1017, MAG 318 Tower
Sold prices and rental history: sold twice, last in October 2025, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1017, MAG 318 Tower
What is 1017 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 October 2025.
Key facts
- Type
- Apartment
- Size
- 441 sqft
- Floor
- 10th of 22
- Parking
- P2-33
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,200 /yr
- Last sold
- AED 1.1M · October 2025
- Building
- MAG 318 Tower
About 1017, MAG 318 Tower
1017 is an apartment of 441 sqft on the 10th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 20 October 2025 for AED 1,100,000, or AED 2,495 per sqft.
It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 2 May 2025, is AED 66,000 a year: a gross yield of 6.0% on the 2025 price, before the service charge of about AED 10,200 a year.
MAG 318 Tower
Building439 apartments, studios to 2-bed over 22 floors in Business Bay, completed in 2020 by MAG. 10 sold in the last 12 months.
- Typical price per sqft
- AED 2,457 Up 1.3%
- Typical sale
- AED 1.09M
- Typical rent
- AED 85K /yr
- Typical yield
- 6.7%
Other units on the 10th floor
All 439 units in MAG 318 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 819 sqft | AED 1.53MAED 1,526,940 · Jan 2021January 2021 | 110,000 /yr | |
| 1002 | 2-bed | 967 sqft | AED 1.85MAED 1,853,882 · Jan 2021January 2021 | 140,000 /yr | |
| 1003 | Studio | 438 sqft | AED 760KAED 760,000 · Feb 2019February 2019 | 57,000 /yr | |
| 1004 | Studio | 433 sqft | AED 760KAED 760,000 · Jul 2021July 2021 | 70,000 /yr | |
| 1005 | Studio | 432 sqft | AED 775KAED 775,000 · Apr 2019April 2019 | 75,000 /yr | |
| 1006 | Studio | 433 sqft | AED 760KAED 760,000 · May 2019May 2019 | 70,000 /yr | |
| 1007 | Studio | 432 sqft | AED 1MAED 1,000,000 · Jan 2026January 2026 | 66,000 /yr | |
| 1008 | Studio | 433 sqft | AED 780KAED 780,000 · Apr 2019April 2019 | 75,000 /yr | |
| 1009 | Studio | 433 sqft | AED 1MAED 1,000,000 · Nov 2023November 2023 | 68,000 /yr | |
| 1010 | Studio | 432 sqft | AED 950KAED 950,000 · Jan 2024January 2024 | 62,000 /yr | |
| 1011 | Studio | 436 sqft | AED 1.01MAED 1,010,000 · Aug 2024August 2024 | ||
| 1012 | 2-bed | 966 sqft | AED 2.25MAED 2,250,000 · Dec 2020December 2020 | 160,000 /yr | |
| 1013 | 1-bed | 982 sqft | AED 2.05MAED 2,050,000 · Dec 2020December 2020 | 110,000 /yr | |
| 1014 | 2-bed | 1,045 sqft | AED 2.3MAED 2,300,000 · Dec 2020December 2020 | 150,000 /yr | |
| 1015 | Studio | 444 sqft | AED 745KAED 745,000 · Nov 2021November 2021 | ||
| 1016 | Studio | 440 sqft | AED 832KAED 832,291 · Apr 2019April 2019 | 70,000 /yr | |
| 1018 | Studio | 441 sqft | AED 550KAED 550,000 · Aug 2021August 2021 | 75,000 /yr | |
| 1019 | Studio | 440 sqft | AED 790KAED 790,000 · Dec 2018December 2018 | ||
| 1020 | Studio | 441 sqft | AED 960KAED 960,000 · Aug 2023August 2023 | 65,000 /yr | |
| 1021 | Studio | 440 sqft | AED 780KAED 780,000 · Nov 2019November 2019 | ||
| 1022 | Studio | 441 sqft | AED 810KAED 810,000 · Oct 2018October 2018 | 90,000 /yr | |
| 1023 | Studio | 446 sqft | AED 1.04MAED 1,040,000 · Nov 2024November 2024 | 60,000 /yr | |
| 1024 | 2-bed | 1,043 sqft | AED 2.14MAED 2,144,295 · Jan 2021January 2021 | 120,000 /yr |
1017, MAG 318 Tower in numbers
- Sold twice: first on 20 June 2021 for AED 776,600, last on 20 October 2025 for AED 1,100,000 (AED 2,495 per sqft).
- Rented since May 2024 on 3 Ejari contracts, from AED 96,000 to AED 66,000 a year.
- At AED 66,000 a year the gross yield on the 2025 price is 6.0%, before a service charge of about AED 10,200 a year (AED 23.06 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 20 October 2025.
Questions about 1017, MAG 318 Tower
What did unit 1017 last sell for?
AED 1,100,000 on 20 October 2025: AED 2,495 per sqft for 441 sqft. The unit has 2 registered sales; the first was AED 776,600 in June 2021.
What is the rent for unit 1017?
AED 66,000 a year on the contract renewed on 2 May 2025. The previous contract, from May 2025, was AED 96,000; the unit has been rented since May 2024.
How big is unit 1017?
441 sqft (41.0 sqm): an apartment on the 10th floor of a 22-storey tower completed in 2020.
What is unit 1017 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1017, MAG 318 Tower
Starts from the last sale price (AED 1.1M, 20 October 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →