Dubai Land Department Off-Plan Register

Reem-Mira Community Ph5 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

427 developer launch sales registered at Reem-Mira Community Ph5 between Sept 2013 and Aug 2017: 100% villas, most commonly 3-bed units, typically around 3,062 sqft.

Launch sales
427
DLD off-plan registrations, all time
Median launch /sqft
AED 609
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 79,6452,750,000
Min – max registered

Bed mix: 3-bed 57% · 4+-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 Reem-Mira Community Ph5, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2013 Q34AED 577
2013 Q4291AED 603
2014 Q122AED 679
2014 Q214AED 686
2014 Q36AED 679
2014 Q43AED 603
2015 Q25AED 554
2015 Q35AED 622
2015 Q48AED 559
2016 Q14AED 630
2016 Q214AED 597
2016 Q314AED 627
2016 Q412AED 615
2017 Q122AED 725
2017 Q22AED 632
2017 Q31AED 805
Two different markets

Launch vs Resale

Reem-Mira Community Ph5 also has 219 ready-market resales registered with the DLD, the first on 6 April 2017 - 43 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
219
32 in the last 2 years
Resale median /sqft
AED 1,211
last 2 years
Resale vs launch
+99%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Reem-Mira Community Ph5 →

The latest launch sales

Recent Launch Registrations

Villa · 4+ Bed
3,381 sqft · 10 August 2017
AED 2,719,888
AED 805 /sqft
Villa · 3 Bed
2,616 sqft · 10 April 2017
AED 1,561,888
AED 597 /sqft
Villa · 4+ Bed
3,390 sqft · 10 April 2017
AED 2,260,888
AED 667 /sqft
Villa · 3 Bed
3,704 sqft · 20 March 2017
AED 2,200,000
AED 594 /sqft
Villa · 3 Bed
2,616 sqft · 13 March 2017
AED 2,175,000
AED 831 /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 Town Square Dubai

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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