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Project · Transactions · 2024

MAG 5 Boulevard Property Transactions 2024

206 property sales worth ⃃ 103.18M were registered in MAG 5 Boulevard in 2024, 60.9% higher than 2023 by number of sales. The median sale price was ⃃ 475,000 and the median price per square foot ⃃ 914 (+23.8% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 206 salesUpdated: 15 Nov 2026
Property sales
206
+60.9% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 103.18M
+84.6% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 475,000
+18.8% vs 2023
206 sales
Median price per sq ft
⃃ 914
+23.8% vs 2023
206 sales

What types of property sold in MAG 5 Boulevard in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments206100%⃃ 103.18M⃃ 475,000⃃ 914

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)83.9%⃃ 7.68M⃃ 948,050⃃ 959
Resale (secondary)19896.1%⃃ 95.5M⃃ 460,000⃃ 908
Ready206100%⃃ 103.18M⃃ 475,000⃃ 914

How many rental contracts were registered in MAG 5 Boulevard in 2024?

991 rental contracts (new and renewed) were registered in MAG 5 Boulevard in 2024, at a median annual rent of ⃃ 38,000 (+26.7% on 2023). Rental yields in MAG 5 Boulevard

What were the most expensive property sales in MAG 5 Boulevard in 2024?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
23/07/2024MAG 5303 beds · Apartment2,531 sq ft⃃ 1,300,000Resale · Ready
02/01/2024MAG 5402 beds · Apartment963 sq ft⃃ 1,050,000Primary · Ready
25/07/2024MAG 5452 beds · Apartment966 sq ft⃃ 999,000Primary · Ready
14/10/2024MAG 5452 beds · Apartment966 sq ft⃃ 999,000Primary · Ready
01/11/2024MAG 5452 beds · Apartment1,040 sq ft⃃ 970,000Primary · Ready
17/12/2024MAG 5502 beds · Apartment965 sq ft⃃ 926,100Primary · Ready
22/08/2024MAG 5502 beds · Apartment965 sq ft⃃ 925,000Primary · Ready
10/06/2024MAG 5502 beds · Apartment965 sq ft⃃ 905,000Primary · Ready
10/06/2024MAG 5502 beds · Apartment965 sq ft⃃ 905,000Primary · Ready
02/04/2024MAG 5402 beds · Apartment1,039 sq ft⃃ 850,000Resale · Ready

What were the last registered sales of 2024?

DatePropertyTypeSizePriceMarket
24/12/2024MAG 5201 bed · Apartment657 sq ft⃃ 570,000Resale · Ready
20/12/2024MAG 5301 bed · Apartment624 sq ft⃃ 570,000Resale · Ready
19/12/2024MAG 565Studio · Apartment389 sq ft⃃ 380,000Resale · Ready
19/12/2024MAG 535Studio · Apartment476 sq ft⃃ 540,000Resale · Ready
18/12/2024MAG 565Studio · Apartment410 sq ft⃃ 300,000Resale · Ready
17/12/2024MAG 5502 beds · Apartment965 sq ft⃃ 926,100Primary · Ready
17/12/2024MAG 5351 bed · Apartment642 sq ft⃃ 500,000Resale · Ready
16/12/2024MAG 5451 bed · Apartment634 sq ft⃃ 599,999Resale · Ready
16/12/2024MAG 5151 bed · Apartment514 sq ft⃃ 499,990Resale · Ready
16/12/2024MAG 5101 bed · Apartment638 sq ft⃃ 580,000Resale · 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-5-boulevard/2024
MAG 5 Boulevard Property Transactions 2024. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/mag-5-boulevard/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 5 Boulevard in 2024?
206 property sales worth ⃃ 103,177,432 were registered in MAG 5 Boulevard in 2024. That is 60.9% higher than 2023.
What was the median property price in MAG 5 Boulevard in 2024?
The median sale price was ⃃ 475,000 and the median price per square foot ⃃ 914 (1 Jan – 31 Dec 2024).
What share of 2024 sales in MAG 5 Boulevard were off-plan or from developers?
Developer (primary) sales were 3.9% of the 206 sales and resales 96.1%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/mag-5-boulevard/2024