Unit 408 at Magnolia 1 is a 2 bed of 1,951 sq ft. It last sold for AED 1,000,000 on 12 Sep 2023. At AED 782 per sq ft, from 13 sales in the building in the last 12 months, it is worth about AED 1,525,000 today.
| Bedrooms | 2 bed |
|---|---|
| Size | 1,951 sq ft |
| Floor | 4 (from the unit number) |
| Position in the tower | Stack 08: units ending 08 share the same layout and view |
| Building | Magnolia 1 by DAMAC Properties, handed over 2010 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 12 Sep 2023 | AED 1,000,000 | 1,951 sq ft | 513 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 108 | 2 Aug 2023 | AED 340,000 | 564 sq ft | 603 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 407 | 7 Sep 2026 | AED 1,295,000 | 2,268 sq ft | 571 | Resale |
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 (1,951 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 1,260,804. 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 1,525,000 (range AED 1,360,000 to AED 1,742,000), based on AED 782 per sq ft from registered sales up to 7 Oct 2026.
12 Sep 2023, for AED 1,000,000 (resale). It has 1 registered sale.