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Magnolia 2

What people actually paid in Magnolia 2: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.

253 sales are on record at the Dubai Land Department, below.

Your agent in Jumeirah Village Circle

Hunter Steele Newman

Hunter Steele Newman

Senior Luxury Sales

Buying in Magnolia 2? Hunter can walk you through what these numbers mean for you.

Hunter is marketing 59 homes for sale in Jumeirah Village Circle right now.

Nearest metro
Al Fardan Exchange Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
Handed over
2012 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
First on record
2009 — an off-plan sale
Sales on record
253 — registered at the Dubai Land Department, the latest September 2026
Off-plan share
28% — 70 bought off-plan from the developer, 183 resales of a completed home

Recorded rents and gross yield for Magnolia 2 →

How Magnolia 2 compares — every tower in Jumeirah Village Circle, ranked by recorded price →

Living in Jumeirah Village Circle — the area guide →

What a mortgage on a home in Magnolia 2 costs a month — and the cash you need on the day →

Median sale price
AED 595K
10 sales · the last 12 months
Mean AED 650K
Median per sq ft
AED 698
-17.8% on the year before
Mean AED 761
Last recorded sale
September 2026
Registered at the DLD
Activity, 90 days
3 sales
1.2× its usual pace · below the five-sale floor to rank

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

925
697
14151617181920212223242526

The low was 2022 at AED 504 a square foot, and it has recovered 38% since. It is still 27% below its 2015 peak.

What sells here

By size

Registered sales in the last three years. Sizes are the registered floor area.

LayoutTypical sizeMedian priceMean pricePer sq ftSales
Studio518 sqft427,168437,76278612
1 B/R1,006 sqft749,418762,1836999

Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.

Every sale, as registered

Recent sales in Magnolia 2

The last transfers recorded at the Dubai Land Department, newest first.

DateLayoutSizePricePer sq ft
21 Sept 2026Studio539374,157695
21 Sept 2026Studio526367,000697
29 Jul 2026Studio510460,000901
15 Jul 20261 B/R1,284810,000631
3 Jul 20261 B/R1,009670,000664
18 Feb 20262 B/R2,2341,350,000604
12 Feb 20261 B/R970820,000846
19 Jan 2026Studio483520,0001,078
15 Jan 2026Studio483382,645793
28 Oct 20251 B/R1,072749,418699
10 Sept 2025Studio470570,0001,212
6 Aug 20251 B/R1,006875,000870

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

21
9
14151617181920212223242526

Of the 253 sales on record, 70 were bought off-plan from the developer and 183 were resales of a finished home. The changeover in 2012 is the handover. The 2026 bar is part-year.

Where the market is moving

The busiest buildings in Jumeirah Village Circle

Magnolia 2 sold 3 completed homes in the ninety days to 19 Oct 2026, below the five-sale floor to rank. These are the five busiest buildings in Jumeirah Village Circle.

RankBuildingSales, 90 daysAgainst its usual pace
1Binghatti Apex1084.5×
2Dune Residency75New to resale
3Luma Park Views531.1×
4Neva Residences244.0×
5AB Cavalier184.8×

Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Jumeirah Village Circle, with pace against each building’s own year before.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 19 Oct 2026.

Nearby

What else to look at in Jumeirah Village Circle

The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.

BuildingRecorded salesFirst tradedMedian per sq ft
Serenz by Danube Tower Anewest49420262,263
Oxford Covenewest15920261,537
Tuscan Residences1-Florence 22422009827
Pantheon Boulevard1872017827
Shamal Terraces 4102020827
Tuscan Residences 1 - Florence 12092009825
Mulberry 12422009821
Knightsbridge Court3152009819
May Residence 21522016815
Roxana Residence C812018811

Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.

Questions about Magnolia 2? Hunter is a message away.

Hunter Steele Newman

Hunter Steele Newman

Your agent in Jumeirah Village Circle