Unit 1505 at MAG 318 is a studio of 432 sq ft. It last sold for AED 1,000,000 on 23 Apr 2024. At AED 2,425 per sq ft, from 21 sales in the building in the last 12 months (studio), it is worth about AED 1,048,000 today.
| Bedrooms | studio |
|---|---|
| Size | 432 sq ft |
| Floor | 15 (from the unit number) |
| Position in the tower | Stack 05: units ending 05 share the same layout and view |
| Building | MAG 318 by MAG Property Development, handed over 2021 |
| Registered sales of this unit | 2 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 23 Apr 2024 | AED 1,000,000 | 432 sq ft | 2,315 | Resale |
| 7 Sep 2020 | AED 760,000 | 432 sq ft | 1,759 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 1205 | 30 Dec 2024 | AED 1,030,000 | 432 sq ft | 2,384 | Resale |
| 2005 | 12 Jul 2023 | AED 930,000 | 432 sq ft | 2,153 | Resale |
| 2205 | 22 Mar 2023 | AED 920,000 | 432 sq ft | 2,130 | Resale |
| 1605 | 1 Mar 2023 | AED 950,000 | 432 sq ft | 2,199 | Resale |
| 1405 | 3 Aug 2022 | AED 835,000 | 432 sq ft | 1,933 | Resale |
| 1605 | 24 Jun 2022 | AED 845,000 | 432 sq ft | 1,956 | Resale |
| 1405 | 16 Jun 2022 | AED 740,000 | 432 sq ft | 1,713 | Resale |
| 1805 | 3 Jun 2022 | AED 861,000 | 432 sq ft | 1,993 | 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 (432 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 1,009,232. 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 1,048,000 (range AED 962,000 to AED 1,073,000), based on AED 2,425 per sq ft from registered sales up to 16 Sep 2026.
23 Apr 2024, for AED 1,000,000 (resale). It has 2 registered sales.
A studio in MAG 318 rents for about AED 65,000 a year (median asking rent). That is a gross yield of 6.2% on the estimate.