Dubai Land Department Off-Plan Register

Town Square Safi 1b 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

168 developer launch sales registered at Town Square Safi 1b between Nov 2015 and Jan 2019: 100% apartments, most commonly 2-bed units, typically around 884 sqft.

Launch sales
168
DLD off-plan registrations, all time
Median launch /sqft
AED 884
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 349,9881,794,888
Min – max registered

Bed mix: Studio 11% · 1-bed 31% · 2-bed 39% · 3-bed 19%.

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 Town Square Safi 1b, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2015 Q497AED 873
2016 Q114AED 891
2016 Q227AED 914
2016 Q313AED 938
2017 Q23AED 914
2017 Q33AED 927
2017 Q43AED 929
2018 Q11AED 905
2018 Q22AED 935
2018 Q32AED 779
2018 Q42AED 912
2019 Q11AED 896
Two different markets

Launch vs Resale

Town Square Safi 1b also has 98 ready-market resales registered with the DLD, the first on 16 May 2019 - 42 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
98
40 in the last 2 years
Resale median /sqft
AED 1,239
last 2 years
Resale vs launch
+40%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Town Square Safi 1b →

The latest launch sales

Recent Launch Registrations

Apartment · 3 Bed
1,407 sqft · 23 January 2019
AED 1,260,888
AED 896 /sqft
Apartment · 2 Bed
1,049 sqft · 11 December 2018
AED 999,888
AED 953 /sqft
Apartment · 2 Bed
1,045 sqft · 1 November 2018
AED 910,888
AED 871 /sqft
Apartment · 2 Bed
937 sqft · 4 September 2018
AED 798,888
AED 852 /sqft
Apartment · 3 Bed
2,258 sqft · 2 July 2018
AED 1,592,888
AED 705 /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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