MAG 545

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by MAG
86
Total Units
76
Sold
AED 540,600
Median Price
AED 830
Median Price /sqft
Construction progress: 100%
Start: Aug, 2015Completion: Feb, 2020

MAG 545 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio12470 sqft - 470 sqftAED 1,750 /sqft
0
1 Bed48630 sqft - 670 sqftAED 0.7M (1,030 /sqft)AED 1,580 /sqft
-34.97
2 Beds24970 sqft - 1,040 sqftAED 1.1M (1,090 /sqft)AED 1,520 /sqft
-28.31
3 Beds22,530 sqft - 2,530 sqftAED 1,510 /sqft
0

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
2Apartment, 1131966 sqft10.11 sqft Check Availability
2Apartment, 1141966 sqft10.11 sqft Check Availability
2Apartment, 20521,005 sqft6.29 sqft Check Availability
2Apartment, 30531,005 sqft6.29 sqft Check Availability
2Apartment, 40541,005 sqft6.29 sqft Check Availability
2Apartment, 50551,008 sqft6.29 sqft Check Availability
2Apartment, 5135966 sqft10.11 sqft Check Availability
2Apartment, 5145966 sqft10.11 sqft Check Availability
3Apartment, G-012,531 sqft108.64 sqft Check Availability
3Apartment, G-022,531 sqft108.58 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment638 sqft6.57 sqft 1AED 650,000AED 1,019 /sqft 20, Sep 2024
1Apartment638 sqft6.57 sqft 1AED 620,000AED 972 /sqft 09, Sep 2026
1Apartment666 sqft6.53 sqft 1AED 535,555AED 804 /sqft 10, Jul 2016
1Apartment666 sqft6.53 sqft 1AED 535,555AED 804 /sqft 10, Jul 2016
1Apartment638 sqft6.34 sqft 1AED 510,555AED 800 /sqft 04, Apr 2018
1Apartment637 sqft6.29 sqft 1AED 510,555AED 801 /sqft 30, Nov 2016
1Apartment634 sqft6.07 sqft 1AED 510,555AED 805 /sqft 30, Nov 2016
1Apartment638 sqft6.12 sqft 1AED 499,999AED 784 /sqft 13, Jul 2017
2Apartment1,040 sqft10.75 sqft 1AED 731,658AED 704 /sqft 20, Dec 2022
2Apartment1,005 sqft6.29 sqft 1AED 622,850AED 620 /sqft 20, Jan 2023
StudioApartment473 sqft6.89 sqft 1AED 383,000AED 810 /sqft 29, Apr 2024
StudioApartment473 sqft6.89 sqft 1AED 366,374AED 775 /sqft 31, Jul 2023
1Apartment638 sqft6.12 sqft 2AED 599,999AED 940 /sqft 13, Jan 2025
1Apartment634 sqft6.07 sqft 2AED 599,999AED 946 /sqft 16, Dec 2024
1Apartment666 sqft6.53 sqft 2AED 535,555AED 804 /sqft 10, Jul 2016

MAG 545 Real Estate Data – FAQ

  • What is the current property supply in MAG 545?

    MAG 545 has a total residential supply of approximately 14 units. This represents completed and available inventory within the area.

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  • How active is the real estate market in MAG 545?

    MAG 545 recorded 5 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in MAG 545?

    The median transaction price in MAG 545 is AED 1,070 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in MAG 545?

    The gross rental yield in MAG 545 is approximately 8%, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in MAG 545?

    Property prices in MAG 545 have shown a capital appreciation of 8% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in MAG 545?

    There are currently 0 active off-plan projects in MAG 545, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in MAG 545?

    The total off-plan pipeline in MAG 545 includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

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  • Is MAG 545 a good area for property investment?

    MAG 545 is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In MAG 545, this is %, indicating relatively strong income performance compared to global markets.

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