1311, MAG 318 Tower
Sold prices and rental history: sold 3 times, last in August 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1311, MAG 318 Tower
What is 1311 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 22 August 2025.
Key facts
- Type
- Apartment
- Size
- 436 sqft
- Floor
- 13th of 22
- Parking
- P1-04
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,100 /yr
- Last sold
- AED 1.02M · August 2025
- Building
- MAG 318 Tower
About 1311, MAG 318 Tower
1311 is an apartment of 436 sqft on the 13th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 22 August 2025 for AED 1,020,000, or AED 2,339 per sqft.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 17 May 2024, is AED 96,000 a year: a gross yield of 9.4% 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 13th floor
All 439 units in MAG 318 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 819 sqft | AED 1.54MAED 1,535,640 · Mar 2020March 2020 | 120,000 /yr | |
| 1302 | 2-bed | 967 sqft | AED 2.25MAED 2,250,000 · Dec 2020December 2020 | 110,000 /yr | |
| 1303 | Studio | 438 sqft | AED 970KAED 970,000 · Feb 2024February 2024 | 75,000 /yr | |
| 1304 | Studio | 433 sqft | AED 810KAED 810,000 · Sep 2018September 2018 | 82,000 /yr | |
| 1305 | Studio | 432 sqft | AED 1.01MAED 1,010,000 · Aug 2021August 2021 | 75,000 /yr | |
| 1306 | Studio | 433 sqft | AED 650KAED 650,000 · Aug 2021August 2021 | ||
| 1307 | Studio | 432 sqft | AED 1.07MAED 1,070,000 · Feb 2025February 2025 | 48,000 /yr | |
| 1308 | Studio | 433 sqft | AED 1.09MAED 1,090,000 · Jul 2025July 2025 | 85,000 /yr | |
| 1309 | Studio | 433 sqft | AED 827KAED 827,000 · Feb 2021February 2021 | ||
| 1310 | Studio | 432 sqft | AED 797KAED 796,950 · Nov 2017November 2017 | ||
| 1312 | 2-bed | 966 sqft | AED 1.34MAED 1,337,000 · Nov 2022November 2022 | 155,000 /yr | |
| 1313 | 1-bed | 982 sqft | AED 1.72MAED 1,719,755 · Jan 2021January 2021 | 100,000 /yr | |
| 1314 | 2-bed | 1,045 sqft | AED 2.3MAED 2,300,000 · Dec 2020December 2020 | 115,500 /yr | |
| 1315 | Studio | 444 sqft | AED 1.01MAED 1,010,000 · Aug 2021August 2021 | 83,000 /yr | |
| 1316 | Studio | 440 sqft | AED 809KAED 808,500 · Feb 2020February 2020 | ||
| 1317 | Studio | 441 sqft | AED 808KAED 807,572 · Mar 2018March 2018 | ||
| 1318 | Studio | 441 sqft | AED 779KAED 778,800 · Jul 2021July 2021 | 73,500 /yr | |
| 1319 | Studio | 440 sqft | AED 808KAED 807,589 · Oct 2018October 2018 | 80,000 /yr | |
| 1320 | 441 sqft | AED 808KAED 808,477 · May 2018May 2018 | 56,000 /yr | ||
| 1321 | Studio | 440 sqft | AED 800KAED 800,000 · Jul 2018July 2018 | ||
| 1322 | Studio | 441 sqft | AED 1.03MAED 1,030,000 · Aug 2024August 2024 | 75,000 /yr | |
| 1323 | Studio | 446 sqft | AED 800KAED 800,000 · May 2018May 2018 | ||
| 1324 | 2-bed | 1,043 sqft | AED 2.3MAED 2,300,000 · Dec 2020December 2020 | 165,000 /yr |
1311, MAG 318 Tower in numbers
- Sold 3 times: first on 16 November 2021 for AED 791,900, last on 22 August 2025 for AED 1,020,000 (AED 2,339 per sqft).
- Rented since August 2022 on 2 Ejari contracts, from AED 64,000 to AED 96,000 a year.
- At AED 96,000 a year the gross yield on the 2025 price is 9.4%, 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 22 August 2025.
Questions about 1311, MAG 318 Tower
What did unit 1311 last sell for?
AED 1,020,000 on 22 August 2025: AED 2,339 per sqft for 436 sqft. The unit has 3 registered sales; the first was AED 791,900 in November 2021.
What is the rent for unit 1311?
AED 96,000 a year on the contract signed on 17 May 2024. The previous contract, from August 2022, was AED 64,000.
How big is unit 1311?
436 sqft (40.5 sqm): an apartment on the 13th floor of a 22-storey tower completed in 2020.
What is unit 1311 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 1311, MAG 318 Tower
Starts from the last sale price (AED 1.02M, 22 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,020,000
- Deposit, UAE resident (20%)
- AED 204,000
- Deposit, non-resident (40%)
- AED 408,000
- Monthly over 25 years at 3.7%
- AED 4,173
Plus AED 47,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →