Unit 119, Magnolia 1: what it sold for and what it is worth now

Unit 119 at Magnolia 1 is a studio of 737 sq ft. It last sold for AED 540,000 on 5 May 2025. At AED 893 per sq ft, from 5 sales in the building in the last 12 months (studio), it is worth about AED 658,000 today.

Value todayAED 658,000AED 588,000 to AED 698,000
Last saleAED 540,0005 May 2025 · Resale
Change since last sale+21.9%Building trend alone: AED 580,604
Rent (median asking, studio)AED 43,000Gross yield 6.5%
Bedroomsstudio
Size737 sq ft
Floor1 (from the unit number)
Position in the towerStack 19: units ending 19 share the same layout and view
BuildingMagnolia 1 by DAMAC Properties, handed over 2010
Registered sales of this unit2

Every registered sale of unit 119

DatePriceSizeAED/sq ftType
5 May 2025AED 540,000737 sq ft733Resale
30 Aug 2022AED 375,000737 sq ft509Resale

Units ending 19 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
3196 Mar 2026AED 580,000742 sq ft782Resale
3194 Nov 2020AED 370,000742 sq ft499Resale

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
12011 Feb 2025AED 550,000757 sq ft727Resale
31222 Jan 2025AED 350,000483 sq ft725Resale

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 (737 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 580,604. 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 119 at Magnolia 1 worth?

About AED 658,000 (range AED 588,000 to AED 698,000), based on AED 893 per sq ft from registered sales up to 7 Oct 2026.

When did unit 119 last sell?

5 May 2025, for AED 540,000 (resale). It has 2 registered sales.

What rent can unit 119 make?

A studio in Magnolia 1 rents for about AED 43,000 a year (median asking rent). That is a gross yield of 6.5% on the estimate.

Sales alert for Magnolia 1All sales in Magnolia 1

Unit 118 · Unit 120