Unit 1623 at MAG 318 is a studio of 446 sq ft. It last sold for AED 850,000 on 3 Aug 2022. At AED 2,343 per sq ft, from 6 sales of units ending 23 (same position in the tower), it is worth about AED 1,045,000 today.
| Bedrooms | studio |
|---|---|
| Size | 446 sq ft |
| Floor | 16 (from the unit number) |
| Position in the tower | Stack 23: units ending 23 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 |
|---|---|---|---|---|
| 3 Aug 2022 | AED 850,000 | 446 sq ft | 1,906 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 2123 | 9 Jul 2026 | AED 950,000 | 446 sq ft | 2,130 | Resale |
| 1923 | 25 Jun 2025 | AED 1,100,000 | 446 sq ft | 2,466 | Resale |
| 1123 | 18 May 2025 | AED 1,050,000 | 446 sq ft | 2,354 | Resale |
| 2223 | 5 Feb 2025 | AED 1,100,000 | 446 sq ft | 2,466 | Resale |
| 1523 | 3 Feb 2025 | AED 1,040,000 | 446 sq ft | 2,332 | Resale |
| 1023 | 12 Nov 2024 | AED 1,040,000 | 446 sq ft | 2,332 | Resale |
| 1823 | 8 Dec 2023 | AED 1,000,000 | 446 sq ft | 2,242 | Resale |
| 2123 | 21 Mar 2023 | AED 930,000 | 446 sq ft | 2,085 | 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 6 resale sales of units ending 23 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,343). We multiplied it by the size of this unit (446 sq ft). The range uses the middle half of those sales (AED 2,332 to AED 2,438 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 993,692. 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 1,045,000 (range AED 1,040,000 to AED 1,088,000), based on AED 2,343 per sq ft from registered sales up to 16 Sep 2026.
3 Aug 2022, for AED 850,000 (resale). 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 6.2% on the estimate.