1709, MAG 318 Tower
Sold prices and rental history: sold 3 times, last in April 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 1709, MAG 318 Tower
What is 1709 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 9 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 433 sqft
- Floor
- 17th of 22
- Parking
- B2-01
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,000 /yr
- Last sold
- AED 1.1M · April 2025
- Building
- MAG 318 Tower
About 1709, MAG 318 Tower
1709 is a studio of 433 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 28 April 2025 for AED 1,100,000, or AED 2,542 per sqft, 5% above the AED 2,429 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 9 November 2025, is AED 76,000 a year: a gross yield of 6.9% on the 2025 price, before the service charge of about AED 10,000 a year.
Sales and rents for 1709 over time
1709 has sold 3 times; the dashed line is the studio median of each year in the building.
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 1709 sits
All 299 studios →1709 last sold in April 2025 at AED 2,542 per sqft, 5% above what studios in MAG 318 Tower were fetching at the time (AED 2,429). 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. 1709's AED 76,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Feb 20263 February 2026 | 433 sqft | 1,050,000 | 2,425 | ||
| 29 Jan 202629 January 2026 | 432 sqft | 1,000,000 | 2,316 | ||
| 27 Jan 202627 January 2026 | 432 sqft | 1,160,000 | 2,686 | ||
| 23 Dec 202523 December 2025 | 441 sqft | 1,100,000 | 2,495 |
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 | |||||
|---|---|---|---|---|---|
| 1701 | 819 sqft | AED 1.57MAED 1,570,000 · Sep 2025September 2025 | 118,000 /yr | ||
| 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 | |
| 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 |
1709, MAG 318 Tower in numbers
- Sold 3 times: first on 10 December 2017 for AED 781,769, last on 28 April 2025 for AED 1,100,000 (AED 2,542 per sqft).
- Rented since September 2021 on 5 Ejari contracts, from AED 47,000 to AED 76,000 a year.
- At AED 76,000 a year the gross yield on the 2025 price is 6.9%, 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 9 November 2025.
Questions about 1709, MAG 318 Tower
What did unit 1709 last sell for?
AED 1,100,000 on 28 April 2025: AED 2,542 per sqft for 433 sqft. The unit has 3 registered sales; the first was AED 781,769 in December 2017.
What is the rent for unit 1709?
AED 76,000 a year on the contract signed on 9 November 2025. The previous contract, from October 2024, was AED 73,000; the unit has been rented since September 2021.
How big is unit 1709?
433 sqft (40.2 sqm): a studio on the 17th floor of a 22-storey tower completed in 2020.
What is unit 1709 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 1709, MAG 318 Tower
Starts from the last sale price (AED 1.1M, 28 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →