2123, MAG 318 Tower
Sold prices and rental history: sold twice, last in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2123, MAG 318 Tower
What is 2123 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 21 March 2023.
Key facts
- Type
- Studio apartment
- Size
- 446 sqft
- Floor
- 21st of 22
- Parking
- B2-108
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,300 /yr
- Last sold
- AED 930K · March 2023
- Building
- MAG 318 Tower
About 2123, MAG 318 Tower
2123 is a studio of 446 sqft on the 21st floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 21 March 2023 for AED 930,000, or AED 2,083 per sqft, in line with the AED 2,058 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2123 over time
2123 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 2123 sits
All 299 studios →2123 last sold in March 2023 at AED 2,083 per sqft, in line with what studios in MAG 318 Tower were fetching at the time (AED 2,058). 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.
| 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 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 | |
| 2109 | 433 sqft | AED 1.2MAED 1,204,000 · Dec 2020December 2020 | 80,000 /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 | |
| 2124 | 2-bed | 1,043 sqft | AED 2.12MAED 2,120,000 · Apr 2024April 2024 | 150,000 /yr |
2123, MAG 318 Tower in numbers
- Sold twice: first on 9 September 2021 for AED 795,000, last on 21 March 2023 for AED 930,000 (AED 2,083 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 21 March 2023.
Questions about 2123, MAG 318 Tower
What did unit 2123 last sell for?
AED 930,000 on 21 March 2023: AED 2,083 per sqft for 446 sqft. The unit has 2 registered sales; the first was AED 795,000 in September 2021.
How big is unit 2123?
446 sqft (41.4 sqm): a studio on the 21st floor of a 22-storey tower completed in 2020.
What is unit 2123 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 2123, MAG 318 Tower
Starts from the last sale price (AED 930K, 21 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 930,000
- Deposit, UAE resident (20%)
- AED 186,000
- Deposit, non-resident (40%)
- AED 372,000
- Monthly over 25 years at 3.7%
- AED 3,805
Plus AED 44,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →