Building · Transactions · 2016

MAG 540 Property Transactions 2016

53 property sales worth AED 27.47M were registered in MAG 540 in 2016, with no comparable figure for 2015 by number of sales. The median sale price was AED 549,000 and the median price per square foot AED 852.

Period: 1 Jan – 31 Dec 2016Compared with: 2015Sample: 53 salesUpdated: 19 Oct 2026
Property sales
53
1 Jan – 31 Dec 2016
Total value
AED 27.47M
1 Jan – 31 Dec 2016
Median sale price
AED 549,000
53 sales
Median price per sq ft
AED 852
53 sales

What types of property sold in MAG 540 in 2016?

1 Jan – 31 Dec 2016

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments53100%AED 27.47MAED 549,000AED 852

How were 2016 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
Primary (developer sales)53100%AED 27.47MAED 549,000AED 852
Off-plan53100%AED 27.47MAED 549,000AED 852

What were the most expensive property sales in MAG 540 in 2016?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
19/07/2016MAG 5402 beds · Apartment1,007 sq ftAED 842,707Primary · Off-plan
29/05/2016MAG 5401 bed · Apartment636 sq ftAED 599,000Primary · Off-plan
07/06/2016MAG 5401 bed · Apartment667 sq ftAED 565,957Primary · Off-plan
07/06/2016MAG 5401 bed · Apartment667 sq ftAED 565,957Primary · Off-plan
07/06/2016MAG 5401 bed · Apartment667 sq ftAED 560,957Primary · Off-plan
07/06/2016MAG 5401 bed · Apartment665 sq ftAED 560,957Primary · Off-plan
07/06/2016MAG 5401 bed · Apartment667 sq ftAED 560,957Primary · Off-plan
25/07/2016MAG 5401 bed · Apartment640 sq ftAED 556,432Primary · Off-plan
07/06/2016MAG 5401 bed · Apartment640 sq ftAED 555,957Primary · Off-plan
07/06/2016MAG 5401 bed · Apartment665 sq ftAED 555,957Primary · Off-plan

What were the last registered sales of 2016?

DatePropertyTypeSizePriceMarket
28/09/2016MAG 540Studio · Apartment476 sq ftAED 385,555Primary · Off-plan
28/09/2016MAG 540Studio · Apartment476 sq ftAED 385,555Primary · Off-plan
25/07/2016MAG 5401 bed · Apartment640 sq ftAED 556,432Primary · Off-plan
25/07/2016MAG 540Studio · Apartment476 sq ftAED 380,555Primary · Off-plan
25/07/2016MAG 540Studio · Apartment476 sq ftAED 385,555Primary · Off-plan
19/07/2016MAG 5402 beds · Apartment1,007 sq ftAED 842,707Primary · Off-plan
10/07/2016MAG 540Studio · Apartment476 sq ftAED 405,555Primary · Off-plan
10/07/2016MAG 540Studio · Apartment476 sq ftAED 400,555Primary · Off-plan
10/07/2016MAG 540Studio · Apartment476 sq ftAED 400,555Primary · Off-plan
10/07/2016MAG 540Studio · Apartment476 sq ftAED 400,555Primary · Off-plan

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 2016 with the whole of 2015.
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-540/2016
MAG 540 Property Transactions 2016. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/mag-540/2016

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 540 in 2016?
53 property sales worth AED 27,470,208 were registered in MAG 540 in 2016. That is with no comparable figure for 2015.
What was the median property price in MAG 540 in 2016?
The median sale price was AED 549,000 and the median price per square foot AED 852 (1 Jan – 31 Dec 2016).

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/mag-540/2016