Unit 306 at Magnolia 1 is a studio of 560 sq ft. It last sold for AED 500,000 on 8 Apr 2026. At AED 893 per sq ft, from 5 sales in the building in the last 12 months (studio), it is worth about AED 500,000 today.
| Bedrooms | studio |
|---|---|
| Size | 560 sq ft |
| Floor | 3 (from the unit number) |
| Position in the tower | Stack 06: units ending 06 share the same layout and view |
| Building | Magnolia 1 by DAMAC Properties, handed over 2010 |
| Registered sales of this unit | 2 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 8 Apr 2026 | AED 500,000 | 560 sq ft | 893 | Resale |
| 2 Mar 2023 | AED 350,000 | 560 sq ft | 625 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 406 | 11 Feb 2026 | AED 960,000 | 1,550 sq ft | 619 | Resale |
| 206 | 12 Jul 2023 | AED 390,000 | 531 sq ft | 734 | Resale |
| 206 | 15 Mar 2021 | AED 250,000 | 531 sq ft | 471 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 217 | 10 Jul 2026 | AED 445,000 | 470 sq ft | 947 | Resale |
| 107 | 26 Mar 2026 | AED 450,000 | 564 sq ft | 798 | Resale |
| 319 | 6 Mar 2026 | AED 580,000 | 742 sq ft | 782 | Resale |
| 202 | 29 Jan 2026 | AED 610,000 | 608 sq ft | 1,003 | Resale |
| 414 | 19 Aug 2025 | AED 505,000 | 539 sq ft | 937 | Resale |
| 119 | 5 May 2025 | AED 540,000 | 737 sq ft | 733 | Resale |
| 120 | 11 Feb 2025 | AED 550,000 | 757 sq ft | 727 | Resale |
| 312 | 22 Jan 2025 | AED 350,000 | 483 sq ft | 725 | Resale |
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 (560 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 500,000. Floor, view, condition and upgrades can move the price either way. Sales data to 7 Oct 2026, from the Dubai Land Department register.
About AED 500,000 (range AED 447,000 to AED 530,000), based on AED 893 per sq ft from registered sales up to 7 Oct 2026.
8 Apr 2026, for AED 500,000 (resale). It has 2 registered sales.
A studio in Magnolia 1 rents for about AED 43,000 a year (median asking rent). That is a gross yield of 8.6% on the estimate.