MAG 318

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by MAG
495
Total Units
445
Sold
AED 970,000
Median Price
AED 1,990
Median Price /sqft
Construction progress: 100%
Start: May, 2017Completion: Dec, 2020

MAG 318 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio316430 sqft - 450 sqftAED 1.1M (2,420 /sqft)AED 2,500 /sqft
-3.06
1 Bed48820 sqft - 1,560 sqftAED 1.7M (1,760 /sqft)AED 2,420 /sqft
-27.14
2 Beds75970 sqft - 2,080 sqftAED 2M (2,070 /sqft)AED 2,420 /sqft
-14.44

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
Commercial, B1-ST01292 sqftCheck Availability
Commercial, B1-ST01292 sqftCheck Availability
Commercial, B1-ST02365 sqftCheck Availability
Commercial, B1-ST02365 sqftCheck Availability
Commercial, B1-ST03450 sqftCheck Availability
Commercial, B1-ST03450 sqftCheck Availability
Commercial, B2-ST01292 sqftCheck Availability
Commercial, B2-ST01292 sqftCheck Availability
Commercial, B2-ST02365 sqftCheck Availability
Commercial, B2-ST02365 sqftCheck Availability
Commercial, B2-ST03408 sqftCheck Availability
Commercial, B2-ST03408 sqftCheck Availability
Commercial, L10-ST0185 sqftCheck Availability
Commercial, L10-ST0185 sqftCheck Availability
Commercial, L11-ST0185 sqftCheck Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment982 sqft16.34 sqft 10AED 2,050,000AED 2,088 /sqft 15, Dec 2020
1Apartment819 sqft16.34 sqft 10AED 1,526,940AED 1,864 /sqft 06, Jan 2021
2Apartment1,045 sqft12.46 sqft 10AED 2,300,000AED 2,201 /sqft 15, Dec 2020
2Apartment966 sqft13.4 sqft 10AED 2,250,000AED 2,329 /sqft 15, Dec 2020
2Apartment1,043 sqft12.46 sqft 10AED 2,144,295AED 2,056 /sqft 05, Jan 2021
2Apartment967 sqft13.39 sqft 10AED 1,853,882AED 1,917 /sqft 06, Jan 2021
StudioApartment441 sqft8.47 sqft 10AED 1,100,000AED 2,494 /sqft 20, Oct 2025
StudioApartment446 sqft8.87 sqft 10AED 1,040,000AED 2,332 /sqft 12, Nov 2024
StudioApartment436 sqft8.11 sqft 10AED 1,010,000AED 2,317 /sqft 05, Aug 2024
StudioApartment432 sqft7.71 sqft 10AED 1,000,000AED 2,315 /sqft 29, Jan 2026
StudioApartment433 sqft7.71 sqft 10AED 1,000,000AED 2,309 /sqft 13, Nov 2023
StudioApartment441 sqft8.47 sqft 10AED 960,000AED 2,177 /sqft 30, Aug 2023
StudioApartment432 sqft7.71 sqft 10AED 950,000AED 2,199 /sqft 30, Jan 2024
StudioApartment440 sqft8.47 sqft 10AED 850,000AED 1,932 /sqft 07, Aug 2026
StudioApartment440 sqft8.47 sqft 10AED 832,291AED 1,892 /sqft 15, Apr 2019

MAG 318 Real Estate Data – FAQ

  • What is the current property supply in MAG 318?

    MAG 318 has a total residential supply of approximately 175 units. This represents completed and available inventory within the area.

    #LIST_BADGE#
  • How active is the real estate market in MAG 318?

    MAG 318 recorded 30 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

    #LIST_BADGE#
  • What is the average price /sqft in MAG 318?

    The median transaction price in MAG 318 is AED 2,350 /sqft , based on actual recorded sales transactions, not listing prices.

    #LIST_BADGE#
  • What rental yield can investors expect in MAG 318?

    The gross rental yield in MAG 318 is approximately 7%, calculated using median rental income divided by median sale prices for comparable properties.

    #LIST_BADGE#
  • How much have property prices increased in MAG 318?

    Property prices in MAG 318 have shown a capital appreciation of 0% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

    #LIST_BADGE#
  • How many off-plan projects are currently in MAG 318?

    There are currently 0 active off-plan projects in MAG 318, reflecting strong developer activity and future supply pipeline.

    #LIST_BADGE#
  • What is the future supply pipeline in MAG 318?

    The total off-plan pipeline in MAG 318 includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

    #LIST_BADGE#
  • Is MAG 318 a good area for property investment?

    MAG 318 is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

    #LIST_BADGE#
  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

    #LIST_BADGE#
  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

    #LIST_BADGE#
  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In MAG 318, this is %, indicating relatively strong income performance compared to global markets.

    #LIST_BADGE#