Mag 555 Launch Prices
Off-plan in Dubai South · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
112 developer launch sales registered at Mag 555 between Jul 2017 and Sept 2020: 100% apartments, most commonly studio units, typically around 436 sqft.
Bed mix: Studio 52% · 1-bed 39% · 2-bed 9%.
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 555, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2017 Q3 | 26 | AED 914 |
| 2017 Q4 | 25 | AED 917 |
| 2018 Q1 | 18 | AED 910 |
| 2018 Q2 | 6 | AED 888 |
| 2018 Q3 | 4 | AED 892 |
| 2018 Q4 | 3 | AED 922 |
| 2019 Q1 | 1 | AED 893 |
| 2019 Q2 | 6 | AED 902 |
| 2019 Q3 | 11 | AED 915 |
| 2019 Q4 | 5 | AED 897 |
| 2020 Q1 | 6 | AED 927 |
| 2020 Q3 | 1 | AED 905 |
Launch vs Resale
Mag 555 also has 60 ready-market resales registered with the DLD, the first on 16 December 2019 - 29 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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