Unit 511 at MAG 318 is a 2 bed of 967 sq ft. It last sold for AED 2,300,000 on 15 Dec 2020. At AED 2,230 per sq ft, from 4 sales of units ending 11 (same position in the tower), it is worth about AED 2,156,000 today.
| Bedrooms | 2 bed |
|---|---|
| Size | 967 sq ft |
| Floor | 5 (from the unit number) |
| Position in the tower | Stack 11: units ending 11 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 2,300,000 | 967 sq ft | 2,378 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 711 | 16 Sep 2026 | AED 2,000,000 | 967 sq ft | 2,068 | Resale |
| 1311 | 22 Aug 2025 | AED 1,020,000 | 436 sq ft | 2,339 | Resale |
| 1411 | 4 Jun 2025 | AED 1,075,000 | 436 sq ft | 2,466 | Resale |
| 711 | 26 Feb 2025 | AED 2,050,000 | 967 sq ft | 2,120 | Resale |
| 1011 | 5 Aug 2024 | AED 1,010,000 | 436 sq ft | 2,317 | Resale |
| 1511 | 25 Aug 2023 | AED 920,000 | 436 sq ft | 2,110 | Resale |
| 2111 | 6 Jul 2023 | AED 1,000,000 | 436 sq ft | 2,294 | Resale |
| 1311 | 22 Dec 2022 | AED 830,000 | 436 sq ft | 1,904 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 711 | 16 Sep 2026 | AED 2,000,000 | 967 sq ft | 2,068 | Resale |
| 408 | 14 Sep 2026 | AED 2,800,000 | 1,602 sq ft | 1,748 | Resale |
| 1202 | 12 Feb 2026 | AED 2,000,000 | 967 sq ft | 2,068 | Resale |
| 1524 | 29 Aug 2025 | AED 2,250,000 | 1,043 sq ft | 2,157 | Resale |
| 1802 | 28 Aug 2025 | AED 2,150,000 | 967 sq ft | 2,223 | Resale |
| 1412 | 21 Jul 2025 | AED 2,255,000 | 966 sq ft | 2,334 | Resale |
| 1112 | 11 Apr 2025 | AED 2,050,000 | 966 sq ft | 2,122 | Resale |
| 1924 | 18 Mar 2025 | AED 2,000,000 | 1,043 sq ft | 1,918 | Resale |
We took the 4 resale sales of units ending 11 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,230). We multiplied it by the size of this unit (967 sq ft). The range uses the middle half of those sales (AED 2,107 to AED 2,371 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,803,874. 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 2,156,000 (range AED 2,038,000 to AED 2,293,000), based on AED 2,230 per sq ft from registered sales up to 16 Sep 2026.
15 Dec 2020, for AED 2,300,000 (off-plan). It has 1 registered sale.
A 2 bed in MAG 318 rents for about AED 130,000 a year (median asking rent). That is a gross yield of 6.0% on the estimate.