Unit 1215, MAG 318: what it sold for and what it is worth now

Unit 1215 at MAG 318 is a studio of 444 sq ft. It last sold for AED 1,245,000 on 31 Jan 2025. At AED 2,725 per sq ft, from 3 sales of units ending 15 (same position in the tower), it is worth about AED 1,210,000 today.

Value todayAED 1,210,000AED 1,143,000 to AED 1,228,000
Last saleAED 1,245,00031 Jan 2025 · Resale
Change since last sale-2.8%Building trend alone: AED 1,185,031
Rent (median asking, studio)AED 65,000Gross yield 5.4%
Bedroomsstudio
Size444 sq ft
Floor12 (from the unit number)
Position in the towerStack 15: units ending 15 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 1215

DatePriceSizeAED/sq ftType
31 Jan 2025AED 1,245,000444 sq ft2,804Resale
18 Jan 2024AED 1,000,000444 sq ft2,252Resale

Units ending 15 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
191529 Aug 2025AED 1,075,000444 sq ft2,421Resale
9157 Jul 2025AED 1,210,000444 sq ft2,725Resale
7156 Feb 2024AED 1,050,000442 sq ft2,376Resale
9152 Feb 2023AED 920,000444 sq ft2,072Resale
7153 Jan 2023AED 950,000442 sq ft2,149Resale
11153 Aug 2022AED 900,000444 sq ft2,027Resale
15156 Jan 2022AED 820,710444 sq ft1,848Resale
10152 Nov 2021AED 745,000444 sq ft1,678Resale

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 3 resale sales of units ending 15 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,725). We multiplied it by the size of this unit (444 sq ft). The range uses the middle half of those sales (AED 2,573 to AED 2,765 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,185,031. 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 1215 at MAG 318 worth?

About AED 1,210,000 (range AED 1,143,000 to AED 1,228,000), based on AED 2,725 per sq ft from registered sales up to 16 Sep 2026.

When did unit 1215 last sell?

31 Jan 2025, for AED 1,245,000 (resale). It has 2 registered sales.

What rent can unit 1215 make?

A studio in MAG 318 rents for about AED 65,000 a year (median asking rent). That is a gross yield of 5.4% on the estimate.

Sales alert for MAG 318All sales in MAG 318

Unit 1214 · Unit 1218