Dubai Land Department Off-Plan Register

Mag 930 Launch Prices

Off-plan in Hadaeq Sheikh Mohammed bin Rashid - District 7 · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

154 developer launch sales registered at Mag 930 between Dec 2020 and Sept 2024: 100% apartments, most commonly studio units, typically around 417 sqft.

Launch sales
154
DLD off-plan registrations, all time
Median launch /sqft
AED 1,223
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 380,0001,535,000
Min – max registered

Bed mix: Studio 83% · 1-bed 17%.

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 history

Launch Price by Quarter

Median registered launch price per square foot at Mag 930, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2020 Q47AED 1,247
2021 Q189AED 1,196
2021 Q24AED 1,189
2021 Q310AED 1,157
2021 Q47AED 1,197
2022 Q12AED 1,470
2022 Q23AED 1,358
2022 Q33AED 1,223
2022 Q41AED 1,559
2023 Q14AED 1,729
2023 Q22AED 1,333
2023 Q33AED 1,295
2023 Q44AED 1,434
2024 Q16AED 1,624
2024 Q25AED 1,574
2024 Q34AED 1,599
Two different markets

Launch vs Resale

Mag 930 also has 26 ready-market resales registered with the DLD, the first on 30 October 2024 - 46 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.

Resales registered
26
26 in the last 2 years
Resale median /sqft
AED 1,760
last 2 years
Resale vs launch
+44%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Mag 930 →

The latest launch sales

Recent Launch Registrations

Apartment · Studio
417 sqft · 17 September 2024
AED 830,000
AED 1,991 /sqft
Apartment · Studio
398 sqft · 29 August 2024
AED 650,000
AED 1,635 /sqft
Apartment · Studio
417 sqft · 23 August 2024
AED 600,000
AED 1,439 /sqft
Apartment · Studio
429 sqft · 8 July 2024
AED 670,000
AED 1,562 /sqft
Apartment · Studio
417 sqft · 27 June 2024
AED 514,040
AED 1,233 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

Compare projects

Other Off-Plan Projects in Hadaeq Sheikh Mohammed bin Rashid - District 7

Off-plan in Hadaeq Sheikh Mohammed bin Rashid - District 7

Compare this project with every other off-plan launch registered in Hadaeq Sheikh Mohammed bin Rashid - District 7, or see the community's resale market.

All Hadaeq Sheikh Mohammed bin Rashid - District 7 projects

← Hadaeq Sheikh Mohammed bin Rashid - District 7 resale prices

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