Magnolia 2

Completed|97 units · 1 building

Magnolia 2 is a completed development by DAMAC in Jumeirah Village Circle, comprising 97 registered units. 259 sales are registered with the Dubai Land Department, at a current PIX© price of AED 713 per sqft. At AED 713 per sqft, Magnolia 2 prices 39% below the Jumeirah Village Circle median of AED 1,176 per sqft on registered sales.

PIX© price · ↓22.8% YoY

630KAED

Typical

713AED

PSF

Gross yield

11.0%

PIX© rent ÷ PIX© price

Sale records

259

DLD · all time

Rent contracts

815

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationJumeirah Village Circle

Drive times · typical

Downtown Dubai22 min · 21.4 km

DXB Airport27 min · 34.2 km

DIFC27 min · 25.4 km

Dubai Marina21 min · 16.2 km

Palm Jumeirah22 min · 18.2 km

Nearby · straight-line

Metro stationJumeirah Golf Estates5.5 km

MallMe'aisem City Center1.3 km

SchoolSunmarke School1.2 km

HospitalMediclinic Parkview4.7 km

OPEN IN GOOGLE MAPS →

Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 2

…

Studio on Floor 2, Magnolia 2

Size
Record: Mar 2011 to Sep 2026
Owners: 6
Tenants: 6
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
6Tenant 6	1 Sep 2026		Owner 6
6Owner 6	19 Jan 2026	9 mo	Current owner Sold with tenant in place
5Tenant 5	1 Jul 2025	12 mo	Owner 5
4Tenant 4	1 Jul 2023	12 mo	Renewal Owner 5
4Tenant 4	1 Jul 2022	12 mo	Owner 5
5Owner 5	11 Apr 2022	3.8 yrs
3Tenant 3	15 Mar 2021	12 mo	Owner 4
2Tenant 2	15 Mar 2020	12 mo	Owner 4
4Owner 4	6 Jan 2016	6.3 yrs	Sold with tenant in place
1Tenant 1	2 Jul 2014	5.7 yrs	Renewal Owner 3
1Tenant 1	1 Jul 2013	12 mo	Owner 3
3Owner 3	23 Apr 2013	2.7 yrs
2Owner 2	12 Jun 2012	10 mo
Owner 1	25 Apr 2012		Title registered
1Owner 1	17 Mar 2011	15 mo

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Studio · Floor 2 · Magnolia 2

Nightly rateAED

Occupancy (237 nights)

Fees (optional)

Management, cleaning, platform fees: a percent of revenue, or a yearly amount.

Enter a nightly rate to test your scenario against this unit’s record.

Magnolia 2713AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	PIX© Rent /yr	Yield
PIX© Core Project-Wide 464 - 2,234 sqft	97	630K	713	↓22.8%	69K	11.0%
Residential
Studio · Apartment 464 - 759 sqft	45
1 Bed · Apartment 913 - 1,449 sqft	38
2 Bed · Apartment 1,331 - 2,234 sqft	9
Commercial
Shop 532 - 599 sqft	5	-	-	-

Sales - Project-Wide259 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
21 Sep 2026	Studio	Magnolia 2 · Floor 1	539	374,157	695	-21.2%	Entry Level	Standard Sale
21 Sep 2026	Studio	Magnolia 2 · Floor 1	526	367,000	697	-20.9%	Entry Level	Standard Sale
29 Jul 2026	Studio	Magnolia 2 · Floor 2	510	460,000	901	+58.6%	Standard	Standard Sale

Rentals - Project-Wide815 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
3 Nov 2026	Studio	Magnolia 2 · Floor 2	470	48,000	102	-	Premium	CERTIFICATE
1 Nov 2026	Studio	Magnolia 2 · Floor 2	570	42,000	74	-	Standard	CERTIFICATE
14 Oct 2026	Studio	Magnolia 2 · Floor 2	483	41,000	85	-	Standard	CONTRACT

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

Location data © OpenStreetMap contributors

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare2 peers could not be placed

This project

Magnolia 2

Compared with

Rose 1

PIX© PSF

782

Rank

#47 of 48

#46 of 48

Typical price

634K

Yield

8.6%

Units

Sales

Rents

287

251

Developer

DAMAC

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Masaar Residence MASAAR TOWER PROPERTIES DEVELOPMENT L.L.C · Completed	94					58	223
	Mulberry 1 DAMAC · Completed	89					35	270
	Dezire Residences BLUECHIP REAL ESTATE DEVELOPMENT L.L.C · Completed	120					53	345
	Lolena residence AL MASARAT REAL ESTATE DEVELOPMENT (LLC) · Completed	99					41	219
	Lavender 1 DAMAC · Completed	84					29	236
	Magnolia 1 DAMAC · Completed	100					39	308
	May Residence 4 MAY REAL ESTATE DEVELOPMENT · Completed	70					51	201
	Dune Residency BEAVER GULF REAL ESTATE DEVELOPMENT L.L.C · Completed	99					185	320
	Rose 1 DAMAC · Completed	88					38	251
47	Magnolia 2 DAMAC · Completed	97	782	Subject	634K	8.6%	28	287
	Sandoval Gardens 2 BAVARIA GULF SANDOVAL LIMITED · Completed	90					33	193

Community median 1,176 AED/sqft. Showing the closest-ranked peers of 48 ranked projects in the community. 67 community projects excluded for insufficient recorded sales. 148 excluded for trading only in the off-plan market. 12 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Jumeirah Village Circle

The closest-priced registered projects in Jumeirah Village Circle.

Sandoval Gardens 2AED 737/sqft
Rose 1AED 789/sqft
Dune ResidencyAED 804/sqft
May Residence 4AED 834/sqft
Magnolia 1AED 842/sqft
Lavender 1AED 874/sqft

Common questions about Magnolia 2

Answered from Dubai Land Department registered transactions.

How much does a property in Magnolia 2 cost?

Property in Magnolia 2 sells at a current PIX© price of AED 713 per sqft, or about AED 629,640 for a typical unit, based on 259 sales registered with the Dubai Land Department.

Is Magnolia 2 completed?

Yes. Magnolia 2 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Magnolia 2?

Magnolia 2 is developed by DAMAC, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Magnolia 2?

Magnolia 2 yields 11.0% gross, calculated from current PIX© rent against current PIX© sale price, across 815 registered Ejari contracts.

How many units are in Magnolia 2?

Magnolia 2 holds 97 registered units, per the Dubai Land Department unit register.

Have prices in Magnolia 2 gone up or down?

Price per sqft has fallen -22.8% over the last 12 months, to AED 713, across 259 registered sales.