Palm Jumeirah AED 3,579/sqftDubai Maritime City AED 3,144/sqftDowntown Dubai AED 2,928/sqftDubai Islands AED 2,766/sqftDubai Creek Harbour AED 2,566/sqftBusiness Bay AED 2,524/sqftDubai Marina AED 2,491/sqftDubai Hills Estate AED 2,445/sqftJumeirah Lakes Towers AED 2,293/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,662/sqftDubai South AED 1,650/sqftArjan AED 1,591/sqftJumeirah Village Circle AED 1,496/sqftDubai Sports City AED 1,326/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,579/sqftDubai Maritime City AED 3,144/sqftDowntown Dubai AED 2,928/sqftDubai Islands AED 2,766/sqftDubai Creek Harbour AED 2,566/sqftBusiness Bay AED 2,524/sqftDubai Marina AED 2,491/sqftDubai Hills Estate AED 2,445/sqftJumeirah Lakes Towers AED 2,293/sqftMohammed Bin Rashid City AED 2,098/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,662/sqftDubai South AED 1,650/sqftArjan AED 1,591/sqftJumeirah Village Circle AED 1,496/sqftDubai Sports City AED 1,326/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO SEP 2026

Dubai Land Department register

House of Well

Under constructionPalm DeiraCompletion on file May 2027

77 homes on the DLD register in Palm Deira, filed by Well Concept Real Estate Development L.L.C. 42 sales have been registered against it between 28 Apr 2025 and 28 Sep 2026.

Construction completeUnder construction

Recorded at DLD's site inspection of 24 Jun 2026. That is an inspector's last visit, not today — the site has moved on since.

Developer entityWell Concept Real Estate Development L.L.C
Area (DLD)Palm Deira
StatusUnder construction
Homes77
Registered sales42
Project registry

THE DLD RECORD

Registry as at 15 Jun 2026
Registered developer entityWell Concept Real Estate Development L.L.C
Area (DLD)Palm Deira
Master communityPalm Deira
Project statusUnder construction
Construction progress6.66% complete (DLD inspection, 24 Jun 2026)
Homes registered77
Buildings—
Registered start20 Sep 2025
Registered completion date30 May 2027
DLD project number4072
Description as recorded by DLD

G+2P+10 Residential Building

Reproduced from the register verbatim, including its own abbreviations. It is the developer’s filed description, not our assessment of the project.

Project escrow account
Escrow trustee bankUnited Bank Limited (Management Office)
Escrow account200885315

Under Dubai Law No. 8 of 2007 every payment on a registered off-plan project goes into that project’s escrow account, held at a DLD-approved trustee bank and released to the developer against verified construction progress — not to the developer direct and not to a broker. Check these details in DLD’s own Dubai REST app against the project number above before you transfer anything, and treat any account number that differs from the one DLD shows as a reason to stop. Substituted account details are a known fraud in this market. Reproduced from the DLD register as at 27 Sep 2026; account details can change, and DLD’s record is the authority, not this page.

Source: Dubai Land Department project register. The developer, area, counts and filed dates are as recorded at 15 Jun 2026; the project status and escrow details as at 27 Sep 2026. Construction progress carries the date of the DLD site inspection that produced it, which is a different date again and is stated on the row — where the register holds no dated inspection, no percentage is published rather than an undated one. “Registered completion date” is the completion date on file at DLD; it is a date on record, not a guarantee of handover, and where that date has already passed it means only that the register has not been updated, not that the project handed over. Homes counted as registered apartments plus registered villas. Figures on this panel are the registry’s, and are stated as at different dates from the transaction figures elsewhere on the page. Registered completion: May 2027.

Registered sales

REGISTERED SALE PRICES

DLD register · as at 28 Sep 2026

42 sales were registered against House of Well between 9 Jan 2026 and 12 Aug 2026 — a span of 7 months. Those are completed registrations at the Dubai Land Department, not asking prices or listings.

Median AED/sqft
847
Across 42 registered sales
Median price
AED 742k
Median size 864 sqft
Registered sales
42
Register covers 28 Apr 2025 to 28 Sep 2026
Vs area median
-69.5%
Palm Deira: 2,778 AED/sqft, 4,442 sales, off-plan only, 12 months to 28 Sep 2026

The two figures behind that percentage are not drawn on the same population. This project’s median covers every registration type across the whole register we hold (28 Apr 2025 to 28 Sep 2026). The area figure covers off-plan only in Palm Deira over the 12 months to 28 Sep 2026, pooled on the transaction register’s own area name, which does not always match the project register’s name shown above. Unit mix, floor level and view are not controlled for on either side, and neither is use class: DLD registers offices and shops as units, so registered retail and office sales are pooled into both figures, and retail trades at a materially higher rate per square foot than residential stock in the same building. In sectors where commercial space is a large share of what registers, the area figure sits well above the residential rate. Read it as an indication of where this project sits in its area, not as a like-for-like comparison.

Median AED/sqft by quarter

One quarter cleared the 20-sale minimum — Q1 2026, 38 registered sales, median 847 AED/sqft. No other quarter in the window did, so there is no second point to draw a line to and no change to quote.

By unit size
TypeSalesMedian sizeMedian AED/sqft
1 bedroom29816 sqft847
2 bedrooms121,419 sqft847
3 bedrooms1——

A median is shown only where the band reached 5 registered sales and the project itself cleared the 10-sale floor; otherwise the count stands on its own and the median is left blank. Where a project is below that floor, a band median would be the project median under a different heading.

Registration timing
Registration typeSalesMedian AED/sqft
Registered before completion42847
Registered after completion0—

DLD splits registrations by timing: an off-plan registration is entered before the unit legally completes, an existing registration after. Where both appear, the gap between them reflects that difference as much as any movement in value. A median is shown on each side only where the band reached 5 registered sales and the project itself cleared the 10-sale floor — below that floor the counts stand alone, because where every sale falls on one side its median is the project median restated.

Buildings in the register
BuildingSales
HOUSE OF WELL32
The last 12 registrations to 28 Sep 2026
DateTypeUnitSizePriceAED/sqft
12 Aug 2026Off-plan3 bedrooms1,881 sqftAED 3,220,9701,712
10 Jun 2026Off-plan1 bedroom731 sqftAED 1,352,6811,850
6 May 2026Off-plan1 bedroom864 sqftAED 1,967,6902,279
6 May 2026Off-plan1 bedroom938 sqftAED 2,100,9542,240
18 Mar 2026Off-plan1 bedroom731 sqftAED 1,500,7962,053
16 Jan 2026Off-plan1 bedroom790 sqftAED 1,406,4891,780
16 Jan 2026Off-plan1 bedroom864 sqftAED 1,513,9491,753
12 Jan 2026Off-plan2 bedrooms1,428 sqftAED 1,210,120847
12 Jan 2026Off-plan1 bedroom816 sqftAED 691,742847
12 Jan 2026Off-plan2 bedrooms1,342 sqftAED 1,136,715847
12 Jan 2026Off-plan1 bedroom816 sqftAED 691,683847
12 Jan 2026Off-plan1 bedroom731 sqftAED 619,591847

Basis: Dubai Land Department transaction register, arm’s-length sales of units and villas only. Gifts, mortgage registrations, zero-price rows, land plots and whole-building transfers are excluded, as are AED/sqft values outside 100–20,000. Figures are medians, not averages. The register we hold runs from 28 Apr 2025 to 28 Sep 2026; 28 Apr 2025 is the earliest date in our copy of the register, not the date this project started selling, so the counts above are of sales registered in that window rather than since launch. This page is a dated extract taken on 29 Sep 2026, not a live query. Past registered prices are evidence of what has been paid, not a forecast of future value.

Next step

ASK US ABOUT HOUSE OF WELL

This page is the public register — the project record as at 15 Jun 2026, and the transaction register to 28 Sep 2026.

  • AVAILABILITY

    On the register

    77 homes

    From the DLD project record as at 15 Jun 2026, filed at status “Under construction” as at 27 Sep 2026.

    Not on the register

    What is available now

  • PRICE

    On the register

    42 registered sales

    Prices already paid, registered between 28 Apr 2025 and 28 Sep 2026.

    Not on the register

    At what price

  • PAYMENT TERMS

    On the register

    —

    The DLD project register carries no payment-plan data of any kind.

    Not on the register

    On what payment terms

  • THE SPECIFIC UNIT

    On the register

    12 recent registrations

    Listed above with date, size, price and AED per square foot.

    Not on the register

    How the specific unit compares with the ones already registered

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