1524, MAG 318 Tower
Sold prices and rental history: sold twice, 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 1524, MAG 318 Tower
What is 1524 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2025.
Key facts
- Type
- Apartment
- Size
- 1,043 sqft
- Floor
- 15th of 22
- Parking
- P1-56
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 24,100 /yr
- Last sold
- AED 2.25M · August 2025
- Building
- MAG 318 Tower
About 1524, MAG 318 Tower
1524 is an apartment of 1,043 sqft on the 15th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 29 August 2025 for AED 2,250,000, or AED 2,156 per sqft.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 September 2025, is AED 150,000 a year: a gross yield of 6.7% on the 2025 price, before the service charge of about AED 24,100 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 15th floor
All 439 units in MAG 318 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 819 sqft | AED 1.5MAED 1,495,134 · Nov 2019November 2019 | 105,000 /yr | |
| 1502 | 2-bed | 967 sqft | AED 1.88MAED 1,880,000 · Aug 2024August 2024 | 120,000 /yr | |
| 1503 | Studio | 438 sqft | AED 760KAED 760,000 · May 2019May 2019 | ||
| 1504 | 433 sqft | AED 1.08MAED 1,075,000 · Nov 2025November 2025 | 70,803 /yr | ||
| 1505 | Studio | 432 sqft | AED 1MAED 1,000,000 · Apr 2024April 2024 | 93,000 /yr | |
| 1506 | Studio | 433 sqft | AED 890KAED 890,000 · Mar 2023March 2023 | 78,750 /yr | |
| 1507 | Studio | 432 sqft | AED 823KAED 823,239 · Feb 2019February 2019 | 78,000 /yr | |
| 1508 | Studio | 433 sqft | AED 750KAED 750,000 · Oct 2021October 2021 | 78,000 /yr | |
| 1509 | Studio | 433 sqft | AED 970KAED 970,000 · Mar 2024March 2024 | 60,000 /yr | |
| 1510 | Studio | 432 sqft | AED 1.05MAED 1,050,000 · Apr 2024April 2024 | 78,000 /yr | |
| 1511 | Studio | 436 sqft | AED 920KAED 920,000 · Aug 2023August 2023 | 65,000 /yr | |
| 1512 | 2-bed | 966 sqft | AED 2.25MAED 2,250,000 · Dec 2020December 2020 | 160,000 /yr | |
| 1513 | 1-bed | 982 sqft | AED 2.05MAED 2,050,000 · Dec 2020December 2020 | 135,000 /yr | |
| 1514 | 2-bed | 1,045 sqft | AED 2.25MAED 2,250,000 · Dec 2020December 2020 | 148,000 /yr | |
| 1515 | Studio | 444 sqft | AED 821KAED 820,710 · Jan 2022January 2022 | 75,000 /yr | |
| 1516 | Studio | 440 sqft | AED 700KAED 700,000 · Apr 2021April 2021 | 80,000 /yr | |
| 1517 | Studio | 441 sqft | AED 889KAED 888,755 · Nov 2020November 2020 | 72,000 /yr | |
| 1518 | Studio | 441 sqft | AED 792KAED 792,308 · Nov 2019November 2019 | ||
| 1519 | Studio | 440 sqft | AED 845KAED 844,779 · Nov 2018November 2018 | 80,000 /yr | |
| 1520 | Studio | 441 sqft | AED 883KAED 882,509 · Nov 2019November 2019 | 76,500 /yr | |
| 1521 | Studio | 440 sqft | AED 1.13MAED 1,125,000 · May 2025May 2025 | ||
| 1522 | Studio | 441 sqft | AED 1.04MAED 1,040,000 · Apr 2025April 2025 | ||
| 1523 | Studio | 446 sqft | AED 1.04MAED 1,040,000 · Feb 2025February 2025 |
1524, MAG 318 Tower in numbers
- Sold twice: first on 22 December 2020 for AED 2,300,000, last on 29 August 2025 for AED 2,250,000 (AED 2,156 per sqft).
- Rented since April 2022 on 3 Ejari contracts, from AED 94,500 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2025 price is 6.7%, before a service charge of about AED 24,100 a year (AED 23.06 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2025.
Questions about 1524, MAG 318 Tower
What did unit 1524 last sell for?
AED 2,250,000 on 29 August 2025: AED 2,156 per sqft for 1,043 sqft. The unit has 2 registered sales; the first was AED 2,300,000 in December 2020.
What is the rent for unit 1524?
AED 150,000 a year on the contract signed on 1 September 2025. The previous contract, from April 2023, was AED 99,225; the unit has been rented since April 2022.
How big is unit 1524?
1,043 sqft (96.9 sqm): an apartment on the 15th floor of a 22-storey tower completed in 2020.
What is unit 1524 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 1524, MAG 318 Tower
Starts from the last sale price (AED 2.25M, 29 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,250,000
- Deposit, UAE resident (20%)
- AED 450,000
- Deposit, non-resident (40%)
- AED 900,000
- Monthly over 25 years at 3.7%
- AED 9,205
Plus AED 99,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →