Building · Transactions · 2020

MAG 565 Property Transactions 2020

20 property sales worth ⃃ 7.34M were registered in MAG 565 in 2020, 16.7% lower than 2019 by number of sales. The median sale price was ⃃ 363,894 and the median price per square foot ⃃ 744 (−18.6% on 2019).

Period: 1 Jan – 31 Dec 2020Compared with: 2019Sample: 20 salesUpdated: 18 Oct 2026
Property sales
20
−16.7% vs 2019
1 Jan – 31 Dec 2020
Total value
⃃ 7.34M
−27.7% vs 2019
1 Jan – 31 Dec 2020
Median sale price
⃃ 363,894
−5.7% vs 2019
20 sales
Median price per sq ft
⃃ 744
−18.6% vs 2019
20 sales

What types of property sold in MAG 565 in 2020?

1 Jan – 31 Dec 2020

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments20100%⃃ 7.34M⃃ 363,894⃃ 744

How were 2020 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)1470%⃃ 5.89M⃃ 398,925⃃ 838
Resale (secondary)630%⃃ 1.45M⃃ 250,000⃃ 643
Off-plan15%⃃ 360K⃃ 360,288⃃ 881
Ready1995%⃃ 6.98M⃃ 367,500⃃ 744

How many rental contracts were registered in MAG 565 in 2020?

54 rental contracts (new and renewed) were registered in MAG 565 in 2020, at a median annual rent of ⃃ 22,000. Rental yields in MAG 565

What were the most expensive property sales in MAG 565 in 2020?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
15/09/2020MAG 5652 beds · Apartment668 sq ft⃃ 497,000Primary · Ready
02/06/2020MAG 5652 beds · Apartment670 sq ft⃃ 497,000Primary · Ready
08/06/2020MAG 5652 beds · Apartment668 sq ft⃃ 497,000Primary · Ready
02/06/2020MAG 5652 beds · Apartment668 sq ft⃃ 497,000Primary · Ready
02/06/2020MAG 5652 beds · Apartment668 sq ft⃃ 497,000Primary · Ready
22/04/2020MAG 5651 bed · Apartment628 sq ft⃃ 480,000Primary · Ready
11/02/2020MAG 5651 bed · Apartment481 sq ft⃃ 420,000Primary · Ready
24/12/2020MAG 565Studio · Apartment410 sq ft⃃ 377,850Primary · Ready
23/04/2020MAG 565Studio · Apartment365 sq ft⃃ 371,571Primary · Ready
10/02/2020MAG 565Studio · Apartment360 sq ft⃃ 367,500Primary · Ready

What were the last registered sales of 2020?

DatePropertyTypeSizePriceMarket
24/12/2020MAG 565Studio · Apartment410 sq ft⃃ 377,850Primary · Ready
21/12/2020MAG 565Studio · Apartment410 sq ft⃃ 358,950Primary · Ready
23/09/2020MAG 565Studio · Apartment389 sq ft⃃ 250,000Resale · Ready
15/09/2020MAG 5652 beds · Apartment668 sq ft⃃ 497,000Primary · Ready
20/08/2020MAG 565Studio · Apartment437 sq ft⃃ 350,000Primary · Ready
17/08/2020MAG 565Studio · Apartment389 sq ft⃃ 250,000Resale · Ready
23/07/2020MAG 565Studio · Apartment387 sq ft⃃ 250,000Resale · Ready
23/07/2020MAG 565Studio · Apartment387 sq ft⃃ 250,000Resale · Ready
23/07/2020MAG 565Studio · Apartment389 sq ft⃃ 250,000Resale · Ready
08/06/2020MAG 565Studio · Apartment410 sq ft⃃ 200,000Resale · 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 2020 with the whole of 2019.
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-565/2020
MAG 565 Property Transactions 2020. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/mag-565/2020

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 565 in 2020?
20 property sales worth ⃃ 7,342,834 were registered in MAG 565 in 2020. That is 16.7% lower than 2019.
What was the median property price in MAG 565 in 2020?
The median sale price was ⃃ 363,894 and the median price per square foot ⃃ 744 (1 Jan – 31 Dec 2020).
What share of 2020 sales in MAG 565 were off-plan or from developers?
Developer (primary) sales were 70% of the 20 sales and resales 30%. Off-plan units made up 5% and ready units 95%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/mag-565/2020