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Studio · 432 sqftMAG 318 Tower, Business Bay · 14th floor · completed 2020

1410, MAG 318 Tower

Sold prices and rental history: sold once, by the developer in July 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1410 · DLD and Ejari recordsUpdated 7 July 2025
Last soldAED 783K24 July 2019
Current rentAED 73K /yr7 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1410, MAG 318 Tower

What is 1410 worth today?

Last sold for AED 783,000 in 2019

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7 Jul 2025RentedNew contract
AED 73,000/yr12 months · AED 170 per sqft
12 May 2024RentedNew contract
AED 78,000/yr12 months · AED 181 per sqft
7 Apr 2023RentedNew contract
AED 68,000/yr12 months · AED 158 per sqft
20 Mar 2022RentedNew contract
AED 60,000/yr12 months · AED 139 per sqft
24 Jul 2019Sold by developerOff-plan
AED 783,000AED 1,813 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 July 2025.

Key facts

Type
Studio apartment
Size
432 sqft
Floor
14th of 22
Parking
P1-23
Developer
MAG
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 783K · July 2019
Building
MAG 318 Tower

About 1410, MAG 318 Tower

1410 is a studio of 432 sqft on the 14th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. The developer sold it on 24 July 2019 for AED 783,000, or AED 1,813 per sqft, in line with the AED 1,796 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 7 July 2025, is AED 73,000 a year: a gross yield of 9.3% on the 2019 price, before the service charge of about AED 10,000 a year.

Sales and rents for 1410 over time

Sales
Unit 1410, 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, July 2019: AED 783,000 (AED 1,813 per sqft)

1410 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1410, 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, March 2022: AED 60,000 a yearNew contract, April 2023: AED 68,000 a yearNew contract, May 2024: AED 78,000 a yearNew contract, July 2025: AED 73,000 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 1410 sits

All 299 studios →

1410 last sold in July 2019 at AED 1,813 per sqft, in line with what studios in MAG 318 Tower were fetching at the time (AED 1,796). 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. 1410's AED 73,000 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 14th floor

All 439 units in MAG 318 Tower
Value
14011-bedAED 1.37M · Aug 2018
14022-bedAED 1.66M · May 2018
1403StudioAED 950K · Oct 2023
1404StudioAED 793K · May 2019
1405StudioAED 835K · Aug 2022
1406StudioAED 779K · Feb 2020
1407StudioAED 740K · Nov 2021
1–7 of 23

1410, MAG 318 Tower in numbers

  • Sold once: by MAG on 24 July 2019 for AED 783,000, or AED 1,813 per sqft.
  • Rented since March 2022 on 4 Ejari contracts, from AED 60,000 to AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2019 price is 9.3%, 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 7 July 2025.

Questions about 1410, MAG 318 Tower

What did unit 1410 last sell for?

AED 783,000 on 24 July 2019, sold by the developer: AED 1,813 per sqft for 432 sqft. It is the only registered sale of the unit.

What is the rent for unit 1410?

AED 73,000 a year on the contract signed on 7 July 2025. The previous contract, from May 2024, was AED 78,000; the unit has been rented since March 2022.

How big is unit 1410?

432 sqft (40.1 sqm): a studio on the 14th floor of a 22-storey tower completed in 2020.

What is unit 1410 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 1410, MAG 318 Tower

Starts from the last sale price (AED 783K, 24 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 783,000
Deposit, UAE resident (20%)
AED 156,600
Deposit, non-resident (40%)
AED 313,200
Monthly over 25 years at 3.7%
AED 3,203

Plus AED 37,896 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →