OffplanIndex
Prices on this site were last read 30 July 2026, 64 days ago.New launches added up to 30 September 2026.
Developer benchmark · July 2026

MAG off-plan projects: AED 2,746/sqft

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Developer portal
Median AED/sqft
2,746
p25 1,694 to p75 3,397
Median asking price
AED 1.78M
for a median 935 sqft unit, in the AED 1M to 2M band
Paid before handover
40%
median of 19 payment plans
Communities
11
Mohammed Bin Rashid City, Al Jaddaf

MAG has 11 off-plan projects in our July 2026 dataset across 11 communities (most in Mohammed Bin Rashid City, Al Jaddaf, Meydan).

Across 278 priced unit records the median asking price is AED 2,746 per sqft (36% above the Dubai-wide off-plan median), with the middle half between AED 1,694 and AED 3,397.

The median unit is AED 1.78M for 935 sqft.

MAG payment plans typically ask 10% on booking and 40% before handover; 32% include post-handover instalments.

Its heaviest handover year is 2026 with 8 projects due.

#41 of 392 developers by projects#24 of 208 by AED/sqft11 projects278 priced unitsDubai 25
4 of 6 measures have the evidence to publish

Scorecard

Completions on record
14
2023 to 2026, 4 handover years
Live off-plan
11
8 communities, 278 priced units
Price against neighbours
not measured
needs 5 comparable projects
Payment plan discount
not measured
needs 5 priced schedules
MeasureThis developerBaseWhat it says, and does not
Completions on record1411 off-planBuildings the corpus records as handed over, 2023 to 2026, 10 of them since 2024. It is a count of completions, not a punctuality record: see the note below.
Past its stated handover2 of 1118% vs 6% marketOff-plan projects whose own published handover date has passed while the source still records them as under construction. One observation cannot separate a delayed building from a listing nobody refreshed, so this is a flag to check, not a finding: a proxy for on-time delivery, never a rate. Ranked across every developer at the delivery track record page.
Community footprint8 communities11 located projectsA spread book: 27% of it sits in Mohammed Bin Rashid City. Concentration is a fact about exposure, in either direction, not a verdict.
Listing completeness78%11 off-planShare of five listing facts published across its own projects: price 82%, handover date 100%, unit inventory 64%, payment plan 64%, coordinates 82%. Market 86%. This scores disclosure, not the buildings.

Not measured here: price against neighbours; payment plan discount. Each of those needs a base this developer does not reach in the corpus, and a thin number is worse than none.

The scorecard does not measure whether MAG hands over on time. Every project in this corpus carries one handover date, the date its listing stated when we read it. There is no separately recorded original announced date and no earlier reading of the same project to compare against, so no on-time rate can be computed, and we publish none rather than a proxy. The completions column is also bounded by what the corpus can see: 1,030 of the 1,083 delivered buildings on record handed over in 2020 or later (96%), and the corpus only sees projects that were listed on the portals we read, so an absent completion is an absence of evidence rather than evidence of absence. Full definitions, queries and limitations: methodology.

One point per corpus read, never interpolated

Price trend

Price trend · series starts 2026-07-30

One snapshot so far: AED 2,746 per sqft median over 278 priced units on 2026-07-30. A trend needs a second read; it is drawn here the day the next snapshot lands, one point per read, never interpolated.

19 of its projects carried a stated date in both reads

Stated handover dates, read twice

Read later
1
the second read stated a later quarter
Read earlier
2
the second read stated an earlier quarter
Unchanged
16
same quarter in both reads
Comparable
19
projects carrying a stated date in both reads

This is not a delivery record and not an on-time rate. Across every developer, 362 stated handover dates read earlier against 105 that read later, so a difference is at least as likely to be two portals disagreeing as a builder revising. No handover in this set has been observed happening. How this is read, and every developer at once.

2 of its projects with booking open or sales pending, per their listings

At the launch stage

ProjectDeveloperCommunityHandoverFrom AEDPriced unitsStage
Tori by IGOMAGAl FurjanQ2 202721.5M0Booking open
MAG D11MAGMeydanQ3 20281.35M1Booking open

Status as each listing stated it on the read date. Each handover quarter with a page: Q2 2027, Q3 2028. The whole launch calendar.

Distribution of asking price per sqft

Where the prices sit

02040
p25median 2,746p75
1,5352,0482,5613,0733,5864,099
AED/sqft across the horizontal, records up the verticalmiddle half 1,694 to 3,397
Min
1,356
p25
1,694
Median
2,746
Mean
2,668
p75
3,397
Max
4,386

278 of the 278 records are individual units with a listed price and size; the rest are unit-type starting prices. See methodology.

Price, size and AED/sqft

By bedroom count

Off-plan asking price, size and price per sqft by bedroom count in MAG
TypeUnitsMedian rateAED/sqftMiddle halfAED/sqftMedian priceAEDMedian sizesqftEntryAED, p25
Studio752,6582,522 to 2,7821.66M6361.57M
1 BR1682,8351,680 to 3,4042.68M9651.57M
2 BR324,0082,488 to 4,0827.26M1,8054.24M
4 BR34,0063,984 to 4,19620.2M5,03420.1M

SourceOffplanIndex corpus, July 2026n = 278 priced unit recordsasking prices, not transactionsMethod

From 19 published plans

Payment plan norms

Median MAG structure
30%
50%
Dubai-wide median structure
20%
40%
30%
On bookingDuring constructionOn handoverPost-handover

Medians are computed stage by stage, so bars may not sum to exactly 100. Plans with a stated total outside 90 to 110% are excluded.

On booking
10%
range 10% to 20%
Before handover
40%
range 35% to 50%
Post-handover plans
32%
median 40% after keys
50% or less pre-handover
89%
share of plans
Down payment and service charge, as developers state them

MAG launch terms

Down payment mix: of MAG’s 7 off-plan projects with a readable payment plan, the number offering a plan with each deposit due on booking. A project can sit in more than one band.

Service charge, as MAG states it at launch: a median of AED 15.8 per sqft a year across 5 projects. Not the RERA index. Every community compared.

Counted from the same readable plans and the same band tests as the payment plan pages, off-plan projects only. Each part appears once three projects support it.

Scheduled handovers by quarter

Delivery pipeline

1
Q1 '25
3
Q1 '26
2
Q2 '26
1
Q3 '26
2
Q4 '26
2
Q2 '27
1
Q4 '27
1
Q1 '28
1
Q3 '28
1
Q4 '28

By year: 2023 (4), 2024 (6), 2025 (1), 2026 (8), 2027 (3), 2028 (3). Construction status: completed 13, under construction 9, not stated 3.

11 communities

Where MAG builds

11 tracked

Every MAG off-plan project

Open in the index
ProjectCommunityTypeFromMedian AED/sqftPre-handoverHandoverStatus
Mag Keturah ReserveMohammed Bin Rashid CityApartment, Penthouse, Townhouse, VillaAED 3.87M3,41840%Q1 2028On sale
MBL SignatureJumeirah Lake TowersApartmentAED 1.17M2,72740%Q4 2026On sale
Mag 777Dubai Sports CityApartmentAED 790K1,66930%Q3 2026On sale
Eiwan HeightsMeydanApartmentn/an/an/aQ4 2028Booking open
Keturah ResortAl JaddafApartmentAED 6.70Mn/a50%Q1 2026Booking open
Keturah Ritz CarltonAl Jaddafn/an/a30%Q4 2027Sold out
Keturah TowerBusiness BayApartmentAED 3.79Mn/a40%Q4 2024Sold out
MAG 22MeydanTownhouseAED 4.26Mn/a50%Q4 2024Sold out
MAG 330DubailandAED 665Kn/a30%Q2 2026Sold out
MAG City MeydanMohammed Bin Rashid CityApartmentAED 751Kn/a60%Q4 2023Sold out
MAG City TownhousesMohammed Bin Rashid CityTownhouseAED 3.15Mn/a50%Q4 2023Sold out
MAG D11MeydanApartmentAED 1.35Mn/a50%Q3 2028Booking open
MAG Eye TownhousesMohammed Bin Rashid CityAED 1.10Mn/an/aQ4 2026Not stated
MAG KingdomJumeirah Lake TowersApartmentAED 1.20Mn/a50%Q2 2026On sale
MAG ParkMohammed Bin Rashid CityAED 8.69Mn/an/aQ2 2027Not stated
MBL RoyalJumeirah Lake TowersApartmentAED 1.51Mn/a40%Q1 2025Sold out
Mag City ParksMohammed Bin Rashid CityTownhouseAED 3.90Mn/a40%Q4 2024Sold out
Mag City ResidentialAl Quoz 2n/an/an/aQ4 2023Sold out
Mag EyeMohammed Bin Rashid CityTownhouseAED 2.27Mn/a40%Q3 2024Sold out
MarriottDubai Science Parkn/an/a30%Q4 2023Sold out
Marriott Executive Apartments At Al Barsha SouthDubai Science ParkApartment, Penthouse, TownhouseAED 1.80Mn/a30%Q1 2024On sale
The Ritz Carlton Residence Difc By MAGDIFCVillaAED 4.40Mn/a60%Q1 2026On sale
The Ritz-Carlton ResidenceAl JaddafAED 11.0Mn/an/aQ1 2026Not stated
Tori by IGOAl FurjanVillaAED 21.5Mn/an/aQ2 2027Booking open
West 5 TowerBusiness BayApartmentAED 1.95Mn/a50%Q4 2024Booking open

Project facts (name, community, starting price, handover, payment plan) are as published by the developer. Median AED/sqft is our computation over that project's priced units.

Compare on AED/sqft

Developers at a similar price point

DeveloperProjectsPriced unitsMedian AED/sqftvs MAGPre-handover
Palma71792,751+0%60%
MGS31912,758+0%60%
Major41582,718-1%60%
Sobha Realty976,0222,775+1%60%
Metrical4672,696-2%70%
Casa Vista1642,799+2%50%
Head to head with other developers, and by emirate

MAG side by side

By emirate
FAQ

Questions this data answers

What is MAG's average off-plan price per sqft?+

Across 278 priced units in 18 MAG projects (July 2026), the median asking price is AED 2,746 per sqft, with the middle half between AED 1,694 and AED 3,397.

Where is MAG building off-plan?+

MAG has projects in 11 communities. The largest concentrations are Mohammed Bin Rashid City (7), Al Jaddaf (3), Meydan (3), Jumeirah Lake Towers (3), Dubai Science Park (2).

What payment plan does MAG usually offer?+

Across 19 published MAG payment plans the median structure is 10% on booking, 30% during construction and 50% on handover, so 40% before keys. 32% of plans include post-handover instalments.

When are MAG's off-plan projects handing over?+

Scheduled handovers by year: 2023: 4, 2024: 6, 2025: 1, 2026: 8, 2027: 3, 2028: 3. Dates are as published by the developer and can move.

How much does a MAG off-plan unit cost?+

Studio: median AED 1,659,800 for 636 sqft; 1 BR: median AED 2,676,948 for 965 sqft; 2 BR: median AED 7,257,500 for 1,805 sqft; 4 BR: median AED 20,167,000 for 5,034 sqft.

The notes behind the numbers on this page

Read next

Dubai Off-Plan Q3 2026

The full report: every community, every developer, ranked.

MAG in context: price per sqft by community and developer, payment plan structures ranked by cash due before handover, the 2026 to 2029 delivery pipeline, and the CSV behind every table. PDF plus data, delivered instantly.

Source: OffplanIndex derived analytics, built 2026-10-02 from developer-published project facts and unit inventories aggregated from public portals (latest observation 2026-07-30). All statistics are computed by OffplanIndex; no third-party database is reproduced. See the methodology and data policy. Not investment advice.