Mag 545 Launch Prices
Off-plan in Dubai South · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
61 developer launch sales registered at Mag 545 between Jun 2016 and Oct 2019: 100% apartments, most commonly 1-bed units, typically around 638 sqft.
Bed mix: Studio 15% · 1-bed 79% · 2-bed 7%.
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 545, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2016 Q2 | 1 | AED 833 |
| 2016 Q3 | 16 | AED 822 |
| 2016 Q4 | 11 | AED 816 |
| 2017 Q1 | 13 | AED 801 |
| 2017 Q3 | 4 | AED 786 |
| 2017 Q4 | 3 | AED 879 |
| 2018 Q1 | 1 | AED 767 |
| 2018 Q2 | 3 | AED 801 |
| 2018 Q3 | 2 | AED 861 |
| 2018 Q4 | 4 | AED 841 |
| 2019 Q1 | 1 | AED 783 |
| 2019 Q2 | 1 | AED 838 |
| 2019 Q4 | 1 | AED 817 |
Launch vs Resale
Mag 545 also has 37 ready-market resales registered with the DLD, the first on 25 July 2019 - 37 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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