2-bed · 967 sqftMAG 318 Tower, Business Bay · 21st floor · completed 2020

2102, MAG 318 Tower

Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2102 · DLD and Ejari recordsUpdated 30 August 2025
Last soldAED 1.8M16 September 2019
Current rentAED 140K /yr30 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2102, MAG 318 Tower

What is 2102 worth today?

Last sold for AED 1,798,777 in 2019

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30 Aug 2025RentedNew contract
AED 140,000/yr12 months · AED 145 per sqft
18 Jun 2024RentedNew contract
AED 120,000/yr12 months · AED 124 per sqft
8 May 2024RentedNew contract
AED 125,000/yr1 months · AED 129 per sqft
18 Jun 2023RentedRenewal
AED 120,000/yr12 months · AED 124 per sqft
18 Jun 2022RentedRenewal
AED 120,000/yr12 months · AED 124 per sqft
18 Jun 2021RentedNew contract
AED 110,000/yr12 months · AED 114 per sqft
16 Sep 2019Sold by developerOff-plan
AED 1,798,777AED 1,860 per sqft

Source: Dubai Land Department. Updated 30 August 2025.

Key facts

Type
2-bed apartment
Size
967 sqft
Floor
21st of 22
Parking
B2-83
Developer
MAG
Completed
2020
Service charge
AED 22,300 /yr
Last sold
AED 1.8M · September 2019

About 2102, MAG 318 Tower

2102 is a two-bedroom apartment of 967 sqft on the 21st floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. The developer sold it on 16 September 2019 for AED 1,798,777, or AED 1,860 per sqft.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 30 August 2025, is AED 140,000 a year: a gross yield of 7.8% on the 2019 price, before the service charge of about AED 22,300 a year.

Sales and rents for 2102 over time

Sales
Unit 2102, each saleTypical two-bed in MAG 318 Tower
1.5M2M20182020202220242026Typical sale price by year: 2018 AED 1,781,294; 2019 AED 1,773,725; 2020 AED 2,250,000; 2021 AED 1,855,087; 2022 AED 1,357,005; 2024 AED 2,120,000; 2025 AED 2,050,000Sold by developer, September 2019: AED 1,798,777 (AED 1,860 per sqft)

2102 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2102, each contractTypical two-bed in MAG 318 Tower
100K125K150K2021202320252027Typical rent by year: 2021 AED 101,000; 2022 AED 120,000; 2023 AED 125,500; 2024 AED 143,000; 2025 AED 144,225; 2026 AED 155,000New contract, June 2021: AED 110,000 a yearRenewal, June 2022: AED 120,000 a yearRenewal, June 2023: AED 120,000 a yearNew contract, May 2024: AED 125,000 a yearNew contract, June 2024: AED 120,000 a yearNew contract, August 2025: AED 140,000 a year

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 2102 sits

All 73 2-beds →

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. 2102's AED 140,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Feb 20262,000,000
21 Jul 20252,255,000
11 Apr 20252,050,000
18 Mar 20252,000,000
1 2-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 21st floor

All 439 units in MAG 318 Tower
Value
21011-bedAED 1.49M · Sep 2022
2103StudioAED 820K · Oct 2020
2104StudioAED 655K · Sep 2021
2105StudioAED 876K · Jul 2019
2106StudioAED 1.02M · Oct 2023
2107StudioAED 745K · Nov 2021
2108StudioAED 655K · Sep 2021
1–7 of 23

2102, MAG 318 Tower in numbers

  • Sold once: by MAG on 16 September 2019 for AED 1,798,777, or AED 1,860 per sqft.
  • Rented since June 2021 on 6 Ejari contracts, from AED 110,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2019 price is 7.8%, 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: Dubai Land Department. Updated 30 August 2025.

Questions about 2102, MAG 318 Tower

What did unit 2102 last sell for?

AED 1,798,777 on 16 September 2019, sold by the developer: AED 1,860 per sqft for 967 sqft. It is the only registered sale of the unit.

What is the rent for unit 2102?

AED 140,000 a year on the contract signed on 30 August 2025. The previous contract, from June 2024, was AED 120,000; the unit has been rented since June 2021.

How big is unit 2102?

967 sqft (89.8 sqm): a two-bedroom apartment on the 21st floor of a 22-storey tower completed in 2020.

What is unit 2102 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 2102, MAG 318 Tower

Starts from the last sale price (AED 1.8M, 16 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,798,777
Deposit, UAE resident (20%)
AED 359,755
Deposit, non-resident (40%)
AED 719,511
Monthly over 25 years at 3.7%
AED 7,359

Plus AED 80,559 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →