Unit 711, MAG 318: what it sold for and what it is worth now

Unit 711 at MAG 318 is a 2 bed of 967 sq ft. It last sold for AED 2,000,000 on 16 Sep 2026. 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.

Value todayAED 2,156,000AED 2,038,000 to AED 2,293,000
Last saleAED 2,000,00016 Sep 2026 · Resale
Change since last sale+7.8%Building trend alone: AED 2,160,137
Rent (median asking, 2 bed)AED 130,000Gross yield 6.0%
Bedrooms2 bed
Size967 sq ft
Floor7 (from the unit number)
Position in the towerStack 11: units ending 11 share the same layout and view
BuildingMAG 318 by MAG Property Development, handed over 2021
Registered sales of this unit4

Every registered sale of unit 711

DatePriceSizeAED/sq ftType
16 Sep 2026AED 2,000,000967 sq ft2,068Resale
26 Feb 2025AED 2,050,000967 sq ft2,120Resale
12 Oct 2022AED 2,050,000967 sq ft2,120Resale
3 Jun 2021AED 2,050,000967 sq ft2,120Resale

Units ending 11 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
131122 Aug 2025AED 1,020,000436 sq ft2,339Resale
14114 Jun 2025AED 1,075,000436 sq ft2,466Resale
10115 Aug 2024AED 1,010,000436 sq ft2,317Resale
151125 Aug 2023AED 920,000436 sq ft2,110Resale
21116 Jul 2023AED 1,000,000436 sq ft2,294Resale
131122 Dec 2022AED 830,000436 sq ft1,904Resale
61112 Dec 2022AED 1,700,000967 sq ft1,758Resale
111111 Oct 2022AED 880,000436 sq ft2,018Resale

Latest 2 bed sales in MAG 318

UnitDatePriceSizeAED/sq ftType
40814 Sep 2026AED 2,800,0001,602 sq ft1,748Resale
120212 Feb 2026AED 2,000,000967 sq ft2,068Resale
152429 Aug 2025AED 2,250,0001,043 sq ft2,157Resale
180228 Aug 2025AED 2,150,000967 sq ft2,223Resale
141221 Jul 2025AED 2,255,000966 sq ft2,334Resale
111211 Apr 2025AED 2,050,000966 sq ft2,122Resale
192418 Mar 2025AED 2,000,0001,043 sq ft1,918Resale
18245 Sep 2024AED 2,270,0001,043 sq ft2,176Resale

How we worked out the value

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 2,160,137. 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 711 at MAG 318 worth?

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.

When did unit 711 last sell?

16 Sep 2026, for AED 2,000,000 (resale). It has 4 registered sales.

What rent can unit 711 make?

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.

Sales alert for MAG 318All sales in MAG 318

Unit 710 · Unit 712