Mag 535 Launch Prices
Off-plan in Dubai South · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
83 developer launch sales registered at Mag 535 between Apr 2016 and Apr 2021: 100% apartments, most commonly 1-bed units, typically around 639 sqft.
Bed mix: Studio 13% · 1-bed 58% · 2-bed 28% · 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 by Quarter
Median registered launch price per square foot at Mag 535, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2016 Q2 | 38 | AED 830 |
| 2016 Q3 | 14 | AED 819 |
| 2016 Q4 | 1 | AED 833 |
| 2017 Q1 | 1 | AED 798 |
| 2017 Q2 | 5 | AED 821 |
| 2017 Q4 | 1 | AED 810 |
| 2018 Q1 | 3 | AED 850 |
| 2018 Q2 | 4 | AED 826 |
| 2018 Q3 | 2 | AED 700 |
| 2018 Q4 | 5 | AED 801 |
| 2019 Q1 | 5 | AED 808 |
| 2019 Q3 | 1 | AED 841 |
| 2020 Q3 | 2 | AED 811 |
| 2021 Q2 | 1 | AED 776 |
Launch vs Resale
Mag 535 also has 42 ready-market resales registered with the DLD, the first on 7 July 2020 - 51 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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