Unit 402 at MAG 318 is a studio of 438 sq ft. It last sold for AED 1,075,000 on 15 Dec 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.
| Bedrooms | studio |
|---|---|
| Size | 438 sq ft |
| Floor | 4 (from the unit number) |
| Position in the tower | Stack 02: units ending 02 share the same layout and view |
| Building | MAG 318 by MAG Property Development, handed over 2021 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 15 Dec 2020 | AED 1,075,000 | 438 sq ft | 2,454 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 1202 | 12 Feb 2026 | AED 2,000,000 | 967 sq ft | 2,068 | Resale |
| 1802 | 28 Aug 2025 | AED 2,150,000 | 967 sq ft | 2,223 | Resale |
| 1502 | 13 Aug 2024 | AED 1,880,000 | 967 sq ft | 1,944 | Resale |
| 2002 | 18 Aug 2021 | AED 1,795,761 | 967 sq ft | 1,857 | Off-plan |
| 2202 | 8 Jul 2021 | AED 1,892,754 | 967 sq ft | 1,957 | Resale |
| 502 | 1 Apr 2021 | AED 1,590,765 | 967 sq ft | 1,645 | Resale |
| 1002 | 6 Jan 2021 | AED 1,853,882 | 967 sq ft | 1,917 | Resale |
| 1202 | 5 Jan 2021 | AED 2,001,000 | 967 sq ft | 2,069 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 908 | 27 Aug 2026 | AED 920,000 | 433 sq ft | 2,125 | Resale |
| 1021 | 7 Aug 2026 | AED 850,000 | 440 sq ft | 1,932 | Resale |
| 1822 | 21 Jul 2026 | AED 850,000 | 441 sq ft | 1,927 | Resale |
| 1604 | 20 Jul 2026 | AED 990,000 | 433 sq ft | 2,286 | Resale |
| 1307 | 20 Jul 2026 | AED 1,000,000 | 432 sq ft | 2,315 | Resale |
| 1319 | 13 Jul 2026 | AED 980,000 | 440 sq ft | 2,227 | Resale |
| 2123 | 9 Jul 2026 | AED 950,000 | 446 sq ft | 2,130 | Resale |
| 609 | 2 Jul 2026 | AED 1,069,000 | 434 sq ft | 2,463 | Resale |
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 1,310,506. Floor, view, condition and upgrades can move the price either way. Sales data to 16 Sep 2026, from the Dubai Land Department register.
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.
15 Dec 2020, for AED 1,075,000 (off-plan). It has 1 registered sale.
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.