1221, MAG 318 Tower
Sold prices and rental history: sold twice, last in September 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 1221, MAG 318 Tower
What is 1221 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 October 2025.
Key facts
- Type
- Apartment
- Size
- 440 sqft
- Floor
- 12th of 22
- Parking
- P2-100
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,100 /yr
- Last sold
- AED 1.12M · September 2025
- Building
- MAG 318 Tower
About 1221, MAG 318 Tower
1221 is an apartment of 440 sqft on the 12th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 4 September 2025 for AED 1,120,000, or AED 2,546 per sqft.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 25 October 2025, is AED 76,000 a year: a gross yield of 6.8% on the 2025 price, before the service charge of about AED 10,100 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 12th floor
All 439 units in MAG 318 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 819 sqft | AED 1.55MAED 1,550,000 · Nov 2021November 2021 | 115,000 /yr | |
| 1202 | 2-bed | 967 sqft | AED 2MAED 2,000,000 · Feb 2026February 2026 | 145,000 /yr | |
| 1203 | Studio | 438 sqft | AED 840KAED 840,000 · Mar 2023March 2023 | 74,900 /yr | |
| 1204 | Studio | 433 sqft | AED 454KAED 453,500 · Feb 2021February 2021 | 72,500 /yr | |
| 1205 | 216 sqft | AED 515KAED 515,000 · Sep 2025September 2025 | 58,005 /yr | ||
| 1206 | Studio | 433 sqft | AED 765KAED 765,180 · Oct 2020October 2020 | ||
| 1207 | Studio | 432 sqft | AED 792KAED 792,004 · Mar 2018March 2018 | 85,000 /yr | |
| 1208 | Studio | 433 sqft | AED 758KAED 758,000 · Feb 2021February 2021 | 75,000 /yr | |
| 1209 | Studio | 433 sqft | AED 864KAED 863,958 · Sep 2020September 2020 | ||
| 1210 | Studio | 432 sqft | AED 749KAED 749,000 · Aug 2018August 2018 | 85,000 /yr | |
| 1211 | Studio | 436 sqft | AED 770KAED 770,409 · Mar 2018March 2018 | ||
| 1212 | 2-bed | 966 sqft | AED 2MAED 2,002,166 · Jan 2021January 2021 | 85,000 /yr | |
| 1213 | 1-bed | 982 sqft | AED 1.71MAED 1,710,000 · Jan 2026January 2026 | 133,000 /yr | |
| 1214 | 2-bed | 1,045 sqft | AED 1.8MAED 1,800,000 · Aug 2022August 2022 | 148,050 /yr | |
| 1215 | Studio | 444 sqft | AED 1.25MAED 1,245,000 · Jan 2025January 2025 | 83,000 /yr | |
| 1216 | Studio | 440 sqft | AED 788KAED 787,816 · Sep 2018September 2018 | 76,000 /yr | |
| 1217 | Studio | 441 sqft | AED 787KAED 786,952 · Sep 2018September 2018 | 78,000 /yr | |
| 1218 | Studio | 441 sqft | AED 1MAED 1,000,000 · Aug 2023August 2023 | 75,000 /yr | |
| 1219 | Studio | 440 sqft | AED 950KAED 950,000 · Apr 2023April 2023 | 78,000 /yr | |
| 1220 | Studio | 441 sqft | AED 788KAED 787,816 · Sep 2018September 2018 | 73,000 /yr | |
| 1222 | Studio | 397 sqft | AED 792KAED 792,257 · Nov 2019November 2019 | 73,000 /yr | |
| 1223 | Studio | 402 sqft | AED 792KAED 792,257 · Sep 2019September 2019 | 73,000 /yr | |
| 1224 | 2-bed | 1,043 sqft | AED 2.15MAED 2,151,048 · Jan 2021January 2021 | 150,000 /yr |
1221, MAG 318 Tower in numbers
- Sold twice: first on 7 September 2020 for AED 750,500, last on 4 September 2025 for AED 1,120,000 (AED 2,546 per sqft).
- Rented since May 2021 on 4 Ejari contracts, from AED 52,000 to AED 76,000 a year.
- At AED 76,000 a year the gross yield on the 2025 price is 6.8%, before a service charge of about AED 10,100 a year (AED 23.06 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 25 October 2025.
Questions about 1221, MAG 318 Tower
What did unit 1221 last sell for?
AED 1,120,000 on 4 September 2025: AED 2,546 per sqft for 440 sqft. The unit has 2 registered sales; the first was AED 750,500 in September 2020.
What is the rent for unit 1221?
AED 76,000 a year on the contract signed on 25 October 2025. The previous contract, from May 2023, was AED 58,000; the unit has been rented since May 2021.
How big is unit 1221?
440 sqft (40.9 sqm): an apartment on the 12th floor of a 22-storey tower completed in 2020.
What is unit 1221 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 1221, MAG 318 Tower
Starts from the last sale price (AED 1.12M, 4 September 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,120,000
- Deposit, UAE resident (20%)
- AED 224,000
- Deposit, non-resident (40%)
- AED 448,000
- Monthly over 25 years at 3.7%
- AED 4,582
Plus AED 52,050 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →