014 Q311AED 602
2014 Q48AED 647
2015 Q114AED 582
2015 Q29AED 645
2015 Q37AED 538
2015 Q413AED 582
2016 Q111AED 565
2016 Q25AED 674
2016 Q35AED 736
Two different markets

Launch vs Resale

Reem-Mira Community Ph 1 also has 215 ready-market resales registered with the DLD, the first on 20 September 2016 - 35 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
215
34 in the last 2 years
Resale median /sqft
AED 1,265
last 2 years
Resale vs launch
+138%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Reem-Mira Community Ph 1 →

The latest launch sales

Recent Launch Registrations

Villa · 3 Bed
2,325 sqft · 7 September 2016
AED 1,849,834
AED 796 /sqft
Villa · 3 Bed
2,325 sqft · 18 August 2016
AED 2,000,000
AED 860 /sqft
Villa · 4+ Bed
3,197 sqft · 17 August 2016
AED 2,325,000
AED 727 /sqft
Villa · 4+ Bed
3,398 sqft · 9 August 2016
AED 2,200,000
AED 647 /sqft
Villa · 3 Bed
2,236 sqft · 21 July 2016
AED 1,645,465
AED 736 /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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