Project · Transactions · 2023

Emirates Garden 2 - Magnolia Property Transactions 2023

17 property sales worth ⃃ 11.32M were registered in Emirates Garden 2 - Magnolia in 2023, 30.8% higher than 2022 by number of sales. The median sale price was ⃃ 540,000 and the median price per square foot ⃃ 619 (+12.8% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 17 salesUpdated: 19 Oct 2026
Property sales
17
+30.8% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 11.32M
+120.1% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 540,000
+80.0% vs 2022
17 sales
Median price per sq ft
⃃ 619
+12.8% vs 2022
17 sales

What types of property sold in Emirates Garden 2 - Magnolia in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1588.2%⃃ 7.8M⃃ 425,000⃃ 604
Commercial211.8%⃃ 3.52M⃃ 1,761,000⃃ 853

How were 2023 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Resale (secondary)17100%⃃ 11.32M⃃ 540,000⃃ 619
Ready17100%⃃ 11.32M⃃ 540,000⃃ 619

How many rental contracts were registered in Emirates Garden 2 - Magnolia in 2023?

169 rental contracts (new and renewed) were registered in Emirates Garden 2 - Magnolia in 2023, at a median annual rent of ⃃ 40,000 (+14.3% on 2022). Rental yields in Emirates Garden 2 - Magnolia

What were the most expensive property sales in Emirates Garden 2 - Magnolia in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
11/07/2023Emirates Garden 2 - Magnolia 2Commercial2,388 sq ft⃃ 2,000,000Resale · Ready
11/07/2023Emirates Garden 2 - Magnolia 2Commercial1,751 sq ft⃃ 1,522,000Resale · Ready
18/05/2023Emirates Garden 2 - Magnolia 22 beds · Apartment2,083 sq ft⃃ 1,110,000Resale · Ready
12/09/2023Emirates Garden 2 - Magnolia 12 beds · Apartment1,951 sq ft⃃ 1,000,000Resale · Ready
24/07/2023Emirates Garden 2 - Magnolia 11 bed · Apartment952 sq ft⃃ 575,000Resale · Ready
14/12/2023Emirates Garden 2 - Magnolia 11 bed · Apartment913 sq ft⃃ 565,000Resale · Ready
12/09/2023Emirates Garden 2 - Magnolia 21 bed · Apartment1,055 sq ft⃃ 550,000Resale · Ready
01/08/2023Emirates Garden 2 - Magnolia 21 bed · Apartment1,006 sq ft⃃ 540,000Resale · Ready
15/06/2023Emirates Garden 2 - Magnolia 11 bed · Apartment1,091 sq ft⃃ 540,000Resale · Ready
11/08/2023Emirates Garden 2 - Magnolia 2Studio · Apartment604 sq ft⃃ 425,000Resale · Ready

What were the last registered sales of 2023?

No transactions on record for this selection.

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2023 with the whole of 2022.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/emirates-garden-2-magnolia/2023
Emirates Garden 2 - Magnolia Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/emirates-garden-2-magnolia/2023

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Emirates Garden 2 - Magnolia in 2023?
17 property sales worth ⃃ 11,322,500 were registered in Emirates Garden 2 - Magnolia in 2023. That is 30.8% higher than 2022.
What was the median property price in Emirates Garden 2 - Magnolia in 2023?
The median sale price was ⃃ 540,000 and the median price per square foot ⃃ 619 (1 Jan – 31 Dec 2023).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/emirates-garden-2-magnolia/2023