1106, MAG 318 Tower
Sold prices and rental history: sold twice, last in December 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1106, MAG 318 Tower
What is 1106 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 12 December 2022.
Key facts
- Type
- Studio apartment
- Size
- 433 sqft
- Floor
- 11th of 22
- Parking
- P2-44
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,000 /yr
- Last sold
- AED 900K · December 2022
- Building
- MAG 318 Tower
About 1106, MAG 318 Tower
1106 is a studio of 433 sqft on the 11th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 12 December 2022 for AED 900,000, or AED 2,078 per sqft, 6% above the AED 1,963 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1106 over time
1106 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in MAG 318 Tower, and where 1106 sits
All 299 studios →1106 last sold in December 2022 at AED 2,078 per sqft, 6% above what studios in MAG 318 Tower were fetching at the time (AED 1,963). Over the last 12 months studios sold for AED 1,000,000 to 1,160,000, around AED 2,475 per sqft, and rent for AED 58,000 to 120,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Feb 20263 February 2026 | 433 sqft | 1,050,000 | 2,425 | ||
| 29 Jan 202629 January 2026 | 432 sqft | 1,000,000 | 2,316 | ||
| 27 Jan 202627 January 2026 | 432 sqft | 1,160,000 | 2,686 | ||
| 23 Dec 202523 December 2025 | 441 sqft | 1,100,000 | 2,495 |
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 11th floor
All 439 units in MAG 318 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 819 sqft | AED 1.51MAED 1,511,872 · Sep 2018September 2018 | 125,000 /yr | |
| 1102 | 2-bed | 967 sqft | AED 1.72MAED 1,717,100 · Nov 2020November 2020 | 130,000 /yr | |
| 1103 | Studio | 438 sqft | AED 608KAED 608,000 · May 2021May 2021 | 90,000 /yr | |
| 1104 | Studio | 433 sqft | AED 608KAED 608,000 · May 2021May 2021 | 80,000 /yr | |
| 1105 | Studio | 432 sqft | AED 1.08MAED 1,075,000 · Dec 2020December 2020 | ||
| 1107 | Studio | 432 sqft | AED 818KAED 817,885 · Jun 2020June 2020 | 65,000 /yr | |
| 1108 | Studio | 433 sqft | AED 1.04MAED 1,040,000 · Jan 2025January 2025 | 70,000 /yr | |
| 1109 | 433 sqft | AED 1.1MAED 1,100,000 · Aug 2025August 2025 | 80,000 /yr | ||
| 1110 | Studio | 432 sqft | AED 780KAED 780,000 · Nov 2019November 2019 | 72,000 /yr | |
| 1111 | Studio | 436 sqft | AED 880KAED 880,000 · Oct 2022October 2022 | 95,000 /yr | |
| 1112 | 2-bed | 966 sqft | AED 2.05MAED 2,050,000 · Apr 2025April 2025 | 137,500 /yr | |
| 1113 | 1-bed | 982 sqft | AED 1.71MAED 1,713,735 · Jan 2021January 2021 | 135,000 /yr | |
| 1114 | 2-bed | 1,045 sqft | AED 1.72MAED 1,721,874 · Jul 2021July 2021 | ||
| 1115 | Studio | 444 sqft | AED 900KAED 900,000 · Aug 2022August 2022 | ||
| 1116 | Studio | 440 sqft | AED 877KAED 877,070 · Sep 2020September 2020 | 73,000 /yr | |
| 1117 | Studio | 441 sqft | AED 1.25MAED 1,250,000 · Feb 2025February 2025 | 75,000 /yr | |
| 1118 | Studio | 441 sqft | AED 786KAED 785,612 · Dec 2018December 2018 | 73,197 /yr | |
| 1119 | Studio | 440 sqft | AED 1.25MAED 1,250,000 · Oct 2024October 2024 | 78,000 /yr | |
| 1120 | Studio | 441 sqft | AED 895KAED 894,970 · Nov 2020November 2020 | 70,000 /yr | |
| 1121 | Studio | 440 sqft | AED 1.1MAED 1,100,000 · Dec 2022December 2022 | 82,000 /yr | |
| 1122 | Studio | 441 sqft | AED 825KAED 825,182 · Sep 2020September 2020 | ||
| 1123 | Studio | 446 sqft | AED 1.05MAED 1,050,000 · May 2025May 2025 | 80,000 /yr | |
| 1124 | 2-bed | 1,043 sqft | AED 2.3MAED 2,300,000 · Dec 2020December 2020 | 105,000 /yr |
1106, MAG 318 Tower in numbers
- Sold twice: first on 9 September 2019 for AED 758,248, last on 12 December 2022 for AED 900,000 (AED 2,078 per sqft).
- Studios in MAG 318 Tower sold for AED 1,000,000–1,160,000 in the 12 months to November 2026; the building's median across all types is AED 2,457 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 12 December 2022.
Questions about 1106, MAG 318 Tower
What did unit 1106 last sell for?
AED 900,000 on 12 December 2022: AED 2,078 per sqft for 433 sqft. The unit has 2 registered sales; the first was AED 758,248 in September 2019.
How big is unit 1106?
433 sqft (40.2 sqm): a studio on the 11th floor of a 22-storey tower completed in 2020.
What is unit 1106 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 318 Tower sold for AED 1,000,000 to 1,160,000 in the last 12 months, around AED 2,475 per sqft.
Selling 1106? Put it on the OpenOffers board
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Mortgage on 1106, MAG 318 Tower
Starts from the last sale price (AED 900K, 12 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus AED 42,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →