Unit 407, Magnolia 1: what it sold for and what it is worth now

Unit 407 at Magnolia 1 is a 2 bed of 2,268 sq ft. It last sold for AED 1,295,000 on 7 Sep 2026. At AED 782 per sq ft, from 13 sales in the building in the last 12 months, it is worth about AED 1,773,000 today.

Value todayAED 1,773,000AED 1,581,000 to AED 2,025,000
Last saleAED 1,295,0007 Sep 2026 · Resale
Change since last sale+36.9%Building trend alone: AED 1,268,704
Bedrooms2 bed
Size2,268 sq ft
Floor4 (from the unit number)
Position in the towerStack 07: units ending 07 share the same layout and view
BuildingMagnolia 1 by DAMAC Properties, handed over 2010
Registered sales of this unit1

Every registered sale of unit 407

DatePriceSizeAED/sq ftType
7 Sep 2026AED 1,295,0002,268 sq ft571Resale

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10726 Mar 2026AED 450,000564 sq ft798Resale

Latest 2 bed sales in Magnolia 1

UnitDatePriceSizeAED/sq ftType
40812 Sep 2023AED 1,000,0001,951 sq ft513Resale

How we worked out the value

We took the 13 sales in Magnolia 1 in the last 12 months, worked out the price per sq ft of each, and used the middle value (AED 782). We multiplied it by the size of this unit (2,268 sq ft). The range uses the middle half of those sales (AED 697 to AED 893 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,268,704. 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 407 at Magnolia 1 worth?

About AED 1,773,000 (range AED 1,581,000 to AED 2,025,000), based on AED 782 per sq ft from registered sales up to 7 Oct 2026.

When did unit 407 last sell?

7 Sep 2026, for AED 1,295,000 (resale). It has 1 registered sale.

Sales alert for Magnolia 1All sales in Magnolia 1

Unit 406 · Unit 408