Dubai Land Department Off-Plan Register

Mag Eye 920 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

130 developer launch sales registered at Mag Eye 920 between Mar 2019 and May 2024: 100% apartments, most commonly studio units, typically around 417 sqft.

Launch sales
130
DLD off-plan registrations, all time
Median launch /sqft
AED 1,041
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 399,8401,200,000
Min – max registered

Bed mix: Studio 68% · 1-bed 32%.

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 Eye 920, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2019 Q11AED 1,036
2019 Q217AED 1,027
2019 Q317AED 1,036
2019 Q44AED 1,034
2020 Q29AED 1,030
2020 Q32AED 1,082
2020 Q424AED 1,051
2021 Q110AED 1,038
2021 Q21AED 1,287
2021 Q38AED 1,027
2021 Q49AED 1,030
2022 Q14AED 1,282
2022 Q25AED 1,304
2022 Q32AED 1,273
2022 Q43AED 1,322
2023 Q12AED 1,205
2023 Q22AED 1,321
2023 Q32AED 1,611
2023 Q44AED 1,342
2024 Q12AED 1,601
2024 Q22AED 1,377
Two different markets

Launch vs Resale

Mag Eye 920 also has 28 ready-market resales registered with the DLD, the first on 18 October 2024 - 67 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
28
28 in the last 2 years
Resale median /sqft
AED 1,676
last 2 years
Resale vs launch
+61%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Mag Eye 920 →

The latest launch sales

Recent Launch Registrations

Apartment · Studio
417 sqft · 7 May 2024
AED 655,000
AED 1,571 /sqft
Apartment · Studio
415 sqft · 23 April 2024
AED 490,000
AED 1,182 /sqft
Apartment · Studio
416 sqft · 1 March 2024
AED 686,702
AED 1,651 /sqft
Apartment · Studio
416 sqft · 8 February 2024
AED 645,000
AED 1,551 /sqft
Apartment · 1 Bed
802 sqft · 28 November 2023
AED 1,000,000
AED 1,247 /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

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