Dubai Land Department Off-Plan Register

Reem-Mira Community Ph 2 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

514 developer launch sales registered at Reem-Mira Community Ph 2 between Sept 2013 and Sept 2016: 100% villas, most commonly 3-bed units, typically around 2,948 sqft.

Launch sales
514
DLD off-plan registrations, all time
Median launch /sqft
AED 545
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 74,9442,375,888
Min – max registered

Bed mix: 3-bed 64% · 4+-bed 36%.

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

QuarterLaunch salesMedian AED/sqft
2013 Q36AED 486
2013 Q4324AED 535
2014 Q143AED 560
2014 Q232AED 605
2014 Q325AED 612
2014 Q49AED 601
2015 Q118AED 543
2015 Q210AED 503
2015 Q314AED 547
2015 Q49AED 620
2016 Q18AED 571
2016 Q27AED 623
2016 Q39AED 698
Two different markets

Launch vs Resale

Reem-Mira Community Ph 2 also has 261 ready-market resales registered with the DLD, the first on 21 September 2016 - 36 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
261
44 in the last 2 years
Resale median /sqft
AED 1,203
last 2 years
Resale vs launch
+121%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Reem-Mira Community Ph 2 →

The latest launch sales

Recent Launch Registrations

Villa · 3 Bed
2,616 sqft · 22 September 2016
AED 1,890,000
AED 723 /sqft
Villa · 3 Bed
2,616 sqft · 1 September 2016
AED 1,710,000
AED 654 /sqft
Villa · 3 Bed
2,412 sqft · 25 August 2016
AED 1,800,000
AED 746 /sqft
Villa · 4+ Bed
2,948 sqft · 23 August 2016
AED 2,100,000
AED 712 /sqft
Villa · 3 Bed
2,616 sqft · 16 August 2016
AED 1,975,000
AED 755 /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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