Dubai Land Department Off-Plan Register

Mag218 Launch Prices

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

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At a glance

Launch Summary

102 developer launch sales registered at Mag218 between Jul 2009 and Nov 2010: 100% apartments, most commonly 1-bed units, typically around 886 sqft.

Launch sales
102
DLD off-plan registrations, all time
Median launch /sqft
AED 805
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 608,3701,850,903
Min – max registered

Bed mix: 1-bed 74% · 2-bed 26%.

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 Mag218, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2009 Q340AED 794
2009 Q42AED 831
2010 Q13AED 870
2010 Q214AED 762
2010 Q330AED 824
2010 Q413AED 899
Two different markets

Launch vs Resale

Mag218 also has 1,278 ready-market resales registered with the DLD, the first on 16 December 2010 - 17 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
1,278
67 in the last 2 years
Resale median /sqft
AED 1,321
last 2 years
Resale vs launch
+64%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Mag218 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
886 sqft · 29 November 2010
AED 636,775
AED 719 /sqft
Apartment · 1 Bed
844 sqft · 25 October 2010
AED 706,593
AED 837 /sqft
Apartment · 2 Bed
1,742 sqft · 20 October 2010
AED 1,138,300
AED 653 /sqft
Apartment · 2 Bed
1,760 sqft · 20 October 2010
AED 1,190,210
AED 676 /sqft
Apartment · 1 Bed
908 sqft · 20 October 2010
AED 839,218
AED 924 /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 Dubai Marina

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

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