Dubai Land Department Off-Plan Register

Mag 530 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

86 developer launch sales registered at Mag 530 between Jan 2017 and Sept 2019: 100% apartments, most commonly 1-bed units, typically around 640 sqft.

Launch sales
86
DLD off-plan registrations, all time
Median launch /sqft
AED 844
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 398,9331,275,000
Min – max registered

Bed mix: Studio 14% · 1-bed 76% · 2-bed 8% · 3-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 Mag 530, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2017 Q111AED 842
2017 Q215AED 845
2017 Q321AED 842
2017 Q46AED 861
2018 Q16AED 831
2018 Q26AED 851
2018 Q38AED 869
2018 Q46AED 805
2019 Q16AED 836
2019 Q31AED 860
Two different markets

Launch vs Resale

Mag 530 also has 45 ready-market resales registered with the DLD, the first on 15 July 2019 - 30 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
45
17 in the last 2 years
Resale median /sqft
AED 1,041
last 2 years
Resale vs launch
+23%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Mag 530 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
624 sqft · 11 September 2019
AED 536,812
AED 860 /sqft
Apartment · 1 Bed
638 sqft · 14 January 2019
AED 540,000
AED 847 /sqft
Apartment · Studio
476 sqft · 7 January 2019
AED 399,000
AED 838 /sqft
Apartment · 1 Bed
639 sqft · 7 January 2019
AED 532,796
AED 833 /sqft
Apartment · 1 Bed
653 sqft · 3 January 2019
AED 580,000
AED 888 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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Other Off-Plan Projects in Dubai South

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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