Studio · 432 sqftMAG 318 Tower, Business Bay · 13th floor · completed 2020

1310, MAG 318 Tower

Sold prices and rental history: sold once, by the developer in November 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1310 · DLD and Ejari recordsUpdated 19 November 2017
Last soldAED 797K19 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1310, MAG 318 Tower

What is 1310 worth today?

Last sold for AED 796,950 in 2017

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19 Nov 2017Sold by developerOff-plan
AED 796,950AED 1,845 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 November 2017.

Key facts

Type
Studio apartment
Size
432 sqft
Floor
13th of 22
Parking
P1-03
Developer
MAG
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 797K · November 2017

About 1310, MAG 318 Tower

1310 is a studio of 432 sqft on the 13th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. The developer sold it on 19 November 2017 for AED 796,950, or AED 1,845 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1310 over time

Sales
Unit 1310, 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, November 2017: AED 796,950 (AED 1,845 per sqft)

1310 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1310, 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 80,000

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 1310 sits

All 299 studios →

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 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 13th floor

All 439 units in MAG 318 Tower
Value
13011-bedAED 1.54M · Mar 2020
13022-bedAED 2.25M · Dec 2020
1303StudioAED 970K · Feb 2024
1304StudioAED 810K · Sep 2018
1305StudioAED 1.01M · Aug 2021
1306StudioAED 650K · Aug 2021
1307StudioAED 1.07M · Feb 2025
1–7 of 23

1310, MAG 318 Tower in numbers

  • Sold once: by MAG on 19 November 2017 for AED 796,950, or AED 1,845 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 19 November 2017.

Questions about 1310, MAG 318 Tower

What did unit 1310 last sell for?

AED 796,950 on 19 November 2017, sold by the developer: AED 1,845 per sqft for 432 sqft. It is the only registered sale of the unit.

How big is unit 1310?

432 sqft (40.1 sqm): a studio on the 13th floor of a 22-storey tower completed in 2020.

What is unit 1310 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 1310, MAG 318 Tower

Starts from the last sale price (AED 797K, 19 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 796,950
Deposit, UAE resident (20%)
AED 159,390
Deposit, non-resident (40%)
AED 318,780
Monthly over 25 years at 3.7%
AED 3,261

Plus AED 38,482 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →