Unit 1711, MAG 318: what it sold for and what it is worth now

Unit 1711 at MAG 318 is a studio of 436 sq ft. It last sold for AED 1,075,000 on 22 Dec 2020. At AED 2,230 per sq ft, from 4 sales of units ending 11 (same position in the tower), it is worth about AED 972,000 today.

Value todayAED 972,000AED 919,000 to AED 1,034,000
Last saleAED 1,075,00022 Dec 2020 · Off-plan
Change since last sale-9.6%Building trend alone: AED 1,284,156
Rent (median asking, studio)AED 65,000Gross yield 6.7%
Bedroomsstudio
Size436 sq ft
Floor17 (from the unit number)
Position in the towerStack 11: units ending 11 share the same layout and view
BuildingMAG 318 by MAG Property Development, handed over 2021
Registered sales of this unit1

Every registered sale of unit 1711

DatePriceSizeAED/sq ftType
22 Dec 2020AED 1,075,000436 sq ft2,466Off-plan

Units ending 11 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
71116 Sep 2026AED 2,000,000967 sq ft2,068Resale
131122 Aug 2025AED 1,020,000436 sq ft2,339Resale
14114 Jun 2025AED 1,075,000436 sq ft2,466Resale
71126 Feb 2025AED 2,050,000967 sq ft2,120Resale
10115 Aug 2024AED 1,010,000436 sq ft2,317Resale
151125 Aug 2023AED 920,000436 sq ft2,110Resale
21116 Jul 2023AED 1,000,000436 sq ft2,294Resale
131122 Dec 2022AED 830,000436 sq ft1,904Resale

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 4 resale sales of units ending 11 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,230). We multiplied it by the size of this unit (436 sq ft). The range uses the middle half of those sales (AED 2,107 to AED 2,371 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,284,156. 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 1711 at MAG 318 worth?

About AED 972,000 (range AED 919,000 to AED 1,034,000), based on AED 2,230 per sq ft from registered sales up to 16 Sep 2026.

When did unit 1711 last sell?

22 Dec 2020, for AED 1,075,000 (off-plan). It has 1 registered sale.

What rent can unit 1711 make?

A studio in MAG 318 rents for about AED 65,000 a year (median asking rent). That is a gross yield of 6.7% on the estimate.

Sales alert for MAG 318All sales in MAG 318

Unit 1710 · Unit 1712