Project · Transactions · 2022

MAG 318 Property Transactions 2022

41 property sales worth ⃃ 40.89M were registered in MAG 318 in 2022, 70.1% lower than 2021 by number of sales. The median sale price was ⃃ 875,000 and the median price per square foot ⃃ 1,906 (+8.9% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 41 salesUpdated: 13 Nov 2026
Property sales
41
−70.1% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 40.89M
−72.1% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 875,000
+2.2% vs 2021
41 sales
Median price per sq ft
⃃ 1,906
+8.9% vs 2021
41 sales

What types of property sold in MAG 318 in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments41100%⃃ 40.89M⃃ 875,000⃃ 1,906

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)24.9%⃃ 1.85M⃃ 922,855⃃ 1,244
Resale (secondary)3995.1%⃃ 39.04M⃃ 875,000⃃ 1,933
Ready41100%⃃ 40.89M⃃ 875,000⃃ 1,906

How many rental contracts were registered in MAG 318 in 2022?

286 rental contracts (new and renewed) were registered in MAG 318 in 2022, at a median annual rent of ⃃ 70,000 (+16.7% on 2021). Rental yields in MAG 318

What were the most expensive property sales in MAG 318 in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
12/10/2022MAG 3182 beds · Apartment967 sq ft⃃ 2,050,000Resale · Ready
24/08/2022MAG 3182 beds · Apartment1,045 sq ft⃃ 1,800,000Resale · Ready
12/12/2022MAG 3182 beds · Apartment967 sq ft⃃ 1,700,000Resale · Ready
10/01/2022MAG 3181 bed · Apartment819 sq ft⃃ 1,700,000Resale · Ready
16/09/2022MAG 3181 bed · Apartment819 sq ft⃃ 1,490,000Resale · Ready
22/11/2022MAG 3182 beds · Apartment1,044 sq ft⃃ 1,357,005Resale · Ready
21/11/2022MAG 3182 beds · Apartment966 sq ft⃃ 1,337,000Resale · Ready
22/11/2022MAG 3182 beds · Apartment966 sq ft⃃ 1,251,029Resale · Ready
05/12/2022MAG 318Studio · Apartment440 sq ft⃃ 1,100,000Resale · Ready
13/01/2022MAG 3182 beds · Apartment1,602 sq ft⃃ 1,025,000Primary · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
22/12/2022MAG 318Studio · Apartment436 sq ft⃃ 830,000Resale · Ready
12/12/2022MAG 318Studio · Apartment433 sq ft⃃ 900,000Resale · Ready
12/12/2022MAG 3182 beds · Apartment967 sq ft⃃ 1,700,000Resale · Ready
09/12/2022MAG 318Studio · Apartment438 sq ft⃃ 905,000Resale · Ready
07/12/2022MAG 318Studio · Apartment433 sq ft⃃ 900,000Resale · Ready
05/12/2022MAG 318Studio · Apartment440 sq ft⃃ 1,100,000Resale · Ready
22/11/2022MAG 3182 beds · Apartment1,044 sq ft⃃ 1,357,005Resale · Ready
22/11/2022MAG 3182 beds · Apartment966 sq ft⃃ 1,251,029Resale · Ready
21/11/2022MAG 3182 beds · Apartment966 sq ft⃃ 1,337,000Resale · Ready
18/11/2022MAG 318Studio · Apartment433 sq ft⃃ 880,000Resale · 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 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-318/2022
MAG 318 Property Transactions 2022. DXBinteract, data to 12 Nov 2026. https://dxbinteract.com/dubai-property-transactions/mag-318/2022

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 318 in 2022?
41 property sales worth ⃃ 40,886,244 were registered in MAG 318 in 2022. That is 70.1% lower than 2021.
What was the median property price in MAG 318 in 2022?
The median sale price was ⃃ 875,000 and the median price per square foot ⃃ 1,906 (1 Jan – 31 Dec 2022).
What share of 2022 sales in MAG 318 were off-plan or from developers?
Developer (primary) sales were 4.9% of the 41 sales and resales 95.1%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 12 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/mag-318/2022