Building · Transactions · 2019

MAG 555 Property Transactions 2019

26 property sales worth ⃃ 11.08M were registered in MAG 555 in 2019, 10.3% lower than 2018 by number of sales. The median sale price was ⃃ 400,000 and the median price per square foot ⃃ 910 (−0.8% on 2018).

Period: 1 Jan – 31 Dec 2019Compared with: 2018Sample: 26 salesUpdated: 19 Oct 2026
Property sales
26
−10.3% vs 2018
1 Jan – 31 Dec 2019
Total value
⃃ 11.08M
−7.9% vs 2018
1 Jan – 31 Dec 2019
Median sale price
⃃ 400,000
0.0% vs 2018
26 sales
Median price per sq ft
⃃ 910
−0.8% vs 2018
26 sales

What types of property sold in MAG 555 in 2019?

1 Jan – 31 Dec 2019

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments26100%⃃ 11.08M⃃ 400,000⃃ 910

How were 2019 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)26100%⃃ 11.08M⃃ 400,000⃃ 910
Off-plan26100%⃃ 11.08M⃃ 400,000⃃ 910

How many rental contracts were registered in MAG 555 in 2019?

10 rental contracts (new and renewed) were registered in MAG 555 in 2019, at a median annual rent of ⃃ 25,000. Rental yields in MAG 555

What were the most expensive property sales in MAG 555 in 2019?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
01/10/2019MAG 5552 beds · Apartment666 sq ft⃃ 600,000Primary · Off-plan
22/10/2019MAG 5552 beds · Apartment666 sq ft⃃ 594,950Primary · Off-plan
16/12/2019MAG 5551 bed · Apartment638 sq ft⃃ 535,000Primary · Off-plan
30/07/2019MAG 5551 bed · Apartment638 sq ft⃃ 508,444Primary · Off-plan
12/06/2019MAG 5551 bed · Apartment629 sq ft⃃ 504,000Primary · Off-plan
07/11/2019MAG 5552 beds · Apartment665 sq ft⃃ 497,000Primary · Off-plan
30/07/2019MAG 5551 bed · Apartment657 sq ft⃃ 490,000Primary · Off-plan
27/08/2019MAG 5551 bed · Apartment622 sq ft⃃ 486,445Primary · Off-plan
03/03/2019MAG 5551 bed · Apartment514 sq ft⃃ 485,000Primary · Off-plan
10/06/2019MAG 5551 bed · Apartment638 sq ft⃃ 480,000Primary · Off-plan

What were the last registered sales of 2019?

DatePropertyTypeSizePriceMarket
16/12/2019MAG 5551 bed · Apartment638 sq ft⃃ 535,000Primary · Off-plan
24/11/2019MAG 5551 bed · Apartment478 sq ft⃃ 440,000Primary · Off-plan
07/11/2019MAG 555Studio · Apartment437 sq ft⃃ 392,000Primary · Off-plan
07/11/2019MAG 5552 beds · Apartment665 sq ft⃃ 497,000Primary · Off-plan
22/10/2019MAG 5552 beds · Apartment666 sq ft⃃ 594,950Primary · Off-plan
01/10/2019MAG 5552 beds · Apartment666 sq ft⃃ 600,000Primary · Off-plan
24/09/2019MAG 555Studio · Apartment360 sq ft⃃ 325,000Primary · Off-plan
24/09/2019MAG 555Studio · Apartment387 sq ft⃃ 360,000Primary · Off-plan
05/09/2019MAG 555Studio · Apartment437 sq ft⃃ 402,000Primary · Off-plan
27/08/2019MAG 5551 bed · Apartment622 sq ft⃃ 486,445Primary · 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 2019 with the whole of 2018.
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-555/2019
MAG 555 Property Transactions 2019. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-transactions/mag-555/2019

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 555 in 2019?
26 property sales worth ⃃ 11,081,116 were registered in MAG 555 in 2019. That is 10.3% lower than 2018.
What was the median property price in MAG 555 in 2019?
The median sale price was ⃃ 400,000 and the median price per square foot ⃃ 910 (1 Jan – 31 Dec 2019).

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/mag-555/2019