1701, MAG 318 Tower
Sold prices and rental history: sold 3 times, last in September 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1701, MAG 318 Tower
What is 1701 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 12 October 2025.
Key facts
- Type
- Apartment
- Size
- 819 sqft
- Floor
- 17th of 22
- Parking
- P1-99
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 18,900 /yr
- Last sold
- AED 1.57M · September 2025
- Building
- MAG 318 Tower
About 1701, MAG 318 Tower
1701 is an apartment of 819 sqft on the 17th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 18 September 2025 for AED 1,570,000, or AED 1,916 per sqft.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 12 October 2025, is AED 118,000 a year: a gross yield of 7.5% on the 2025 price, before the service charge of about AED 18,900 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 17th floor
All 439 units in MAG 318 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1702 | 2-bed | 967 sqft | AED 1.77MAED 1,765,450 · Nov 2019November 2019 | 143,528 /yr | |
| 1703 | Studio | 438 sqft | AED 779KAED 779,000 · Jan 2019January 2019 | ||
| 1704 | Studio | 433 sqft | AED 990KAED 990,000 · Nov 2023November 2023 | ||
| 1705 | Studio | 432 sqft | AED 779KAED 779,000 · Sep 2018September 2018 | 68,250 /yr | |
| 1706 | Studio | 433 sqft | AED 779KAED 779,000 · May 2019May 2019 | 75,000 /yr | |
| 1707 | Studio | 432 sqft | AED 945KAED 945,000 · Mar 2023March 2023 | 68,000 /yr | |
| 1708 | Studio | 433 sqft | AED 850KAED 850,000 · Oct 2022October 2022 | 65,000 /yr | |
| 1709 | Studio | 433 sqft | AED 1.1MAED 1,100,000 · Apr 2025April 2025 | 76,000 /yr | |
| 1710 | Studio | 432 sqft | AED 1.08MAED 1,075,000 · Dec 2020December 2020 | 80,000 /yr | |
| 1711 | Studio | 436 sqft | AED 1.08MAED 1,075,000 · Dec 2020December 2020 | 70,000 /yr | |
| 1712 | 2-bed | 966 sqft | AED 2.25MAED 2,250,000 · Dec 2020December 2020 | 155,000 /yr | |
| 1713 | 1-bed | 982 sqft | AED 2.05MAED 2,050,000 · Dec 2020December 2020 | 135,000 /yr | |
| 1714 | 2-bed | 1,045 sqft | AED 2.25MAED 2,250,000 · Dec 2020December 2020 | 140,000 /yr | |
| 1715 | Studio | 444 sqft | AED 786KAED 785,568 · Sep 2018September 2018 | 80,000 /yr | |
| 1716 | Studio | 440 sqft | AED 786KAED 786,431 · May 2018May 2018 | 72,000 /yr | |
| 1717 | Studio | 441 sqft | AED 790KAED 790,000 · Jul 2019July 2019 | 71,000 /yr | |
| 1718 | Studio | 441 sqft | AED 790KAED 790,000 · Jul 2019July 2019 | 78,000 /yr | |
| 1719 | Studio | 440 sqft | AED 800KAED 800,000 · Jul 2019July 2019 | 77,000 /yr | |
| 1720 | Studio | 441 sqft | AED 785KAED 785,000 · Mar 2018March 2018 | 75,000 /yr | |
| 1721 | Studio | 440 sqft | AED 785KAED 785,000 · Jun 2020June 2020 | ||
| 1722 | Studio | 441 sqft | AED 675KAED 675,000 · Jul 2021July 2021 | ||
| 1723 | Studio | 446 sqft | AED 783KAED 783,380 · Nov 2019November 2019 | 70,000 /yr | |
| 1724 | 2-bed | 1,043 sqft | AED 1.78MAED 1,782,000 · Nov 2019November 2019 |
1701, MAG 318 Tower in numbers
- Sold 3 times: first on 24 November 2019 for AED 1,462,000, last on 18 September 2025 for AED 1,570,000 (AED 1,916 per sqft).
- Rented since November 2021 on 5 Ejari contracts, from AED 90,000 to AED 118,000 a year.
- At AED 118,000 a year the gross yield on the 2025 price is 7.5%, before a service charge of about AED 18,900 a year (AED 23.06 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 12 October 2025.
Questions about 1701, MAG 318 Tower
What did unit 1701 last sell for?
AED 1,570,000 on 18 September 2025: AED 1,916 per sqft for 819 sqft. The unit has 3 registered sales; the first was AED 1,462,000 in November 2019.
What is the rent for unit 1701?
AED 118,000 a year on the contract signed on 12 October 2025. The previous contract, from May 2024, was AED 128,000; the unit has been rented since November 2021.
How big is unit 1701?
819 sqft (76.1 sqm): an apartment on the 17th floor of a 22-storey tower completed in 2020.
What is unit 1701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 1701? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1701, MAG 318 Tower
Starts from the last sale price (AED 1.57M, 18 September 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,570,000
- Deposit, UAE resident (20%)
- AED 314,000
- Deposit, non-resident (40%)
- AED 628,000
- Monthly over 25 years at 3.7%
- AED 6,423
Plus AED 70,950 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →