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Building · Transactions · 2022

MAG 560 Property Transactions 2022

16 property sales worth ⃃ 6.03M were registered in MAG 560 in 2022, 23.1% higher than 2021 by number of sales. The median sale price was ⃃ 390,000 and the median price per square foot ⃃ 707 (+7.3% on 2021).

Period: 1 Jan – 31 Dec 2022Compared with: 2021Sample: 16 salesUpdated: 14 Nov 2026
Property sales
16
+23.1% vs 2021
1 Jan – 31 Dec 2022
Total value
⃃ 6.03M
+31.9% vs 2021
1 Jan – 31 Dec 2022
Median sale price
⃃ 390,000
+21.9% vs 2021
16 sales
Median price per sq ft
⃃ 707
+7.3% vs 2021
16 sales

What types of property sold in MAG 560 in 2022?

1 Jan – 31 Dec 2022

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments16100%⃃ 6.03M⃃ 390,000⃃ 707

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)850%⃃ 3.37M⃃ 422,854⃃ 710
Resale (secondary)850%⃃ 2.67M⃃ 307,823⃃ 697
Ready16100%⃃ 6.03M⃃ 390,000⃃ 707

How many rental contracts were registered in MAG 560 in 2022?

74 rental contracts (new and renewed) were registered in MAG 560 in 2022, at a median annual rent of ⃃ 24,000 (+4.3% on 2021). Rental yields in MAG 560

What were the most expensive property sales in MAG 560 in 2022?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
29/07/2022MAG 5602 beds · Apartment666 sq ft⃃ 495,000Resale · Ready
15/12/2022MAG 5602 beds · Apartment665 sq ft⃃ 470,000Resale · Ready
09/11/2022MAG 5602 beds · Apartment665 sq ft⃃ 469,714Primary · Ready
10/10/2022MAG 5601 bed · Apartment656 sq ft⃃ 469,302Primary · Ready
10/10/2022MAG 5601 bed · Apartment638 sq ft⃃ 455,485Primary · Ready
14/10/2022MAG 5601 bed · Apartment638 sq ft⃃ 432,246Primary · Ready
22/08/2022MAG 5602 beds · Apartment665 sq ft⃃ 413,462Primary · Ready
08/02/2022MAG 5601 bed · Apartment628 sq ft⃃ 400,000Primary · Ready
29/12/2022MAG 560Studio · Apartment437 sq ft⃃ 380,000Primary · Ready
04/08/2022MAG 560Studio · Apartment437 sq ft⃃ 345,000Primary · Ready

What were the last registered sales of 2022?

DatePropertyTypeSizePriceMarket
29/12/2022MAG 560Studio · Apartment437 sq ft⃃ 380,000Primary · Ready
15/12/2022MAG 5602 beds · Apartment665 sq ft⃃ 470,000Resale · Ready
09/11/2022MAG 5602 beds · Apartment665 sq ft⃃ 469,714Primary · Ready
14/10/2022MAG 5601 bed · Apartment638 sq ft⃃ 432,246Primary · Ready
14/10/2022MAG 560Studio · Apartment387 sq ft⃃ 275,000Resale · Ready
14/10/2022MAG 5601 bed · Apartment478 sq ft⃃ 310,000Resale · Ready
10/10/2022MAG 560Studio · Apartment389 sq ft⃃ 323,000Resale · Ready
10/10/2022MAG 5601 bed · Apartment656 sq ft⃃ 469,302Primary · Ready
10/10/2022MAG 5601 bed · Apartment638 sq ft⃃ 455,485Primary · Ready
22/08/2022MAG 5602 beds · Apartment665 sq ft⃃ 413,462Primary · 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-560/2022
MAG 560 Property Transactions 2022. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/mag-560/2022

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 560 in 2022?
16 property sales worth ⃃ 6,034,854 were registered in MAG 560 in 2022. That is 23.1% higher than 2021.
What was the median property price in MAG 560 in 2022?
The median sale price was ⃃ 390,000 and the median price per square foot ⃃ 707 (1 Jan – 31 Dec 2022).
What share of 2022 sales in MAG 560 were off-plan or from developers?
Developer (primary) sales were 50% of the 16 sales and resales 50%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/mag-560/2022