Palm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm Jumeirah AED 3,524/sqftDubai Maritime City AED 3,152/sqftDowntown Dubai AED 2,905/sqftDubai Islands AED 2,770/sqftDubai Creek Harbour AED 2,563/sqftBusiness Bay AED 2,509/sqftDubai Marina AED 2,481/sqftDubai Hills Estate AED 2,448/sqftJumeirah Lakes Towers AED 2,306/sqftMohammed Bin Rashid City AED 2,097/sqftAl Jaddaf AED 2,049/sqftJumeirah Village Triangle AED 1,665/sqftDubai South AED 1,652/sqftArjan AED 1,584/sqftJumeirah Village Circle AED 1,491/sqftDubai Sports City AED 1,328/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO OCT 2026

Dubai Land Department register

MAG 318

CompletedBusiness BayCompletion on file Dec 2020

451 homes on the DLD register in Business Bay, filed by MAG Property Development L.L.C. 646 sales have been registered against it between 20 Nov 2017 and 17 Sep 2026.

Construction completeCompleted

Recorded at DLD's site inspection of 6 Dec 2020. That is an inspector's last visit, not today — the site has moved on since.

Developer entityMAG Property Development L.L.C
Area (DLD)Business Bay
StatusCompleted
Homes451
Registered sales646
Project registry

THE DLD RECORD

Registry as at 4 Oct 2026
Registered developer entityMAG Property Development L.L.C
Area (DLD)Business Bay
Master communityBusiness Bay
Project statusCompleted
Construction progress100.00% complete (DLD inspection, 6 Dec 2020)
Homes registered451
Buildings1
Registered start22 Oct 2017
Registered completion date6 Dec 2020
DLD project number1891
Description as recorded by DLD

PROJECT CONSISTS OF 2B+G+3P+19+R RESIDENTIAL & COMMERCIAL BUILDING LOCATED IN BUSINESS BAY. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.

Reproduced from the register verbatim, including its own abbreviations. It is the developer’s filed description, not our assessment of the project.

Project escrow account
Escrow trustee bankEmirates Nbd Bank (P.J.S.C)
Escrow account0205027022405

Under Dubai Law No. 8 of 2007 every payment on a registered off-plan project goes into that project’s escrow account, held at a DLD-approved trustee bank and released to the developer against verified construction progress — not to the developer direct and not to a broker. Check these details in DLD’s own Dubai REST app against the project number above before you transfer anything, and treat any account number that differs from the one DLD shows as a reason to stop. Substituted account details are a known fraud in this market. Reproduced from the DLD register as at 4 Oct 2026; account details can change, and DLD’s record is the authority, not this page.

Source: Dubai Land Department project register. The developer, area, counts and filed dates are as recorded at 4 Oct 2026; the project status and escrow details as at 4 Oct 2026. Construction progress carries the date of the DLD site inspection that produced it, which is a different date again and is stated on the row — where the register holds no dated inspection, no percentage is published rather than an undated one. “Registered completion date” is the completion date on file at DLD; it is a date on record, not a guarantee of handover, and where that date has already passed it means only that the register has not been updated, not that the project handed over. Homes counted as registered apartments plus registered villas. Figures on this panel are the registry’s, and are stated as at different dates from the transaction figures elsewhere on the page. Registered completion: Dec 2020.

Registered sales

REGISTERED SALE PRICES

DLD register · as at 5 Oct 2026

646 sales were registered against MAG 318 between 20 Nov 2017 and 17 Sep 2026 — a span of 106 months. Those are completed registrations at the Dubai Land Department, not asking prices or listings.

Median AED/sqft
2,387
Across 43 apartment and villa sales since 28 Apr 2025
Median price
AED 1.10m
Median size 441 sqft
Registered sales
646
20 Nov 2017 to 17 Sep 2026
Vs area median
+25.0%
Business Bay: 1,909 AED/sqft, 2,308 sales, resale only, 12 months to 5 Oct 2026

The two figures behind that percentage are not drawn on the same population. This project’s median covers every registration type across the whole register we hold (28 Apr 2025 to 5 Oct 2026). The area figure covers resale only in Business Bay over the 12 months to 5 Oct 2026, pooled on the transaction register’s own area name, which does not always match the project register’s name shown above. Unit mix, floor level and view are not controlled for on either side, and neither is use class: DLD registers offices and shops as units, so registered retail and office sales are pooled into both figures, and retail trades at a materially higher rate per square foot than residential stock in the same building. In sectors where commercial space is a large share of what registers, the area figure sits well above the residential rate. Read it as an indication of where this project sits in its area, not as a like-for-like comparison.

Median AED/sqft by quarter
2,437Q2 2025n=42,480Q3 2025n=142,489Q4 2025n=42,352Q1 2026n=82,464Q2 2026n=12,127Q3 2026n=12

A quarter with fewer than 20 registered sales is drawn hollow, with its sale count underneath. The change between quarters is quoted only between quarters that reached 20. Points are spaced evenly rather than by date.

By unit size
TypeSalesMedian sizeMedian AED/sqft
Studio34440 sqft2,446
1 bedroom4901 sqft1,840
2 bedrooms5967 sqft2,069

Every band shows its median with its sale count. A band with fewer than 5 registered sales is shown in a lighter tone: read it as those sales, not as the rate for that unit type.

Registration timing
Registration typeSalesMedian AED/sqft
Registered before completion0—
Registered after completion432,387

DLD splits registrations by timing: an off-plan registration is entered before the unit legally completes, an existing registration after. Where both appear, the gap between them reflects that difference as much as any movement in value. A side with fewer than 5 registered sales is shown in a lighter tone: read it as those sales, not as a rate.

Buildings in the register
BuildingSales
MAG 31836
The last 12 registrations to 5 Oct 2026
DateTypeUnitSizePriceAED/sqft
16 Sep 2026Existing2 bedrooms967 sqftAED 2,000,0002,069
14 Sep 2026Existing2 bedrooms1,602 sqftAED 2,800,0001,747
27 Aug 2026ExistingStudio433 sqftAED 920,0002,125
7 Aug 2026ExistingStudio440 sqftAED 850,0001,933
27 Jul 2026Existing1 bedroom982 sqftAED 1,732,5161,764
21 Jul 2026ExistingStudio441 sqftAED 850,0001,927
20 Jul 2026ExistingStudio432 sqftAED 1,000,0002,317
20 Jul 2026ExistingStudio433 sqftAED 990,0002,287
13 Jul 2026ExistingStudio440 sqftAED 980,0002,228
9 Jul 2026ExistingStudio446 sqftAED 950,0002,128
2 Jul 2026ExistingStudio434 sqftAED 1,069,0002,465
1 Jul 2026Existing1 bedroom819 sqftAED 1,750,0002,137

Basis: Dubai Land Department transaction register, arm’s-length sales of units and villas only. Gifts, mortgage registrations, zero-price rows, land plots and whole-building transfers are excluded, as are AED/sqft values outside 100–20,000. Figures are medians, not averages. The medians, trend and quarterly table above are drawn on the part of the register we hold in full detail, which runs from 28 Apr 2025 to 5 Oct 2026; 28 Apr 2025 is the earliest date there, not the date this project started selling. The sale count and date span in the opening sentence cover all registered history to 2 Oct 2026, from the transaction feed below. This page is a dated extract taken on 6 Oct 2026, not a live query. Past registered prices are evidence of what has been paid, not a forecast of future value.

Transaction history

ALL REGISTERED SALES

DLD register · to 2 Oct 2026
Median AED/sqft, last 6 months, apartments and villas
2,128
Across 13 registered sales to 2 Oct 2026
Registered sales, all time
646
20 Nov 2017 to 17 Sep 2026
The latest 25 of 646 sales, newest first
DateProperty typeBedroomsArea (sq ft)Price (AED)AED per sq ft
17 Sep 2026Flat2 B/R9672,000,0002,069
14 Sep 2026Flat2 B/R1,6022,800,0001,747
27 Aug 2026FlatStudio433920,0002,125
7 Aug 2026FlatStudio440850,0001,933
27 Jul 2026Flat1 B/R9821,732,5161,764
21 Jul 2026FlatStudio441850,0001,927
20 Jul 2026FlatStudio4321,000,0002,317
20 Jul 2026FlatStudio433990,0002,287
13 Jul 2026FlatStudio440980,0002,228
9 Jul 2026FlatStudio446950,0002,128
2 Jul 2026FlatStudio4341,069,0002,465
1 Jul 2026Flat1 B/R8191,750,0002,137
12 May 2026FlatStudio4461,100,0002,464
16 Mar 2026FlatStudio441894,6002,030
16 Mar 2026FlatStudio4331,100,0002,541
25 Feb 2026FlatStudio4401,050,0002,387
12 Feb 2026Flat2 B/R9672,000,0002,069
3 Feb 2026FlatStudio4331,050,0002,425
29 Jan 2026FlatStudio4321,000,0002,317
27 Jan 2026FlatStudio4321,160,0002,687
22 Jan 2026Flat1 B/R9821,710,0001,741
21 Jan 2026Shop—1,3508,977,5006,649
12 Jan 2026Shop—5881,763,0703,000
23 Dec 2025FlatStudio4411,100,0002,496
8 Dec 2025FlatStudio4411,150,0002,607

Source: Dubai Land Department sales register, every registered sale held against this project, as at 2 Oct 2026. The count is every registered sale, of any property type, over the project’s whole history. The median is a separate measure: it covers the 6 months to that date and uses only apartment and villa sales in that period that carry a price and an area. Offices, shops, land and other non-residential sales are listed above but never enter it. Areas are DLD’s square metres converted to square feet.

Location

REGISTERED SALES NEARBY

Nearest metroBuj Khalifa Dubai Mall Metro Station
Nearest mallDubai Mall
Nearest landmarkDowntown Dubai

These are the values DLD records against this project’s own registered sales, not a distance we measured. Where a project’s sales disagree, the most frequently recorded value is shown.

Next step

ASK US ABOUT MAG 318

This page is the public register — the project record as at 4 Oct 2026, and the transaction register to 5 Oct 2026.

  • AVAILABILITY

    On the register

    451 homes

    From the DLD project record as at 4 Oct 2026, filed at status “Completed” as at 4 Oct 2026.

    Not on the register

    What is available now

  • PRICE

    On the register

    646 registered sales

    Prices already paid, registered between 20 Nov 2017 and 17 Sep 2026.

    Not on the register

    At what price

  • PAYMENT TERMS

    On the register

    —

    The DLD project register carries no payment-plan data of any kind.

    Not on the register

    On what payment terms

  • THE SPECIFIC UNIT

    On the register

    12 recent registrations

    Listed above with date, size, price and AED per square foot.

    Not on the register

    How the specific unit compares with the ones already registered

Tell us your budget and objective and we will come back with the current position.

Need help?