1-bed · 819 sqftMAG 318 Tower, Business Bay · 19th floor · completed 2020

1901, MAG 318 Tower

Sold prices and rental history: sold once, by the developer in September 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1901 · DLD and Ejari recordsUpdated 20 January 2026
Last soldAED 1.35M29 September 2021
Current rentAED 80K /yr20 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1901, MAG 318 Tower

What is 1901 worth today?

Last sold for AED 1,350,000 in 2021

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20 Jan 2026RentedRenewal
AED 79,500/yr12 months · AED 97 per sqft
20 Jan 2026RentedRenewal
AED 120,000/yr12 months · AED 147 per sqft
20 Jan 2025RentedNew contract
AED 120,000/yr12 months · AED 147 per sqft
13 Mar 2024RentedRenewal
AED 130,000/yr12 months · AED 159 per sqft
13 Mar 2023RentedNew contract
AED 126,000/yr12 months · AED 154 per sqft
1 Sep 2022RentedRenewal
AED 93,251/yr12 months · AED 114 per sqft
29 Sep 2021Sold by developerReady
AED 1,350,000AED 1,648 per sqft
1 Sep 2021RentedNew contract
AED 93,000/yr12 months · AED 114 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 January 2026.

Key facts

Type
1-bed apartment
Size
819 sqft
Floor
19th of 22
Parking
B2-34
Developer
MAG
Completed
2020
Service charge
AED 18,900 /yr
Last sold
AED 1.35M · September 2021

About 1901, MAG 318 Tower

1901 is a one-bedroom apartment of 819 sqft on the 19th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. The developer sold it on 29 September 2021 for AED 1,350,000, or AED 1,648 per sqft, 21% below the AED 2,086 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 8 Ejari contracts. The current contract, renewed on 20 January 2026, is AED 79,500 a year: a gross yield of 5.9% on the 2021 price, before the service charge of about AED 18,900 a year.

Sales and rents for 1901 over time

Sales
Unit 1901, each saleTypical one-bed in MAG 318 Tower
1.5M2M201820202022Typical sale price by year: 2018 AED 1,486,232; 2019 AED 1,456,817; 2020 AED 2,050,000; 2021 AED 1,594,787Sold by developer, September 2021: AED 1,350,000 (AED 1,648 per sqft)

1901 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1901, each contractTypical one-bed in MAG 318 Tower
100K2021202320252027Typical rent by year: 2021 AED 82,221; 2022 AED 95,000; 2023 AED 100,600; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 135,000New contract, September 2021: AED 93,000 a yearNew contract, September 2021: AED 93,000 a yearRenewal, September 2022: AED 93,251 a yearNew contract, March 2023: AED 126,000 a yearRenewal, March 2024: AED 130,000 a yearNew contract, January 2025: AED 120,000 a yearRenewal, January 2026: AED 79,500 a yearRenewal, January 2026: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in MAG 318 Tower, and where 1901 sits

All 47 1-beds →

1901 last sold in September 2021 at AED 1,648 per sqft, 21% below what one-beds in MAG 318 Tower were fetching at the time (AED 2,086). Over the last 12 months one-beds sold for AED 1,710,000, around AED 1,740 per sqft, and rent for AED 79,500 to 135,000 a year. 1901's AED 79,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Jan 20261,710,000
14 Apr 20251,800,000
2 Aug 20241,580,000
11 Jul 20231,460,000
1 1-bed sale in the last 12 months

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 19th floor

All 439 units in MAG 318 Tower
Value
19022-bedAED 1.88M · Jan 2021
1903StudioAED 774K · Jun 2018
1904StudioAED 809K · Jan 2018
1905StudioAED 760K · Sep 2018
1906StudioAED 1.08M · Dec 2020
1907StudioAED 890K · Jan 2023
1908StudioAED 990K · Jul 2023
1–7 of 23

1901, MAG 318 Tower in numbers

  • Sold once: by MAG on 29 September 2021 for AED 1,350,000, or AED 1,648 per sqft.
  • Rented since September 2021 on 8 Ejari contracts, from AED 93,000 to AED 79,500 a year.
  • At AED 79,500 a year the gross yield on the 2021 price is 5.9%, before a service charge of about AED 18,900 a year (AED 23.06 per sqft).
  • One-beds in MAG 318 Tower sold for AED 1,710,000–1,710,000 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 20 January 2026.

Questions about 1901, MAG 318 Tower

What did unit 1901 last sell for?

AED 1,350,000 on 29 September 2021, sold by the developer: AED 1,648 per sqft for 819 sqft. It is the only registered sale of the unit.

What is the rent for unit 1901?

AED 79,500 a year on the contract renewed on 20 January 2026. The previous contract, from January 2026, was AED 120,000; the unit has been rented since September 2021.

How big is unit 1901?

819 sqft (76.1 sqm): a one-bedroom apartment on the 19th floor of a 22-storey tower completed in 2020.

What is unit 1901 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 318 Tower sold for AED 1,710,000 to 1,710,000 in the last 12 months, around AED 1,740 per sqft.

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Mortgage on 1901, MAG 318 Tower

Starts from the last sale price (AED 1.35M, 29 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

Plus AED 61,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →