Unit 720, MAG 318: what it sold for and what it is worth now

Unit 720 at MAG 318 is a studio of 441 sq ft. It last sold for AED 680,000 on 16 Nov 2021. At AED 2,608 per sq ft, from 3 sales of units ending 20 (same position in the tower), it is worth about AED 1,150,000 today.

Value todayAED 1,150,000AED 1,113,000 to AED 1,190,000
Last saleAED 680,00016 Nov 2021 · Resale
Change since last sale+69.1%Building trend alone: AED 913,941
Rent (median asking, studio)AED 65,000Gross yield 5.7%
Bedroomsstudio
Size441 sq ft
Floor7 (from the unit number)
Position in the towerStack 20: units ending 20 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 720

DatePriceSizeAED/sq ftType
16 Nov 2021AED 680,000441 sq ft1,542Resale

Units ending 20 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
18208 Dec 2025AED 1,150,000441 sq ft2,608Resale
192028 Jul 2025AED 1,075,000441 sq ft2,438Resale
6207 Jul 2025AED 1,230,000441 sq ft2,789Resale
102030 Aug 2023AED 960,000441 sq ft2,177Resale
8205 Jul 2023AED 1,000,000441 sq ft2,268Resale
82027 Jan 2023AED 935,000441 sq ft2,120Resale
6208 Sep 2022AED 910,000441 sq ft2,063Resale
16201 Apr 2022AED 840,000441 sq ft1,905Resale

Latest studio sales in MAG 318

UnitDatePriceSizeAED/sq ftType
90827 Aug 2026AED 920,000433 sq ft2,125Resale
10217 Aug 2026AED 850,000440 sq ft1,932Resale
182221 Jul 2026AED 850,000441 sq ft1,927Resale
160420 Jul 2026AED 990,000433 sq ft2,286Resale
130720 Jul 2026AED 1,000,000432 sq ft2,315Resale
131913 Jul 2026AED 980,000440 sq ft2,227Resale
21239 Jul 2026AED 950,000446 sq ft2,130Resale
6092 Jul 2026AED 1,069,000434 sq ft2,463Resale

How we worked out the value

We took the 3 resale sales of units ending 20 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,608). We multiplied it by the size of this unit (441 sq ft). The range uses the middle half of those sales (AED 2,523 to AED 2,698 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 913,941. 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 720 at MAG 318 worth?

About AED 1,150,000 (range AED 1,113,000 to AED 1,190,000), based on AED 2,608 per sq ft from registered sales up to 16 Sep 2026.

When did unit 720 last sell?

16 Nov 2021, for AED 680,000 (resale). It has 1 registered sale.

What rent can unit 720 make?

A studio in MAG 318 rents for about AED 65,000 a year (median asking rent). That is a gross yield of 5.7% on the estimate.

Sales alert for MAG 318All sales in MAG 318

Unit 719 · Unit 722