Unit 406, MAG 318: what it sold for and what it is worth now

Unit 406 at MAG 318 is a 1 bed of 872 sq ft. It last sold for AED 1,955,000 on 15 Dec 2020. At AED 1,841 per sq ft, from 4 sales in the building in the last 12 months (1 bed), it is worth about AED 1,605,000 today.

Value todayAED 1,605,000AED 1,533,000 to AED 1,720,000
Last saleAED 1,955,00015 Dec 2020 · Off-plan
Change since last sale-17.9%Building trend alone: AED 2,383,293
Rent (median asking, 1 bed)AED 108,900Gross yield 6.8%
Bedrooms1 bed
Size872 sq ft
Floor4 (from the unit number)
Position in the towerStack 06: units ending 06 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 406

DatePriceSizeAED/sq ftType
15 Dec 2020AED 1,955,000872 sq ft2,242Off-plan

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
140616 Mar 2026AED 1,100,000433 sq ft2,540Resale
220631 Jul 2024AED 1,020,000433 sq ft2,356Resale
210631 Oct 2023AED 1,020,000433 sq ft2,356Resale
150613 Mar 2023AED 890,000433 sq ft2,055Resale
110612 Dec 2022AED 900,000433 sq ft2,079Resale
8064 Nov 2021AED 779,220433 sq ft1,800Resale
130626 Aug 2021AED 650,000433 sq ft1,501Resale
200622 Aug 2021AED 912,405433 sq ft2,107Resale

Latest 1 bed sales in MAG 318

UnitDatePriceSizeAED/sq ftType
111327 Jul 2026AED 1,732,516982 sq ft1,764Resale
18011 Jul 2026AED 1,750,000819 sq ft2,137Resale
121322 Jan 2026AED 1,710,000982 sq ft1,741Resale
170118 Sep 2025AED 1,570,000819 sq ft1,917Resale
200114 Apr 2025AED 1,800,000819 sq ft2,198Resale
170130 Oct 2024AED 1,655,000819 sq ft2,021Resale
5012 Aug 2024AED 1,580,000821 sq ft1,924Resale
71411 Jul 2023AED 1,460,000890 sq ft1,640Resale

How we worked out the value

We took the 4 sales in MAG 318 in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,841). We multiplied it by the size of this unit (872 sq ft). The range uses the middle half of those sales (AED 1,759 to AED 1,972 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,383,293. 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 406 at MAG 318 worth?

About AED 1,605,000 (range AED 1,533,000 to AED 1,720,000), based on AED 1,841 per sq ft from registered sales up to 16 Sep 2026.

When did unit 406 last sell?

15 Dec 2020, for AED 1,955,000 (off-plan). It has 1 registered sale.

What rent can unit 406 make?

A 1 bed in MAG 318 rents for about AED 108,900 a year (median asking rent). That is a gross yield of 6.8% on the estimate.

Sales alert for MAG 318All sales in MAG 318

Unit 405 · Unit 407