Building · Transactions · 2024

MAG 545 Property Transactions 2024

11 property sales worth ⃃ 7.19M were registered in MAG 545 in 2024, 175.0% higher than 2023 by number of sales. The median sale price was ⃃ 599,999 and the median price per square foot ⃃ 933 (+46.0% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 11 salesUpdated: 18 Oct 2026
Property sales
11
+175.0% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 7.19M
+267.9% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 599,999
+24.4% vs 2023
11 sales
Median price per sq ft
⃃ 933
+46.0% vs 2023
11 sales

What types of property sold in MAG 545 in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments11100%⃃ 7.19M⃃ 599,999⃃ 933

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
Primary (developer sales)327.3%⃃ 2.97M⃃ 999,000⃃ 1,034
Resale (secondary)872.7%⃃ 4.22M⃃ 501,757⃃ 830
Ready11100%⃃ 7.19M⃃ 599,999⃃ 933

How many rental contracts were registered in MAG 545 in 2024?

56 rental contracts (new and renewed) were registered in MAG 545 in 2024, at a median annual rent of ⃃ 40,000 (+21.2% on 2023). Rental yields in MAG 545

What were the most expensive property sales in MAG 545 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
14/10/2024MAG 5452 beds · Apartment966 sq ft⃃ 999,000Primary · Ready
25/07/2024MAG 5452 beds · Apartment966 sq ft⃃ 999,000Primary · Ready
01/11/2024MAG 5452 beds · Apartment1,040 sq ft⃃ 970,000Primary · Ready
30/04/2024MAG 5452 beds · Apartment1,040 sq ft⃃ 800,000Resale · Ready
20/09/2024MAG 5451 bed · Apartment638 sq ft⃃ 650,000Resale · Ready
16/12/2024MAG 5451 bed · Apartment634 sq ft⃃ 599,999Resale · Ready
23/09/2024MAG 5451 bed · Apartment637 sq ft⃃ 599,000Resale · Ready
09/05/2024MAG 5451 bed · Apartment638 sq ft⃃ 404,513Resale · Ready
03/10/2024MAG 545Studio · Apartment473 sq ft⃃ 400,000Resale · Ready
21/03/2024MAG 545Studio · Apartment473 sq ft⃃ 385,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
16/12/2024MAG 5451 bed · Apartment634 sq ft⃃ 599,999Resale · Ready
01/11/2024MAG 5452 beds · Apartment1,040 sq ft⃃ 970,000Primary · Ready
14/10/2024MAG 5452 beds · Apartment966 sq ft⃃ 999,000Primary · Ready
03/10/2024MAG 545Studio · Apartment473 sq ft⃃ 400,000Resale · Ready
23/09/2024MAG 5451 bed · Apartment637 sq ft⃃ 599,000Resale · Ready
20/09/2024MAG 5451 bed · Apartment638 sq ft⃃ 650,000Resale · Ready
25/07/2024MAG 5452 beds · Apartment966 sq ft⃃ 999,000Primary · Ready
09/05/2024MAG 5451 bed · Apartment638 sq ft⃃ 404,513Resale · Ready
30/04/2024MAG 5452 beds · Apartment1,040 sq ft⃃ 800,000Resale · Ready
29/04/2024MAG 545Studio · Apartment473 sq ft⃃ 383,000Resale · 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-545/2024
MAG 545 Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/mag-545/2024

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 545 in 2024?
11 property sales worth ⃃ 7,189,512 were registered in MAG 545 in 2024. That is 175.0% higher than 2023.
What was the median property price in MAG 545 in 2024?
The median sale price was ⃃ 599,999 and the median price per square foot ⃃ 933 (1 Jan – 31 Dec 2024).
What share of 2024 sales in MAG 545 were off-plan or from developers?
Developer (primary) sales were 27.3% of the 11 sales and resales 72.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/mag-545/2024