Unit 1017, MAG 318: what it sold for and what it is worth now

Unit 1017 at MAG 318 is a studio of 441 sq ft. It last sold for AED 1,100,000 on 20 Oct 2025. At AED 2,494 per sq ft, from 5 sales of units ending 17 (same position in the tower), it is worth about AED 1,100,000 today.

Value todayAED 1,100,000AED 1,060,000 to AED 1,100,000
Last saleAED 1,100,00020 Oct 2025 · Resale
Change since last sale+0.0%Building trend alone: AED 1,033,350
Rent (median asking, studio)AED 65,000Gross yield 5.9%
Bedroomsstudio
Size441 sq ft
Floor10 (from the unit number)
Position in the towerStack 17: units ending 17 share the same layout and view
BuildingMAG 318 by MAG Property Development, handed over 2021
Registered sales of this unit2

Every registered sale of unit 1017

DatePriceSizeAED/sq ftType
20 Oct 2025AED 1,100,000441 sq ft2,494Resale
20 Jun 2021AED 776,600441 sq ft1,761Resale

Units ending 17 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
151716 Mar 2026AED 894,600441 sq ft2,029Resale
191723 Dec 2025AED 1,100,000441 sq ft2,494Resale
91728 Aug 2025AED 1,060,000441 sq ft2,404Resale
11177 Feb 2025AED 1,250,000441 sq ft2,834Resale
81724 Apr 2024AED 1,060,000441 sq ft2,404Resale
11176 Dec 2023AED 920,000441 sq ft2,086Resale
91724 Oct 2021AED 800,000441 sq ft1,814Resale
20176 Jan 2021AED 934,231441 sq ft2,118Resale

Latest studio sales in MAG 318

UnitDatePriceSizeAED/sq ftType
90827 Aug 2026AED 920,000433 sq ft2,125Resale
10217 Aug 2026AED 850,000440 sq ft1,932Resale
182221 Jul 2026AED 850,000441 sq ft1,927Resale
160420 Jul 2026AED 990,000433 sq ft2,286Resale
130720 Jul 2026AED 1,000,000432 sq ft2,315Resale
131913 Jul 2026AED 980,000440 sq ft2,227Resale
21239 Jul 2026AED 950,000446 sq ft2,130Resale
6092 Jul 2026AED 1,069,000434 sq ft2,463Resale

How we worked out the value

We took the 5 resale sales of units ending 17 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,494). We multiplied it by the size of this unit (441 sq ft). The range uses the middle half of those sales (AED 2,404 to AED 2,494 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,033,350. Floor, view, condition and upgrades can move the price either way. Sales data to 16 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 1017 at MAG 318 worth?

About AED 1,100,000 (range AED 1,060,000 to AED 1,100,000), based on AED 2,494 per sq ft from registered sales up to 16 Sep 2026.

When did unit 1017 last sell?

20 Oct 2025, for AED 1,100,000 (resale). It has 2 registered sales.

What rent can unit 1017 make?

A studio in MAG 318 rents for about AED 65,000 a year (median asking rent). That is a gross yield of 5.9% on the estimate.

Sales alert for MAG 318All sales in MAG 318

Unit 1015 · Unit 1018