Building · Transactions · 2024

MAG 980 Property Transactions 2024

20 property sales worth ⃃ 16.27M were registered in MAG 980 in 2024, 9.1% lower than 2023 by number of sales. The median sale price was ⃃ 650,000 and the median price per square foot ⃃ 1,586 (+7.1% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 20 salesUpdated: 18 Oct 2026
Property sales
20
−9.1% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 16.27M
−10.2% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 650,000
+8.3% vs 2023
20 sales
Median price per sq ft
⃃ 1,586
+7.1% vs 2023
20 sales

What types of property sold in MAG 980 in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments20100%⃃ 16.27M⃃ 650,000⃃ 1,586

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)210%⃃ 2.25M⃃ 1,122,600⃃ 1,416
Resale (secondary)1890%⃃ 14.03M⃃ 645,000⃃ 1,586
Off-plan1050%⃃ 7.96M⃃ 625,000⃃ 1,566
Ready1050%⃃ 8.31M⃃ 730,000⃃ 1,722

How many rental contracts were registered in MAG 980 in 2024?

8 rental contracts (new and renewed) were registered in MAG 980 in 2024, at a median annual rent of ⃃ 54,850. Rental yields in MAG 980

What were the most expensive property sales in MAG 980 in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
15/08/2024MAG 9801 bed · Apartment746 sq ft⃃ 1,428,000Primary · Off-plan
22/04/2024MAG 9801 bed · Apartment890 sq ft⃃ 1,375,000Resale · Off-plan
23/12/2024MAG 9801 bed · Apartment746 sq ft⃃ 1,350,000Resale · Ready
22/08/2024MAG 9801 bed · Apartment861 sq ft⃃ 1,300,000Resale · Ready
11/09/2024MAG 980Studio · Apartment410 sq ft⃃ 896,280Resale · Ready
10/01/2024MAG 9801 bed · Apartment890 sq ft⃃ 817,200Primary · Off-plan
13/11/2024MAG 980Studio · Apartment407 sq ft⃃ 787,950Resale · Ready
12/12/2024MAG 980Studio · Apartment410 sq ft⃃ 740,000Resale · Ready
23/12/2024MAG 980Studio · Apartment410 sq ft⃃ 720,000Resale · Ready
07/11/2024MAG 980Studio · Apartment391 sq ft⃃ 650,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
23/12/2024MAG 9801 bed · Apartment746 sq ft⃃ 1,350,000Resale · Ready
23/12/2024MAG 980Studio · Apartment410 sq ft⃃ 720,000Resale · Ready
12/12/2024MAG 980Studio · Apartment410 sq ft⃃ 740,000Resale · Ready
09/12/2024MAG 980Studio · Apartment385 sq ft⃃ 650,000Resale · Ready
04/12/2024MAG 980Studio · Apartment391 sq ft⃃ 600,000Resale · Ready
13/11/2024MAG 980Studio · Apartment407 sq ft⃃ 787,950Resale · Ready
07/11/2024MAG 980Studio · Apartment391 sq ft⃃ 650,000Resale · Ready
16/09/2024MAG 980Studio · Apartment391 sq ft⃃ 620,000Resale · Ready
11/09/2024MAG 980Studio · Apartment410 sq ft⃃ 896,280Resale · Ready
22/08/2024MAG 9801 bed · Apartment861 sq ft⃃ 1,300,000Resale · 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-980/2024
MAG 980 Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/mag-980/2024

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 980 in 2024?
20 property sales worth ⃃ 16,274,430 were registered in MAG 980 in 2024. That is 9.1% lower than 2023.
What was the median property price in MAG 980 in 2024?
The median sale price was ⃃ 650,000 and the median price per square foot ⃃ 1,586 (1 Jan – 31 Dec 2024).
What share of 2024 sales in MAG 980 were off-plan or from developers?
Developer (primary) sales were 10% of the 20 sales and resales 90%. Off-plan units made up 50% and ready units 50%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/mag-980/2024