Project · Transactions · 2024

MAG 318 Property Transactions 2024

30 property sales worth ⃃ 35.27M were registered in MAG 318 in 2024, 26.8% lower than 2023 by number of sales. The median sale price was ⃃ 1,040,000 and the median price per square foot ⃃ 2,317 (+7.0% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 30 salesUpdated: 17 Oct 2026
Property sales
30
−26.8% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 35.27M
−11.6% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 1,040,000
+9.5% vs 2023
30 sales
Median price per sq ft
⃃ 2,317
+7.0% vs 2023
30 sales

What types of property sold in MAG 318 in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments30100%⃃ 35.27M⃃ 1,040,000⃃ 2,317

How were 2024 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)30100%⃃ 35.27M⃃ 1,040,000⃃ 2,317
Ready30100%⃃ 35.27M⃃ 1,040,000⃃ 2,317

How many rental contracts were registered in MAG 318 in 2024?

287 rental contracts (new and renewed) were registered in MAG 318 in 2024, at a median annual rent of ⃃ 80,000 (+6.7% on 2023). Rental yields in MAG 318

What were the most expensive property sales in MAG 318 in 2024?

The ten highest registered sale prices in the year.

No transactions on record for this selection.

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
30/12/2024MAG 318Studio · Apartment432 sq ft⃃ 1,030,000Resale · Ready
19/12/2024MAG 318Studio · Apartment433 sq ft⃃ 1,100,000Resale · Ready
12/11/2024MAG 318Studio · Apartment446 sq ft⃃ 1,040,000Resale · Ready
30/10/2024MAG 3181 bed · Apartment819 sq ft⃃ 1,655,000Resale · Ready
15/10/2024MAG 318Studio · Apartment440 sq ft⃃ 1,250,000Resale · Ready
11/09/2024MAG 318Studio · Apartment440 sq ft⃃ 1,070,000Resale · Ready
05/09/2024MAG 3182 beds · Apartment1,043 sq ft⃃ 2,270,000Resale · Ready
28/08/2024MAG 318Studio · Apartment441 sq ft⃃ 1,030,000Resale · Ready
21/08/2024MAG 318Studio · Apartment432 sq ft⃃ 1,050,000Resale · Ready
13/08/2024MAG 3182 beds · Apartment967 sq ft⃃ 1,880,000Resale · Ready

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 2024 with the whole of 2023.
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/mag-318/2024
MAG 318 Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/mag-318/2024

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 MAG 318 in 2024?
30 property sales worth ⃃ 35,275,000 were registered in MAG 318 in 2024. That is 26.8% lower than 2023.
What was the median property price in MAG 318 in 2024?
The median sale price was ⃃ 1,040,000 and the median price per square foot ⃃ 2,317 (1 Jan – 31 Dec 2024).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/mag-318/2024