1806, MAG 318 Tower
Sold prices and rental history: sold once, by the developer in December 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1806, MAG 318 Tower
What is 1806 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 22 December 2020.
Key facts
- Type
- Studio apartment
- Size
- 433 sqft
- Floor
- 18th of 22
- Parking
- B2-18
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,000 /yr
- Last sold
- AED 1.08M · December 2020
- Building
- MAG 318 Tower
About 1806, MAG 318 Tower
1806 is a studio of 433 sqft on the 18th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. The developer sold it on 22 December 2020 for AED 1,075,000, or AED 2,483 per sqft, 25% above the AED 1,993 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1806 over time
1806 has sold once; 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 1806 sits
All 299 studios →1806 last sold in December 2020 at AED 2,483 per sqft, 25% above what studios in MAG 318 Tower were fetching at the time (AED 1,993). 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.
| 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 18th floor
All 439 units in MAG 318 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1801 | 1-bed | 819 sqft | AED 1.45MAED 1,450,000 · Feb 2023February 2023 | 122,000 /yr | |
| 1802 | 967 sqft | AED 2.15MAED 2,150,000 · Aug 2025August 2025 | 130,000 /yr | ||
| 1803 | Studio | 438 sqft | AED 824KAED 824,196 · Sep 2020September 2020 | 75,600 /yr | |
| 1804 | Studio | 433 sqft | AED 760KAED 760,000 · Jun 2019June 2019 | 77,000 /yr | |
| 1805 | Studio | 432 sqft | AED 861KAED 861,000 · Jun 2022June 2022 | ||
| 1807 | Studio | 432 sqft | AED 1.08MAED 1,075,000 · Dec 2020December 2020 | ||
| 1808 | Studio | 433 sqft | AED 846KAED 845,620 · Mar 2021March 2021 | ||
| 1809 | Studio | 433 sqft | AED 796KAED 796,000 · Jul 2018July 2018 | 75,000 /yr | |
| 1810 | Studio | 432 sqft | AED 1.01MAED 1,010,000 · Jun 2021June 2021 | 75,000 /yr | |
| 1811 | Studio | 436 sqft | AED 811KAED 810,710 · Jan 2019January 2019 | ||
| 1812 | 2-bed | 966 sqft | AED 2.25MAED 2,250,000 · Dec 2020December 2020 | 121,275 /yr | |
| 1813 | 1-bed | 982 sqft | AED 2.05MAED 2,050,000 · Dec 2020December 2020 | 135,000 /yr | |
| 1814 | 2-bed | 1,045 sqft | AED 2.25MAED 2,250,000 · Dec 2020December 2020 | 170,000 /yr | |
| 1815 | Studio | 444 sqft | AED 760KAED 760,000 · Oct 2021October 2021 | 76,000 /yr | |
| 1816 | Studio | 440 sqft | AED 886KAED 886,438 · Nov 2019November 2019 | 80,000 /yr | |
| 1817 | Studio | 441 sqft | AED 826KAED 826,392 · Jan 2019January 2019 | ||
| 1818 | Studio | 441 sqft | AED 886KAED 886,438 · Jan 2021January 2021 | 44,000 /yr | |
| 1819 | Studio | 440 sqft | AED 1.04MAED 1,040,000 · Jan 2024January 2024 | 85,000 /yr | |
| 1820 | Studio | 441 sqft | AED 1.15MAED 1,150,000 · Dec 2025December 2025 | ||
| 1821 | Studio | 440 sqft | AED 1.06MAED 1,060,000 · May 2025May 2025 | ||
| 1822 | Studio | 441 sqft | AED 1.02MAED 1,020,000 · Feb 2025February 2025 | 52,000 /yr | |
| 1823 | Studio | 446 sqft | AED 1MAED 1,000,000 · Dec 2023December 2023 | 75,000 /yr | |
| 1824 | 2-bed | 1,043 sqft | AED 2.27MAED 2,270,000 · Sep 2024September 2024 | 155,000 /yr |
1806, MAG 318 Tower in numbers
- Sold once: by MAG on 22 December 2020 for AED 1,075,000, or AED 2,483 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 22 December 2020.
Questions about 1806, MAG 318 Tower
What did unit 1806 last sell for?
AED 1,075,000 on 22 December 2020, sold by the developer: AED 2,483 per sqft for 433 sqft. It is the only registered sale of the unit.
How big is unit 1806?
433 sqft (40.2 sqm): a studio on the 18th floor of a 22-storey tower completed in 2020.
What is unit 1806 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 1806, MAG 318 Tower
Starts from the last sale price (AED 1.08M, 22 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,075,000
- Deposit, UAE resident (20%)
- AED 215,000
- Deposit, non-resident (40%)
- AED 430,000
- Monthly over 25 years at 3.7%
- AED 4,398
Plus AED 50,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →