Unit 2118, MAG 318: what it sold for and what it is worth now

Unit 2118 at MAG 318 is a studio of 441 sq ft. It last sold for AED 889,712 on 4 Nov 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 1,069,000 today.

Value todayAED 1,069,000AED 982,000 to AED 1,095,000
Last saleAED 889,7124 Nov 2020 · Off-plan
Change since last sale+20.2%Building trend alone: AED 1,058,016
Rent (median asking, studio)AED 65,000Gross yield 6.1%
Bedroomsstudio
Size441 sq ft
Floor21 (from the unit number)
Position in the towerStack 18: units ending 18 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 2118

DatePriceSizeAED/sq ftType
4 Nov 2020AED 889,712441 sq ft2,017Off-plan

Units ending 18 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
191826 Nov 2025AED 1,080,000441 sq ft2,449Resale
22186 Aug 2025AED 1,140,000441 sq ft2,585Resale
121825 Aug 2023AED 1,000,000441 sq ft2,268Resale
9186 Oct 2022AED 969,500441 sq ft2,198Resale
121825 Nov 2021AED 630,000441 sq ft1,429Resale
101826 Aug 2021AED 550,000441 sq ft1,247Resale
9189 Aug 2021AED 680,000441 sq ft1,542Resale
14185 Aug 2021AED 757,279441 sq ft1,717Resale

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 (441 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 1,058,016. 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 2118 at MAG 318 worth?

About AED 1,069,000 (range AED 982,000 to AED 1,095,000), based on AED 2,425 per sq ft from registered sales up to 16 Sep 2026.

When did unit 2118 last sell?

4 Nov 2020, for AED 889,712 (off-plan). It has 1 registered sale.

What rent can unit 2118 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 2117 · Unit 2119