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1-bed · 982 sqftMAG 318 Tower, Business Bay · 22nd floor · completed 2020

2213, 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.

Unit 2213 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 2.05M22 December 2020
Current rentAED 97K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2213, MAG 318 Tower

What is 2213 worth today?

Last sold for AED 2,050,000 in 2020

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1 Jul 2025RentedRenewal
AED 96,800/yr12 months · AED 99 per sqft
28 Jun 2024RentedRenewal
AED 87,273/yr12 months · AED 89 per sqft
28 Jun 2022RentedRenewal
AED 83,000/yr12 months · AED 84 per sqft
22 Dec 2020Sold by developerOff-plan
AED 2,050,000AED 2,086 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2025.

Key facts

Type
1-bed apartment
Size
982 sqft
Floor
22nd of 22
Parking
B2-133
Developer
MAG
Completed
2020
Service charge
AED 22,700 /yr
Last sold
AED 2.05M · December 2020
Building
MAG 318 Tower

About 2213, MAG 318 Tower

2213 is a one-bedroom apartment of 982 sqft on the 22nd floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. The developer sold it on 22 December 2020 for AED 2,050,000, or AED 2,086 per sqft, in line with the AED 2,086 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 96,800 a year: a gross yield of 4.7% on the 2020 price, before the service charge of about AED 22,700 a year.

Sales and rents for 2213 over time

Sales
Unit 2213, each saleTypical one-bed in MAG 318 Tower
1.5M2M20182019202020212022Typical sale price by year: 2018 AED 1,486,232; 2019 AED 1,456,817; 2020 AED 2,050,000; 2021 AED 1,594,787Sold by developer, December 2020: AED 2,050,000 (AED 2,086 per sqft)

2213 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2213, each contractTypical one-bed in MAG 318 Tower
75K100K125K2021202320252027Typical rent by year: 2021 AED 82,221; 2022 AED 95,000; 2023 AED 100,600; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 135,000Renewal, June 2022: AED 83,000 a yearRenewal, June 2024: AED 87,273 a yearRenewal, July 2025: AED 96,800 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in MAG 318 Tower, and where 2213 sits

All 47 1-beds →

2213 last sold in December 2020 at AED 2,086 per sqft, in line with what one-beds in MAG 318 Tower were fetching at the time (AED 2,086). Over the last 12 months one-beds sold for AED 1,710,000, around AED 1,740 per sqft, and rent for AED 79,500 to 135,000 a year. 2213's AED 96,800 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Jan 20261,710,000
14 Apr 20251,800,000
2 Aug 20241,580,000
11 Jul 20231,460,000
1 1-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 22nd floor

All 439 units in MAG 318 Tower
Value
22011-bedAED 1.35M · Aug 2021
22022-bedAED 1.89M · Jul 2021
2203StudioAED 851K · Sep 2018
2204StudioAED 811K · Apr 2019
2205StudioAED 920K · Mar 2023
2206StudioAED 1.02M · Jul 2024
2207StudioAED 650K · May 2021
1–7 of 23

2213, MAG 318 Tower in numbers

  • Sold once: by MAG on 22 December 2020 for AED 2,050,000, or AED 2,086 per sqft.
  • Rented since June 2022 on 3 Ejari contracts, from AED 83,000 to AED 96,800 a year.
  • At AED 96,800 a year the gross yield on the 2020 price is 4.7%, before a service charge of about AED 22,700 a year (AED 23.06 per sqft).
  • One-beds in MAG 318 Tower sold for AED 1,710,000–1,710,000 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 1 July 2025.

Questions about 2213, MAG 318 Tower

What did unit 2213 last sell for?

AED 2,050,000 on 22 December 2020, sold by the developer: AED 2,086 per sqft for 982 sqft. It is the only registered sale of the unit.

What is the rent for unit 2213?

AED 96,800 a year on the contract renewed on 1 July 2025. The previous contract, from June 2024, was AED 87,273; the unit has been rented since June 2022.

How big is unit 2213?

982 sqft (91.2 sqm): a one-bedroom apartment on the 22nd floor of a 22-storey tower completed in 2020.

What is unit 2213 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 318 Tower sold for AED 1,710,000 to 1,710,000 in the last 12 months, around AED 1,740 per sqft.

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Mortgage on 2213, MAG 318 Tower

Starts from the last sale price (AED 2.05M, 22 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

Plus AED 91,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →