Mag 565 Launch Prices
Off-plan in Dubai South · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
114 developer launch sales registered at Mag 565 between Oct 2017 and Sept 2021: 100% apartments, most commonly studio units, typically around 436 sqft.
Bed mix: Studio 54% · 1-bed 37% · 2-bed 10%.
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 565, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2017 Q4 | 10 | AED 923 |
| 2018 Q1 | 20 | AED 959 |
| 2018 Q2 | 32 | AED 893 |
| 2018 Q3 | 17 | AED 883 |
| 2018 Q4 | 3 | AED 831 |
| 2019 Q2 | 9 | AED 906 |
| 2019 Q3 | 9 | AED 923 |
| 2019 Q4 | 6 | AED 914 |
| 2020 Q1 | 4 | AED 879 |
| 2020 Q2 | 3 | AED 744 |
| 2021 Q3 | 1 | AED 853 |
Launch vs Resale
Mag 565 also has 75 ready-market resales registered with the DLD, the first on 8 June 2020 - 32 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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