Unit 1722, MAG 318: what it sold for and what it is worth now

Unit 1722 at MAG 318 is a studio of 441 sq ft. It last sold for AED 675,000 on 13 Jul 2021. At AED 2,336 per sq ft, from 4 sales of units ending 22 (same position in the tower), it is worth about AED 1,030,000 today.

Value todayAED 1,030,000AED 978,000 to AED 1,049,000
Last saleAED 675,00013 Jul 2021 · Resale
Change since last sale+52.6%Building trend alone: AED 924,212
Rent (median asking, studio)AED 65,000Gross yield 6.3%
Bedroomsstudio
Size441 sq ft
Floor17 (from the unit number)
Position in the towerStack 22: units ending 22 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 1722

DatePriceSizeAED/sq ftType
13 Jul 2021AED 675,000441 sq ft1,531Resale

Units ending 22 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
182221 Jul 2026AED 850,000441 sq ft1,927Resale
192225 Aug 2025AED 1,075,000441 sq ft2,438Resale
15223 Apr 2025AED 1,040,000441 sq ft2,358Resale
182225 Feb 2025AED 1,020,000441 sq ft2,313Resale
132228 Aug 2024AED 1,030,000441 sq ft2,336Resale
222215 Mar 2024AED 1,050,000441 sq ft2,381Resale
182211 Jan 2024AED 950,000441 sq ft2,154Resale
22222 Feb 2023AED 975,000441 sq ft2,211Resale

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 22 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,336). We multiplied it by the size of this unit (441 sq ft). The range uses the middle half of those sales (AED 2,217 to AED 2,378 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 924,212. 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 1722 at MAG 318 worth?

About AED 1,030,000 (range AED 978,000 to AED 1,049,000), based on AED 2,336 per sq ft from registered sales up to 16 Sep 2026.

When did unit 1722 last sell?

13 Jul 2021, for AED 675,000 (resale). It has 1 registered sale.

What rent can unit 1722 make?

A studio in MAG 318 rents for about AED 65,000 a year (median asking rent). That is a gross yield of 6.3% on the estimate.

Sales alert for MAG 318All sales in MAG 318

Unit 1721 · Unit 1801