Master Project · Transactions · 2022

MAG City Property Transactions 2022

306 property sales worth ⃃ 367.67M were registered in MAG City in 2022, 68.6% lower than 2021 by number of sales. The median sale price was ⃃ 1,153,400 and the median price per square foot ⃃ 1,438 (+31.1% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 306 salesUpdated: 18 Oct 2026
Property sales
306
−68.6% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 367.67M
−70.3% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 1,153,400
−8.8% vs 2021
306 sales
Median price per sq ft
⃃ 1,438
+31.1% vs 2021
306 sales

What types of property sold in MAG City in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments22473.2%⃃ 210.22M⃃ 1,047,500⃃ 1,462

How were 2022 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)21770.9%⃃ 253.77M⃃ 1,153,846⃃ 1,466
Resale (secondary)8929.1%⃃ 113.9M⃃ 1,030,000⃃ 1,315
Off-plan15450.3%⃃ 215.13M⃃ 1,327,732⃃ 1,363
Ready15249.7%⃃ 152.53M⃃ 1,100,000⃃ 1,495

What were the most expensive property sales in MAG City in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
23/02/2022MAG Eye Townhouses4 beds · Townhouse4,391 sq ft⃃ 4,300,000Primary · Off-plan
22/04/2022MAG Eye Townhouses4 beds · Townhouse3,524 sq ft⃃ 4,235,000Primary · Off-plan
17/11/2022MAG Eye Townhouses4 beds · Townhouse4,552 sq ft⃃ 3,792,000Primary · Off-plan
04/11/2022MAG Eye Townhouses4 beds · Townhouse3,099 sq ft⃃ 3,600,000Resale · Off-plan
19/04/2022MAG Eye Townhouses4 beds · Townhouse3,576 sq ft⃃ 3,400,000Resale · Off-plan
17/10/2022MAG Eye Townhouses4 beds · Townhouse3,263 sq ft⃃ 3,400,000Resale · Off-plan
06/01/2022MAG Eye Townhouses4 beds · Townhouse3,281 sq ft⃃ 3,250,000Resale · Off-plan
27/10/2022MAG Eye Townhouses3 beds · Townhouse1,412 sq ft⃃ 2,400,000Resale · Off-plan
02/06/2022MAG Eye Townhouses3 beds · Townhouse1,407 sq ft⃃ 2,350,000Resale · Off-plan
26/05/2022MAG Eye Townhouses3 beds · Townhouse1,392 sq ft⃃ 2,310,000Resale · Off-plan

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
28/12/2022MAG 9701 bed · Apartment797 sq ft⃃ 915,000Resale · Ready
21/12/2022MAG Eye Townhouses2 beds · Townhouse1,187 sq ft⃃ 1,650,000Resale · Off-plan
06/12/2022MAG 930Studio · Apartment418 sq ft⃃ 650,000Resale · Off-plan
05/12/2022MAG 920Studio · Apartment414 sq ft⃃ 550,000Resale · Ready
05/12/2022MAG 9602 beds · Apartment1,268 sq ft⃃ 1,574,776Primary · Ready
25/11/2022MAG 9701 bed · Apartment900 sq ft⃃ 1,371,000Primary · Ready
25/11/2022MAG 9801 bed · Apartment796 sq ft⃃ 1,180,000Primary · Off-plan
23/11/2022MAG 9701 bed · Apartment834 sq ft⃃ 1,272,807Primary · Ready
23/11/2022MAG 9701 bed · Apartment793 sq ft⃃ 1,100,000Primary · Ready
23/11/2022MAG Eye Townhouses2 beds · Townhouse1,205 sq ft⃃ 1,700,000Resale · 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 2022 with the whole of 2021.
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-city/2022
MAG City Property Transactions 2022. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/mag-city/2022

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 City in 2022?
306 property sales worth ⃃ 367,667,892 were registered in MAG City in 2022. That is 68.6% lower than 2021.
What was the median property price in MAG City in 2022?
The median sale price was ⃃ 1,153,400 and the median price per square foot ⃃ 1,438 (1 Jan – 31 Dec 2022).
What share of 2022 sales in MAG City were off-plan or from developers?
Developer (primary) sales were 70.9% of the 306 sales and resales 29.1%. Off-plan units made up 50.3% and ready units 49.7%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/mag-city/2022