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Studio · 432 sqftMAG 318 Tower, Business Bay · 12th floor · completed 2020

1210, MAG 318 Tower

Sold prices and rental history: sold once, by the developer in August 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1210 · DLD and Ejari recordsUpdated 10 February 2025
Last soldAED 749K16 August 2018
Current rentAED 85K /yr10 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1210, MAG 318 Tower

What is 1210 worth today?

Last sold for AED 749,000 in 2018

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10 Feb 2025RentedNew contract
AED 85,000/yr12 months · AED 197 per sqft
25 Nov 2023RentedRenewal
AED 66,000/yr12 months · AED 153 per sqft
25 Nov 2022RentedRenewal
AED 60,000/yr12 months · AED 139 per sqft
16 Aug 2018Sold by developerOff-plan
AED 749,000AED 1,734 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 February 2025.

Key facts

Type
Studio apartment
Size
432 sqft
Floor
12th of 22
Parking
P2-89
Developer
MAG
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 749K · August 2018
Building
MAG 318 Tower

About 1210, MAG 318 Tower

1210 is a studio of 432 sqft on the 12th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. The developer sold it on 16 August 2018 for AED 749,000, or AED 1,734 per sqft, 3% below the AED 1,790 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 10 February 2025, is AED 85,000 a year: a gross yield of 11.3% on the 2018 price, before the service charge of about AED 10,000 a year.

Sales and rents for 1210 over time

Sales
Unit 1210, each saleTypical studio in MAG 318 Tower
800K1M2017202020232026Typical sale price by year: 2017 AED 776,165; 2018 AED 786,952; 2019 AED 791,701; 2020 AED 877,070; 2021 AED 745,000; 2022 AED 850,000; 2023 AED 947,500; 2024 AED 1,025,000; 2025 AED 1,100,000; 2026 AED 1,050,000Sold by developer, August 2018: AED 749,000 (AED 1,734 per sqft)

1210 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1210, each contractTypical studio in MAG 318 Tower
60K80K2021202320252027Typical rent by year: 2021 AED 52,000; 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,908; 2026 AED 80,000Renewal, November 2022: AED 60,000 a yearRenewal, November 2023: AED 66,000 a yearNew contract, February 2025: AED 85,000 a year

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 1210 sits

All 299 studios →

1210 last sold in August 2018 at AED 1,734 per sqft, 3% below what studios in MAG 318 Tower were fetching at the time (AED 1,790). 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. 1210's AED 85,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Feb 20261,050,000
29 Jan 20261,000,000
27 Jan 20261,160,000
23 Dec 20251,100,000
8 studio sales in the last 12 months

MAG 318 Tower

Building

439 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%
MAG 318 Tower, Business Bay: prices, sales and rents →

Other units on the 12th floor

All 439 units in MAG 318 Tower
Value
12011-bedAED 1.55M · Nov 2021
12022-bedAED 2M · Feb 2026
1203StudioAED 840K · Mar 2023
1204StudioAED 454K · Feb 2021
1205AED 515K · Sep 2025
1206StudioAED 765K · Oct 2020
1207StudioAED 792K · Mar 2018
1–7 of 23

1210, MAG 318 Tower in numbers

  • Sold once: by MAG on 16 August 2018 for AED 749,000, or AED 1,734 per sqft.
  • Rented since November 2022 on 3 Ejari contracts, from AED 60,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2018 price is 11.3%, before a service charge of about AED 10,000 a year (AED 23.06 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 10 February 2025.

Questions about 1210, MAG 318 Tower

What did unit 1210 last sell for?

AED 749,000 on 16 August 2018, sold by the developer: AED 1,734 per sqft for 432 sqft. It is the only registered sale of the unit.

What is the rent for unit 1210?

AED 85,000 a year on the contract signed on 10 February 2025. The previous contract, from November 2023, was AED 66,000; the unit has been rented since November 2022.

How big is unit 1210?

432 sqft (40.1 sqm): a studio on the 12th floor of a 22-storey tower completed in 2020.

What is unit 1210 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.

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Mortgage on 1210, MAG 318 Tower

Starts from the last sale price (AED 749K, 16 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 749,000
Deposit, UAE resident (20%)
AED 149,800
Deposit, non-resident (40%)
AED 299,600
Monthly over 25 years at 3.7%
AED 3,064

Plus AED 36,468 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →