Unit 712, MAG 318: what it sold for and what it is worth now

Unit 712 at MAG 318 is a 1 bed of 982 sq ft. It last sold for AED 2,050,000 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 1,807,000 today.

Value todayAED 1,807,000AED 1,727,000 to AED 1,936,000
Last saleAED 2,050,00015 Dec 2020 · Off-plan
Change since last sale-11.9%Building trend alone: AED 2,499,105
Rent (median asking, 1 bed)AED 108,900Gross yield 6.0%
Bedrooms1 bed
Size982 sq ft
Floor7 (from the unit number)
Position in the towerStack 12: units ending 12 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 712

DatePriceSizeAED/sq ftType
15 Dec 2020AED 2,050,000982 sq ft2,088Off-plan

Units ending 12 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
141221 Jul 2025AED 2,255,000966 sq ft2,334Resale
111211 Apr 2025AED 2,050,000966 sq ft2,122Resale
131221 Nov 2022AED 1,337,000966 sq ft1,384Resale
111221 Nov 2022AED 1,251,029966 sq ft1,295Resale
5125 Dec 2021AED 1,650,000982 sq ft1,680Resale
111228 Jul 2021AED 1,251,029966 sq ft1,295Resale
131228 Jul 2021AED 1,253,551966 sq ft1,298Resale
61220 Jun 2021AED 1,977,000982 sq ft2,013Resale

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 (982 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 2,499,105. 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 712 at MAG 318 worth?

About AED 1,807,000 (range AED 1,727,000 to AED 1,936,000), based on AED 1,841 per sq ft from registered sales up to 16 Sep 2026.

When did unit 712 last sell?

15 Dec 2020, for AED 2,050,000 (off-plan). It has 1 registered sale.

What rent can unit 712 make?

A 1 bed in MAG 318 rents for about AED 108,900 a year (median asking rent). That is a gross yield of 6.0% on the estimate.

Sales alert for MAG 318All sales in MAG 318

Unit 711 · Unit 713