1902, MAG 318 Tower
Sold prices and rental history: sold once, by the developer in January 2021, 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 1902, MAG 318 Tower
What is 1902 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 19 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 967 sqft
- Floor
- 19th of 22
- Parking
- B2-35
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 22,300 /yr
- Last sold
- AED 1.88M · January 2021
- Building
- MAG 318 Tower
About 1902, MAG 318 Tower
1902 is a two-bedroom apartment of 967 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 4 January 2021 for AED 1,883,458, or AED 1,948 per sqft, 11% below the AED 2,200 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 19 September 2025, is AED 140,000 a year: a gross yield of 7.4% on the 2021 price, before the service charge of about AED 22,300 a year.
Sales and rents for 1902 over time
1902 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in MAG 318 Tower, and where 1902 sits
All 73 2-beds →1902 last sold in January 2021 at AED 1,948 per sqft, 11% below what two-beds in MAG 318 Tower were fetching at the time (AED 2,200). Over the last 12 months two-beds sold for AED 2,000,000, around AED 2,068 per sqft, and rent for AED 85,000 to 160,000 a year. 1902's AED 140,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Feb 202612 February 2026 | 967 sqft | 2,000,000 | 2,068 | ||
| 21 Jul 202521 July 2025 | 966 sqft | 2,255,000 | 2,334 | ||
| 11 Apr 202511 April 2025 | 966 sqft | 2,050,000 | 2,122 | ||
| 18 Mar 202518 March 2025 | 1,043 sqft | 2,000,000 | 1,917 |
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 19th floor
All 439 units in MAG 318 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1901 | 1-bed | 819 sqft | AED 1.35MAED 1,350,000 · Sep 2021September 2021 | 120,000 /yr | |
| 1903 | Studio | 438 sqft | AED 774KAED 773,517 · Jun 2018June 2018 | 80,000 /yr | |
| 1904 | Studio | 433 sqft | AED 809KAED 808,527 · Jan 2018January 2018 | 69,000 /yr | |
| 1905 | Studio | 432 sqft | AED 760KAED 760,000 · Sep 2018September 2018 | 75,000 /yr | |
| 1906 | Studio | 433 sqft | AED 1.08MAED 1,075,000 · Dec 2020December 2020 | 80,000 /yr | |
| 1907 | Studio | 432 sqft | AED 890KAED 890,000 · Jan 2023January 2023 | ||
| 1908 | Studio | 433 sqft | AED 990KAED 990,000 · Jul 2023July 2023 | 65,000 /yr | |
| 1909 | Studio | 433 sqft | AED 760KAED 760,000 · Sep 2018September 2018 | 110,000 /yr | |
| 1910 | Studio | 432 sqft | AED 875KAED 875,000 · Nov 2022November 2022 | 60,000 /yr | |
| 1911 | Studio | 436 sqft | AED 1.01MAED 1,010,000 · May 2021May 2021 | 80,000 /yr | |
| 1912 | 2-bed | 966 sqft | AED 2.25MAED 2,250,000 · Dec 2020December 2020 | 155,000 /yr | |
| 1913 | 1-bed | 982 sqft | AED 2.05MAED 2,050,000 · Dec 2020December 2020 | ||
| 1914 | 2-bed | 1,045 sqft | AED 2.58MAED 2,576,000 · Jan 2021January 2021 | ||
| 1915 | 444 sqft | AED 1.08MAED 1,075,000 · Aug 2025August 2025 | 75,000 /yr | ||
| 1916 | 440 sqft | AED 1.08MAED 1,075,000 · Aug 2025August 2025 | 79,562 /yr | ||
| 1917 | Studio | 441 sqft | AED 1.1MAED 1,100,000 · Dec 2025December 2025 | 63,000 /yr | |
| 1918 | 441 sqft | AED 1.08MAED 1,080,000 · Nov 2025November 2025 | 70,000 /yr | ||
| 1919 | Studio | 440 sqft | AED 925KAED 925,000 · Jul 2023July 2023 | 75,000 /yr | |
| 1920 | Studio | 441 sqft | AED 1.08MAED 1,075,000 · Jul 2025July 2025 | 80,000 /yr | |
| 1921 | 440 sqft | AED 1.09MAED 1,085,000 · Dec 2025December 2025 | 70,000 /yr | ||
| 1922 | 441 sqft | AED 1.08MAED 1,075,000 · Aug 2025August 2025 | 75,000 /yr | ||
| 1923 | Studio | 446 sqft | AED 1.1MAED 1,100,000 · Jun 2025June 2025 | 76,000 /yr | |
| 1924 | 2-bed | 1,043 sqft | AED 2MAED 2,000,000 · Mar 2025March 2025 | 100,000 /yr |
1902, MAG 318 Tower in numbers
- Sold once: by MAG on 4 January 2021 for AED 1,883,458, or AED 1,948 per sqft.
- Rented since July 2021 on 5 Ejari contracts, from AED 110,000 to AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2021 price is 7.4%, before a service charge of about AED 22,300 a year (AED 23.06 per sqft).
- Two-beds in MAG 318 Tower sold for AED 2,000,000–2,000,000 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 19 September 2025.
Questions about 1902, MAG 318 Tower
What did unit 1902 last sell for?
AED 1,883,458 on 4 January 2021, sold by the developer: AED 1,948 per sqft for 967 sqft. It is the only registered sale of the unit.
What is the rent for unit 1902?
AED 140,000 a year on the contract signed on 19 September 2025. The previous contract, from August 2024, was AED 120,000; the unit has been rented since July 2021.
How big is unit 1902?
967 sqft (89.8 sqm): a two-bedroom apartment on the 19th floor of a 22-storey tower completed in 2020.
What is unit 1902 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 318 Tower sold for AED 2,000,000 to 2,000,000 in the last 12 months, around AED 2,068 per sqft.
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Mortgage on 1902, MAG 318 Tower
Starts from the last sale price (AED 1.88M, 4 January 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,883,458
- Deposit, UAE resident (20%)
- AED 376,692
- Deposit, non-resident (40%)
- AED 753,383
- Monthly over 25 years at 3.7%
- AED 7,706
Plus AED 84,115 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →