Unit 614, MAG 318: what it sold for and what it is worth now

Unit 614 at MAG 318 is a 1 bed of 890 sq ft. It last sold for AED 1,422,900 on 30 Apr 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 1,638,000 today.

Value todayAED 1,638,000AED 1,565,000 to AED 1,755,000
Last saleAED 1,422,90030 Apr 2020 · Off-plan
Change since last sale+15.1% 
Rent (median asking, 1 bed)AED 108,900Gross yield 6.6%
Bedrooms1 bed
Size890 sq ft
Floor6 (from the unit number)
Position in the towerStack 14: units ending 14 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 614

DatePriceSizeAED/sq ftType
30 Apr 2020AED 1,422,900890 sq ft1,599Off-plan

Units ending 14 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
71411 Jul 2023AED 1,460,000890 sq ft1,640Resale
121423 Aug 2022AED 1,800,0001,045 sq ft1,722Resale
11145 Jul 2021AED 1,721,8741,045 sq ft1,648Resale
121414 Apr 2021AED 1,777,3501,045 sq ft1,701Resale
221425 Feb 2021AED 1,513,1621,045 sq ft1,448Resale
9146 Jan 2021AED 1,904,4131,045 sq ft1,822Resale
19144 Jan 2021AED 2,576,0001,045 sq ft2,465Resale
211422 Dec 2020AED 2,300,0001,045 sq ft2,201Off-plan

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 (890 sq ft). The range uses the middle half of those sales (AED 1,759 to AED 1,972 per sq ft). 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 614 at MAG 318 worth?

About AED 1,638,000 (range AED 1,565,000 to AED 1,755,000), based on AED 1,841 per sq ft from registered sales up to 16 Sep 2026.

When did unit 614 last sell?

30 Apr 2020, for AED 1,422,900 (off-plan). It has 1 registered sale.

What rent can unit 614 make?

A 1 bed in MAG 318 rents for about AED 108,900 a year (median asking rent). That is a gross yield of 6.6% on the estimate.

Sales alert for MAG 318All sales in MAG 318

Unit 613 · Unit 620