Mag 530 Launch Prices
Off-plan in Dubai South · Developer launch registrations from the Dubai Land Department off-plan register
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.
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 by Quarter
Median registered launch price per square foot at Mag 530, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2017 Q1 | 11 | AED 842 |
| 2017 Q2 | 15 | AED 845 |
| 2017 Q3 | 21 | AED 842 |
| 2017 Q4 | 6 | AED 861 |
| 2018 Q1 | 6 | AED 831 |
| 2018 Q2 | 6 | AED 851 |
| 2018 Q3 | 8 | AED 869 |
| 2018 Q4 | 6 | AED 805 |
| 2019 Q1 | 6 | AED 836 |
| 2019 Q3 | 1 | AED 860 |
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.
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
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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