Dubai Land Department Off-Plan Register

Mag 525 Launch Prices

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

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At a glance

Launch Summary

88 developer launch sales registered at Mag 525 between Jan 2017 and Sept 2020: 100% apartments, most commonly 1-bed units, typically around 641 sqft.

Launch sales
88
DLD off-plan registrations, all time
Median launch /sqft
AED 846
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 395,5551,395,000
Min – max registered

Bed mix: Studio 14% · 1-bed 73% · 2-bed 13% · 3-bed 1%.

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 Mag 525, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2017 Q119AED 835
2017 Q218AED 844
2017 Q314AED 862
2017 Q48AED 847
2018 Q18AED 843
2018 Q23AED 835
2018 Q31AED 684
2018 Q47AED 863
2019 Q15AED 863
2019 Q22AED 855
2019 Q31AED 826
2019 Q41AED 868
2020 Q31AED 828
Two different markets

Launch vs Resale

Mag 525 also has 47 ready-market resales registered with the DLD, the first on 29 August 2019 - 31 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
47
20 in the last 2 years
Resale median /sqft
AED 990
last 2 years
Resale vs launch
+17%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Mag 525 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
641 sqft · 10 September 2020
AED 530,555
AED 828 /sqft
Apartment · 1 Bed
638 sqft · 1 October 2019
AED 553,500
AED 868 /sqft
Apartment · 1 Bed
641 sqft · 9 September 2019
AED 529,200
AED 826 /sqft
Apartment · 1 Bed
663 sqft · 26 June 2019
AED 560,555
AED 846 /sqft
Apartment · 1 Bed
638 sqft · 2 April 2019
AED 550,555
AED 863 /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 South

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

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