Unit 213, Magnolia 1: what it sold for and what it is worth now

Unit 213 at Magnolia 1 is a studio of 483 sq ft. It last sold for AED 285,000 on 4 Aug 2022. At AED 893 per sq ft, from 5 sales in the building in the last 12 months (studio), it is worth about AED 431,000 today.

Value todayAED 431,000AED 385,000 to AED 457,000
Last saleAED 285,0004 Aug 2022 · Resale
Change since last sale+51.2% 
Rent (median asking, studio)AED 43,000Gross yield 10.0%
Bedroomsstudio
Size483 sq ft
Floor2 (from the unit number)
Position in the towerStack 13: units ending 13 share the same layout and view
BuildingMagnolia 1 by DAMAC Properties, handed over 2010
Registered sales of this unit1

Every registered sale of unit 213

DatePriceSizeAED/sq ftType
4 Aug 2022AED 285,000483 sq ft590Resale

Units ending 13 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
4134 Jan 2024AED 440,000526 sq ft837Resale

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 (483 sq ft). The range uses the middle half of those sales (AED 798 to AED 947 per sq ft). 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 213 at Magnolia 1 worth?

About AED 431,000 (range AED 385,000 to AED 457,000), based on AED 893 per sq ft from registered sales up to 7 Oct 2026.

When did unit 213 last sell?

4 Aug 2022, for AED 285,000 (resale). It has 1 registered sale.

What rent can unit 213 make?

A studio in Magnolia 1 rents for about AED 43,000 a year (median asking rent). That is a gross yield of 10.0% on the estimate.

Sales alert for Magnolia 1All sales in Magnolia 1

Unit 211 · Unit 216