1109, MAG 318 Tower
Sold prices and rental history: sold 3 times, last in August 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1109, MAG 318 Tower
What is 1109 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 September 2025.
Key facts
- Type
- Apartment
- Size
- 433 sqft
- Floor
- 11th of 22
- Parking
- P2-47
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,000 /yr
- Last sold
- AED 1.1M · August 2025
- Building
- MAG 318 Tower
About 1109, MAG 318 Tower
1109 is an apartment 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 1 August 2025 for AED 1,100,000, or AED 2,542 per sqft.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 20 September 2025, is AED 80,000 a year: a gross yield of 7.3% on the 2025 price, before the service charge of about AED 10,000 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 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 | ||
| 1106 | Studio | 433 sqft | AED 900KAED 900,000 · Dec 2022December 2022 | ||
| 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 | |
| 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 |
1109, MAG 318 Tower in numbers
- Sold 3 times: first on 25 March 2018 for AED 808,168, last on 1 August 2025 for AED 1,100,000 (AED 2,542 per sqft).
- Rented since August 2021 on 5 Ejari contracts, from AED 48,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2025 price is 7.3%, before a service charge of about AED 10,000 a year (AED 23.06 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 20 September 2025.
Questions about 1109, MAG 318 Tower
What did unit 1109 last sell for?
AED 1,100,000 on 1 August 2025: AED 2,542 per sqft for 433 sqft. The unit has 3 registered sales; the first was AED 808,168 in March 2018.
What is the rent for unit 1109?
AED 80,000 a year on the contract signed on 20 September 2025. The previous contract, from April 2024, was AED 70,000; the unit has been rented since August 2021.
How big is unit 1109?
433 sqft (40.2 sqm): an apartment on the 11th floor of a 22-storey tower completed in 2020.
What is unit 1109 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 1109, MAG 318 Tower
Starts from the last sale price (AED 1.1M, 1 August 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 →