Dubai Land Department Off-Plan Register

Park Gate Residences 4 Launch Prices

Off-plan in Wasl 1 · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

182 developer launch sales registered at Park Gate Residences 4 between Jan 2018 and Nov 2020: 100% apartments, most commonly 2-bed units, typically around 1,594 sqft.

Launch sales
182
DLD off-plan registrations, all time
Median launch /sqft
AED 1,333
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,334,00011,292,000
Min – max registered

Bed mix: 1-bed 20% · 2-bed 56% · 3-bed 23% · 4+-bed 2%.

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 Park Gate Residences 4, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2018 Q1134AED 1,312
2018 Q224AED 1,457
2018 Q32AED 1,382
2019 Q11AED 1,522
2019 Q32AED 1,513
2019 Q45AED 1,260
2020 Q22AED 1,354
2020 Q37AED 1,232
2020 Q45AED 1,155
Two different markets

Launch vs Resale

Park Gate Residences 4 also has 74 ready-market resales registered with the DLD, the first on 24 May 2021 - 40 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
74
24 in the last 2 years
Resale median /sqft
AED 1,926
last 2 years
Resale vs launch
+44%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Park Gate Residences 4 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,555 sqft · 16 November 2020
AED 1,640,000
AED 1,054 /sqft
Apartment · 2 Bed
1,573 sqft · 11 November 2020
AED 2,000,000
AED 1,271 /sqft
Apartment · 2 Bed
1,555 sqft · 9 November 2020
AED 1,700,000
AED 1,093 /sqft
Apartment · 1 Bed
999 sqft · 26 October 2020
AED 1,587,000
AED 1,589 /sqft
Apartment · 3 Bed
2,165 sqft · 26 October 2020
AED 2,500,000
AED 1,155 /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 Wasl 1

Compare this project with every other off-plan launch registered in Wasl 1, or see the community's resale market.

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