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Building · Transactions · 2023

MAG 980 Property Transactions 2023

22 property sales worth ⃃ 18.11M were registered in MAG 980 in 2023, 4.8% higher than 2022 by number of sales. The median sale price was ⃃ 600,000 and the median price per square foot ⃃ 1,481 (+0.9% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 22 salesUpdated: 14 Nov 2026
Property sales
22
+4.8% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 18.11M
−7.1% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 600,000
−43.4% vs 2022
22 sales
Median price per sq ft
⃃ 1,481
+0.9% vs 2022
22 sales

What types of property sold in MAG 980 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments22100%⃃ 18.11M⃃ 600,000⃃ 1,481

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
Off-plan22100%⃃ 18.11M⃃ 600,000⃃ 1,481

What were the most expensive property sales in MAG 980 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
03/04/2023MAG 9801 bed · Apartment890 sq ft⃃ 1,323,000Primary · Off-plan
29/03/2023MAG 9801 bed · Apartment861 sq ft⃃ 1,306,018Primary · Off-plan
03/04/2023MAG 9801 bed · Apartment861 sq ft⃃ 1,301,561Primary · Off-plan
29/03/2023MAG 9801 bed · Apartment861 sq ft⃃ 1,297,103Primary · Off-plan
29/03/2023MAG 9801 bed · Apartment796 sq ft⃃ 1,278,300Primary · Off-plan
29/03/2023MAG 9801 bed · Apartment861 sq ft⃃ 1,275,000Primary · Off-plan
28/03/2023MAG 9801 bed · Apartment861 sq ft⃃ 1,275,000Primary · Off-plan
29/03/2023MAG 9801 bed · Apartment796 sq ft⃃ 1,200,458Primary · Off-plan
29/03/2023MAG 980Studio · Apartment407 sq ft⃃ 771,525Resale · Off-plan
07/12/2023MAG 980Studio · Apartment410 sq ft⃃ 615,000Resale · Off-plan

What were the last registered sales of 2023?

No transactions on record for this selection.

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-980/2023
MAG 980 Property Transactions 2023. DXBinteract, data to 13 Nov 2026. https://dxbinteract.com/dubai-property-transactions/mag-980/2023

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 980 in 2023?
22 property sales worth ⃃ 18,112,965 were registered in MAG 980 in 2023. That is 4.8% higher than 2022.
What was the median property price in MAG 980 in 2023?
The median sale price was ⃃ 600,000 and the median price per square foot ⃃ 1,481 (1 Jan – 31 Dec 2023).

Last updated · data to 13 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/mag-980/2023