2109, MAG 318 Tower
Sold prices and rental history: sold once, by the developer in December 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2109, MAG 318 Tower
What is 2109 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 2 November 2024.
Key facts
- Type
- Apartment
- Size
- 433 sqft
- Floor
- 21st of 22
- Parking
- B2-90
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,000 /yr
- Last sold
- AED 1.2M · December 2020
- Building
- MAG 318 Tower
About 2109, MAG 318 Tower
2109 is an apartment of 433 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 20 December 2020 for AED 1,204,000, or AED 2,783 per sqft.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 2 November 2024, is AED 80,000 a year: a gross yield of 6.6% on the 2020 price, before the service charge of about AED 10,000 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 21st floor
All 439 units in MAG 318 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2101 | 1-bed | 819 sqft | AED 1.49MAED 1,490,000 · Sep 2022September 2022 | 105,000 /yr | |
| 2102 | 2-bed | 967 sqft | AED 1.8MAED 1,798,777 · Sep 2019September 2019 | 140,000 /yr | |
| 2103 | Studio | 438 sqft | AED 820KAED 820,000 · Oct 2020October 2020 | 80,000 /yr | |
| 2104 | Studio | 433 sqft | AED 655KAED 655,000 · Sep 2021September 2021 | 77,583 /yr | |
| 2105 | Studio | 432 sqft | AED 876KAED 875,658 · Jul 2019July 2019 | ||
| 2106 | Studio | 433 sqft | AED 1.02MAED 1,020,000 · Oct 2023October 2023 | 65,000 /yr | |
| 2107 | Studio | 432 sqft | AED 745KAED 745,000 · Nov 2021November 2021 | ||
| 2108 | Studio | 433 sqft | AED 655KAED 655,000 · Sep 2021September 2021 | 78,000 /yr | |
| 2110 | Studio | 432 sqft | AED 766KAED 766,100 · Sep 2021September 2021 | 85,000 /yr | |
| 2111 | Studio | 436 sqft | AED 1MAED 1,000,000 · Jul 2023July 2023 | 77,500 /yr | |
| 2112 | 2-bed | 966 sqft | AED 2.03MAED 2,030,588 · Jan 2021January 2021 | 120,000 /yr | |
| 2113 | 1-bed | 982 sqft | AED 2.05MAED 2,050,000 · Dec 2020December 2020 | 135,000 /yr | |
| 2114 | 2-bed | 1,045 sqft | AED 2.3MAED 2,300,000 · Dec 2020December 2020 | 170,000 /yr | |
| 2115 | Studio | 444 sqft | AED 975KAED 975,000 · Jan 2021January 2021 | 68,250 /yr | |
| 2116 | Studio | 440 sqft | AED 975KAED 975,000 · Jan 2021January 2021 | 75,000 /yr | |
| 2117 | Studio | 441 sqft | AED 1.2MAED 1,204,000 · Dec 2020December 2020 | ||
| 2118 | Studio | 441 sqft | AED 890KAED 889,712 · Nov 2020November 2020 | 75,000 /yr | |
| 2119 | Studio | 440 sqft | AED 906KAED 905,645 · Apr 2020April 2020 | 70,000 /yr | |
| 2120 | Studio | 441 sqft | AED 908KAED 908,400 · Apr 2020April 2020 | 72,000 /yr | |
| 2121 | Studio | 440 sqft | AED 888KAED 887,709 · Nov 2020November 2020 | 75,000 /yr | |
| 2122 | Studio | 441 sqft | AED 640KAED 639,566 · Feb 2021February 2021 | 60,000 /yr | |
| 2123 | Studio | 446 sqft | AED 930KAED 930,000 · Mar 2023March 2023 | ||
| 2124 | 2-bed | 1,043 sqft | AED 2.12MAED 2,120,000 · Apr 2024April 2024 | 150,000 /yr |
2109, MAG 318 Tower in numbers
- Sold once: by MAG on 20 December 2020 for AED 1,204,000, or AED 2,783 per sqft.
- Rented since October 2022 on 3 Ejari contracts, from AED 65,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2020 price is 6.6%, before a service charge of about AED 10,000 a year (AED 23.06 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 2 November 2024.
Questions about 2109, MAG 318 Tower
What did unit 2109 last sell for?
AED 1,204,000 on 20 December 2020, sold by the developer: AED 2,783 per sqft for 433 sqft. It is the only registered sale of the unit.
What is the rent for unit 2109?
AED 80,000 a year on the contract renewed on 2 November 2024. The previous contract, from November 2023, was AED 73,000; the unit has been rented since October 2022.
How big is unit 2109?
433 sqft (40.2 sqm): an apartment on the 21st floor of a 22-storey tower completed in 2020.
What is unit 2109 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 2109, MAG 318 Tower
Starts from the last sale price (AED 1.2M, 20 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,204,000
- Deposit, UAE resident (20%)
- AED 240,800
- Deposit, non-resident (40%)
- AED 481,600
- Monthly over 25 years at 3.7%
- AED 4,926
Plus AED 55,578 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →