Unit 1721, MAG 318: what it sold for and what it is worth now

Unit 1721 at MAG 318 is a studio of 440 sq ft. It last sold for AED 785,000 on 30 Jun 2020. At AED 2,466 per sq ft, from 6 sales of units ending 21 (same position in the tower), it is worth about AED 1,085,000 today.

Value todayAED 1,085,000AED 1,066,000 to AED 1,111,000
Last saleAED 785,00030 Jun 2020 · Off-plan
Change since last sale+38.2% 
Rent (median asking, studio)AED 65,000Gross yield 6.0%
Bedroomsstudio
Size440 sq ft
Floor17 (from the unit number)
Position in the towerStack 21: units ending 21 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 1721

DatePriceSizeAED/sq ftType
30 Jun 2020AED 785,000440 sq ft1,784Off-plan

Units ending 21 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10217 Aug 2026AED 850,000440 sq ft1,932Resale
62112 May 2026AED 1,100,000446 sq ft2,466Resale
19214 Dec 2025AED 1,085,000440 sq ft2,466Resale
12214 Sep 2025AED 1,120,000440 sq ft2,545Resale
18212 May 2025AED 1,060,000440 sq ft2,409Resale
15211 May 2025AED 1,125,000440 sq ft2,557Resale
92111 Sep 2024AED 1,070,000440 sq ft2,432Resale
182112 Jan 2024AED 1,000,000440 sq ft2,273Resale

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 6 resale sales of units ending 21 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,466). We multiplied it by the size of this unit (440 sq ft). The range uses the middle half of those sales (AED 2,423 to AED 2,526 per sq ft). 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 1721 at MAG 318 worth?

About AED 1,085,000 (range AED 1,066,000 to AED 1,111,000), based on AED 2,466 per sq ft from registered sales up to 16 Sep 2026.

When did unit 1721 last sell?

30 Jun 2020, for AED 785,000 (off-plan). It has 1 registered sale.

What rent can unit 1721 make?

A studio in MAG 318 rents for about AED 65,000 a year (median asking rent). That is a gross yield of 6.0% on the estimate.

Sales alert for MAG 318All sales in MAG 318

Unit 1714 · Unit 1722