Mag 980 Launch Prices
Off-plan in Hadaeq Sheikh Mohammed bin Rashid - District 7 · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
141 developer launch sales registered at Mag 980 between Jan 2021 and Sept 2024: 100% apartments, most commonly studio units, typically around 417 sqft.
Bed mix: Studio 77% · 1-bed 23%.
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 980, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2021 Q1 | 42 | AED 1,010 |
| 2021 Q2 | 12 | AED 1,082 |
| 2021 Q3 | 20 | AED 1,151 |
| 2021 Q4 | 11 | AED 1,130 |
| 2022 Q1 | 9 | AED 1,407 |
| 2022 Q2 | 5 | AED 1,457 |
| 2022 Q3 | 1 | AED 1,497 |
| 2022 Q4 | 6 | AED 1,504 |
| 2023 Q1 | 7 | AED 1,497 |
| 2023 Q2 | 8 | AED 1,389 |
| 2023 Q3 | 3 | AED 1,362 |
| 2023 Q4 | 4 | AED 1,496 |
| 2024 Q1 | 3 | AED 1,543 |
| 2024 Q2 | 3 | AED 1,523 |
| 2024 Q3 | 7 | AED 1,566 |
Launch vs Resale
Mag 980 also has 31 ready-market resales registered with the DLD, the first on 7 November 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.
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 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