1919, MAG 318 Tower
Sold prices and rental history: sold twice, last in July 2023, 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 1919, MAG 318 Tower
What is 1919 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 November 2023.
Key facts
- Type
- Studio apartment
- Size
- 440 sqft
- Floor
- 19th of 22
- Parking
- B2-52
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,100 /yr
- Last sold
- AED 925K · July 2023
- Building
- MAG 318 Tower
About 1919, MAG 318 Tower
1919 is a studio 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 6 July 2023 for AED 925,000, or AED 2,103 per sqft, in line with the AED 2,084 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 20 November 2023, is AED 75,000 a year: a gross yield of 8.1% on the 2023 price, before the service charge of about AED 10,100 a year.
Sales and rents for 1919 over time
1919 has sold twice; 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 1919 sits
All 299 studios →1919 last sold in July 2023 at AED 2,103 per sqft, in line with what studios in MAG 318 Tower were fetching at the time (AED 2,084). 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. 1919's AED 75,000 is in the lower half of that range.
| 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 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 | ||
| 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 | ||
| 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 |
1919, MAG 318 Tower in numbers
- Sold twice: first on 12 July 2021 for AED 680,000, last on 6 July 2023 for AED 925,000 (AED 2,103 per sqft).
- Rented since August 2021 on 5 Ejari contracts, from AED 55,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2023 price is 8.1%, before a service charge of about AED 10,100 a year (AED 23.06 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 20 November 2023.
Questions about 1919, MAG 318 Tower
What did unit 1919 last sell for?
AED 925,000 on 6 July 2023: AED 2,103 per sqft for 440 sqft. The unit has 2 registered sales; the first was AED 680,000 in July 2021.
What is the rent for unit 1919?
AED 75,000 a year on the contract signed on 20 November 2023. The previous contract, from September 2023, was AED 75,000; the unit has been rented since August 2021.
How big is unit 1919?
440 sqft (40.9 sqm): a studio on the 19th floor of a 22-storey tower completed in 2020.
What is unit 1919 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 1919, MAG 318 Tower
Starts from the last sale price (AED 925K, 6 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 925,000
- Deposit, UAE resident (20%)
- AED 185,000
- Deposit, non-resident (40%)
- AED 370,000
- Monthly over 25 years at 3.7%
- AED 3,784
Plus AED 43,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →