413, MAG 318 Tower
Sold prices and rental history: sold once, by the developer in September 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 413, MAG 318 Tower
What is 413 worth today?
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Source: Dubai Land Department. Updated 30 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,203 sqft
- Floor
- 4th of 22
- Parking
- P3-69 , P3-78
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 27,700 /yr
- Last sold
- AED 1.52M · September 2020
- Building
- MAG 318 Tower
About 413, MAG 318 Tower
413 is a one-bedroom apartment of 1,203 sqft on the 4th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. The developer sold it on 3 September 2020 for AED 1,523,090, or AED 1,265 per sqft, 31% below the AED 1,845 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 30 April 2025, is AED 115,500 a year: a gross yield of 7.6% on the 2020 price, before the service charge of about AED 27,700 a year.
Sales and rents for 413 over time
413 has sold once; the dashed line is the one-bed median of each year in the building.
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 413 sits
All 47 1-beds →413 last sold in September 2020 at AED 1,265 per sqft, 31% below what one-beds in MAG 318 Tower were fetching at the time (AED 1,845). 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. 413's AED 115,500 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jan 202622 January 2026 | 982 sqft | 1,710,000 | 1,740 | ||
| 14 Apr 202514 April 2025 | 819 sqft | 1,800,000 | 2,197 | ||
| 2 Aug 20242 August 2024 | 821 sqft | 1,580,000 | 1,924 | ||
| 11 Jul 202311 July 2023 | 890 sqft | 1,460,000 | 1,640 |
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 4th floor
All 439 units in MAG 318 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,257 sqft | AED 1.7MAED 1,700,000 · Sep 2021September 2021 | 155,000 /yr | |
| 402 | Studio | 438 sqft | AED 1.08MAED 1,075,000 · Dec 2020December 2020 | ||
| 403 | Studio | 433 sqft | AED 1.05MAED 1,050,000 · Feb 2026February 2026 | 80,000 /yr | |
| 404 | Studio | 434 sqft | AED 780KAED 780,000 · Jul 2018July 2018 | 74,000 /yr | |
| 405 | 1-bed | 869 sqft | AED 1.96MAED 1,955,000 · Dec 2020December 2020 | ||
| 406 | 1-bed | 872 sqft | AED 1.96MAED 1,955,000 · Dec 2020December 2020 | 120,000 /yr | |
| 407 | 1-bed | 876 sqft | AED 1.81MAED 1,810,000 · Apr 2021April 2021 | 120,000 /yr | |
| 408 | 2-bed | 1,602 sqft | AED 1.03MAED 1,025,000 · Jan 2022January 2022 | ||
| 409 | 1-bed | 1,563 sqft | AED 1.85MAED 1,850,962 · Sep 2021September 2021 | 155,000 /yr | |
| 410 | 2-bed | 2,076 sqft | AED 2.25MAED 2,250,000 · Dec 2020December 2020 | 160,000 /yr | |
| 411 | 1-bed | 890 sqft | AED 1.96MAED 1,955,000 · Dec 2020December 2020 | 86,400 /yr | |
| 412 | Studio | 439 sqft | AED 780KAED 780,000 · May 2018May 2018 | 65,000 /yr |
413, MAG 318 Tower in numbers
- Sold once: by MAG on 3 September 2020 for AED 1,523,090, or AED 1,265 per sqft.
- Rented since April 2021 on 4 Ejari contracts, from AED 85,000 to AED 115,500 a year.
- At AED 115,500 a year the gross yield on the 2020 price is 7.6%, before a service charge of about AED 27,700 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: Dubai Land Department. Updated 30 April 2025.
Questions about 413, MAG 318 Tower
What did unit 413 last sell for?
AED 1,523,090 on 3 September 2020, sold by the developer: AED 1,265 per sqft for 1,203 sqft. It is the only registered sale of the unit.
What is the rent for unit 413?
AED 115,500 a year on the contract signed on 30 April 2025. The previous contract, from April 2024, was AED 105,000; the unit has been rented since April 2021.
How big is unit 413?
1,203 sqft (111.8 sqm): a one-bedroom apartment on the 4th floor of a 22-storey tower completed in 2020.
What is unit 413 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 413, MAG 318 Tower
Starts from the last sale price (AED 1.52M, 3 September 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,523,090
- Deposit, UAE resident (20%)
- AED 304,618
- Deposit, non-resident (40%)
- AED 609,236
- Monthly over 25 years at 3.7%
- AED 6,231
Plus AED 68,980 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →