1916, MAG 318 Tower
Sold prices and rental history: sold twice, last in August 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1916, MAG 318 Tower
What is 1916 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 29 August 2025.
Key facts
- Type
- Apartment
- Size
- 440 sqft
- Floor
- 19th of 22
- Parking
- B2-49
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,100 /yr
- Last sold
- AED 1.08M · August 2025
- Building
- MAG 318 Tower
About 1916, MAG 318 Tower
1916 is an apartment of 440 sqft on the 19th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 29 August 2025 for AED 1,075,000, or AED 2,443 per sqft.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 22 February 2025, is AED 79,562 a year: a gross yield of 7.4% on the 2025 price, before the service charge of about AED 10,100 a year.
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 | |
| 1902 | 2-bed | 967 sqft | AED 1.88MAED 1,883,458 · Jan 2021January 2021 | 140,000 /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 | ||
| 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 |
1916, MAG 318 Tower in numbers
- Sold twice: first on 7 January 2018 for AED 824,418, last on 29 August 2025 for AED 1,075,000 (AED 2,443 per sqft).
- Rented since November 2021 on 3 Ejari contracts, from AED 62,000 to AED 79,562 a year.
- At AED 79,562 a year the gross yield on the 2025 price is 7.4%, before a service charge of about AED 10,100 a year (AED 23.06 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 29 August 2025.
Questions about 1916, MAG 318 Tower
What did unit 1916 last sell for?
AED 1,075,000 on 29 August 2025: AED 2,443 per sqft for 440 sqft. The unit has 2 registered sales; the first was AED 824,418 in January 2018.
What is the rent for unit 1916?
AED 79,562 a year on the contract renewed on 22 February 2025. The previous contract, from November 2024, was AED 75,000; the unit has been rented since November 2021.
How big is unit 1916?
440 sqft (40.9 sqm): an apartment on the 19th floor of a 22-storey tower completed in 2020.
What is unit 1916 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 1916, MAG 318 Tower
Starts from the last sale price (AED 1.08M, 29 August 2025). 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 →