Unit 102, Magnolia 1: what it sold for and what it is worth now

Unit 102 at Magnolia 1 is a studio of 608 sq ft. It last sold for AED 450,000 on 15 Jul 2024. At AED 893 per sq ft, from 5 sales in the building in the last 12 months (studio), it is worth about AED 543,000 today.

Value todayAED 543,000AED 485,000 to AED 576,000
Last saleAED 450,00015 Jul 2024 · Resale
Change since last sale+20.7%Building trend alone: AED 493,104
Rent (median asking, studio)AED 43,000Gross yield 7.9%
Bedroomsstudio
Size608 sq ft
Floor1 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingMagnolia 1 by DAMAC Properties, handed over 2010
Registered sales of this unit1

Every registered sale of unit 102

DatePriceSizeAED/sq ftType
15 Jul 2024AED 450,000608 sq ft740Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20229 Jan 2026AED 610,000608 sq ft1,003Resale

Latest studio sales in Magnolia 1

UnitDatePriceSizeAED/sq ftType
21710 Jul 2026AED 445,000470 sq ft947Resale
3068 Apr 2026AED 500,000560 sq ft893Resale
10726 Mar 2026AED 450,000564 sq ft798Resale
3196 Mar 2026AED 580,000742 sq ft782Resale
20229 Jan 2026AED 610,000608 sq ft1,003Resale
41419 Aug 2025AED 505,000539 sq ft937Resale
1195 May 2025AED 540,000737 sq ft733Resale
12011 Feb 2025AED 550,000757 sq ft727Resale

How we worked out the value

We took the 5 sales in Magnolia 1 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 893). We multiplied it by the size of this unit (608 sq ft). The range uses the middle half of those sales (AED 798 to AED 947 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 493,104. Floor, view, condition and upgrades can move the price either way. Sales data to 7 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 102 at Magnolia 1 worth?

About AED 543,000 (range AED 485,000 to AED 576,000), based on AED 893 per sq ft from registered sales up to 7 Oct 2026.

When did unit 102 last sell?

15 Jul 2024, for AED 450,000 (resale). It has 1 registered sale.

What rent can unit 102 make?

A studio in Magnolia 1 rents for about AED 43,000 a year (median asking rent). That is a gross yield of 7.9% on the estimate.

Sales alert for Magnolia 1All sales in Magnolia 1

Unit 105