Mag 560 Launch Prices
Off-plan in Dubai South · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
109 developer launch sales registered at Mag 560 between Jul 2017 and Sept 2020: 100% apartments, most commonly studio units, typically around 478 sqft.
Bed mix: Studio 49% · 1-bed 43% · 2-bed 8%.
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 560, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2017 Q3 | 25 | AED 915 |
| 2017 Q4 | 14 | AED 915 |
| 2018 Q1 | 18 | AED 886 |
| 2018 Q2 | 16 | AED 874 |
| 2018 Q3 | 5 | AED 899 |
| 2018 Q4 | 4 | AED 884 |
| 2019 Q1 | 2 | AED 908 |
| 2019 Q2 | 7 | AED 915 |
| 2019 Q3 | 9 | AED 931 |
| 2019 Q4 | 3 | AED 932 |
| 2020 Q1 | 4 | AED 900 |
| 2020 Q2 | 1 | AED 826 |
| 2020 Q3 | 1 | AED 771 |
Launch vs Resale
Mag 560 also has 83 ready-market resales registered with the DLD, the first on 21 July 2020 - 36 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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