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Studio · 440 sqftMAG 318 Tower, Business Bay · 13th floor · completed 2020

1319, MAG 318 Tower

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

Unit 1319 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 808K31 October 2018
Current rentAED 80K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1319, MAG 318 Tower

What is 1319 worth today?

Last sold for AED 807,589 in 2018

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1 Mar 2025RentedNew contract
AED 80,000/yr12 months · AED 181 per sqft
26 Nov 2023RentedNew contract
AED 85,000/yr12 months · AED 193 per sqft
1 Nov 2022RentedNew contract
AED 69,806/yr12 months · AED 159 per sqft
31 Oct 2018Sold by developerOff-plan
AED 807,589AED 1,836 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2025.

Key facts

Type
Studio apartment
Size
440 sqft
Floor
13th of 22
Parking
P1-10
Developer
MAG
Completed
2020
Service charge
AED 10,100 /yr
Last sold
AED 808K · October 2018
Building
MAG 318 Tower

About 1319, MAG 318 Tower

1319 is a studio of 440 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 31 October 2018 for AED 807,589, or AED 1,836 per sqft, in line with the AED 1,795 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 March 2025, is AED 80,000 a year: a gross yield of 9.9% on the 2018 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1319 over time

Sales
Unit 1319, 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, October 2018: AED 807,589 (AED 1,836 per sqft)

1319 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1319, 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 80,000New contract, November 2022: AED 69,806 a yearNew contract, November 2023: AED 85,000 a yearNew contract, March 2025: AED 80,000 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 1319 sits

All 299 studios →

1319 last sold in October 2018 at AED 1,836 per sqft, in line with what studios in MAG 318 Tower were fetching at the time (AED 1,795). 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. 1319's AED 80,000 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 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

1319, MAG 318 Tower in numbers

  • Sold once: by MAG on 31 October 2018 for AED 807,589, or AED 1,836 per sqft.
  • Rented since November 2022 on 3 Ejari contracts, from AED 69,806 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2018 price is 9.9%, before a service charge of about AED 10,100 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 1 March 2025.

Questions about 1319, MAG 318 Tower

What did unit 1319 last sell for?

AED 807,589 on 31 October 2018, sold by the developer: AED 1,836 per sqft for 440 sqft. It is the only registered sale of the unit.

What is the rent for unit 1319?

AED 80,000 a year on the contract signed on 1 March 2025. The previous contract, from November 2023, was AED 85,000; the unit has been rented since November 2022.

How big is unit 1319?

440 sqft (40.9 sqm): a studio on the 13th floor of a 22-storey tower completed in 2020.

What is unit 1319 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 1319, MAG 318 Tower

Starts from the last sale price (AED 808K, 31 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 807,589
Deposit, UAE resident (20%)
AED 161,518
Deposit, non-resident (40%)
AED 323,036
Monthly over 25 years at 3.7%
AED 3,304

Plus AED 38,929 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →