Building · Transactions · 2017

MAG 550 Property Transactions 2017

3 property sales worth ⃃ 1.54M were registered in MAG 550 in 2017, 92.3% lower than 2016 by number of sales. The median sale price was ⃃ 515,000 and the median price per square foot ⃃ 807 (−2.0% on 2016).

Period: 1 Jan – 31 Dec 2017Compared with: 2016Sample: 3 salesUpdated: 18 Oct 2026
Property sales
3
−92.3% vs 2016
1 Jan – 31 Dec 2017
Total value
⃃ 1.54M
−92.0% vs 2016
1 Jan – 31 Dec 2017
Median sale price
⃃ 515,000
−1.1% vs 2016
3 sales
Median price per sq ft
⃃ 807
−2.0% vs 2016
3 sales

What types of property sold in MAG 550 in 2017?

1 Jan – 31 Dec 2017

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments3100%⃃ 1.54M⃃ 515,000⃃ 807

How were 2017 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)3100%⃃ 1.54M⃃ 515,000⃃ 807
Off-plan3100%⃃ 1.54M⃃ 515,000⃃ 807

What were the most expensive property sales in MAG 550 in 2017?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
21/11/2017MAG 5501 bed · Apartment638 sq ft⃃ 529,259Primary · Off-plan
29/08/2017MAG 5501 bed · Apartment638 sq ft⃃ 515,000Primary · Off-plan
05/01/2017MAG 5501 bed · Apartment635 sq ft⃃ 499,999Primary · Off-plan

What were the last registered sales of 2017?

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 2017 with the whole of 2016.
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-550/2017
MAG 550 Property Transactions 2017. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/mag-550/2017

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 550 in 2017?
3 property sales worth ⃃ 1,544,258 were registered in MAG 550 in 2017. That is 92.3% lower than 2016.
What was the median property price in MAG 550 in 2017?
The median sale price was ⃃ 515,000 and the median price per square foot ⃃ 807 (1 Jan – 31 Dec 2017).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/mag-550/2017