Unit 1803, MAG 318: what it sold for and what it is worth now

Unit 1803 at MAG 318 is a studio of 438 sq ft. It last sold for AED 824,196 on 6 Sep 2020. At AED 2,425 per sq ft, from 21 sales in the building in the last 12 months (studio), it is worth about AED 1,062,000 today.

Value todayAED 1,062,000AED 976,000 to AED 1,087,000
Last saleAED 824,1966 Sep 2020 · Off-plan
Change since last sale+28.9%Building trend alone: AED 944,146
Rent (median asking, studio)AED 65,000Gross yield 6.1%
Bedroomsstudio
Size438 sq ft
Floor18 (from the unit number)
Position in the towerStack 03: units ending 03 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 1803

DatePriceSizeAED/sq ftType
6 Sep 2020AED 824,196438 sq ft1,882Off-plan

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
4033 Feb 2026AED 1,050,000433 sq ft2,425Resale
40313 May 2024AED 980,000433 sq ft2,263Resale
130312 Feb 2024AED 970,000438 sq ft2,215Resale
140318 Oct 2023AED 950,000438 sq ft2,169Resale
120314 Mar 2023AED 840,000438 sq ft1,918Resale
16039 Dec 2022AED 905,000438 sq ft2,066Resale
5032 Nov 2021AED 745,000438 sq ft1,701Resale
7037 Jun 2021AED 680,000438 sq ft1,553Resale

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 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 (438 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 944,146. 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 1803 at MAG 318 worth?

About AED 1,062,000 (range AED 976,000 to AED 1,087,000), based on AED 2,425 per sq ft from registered sales up to 16 Sep 2026.

When did unit 1803 last sell?

6 Sep 2020, for AED 824,196 (off-plan). It has 1 registered sale.

What rent can unit 1803 make?

A studio in MAG 318 rents for about AED 65,000 a year (median asking rent). That is a gross yield of 6.1% on the estimate.

Sales alert for MAG 318All sales in MAG 318

Unit 1802 · Unit 1805