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Building · Transactions · 2023

MAG 535 Property Transactions 2023

6 property sales worth ⃃ 2.35M were registered in MAG 535 in 2023, unchanged from 2022 by number of sales. The median sale price was ⃃ 374,624 and the median price per square foot ⃃ 609 (+0.2% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 6 salesUpdated: 15 Nov 2026
Property sales
6
0.0% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 2.35M
−31.8% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 374,624
−13.9% vs 2022
6 sales
Median price per sq ft
⃃ 609
+0.2% vs 2022
6 sales

What types of property sold in MAG 535 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments6100%⃃ 2.35M⃃ 374,624⃃ 609

How were 2023 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
Resale (secondary)6100%⃃ 2.35M⃃ 374,624⃃ 609
Ready6100%⃃ 2.35M⃃ 374,624⃃ 609

How many rental contracts were registered in MAG 535 in 2023?

65 rental contracts (new and renewed) were registered in MAG 535 in 2023, at a median annual rent of ⃃ 34,000 (+17.4% on 2022). Rental yields in MAG 535

What were the most expensive property sales in MAG 535 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
19/04/2023MAG 5351 bed · Apartment637 sq ft⃃ 600,000Resale · Ready
22/09/2023MAG 5351 bed · Apartment642 sq ft⃃ 400,000Resale · Ready
16/03/2023MAG 5351 bed · Apartment638 sq ft⃃ 379,248Resale · Ready
12/09/2023MAG 5351 bed · Apartment642 sq ft⃃ 370,000Resale · Ready
20/12/2023MAG 535Studio · Apartment473 sq ft⃃ 330,000Resale · Ready
26/07/2023MAG 535Studio · Apartment476 sq ft⃃ 275,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
20/12/2023MAG 535Studio · Apartment473 sq ft⃃ 330,000Resale · Ready
22/09/2023MAG 5351 bed · Apartment642 sq ft⃃ 400,000Resale · Ready
12/09/2023MAG 5351 bed · Apartment642 sq ft⃃ 370,000Resale · Ready
26/07/2023MAG 535Studio · Apartment476 sq ft⃃ 275,000Resale · Ready
19/04/2023MAG 5351 bed · Apartment637 sq ft⃃ 600,000Resale · Ready
16/03/2023MAG 5351 bed · Apartment638 sq ft⃃ 379,248Resale · 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 2023 with the whole of 2022.
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-535/2023
MAG 535 Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/mag-535/2023

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 535 in 2023?
6 property sales worth ⃃ 2,354,248 were registered in MAG 535 in 2023. That is unchanged from 2022.
What was the median property price in MAG 535 in 2023?
The median sale price was ⃃ 374,624 and the median price per square foot ⃃ 609 (1 Jan – 31 Dec 2023).

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/mag-535/2023