Unit 1116 at MAG 318 is a studio of 440 sq ft. It last sold for AED 877,070 on 7 Sep 2020. At AED 2,425 per sq ft, from 21 sales in the building in the last 12 months (studio), it is worth about AED 1,067,000 today.
| Bedrooms | studio |
|---|---|
| Size | 440 sq ft |
| Floor | 11 (from the unit number) |
| Position in the tower | Stack 16: units ending 16 share the same layout and view |
| Building | MAG 318 by MAG Property Development, handed over 2021 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 7 Sep 2020 | AED 877,070 | 440 sq ft | 1,993 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 1916 | 29 Aug 2025 | AED 1,075,000 | 440 sq ft | 2,443 | Resale |
| 716 | 29 May 2023 | AED 1,000,000 | 441 sq ft | 2,268 | Resale |
| 916 | 23 Jan 2023 | AED 925,000 | 440 sq ft | 2,102 | Resale |
| 816 | 17 Aug 2022 | AED 920,000 | 440 sq ft | 2,091 | Resale |
| 916 | 10 Sep 2021 | AED 750,000 | 440 sq ft | 1,705 | Resale |
| 2016 | 29 Jun 2021 | AED 965,000 | 440 sq ft | 2,193 | Resale |
| 1416 | 20 Jun 2021 | AED 1,010,000 | 440 sq ft | 2,295 | Resale |
| 1516 | 27 Apr 2021 | AED 700,000 | 440 sq ft | 1,591 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 908 | 27 Aug 2026 | AED 920,000 | 433 sq ft | 2,125 | Resale |
| 1021 | 7 Aug 2026 | AED 850,000 | 440 sq ft | 1,932 | Resale |
| 1822 | 21 Jul 2026 | AED 850,000 | 441 sq ft | 1,927 | Resale |
| 1604 | 20 Jul 2026 | AED 990,000 | 433 sq ft | 2,286 | Resale |
| 1307 | 20 Jul 2026 | AED 1,000,000 | 432 sq ft | 2,315 | Resale |
| 1319 | 13 Jul 2026 | AED 980,000 | 440 sq ft | 2,227 | Resale |
| 2123 | 9 Jul 2026 | AED 950,000 | 446 sq ft | 2,130 | Resale |
| 609 | 2 Jul 2026 | AED 1,069,000 | 434 sq ft | 2,463 | Resale |
We took the 21 sales in MAG 318 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 2,425). We multiplied it by the size of this unit (440 sq ft). The range uses the middle half of those sales (AED 2,227 to AED 2,483 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,020,100. Floor, view, condition and upgrades can move the price either way. Sales data to 16 Sep 2026, from the Dubai Land Department register.
About AED 1,067,000 (range AED 980,000 to AED 1,092,000), based on AED 2,425 per sq ft from registered sales up to 16 Sep 2026.
7 Sep 2020, for AED 877,070 (off-plan). It has 1 registered sale.
A studio in MAG 318 rents for about AED 65,000 a year (median asking rent). That is a gross yield of 6.1% on the estimate.