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967 sqftMAG 318 Tower, Business Bay · 18th floor · completed 2020

1802, 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.

Unit 1802 · DLD and Ejari recordsUpdated 28 August 2025
Last soldAED 2.15M28 August 2025
Current rentAED 130K /yr22 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1802, MAG 318 Tower

What is 1802 worth today?

Last sold for AED 2,150,000 in 2025

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28 Aug 2025SoldReady
AED 2,150,000AED 2,223 per sqft
22 Jun 2023RentedRenewal
AED 130,000/yr12 months · AED 134 per sqft
22 Jun 2022RentedNew contract
AED 125,000/yr12 months · AED 129 per sqft
25 Feb 2019Sold by developerOff-plan
AED 1,852,677AED 1,916 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 August 2025.

Key facts

Type
Apartment
Size
967 sqft
Floor
18th of 22
Parking
B2-109 , B2-124
Developer
MAG
Completed
2020
Service charge
AED 22,300 /yr
Last sold
AED 2.15M · August 2025
Building
MAG 318 Tower

About 1802, MAG 318 Tower

1802 is an apartment of 967 sqft on the 18th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 28 August 2025 for AED 2,150,000, or AED 2,223 per sqft.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 22 June 2023, is AED 130,000 a year: a gross yield of 6.0% on the 2025 price, before the service charge of about AED 22,300 a year.

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 18th floor

All 439 units in MAG 318 Tower
Value
18011-bedAED 1.45M · Feb 2023
1803StudioAED 824K · Sep 2020
1804StudioAED 760K · Jun 2019
1805StudioAED 861K · Jun 2022
1806StudioAED 1.08M · Dec 2020
1807StudioAED 1.08M · Dec 2020
1808StudioAED 846K · Mar 2021
1–7 of 23

1802, MAG 318 Tower in numbers

  • Sold twice: first on 25 February 2019 for AED 1,852,677, last on 28 August 2025 for AED 2,150,000 (AED 2,223 per sqft).
  • Rented since June 2022 on 2 Ejari contracts, from AED 125,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2025 price is 6.0%, before a service charge of about AED 22,300 a year (AED 23.06 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 28 August 2025.

Questions about 1802, MAG 318 Tower

What did unit 1802 last sell for?

AED 2,150,000 on 28 August 2025: AED 2,223 per sqft for 967 sqft. The unit has 2 registered sales; the first was AED 1,852,677 in February 2019.

What is the rent for unit 1802?

AED 130,000 a year on the contract renewed on 22 June 2023. The previous contract, from June 2022, was AED 125,000.

How big is unit 1802?

967 sqft (89.8 sqm): an apartment on the 18th floor of a 22-storey tower completed in 2020.

What is unit 1802 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 1802, MAG 318 Tower

Starts from the last sale price (AED 2.15M, 28 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

Plus AED 95,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →