2218, MAG 318 Tower
Sold prices and rental history: sold twice, last in August 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2218, MAG 318 Tower
What is 2218 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 6 August 2025.
Key facts
- Type
- Apartment
- Size
- 441 sqft
- Floor
- 22nd of 22
- Parking
- B1-01
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,200 /yr
- Last sold
- AED 1.14M · August 2025
- Building
- MAG 318 Tower
About 2218, MAG 318 Tower
2218 is an apartment of 441 sqft on the 22nd floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 6 August 2025 for AED 1,140,000, or AED 2,584 per sqft.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 20 September 2024, is AED 115,000 a year: a gross yield of 10.1% on the 2025 price, before the service charge of about AED 10,200 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 22nd floor
All 439 units in MAG 318 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 1-bed | 823 sqft | AED 1.35MAED 1,350,000 · Aug 2021August 2021 | ||
| 2202 | 2-bed | 967 sqft | AED 1.89MAED 1,892,754 · Jul 2021July 2021 | 160,000 /yr | |
| 2203 | Studio | 438 sqft | AED 851KAED 851,000 · Sep 2018September 2018 | 80,000 /yr | |
| 2204 | Studio | 433 sqft | AED 811KAED 811,273 · Apr 2019April 2019 | ||
| 2205 | Studio | 432 sqft | AED 920KAED 920,000 · Mar 2023March 2023 | 78,000 /yr | |
| 2206 | Studio | 433 sqft | AED 1.02MAED 1,020,000 · Jul 2024July 2024 | 75,000 /yr | |
| 2207 | Studio | 432 sqft | AED 650KAED 650,000 · May 2021May 2021 | 80,000 /yr | |
| 2208 | Studio | 433 sqft | AED 1.01MAED 1,010,000 · Jun 2021June 2021 | 75,000 /yr | |
| 2209 | Studio | 433 sqft | AED 1.05MAED 1,050,000 · Jan 2025January 2025 | 83,000 /yr | |
| 2210 | Studio | 432 sqft | AED 1.16MAED 1,160,000 · Jan 2026January 2026 | 67,000 /yr | |
| 2211 | Studio | 436 sqft | AED 1.17MAED 1,167,880 · Jan 2021January 2021 | 85,000 /yr | |
| 2212 | 2-bed | 966 sqft | AED 2.25MAED 2,250,000 · Dec 2020December 2020 | 160,000 /yr | |
| 2213 | 1-bed | 982 sqft | AED 2.05MAED 2,050,000 · Dec 2020December 2020 | 96,800 /yr | |
| 2214 | 2-bed | 1,045 sqft | AED 1.51MAED 1,513,162 · Feb 2021February 2021 | 160,000 /yr | |
| 2215 | Studio | 444 sqft | AED 862KAED 862,365 · Sep 2018September 2018 | 55,000 /yr | |
| 2216 | Studio | 440 sqft | AED 857KAED 856,577 · Oct 2018October 2018 | 80,000 /yr | |
| 2217 | Studio | 441 sqft | AED 842KAED 841,970 · Sep 2020September 2020 | 80,000 /yr | |
| 2219 | Studio | 440 sqft | AED 1.02MAED 1,020,000 · Feb 2024February 2024 | 60,000 /yr | |
| 2220 | Studio | 441 sqft | AED 868KAED 868,407 · Jun 2018June 2018 | 75,000 /yr | |
| 2221 | Studio | 440 sqft | AED 854KAED 854,013 · Oct 2018October 2018 | 80,000 /yr | |
| 2222 | Studio | 441 sqft | AED 1.05MAED 1,050,000 · Mar 2024March 2024 | 80,000 /yr | |
| 2223 | Studio | 446 sqft | AED 1.1MAED 1,100,000 · Feb 2025February 2025 | ||
| 2224 | 2-bed | 1,043 sqft | AED 2.3MAED 2,300,000 · Dec 2020December 2020 | 127,548 /yr |
2218, MAG 318 Tower in numbers
- Sold twice: first on 8 April 2021 for AED 856,577, last on 6 August 2025 for AED 1,140,000 (AED 2,584 per sqft).
- Rented since October 2022 on 4 Ejari contracts, from AED 84,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2025 price is 10.1%, before a service charge of about AED 10,200 a year (AED 23.06 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 6 August 2025.
Questions about 2218, MAG 318 Tower
What did unit 2218 last sell for?
AED 1,140,000 on 6 August 2025: AED 2,584 per sqft for 441 sqft. The unit has 2 registered sales; the first was AED 856,577 in April 2021.
What is the rent for unit 2218?
AED 115,000 a year on the contract signed on 20 September 2024. The previous contract, from July 2024, was AED 82,000; the unit has been rented since October 2022.
How big is unit 2218?
441 sqft (41.0 sqm): an apartment on the 22nd floor of a 22-storey tower completed in 2020.
What is unit 2218 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 2218, MAG 318 Tower
Starts from the last sale price (AED 1.14M, 6 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,140,000
- Deposit, UAE resident (20%)
- AED 228,000
- Deposit, non-resident (40%)
- AED 456,000
- Monthly over 25 years at 3.7%
- AED 4,664
Plus AED 52,890 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →