Project · Business Bay · Sale prices

MAG 318 Property Prices 2026

The median property sale price in MAG 318 was ⃃ 1,093,000 in the 12 months to 16 Oct 2026, based on 30 registered sales — 0.7% lower than the same 12 months a year earlier. The median price per square foot was ⃃ 2,350 (−2.9% year on year). That is 23% below the Dubai-wide median of ⃃ 1,420,000 for the same property mix.

Period: 12 months to 16 Oct 2026Compared with: same 12 months a year earlierSample: 30 salesUpdated: 17 Oct 2026
Median sale price
⃃ 1,093,000
−0.7% YoY
30 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 2,350
−2.9% YoY
30 sales · the 12 months to 16 Oct 2026
Registered sales
30
−33.3% YoY
worth ⃃ 45.41M · the 12 months to 16 Oct 2026
Gross rental yield
7.32%
median rent ⃃ 80,000/yr · yield details

What are the key price figures for MAG 318?

Every headline figure with its period and the evidence behind it.

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 16 Oct 2026.
MetricValuePeriodBasis
Median sale price⃃ 1,093,00012 months to 16 Oct 202630 sales; −0.7% vs the same 12 months a year earlier
Median price per sq ft⃃ 2,35012 months to 16 Oct 202630 sales; −2.9% vs the same 12 months a year earlier
Number of sales3012 months to 16 Oct 2026−33.3% vs the same 12 months a year earlier
Total sales value⃃ 45,405,62612 months to 16 Oct 2026−25.1% vs the same 12 months a year earlier
Lowest / highest sale⃃ 850K – ⃃ 8.98M12 months to 16 Oct 2026single registered sales (not typical prices)
Median annual rent⃃ 80,00012 months to 16 Oct 2026248 units currently rented
Gross rental yield7.32%12 months to 16 Oct 2026before service charges and vacancy; rounded to two decimal places
Capital appreciation0.0%12 months to 16 Oct 2026change in property value over the period
Units on record495current30 sold in the 12 months to 16 Oct 2026 (6.1% of stock)
Units available for sale179currentactive listings matched to units
Developer (primary) median price⃃ 821,000all time445 developer sales; ⃃ 1,820 per sq ft
Launch date18/05/2017—project record
Completion / handover date06/12/2020—project record

How have property prices in MAG 318 changed since 2017?

Median price per square foot and number of sales by calendar year. 2026 is year to date.

2017–2026 (to 16 Oct 2026)
MAG 318 median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
201791,768
20181231,799
2019801,803
20201132,088
20211371,751
2022411,906
2023412,166
2024302,317
2025482,446
2026 YTD232,227
Registered sales and median price per sq ft by year, MAG 318. Source: DXBinteract. The same figures are in the table below.
2026 runs to 16 Oct 2026; its sales change is not shown because the source compares it with the whole of 2025.
YearSalesSales YoYValueMedian pricePer sq ftPer sq ft YoY
2026 (to 16 Oct 2026)23part year⃃ 37.7M⃃ 1,069,000⃃ 2,227−8.9%
202548+60.0%⃃ 63.54M⃃ 1,100,000⃃ 2,446+5.6%
202430−26.8%⃃ 35.27M⃃ 1,040,000⃃ 2,317+7.0%
2023410.0%⃃ 39.9M⃃ 950,000⃃ 2,166+13.6%
202241−70.1%⃃ 40.89M⃃ 875,000⃃ 1,906+8.9%
2021137+21.2%⃃ 146.49M⃃ 856,577⃃ 1,751−16.1%
2020113+41.3%⃃ 177.84M⃃ 1,717,100⃃ 2,088+15.8%
201980−35.0%⃃ 71.64M⃃ 792,893⃃ 1,803+0.2%
2018123+1266.7%⃃ 103.22M⃃ 790,000⃃ 1,799+1.7%
20179—⃃ 7M⃃ 776,165⃃ 1,768—

Transactions by year: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · all years

How does MAG 318 compare with Business Bay and Dubai?

Same property mix, same window (the 12 months to 16 Oct 2026).

MetricMAG 318Business BayDubai
Median sale price⃃ 1,093,000⃃ 2,193,000⃃ 1,420,000
Median price per sq ft⃃ 2,350⃃ 2,500⃃ 1,740
Price per sq ft YoY−2.9%+5.0%+6.4%
Sales307,949173,241
Gross rental yield7.32%4.74%4.44%

What are the latest registered sales in MAG 318?

The ten most recently registered sales. Individual sales are evidence, not typical prices.

DatePropertyTypeSizePricePer sq ftMarket
16/09/2026MAG 3182 beds · Apartment967 sq ft⃃ 2,000,000⃃ 2,068Resale · Ready
14/09/2026MAG 3182 beds · Apartment1,602 sq ft⃃ 2,800,000⃃ 1,748Resale · Ready
27/08/2026MAG 318Studio Apartment433 sq ft⃃ 920,000⃃ 2,125Resale · Ready
07/08/2026MAG 318Studio Apartment440 sq ft⃃ 850,000⃃ 1,932Resale · Ready
27/07/2026MAG 3181 bed · Apartment982 sq ft⃃ 1,732,516⃃ 1,764Resale · Ready
21/07/2026MAG 318Studio Apartment441 sq ft⃃ 850,000⃃ 1,927Resale · Ready
20/07/2026MAG 318Studio Apartment433 sq ft⃃ 990,000⃃ 2,286Resale · Ready
20/07/2026MAG 318Studio Apartment432 sq ft⃃ 1,000,000⃃ 2,315Resale · Ready
13/07/2026MAG 318Studio Apartment440 sq ft⃃ 980,000⃃ 2,227Resale · Ready
09/07/2026MAG 318Studio Apartment446 sq ft⃃ 950,000⃃ 2,130Resale · Ready

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How these figures are calculated

Median, not average
Every price is the median of registered sales — half sold for more, half for less — so a handful of trophy deals cannot pull it up.
Period
Headline figures cover the 12 months to 16 Oct 2026; changes compare them with the same 12 months a year earlier. Calendar-year figures are in the history table; the current year is year to date.
Scope
All registered sales of apartments, villas, commercial units, buildings and plots, both primary (developer) and resale, off-plan and ready. Gifts, grants and non-sale registrations are excluded.
Price per sq ft
Median of each sale’s price divided by its registered size in square feet.
Gross rental yield
Annual rent as a percentage of price, before service charges, fees and vacancy, as calculated in the source dataset and rounded to two decimal places.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-prices/mag-318
MAG 318 Property Prices 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/mag-318

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the average property price in MAG 318?
The median property sale price in MAG 318 was ⃃ 1,093,000 in the 12 months to 16 Oct 2026, from 30 registered sales. DXBinteract reports the median (the middle sale) rather than the arithmetic mean, so a few very large deals do not distort it.
What is the price per square foot in MAG 318?
The median price per square foot of MAG 318 was ⃃ 2,350 in the 12 months to 16 Oct 2026, −2.9% compared with the same 12 months a year earlier.
How many properties were sold in MAG 318 in the last 12 months?
30 sales worth ⃃ 45,405,626 were registered in MAG 318 in the 12 months to 16 Oct 2026 (−33.3% year on year).
Are property prices in MAG 318 going up?
Over the 12 months to 16 Oct 2026 the median price per square foot of MAG 318 changed −2.9%. In calendar year 2025 it was ⃃ 2,446 (+5.6% on 2024), and ⃃ 2,227 so far in 2026.
What is the rental yield in MAG 318?
The gross rental yield of MAG 318 is 7.32% (the 12 months to 16 Oct 2026), with a median annual rent of ⃃ 80,000. Gross yield is before service charges, fees and vacancy.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-prices/mag-318