507, MAG 318 Tower
Sold prices and rental history: sold once, by the developer in January 2019, 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 507, MAG 318 Tower
What is 507 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 13 January 2019.
Key facts
- Type
- Apartment
- Size
- 432 sqft
- Floor
- 5th of 22
- Parking
- P3-15
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,000 /yr
- Last sold
- AED 787K · January 2019
- Building
- MAG 318 Tower
About 507, MAG 318 Tower
507 is an apartment of 432 sqft on the 5th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. The developer sold it on 13 January 2019 for AED 787,000, or AED 1,823 per sqft.
No rental contract for the unit is registered on Ejari.
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 5th floor
All 439 units in MAG 318 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 821 sqft | AED 1.58MAED 1,580,000 · Aug 2024August 2024 | 130,000 /yr | |
| 502 | 2-bed | 967 sqft | AED 1.59MAED 1,590,765 · Apr 2021April 2021 | 125,000 /yr | |
| 503 | Studio | 438 sqft | AED 745KAED 745,000 · Nov 2021November 2021 | ||
| 504 | Studio | 433 sqft | AED 690KAED 690,000 · Jun 2021June 2021 | ||
| 505 | Studio | 432 sqft | AED 787KAED 787,097 · Jan 2018January 2018 | 80,000 /yr | |
| 506 | Studio | 433 sqft | AED 780KAED 780,000 · Mar 2019March 2019 | 70,000 /yr | |
| 508 | Studio | 433 sqft | AED 775KAED 775,000 · Jul 2018July 2018 | 75,000 /yr | |
| 509 | Studio | 434 sqft | AED 650KAED 650,000 · May 2021May 2021 | 80,000 /yr | |
| 510 | 1-bed | 874 sqft | AED 1.96MAED 1,955,000 · Dec 2020December 2020 | 130,000 /yr | |
| 511 | 2-bed | 967 sqft | AED 2.3MAED 2,300,000 · Dec 2020December 2020 | 100,000 /yr | |
| 512 | 1-bed | 982 sqft | AED 1.65MAED 1,650,000 · Dec 2021December 2021 | 130,000 /yr | |
| 513 | 2-bed | 1,044 sqft | AED 1.85MAED 1,850,000 · Nov 2021November 2021 | 140,000 /yr | |
| 514 | 1-bed | 890 sqft | AED 1.42MAED 1,418,500 · Jun 2019June 2019 | 120,000 /yr | |
| 515 | Studio | 442 sqft | AED 768KAED 767,900 · Dec 2018December 2018 | 80,000 /yr | |
| 516 | Studio | 441 sqft | AED 804KAED 803,500 · May 2019May 2019 | 75,000 /yr | |
| 517 | Studio | 440 sqft | AED 769KAED 768,750 · Apr 2019April 2019 | 69,300 /yr | |
| 518 | Studio | 441 sqft | AED 774KAED 774,441 · Aug 2018August 2018 | 78,000 /yr | |
| 519 | Studio | 440 sqft | AED 1.23MAED 1,225,000 · Jul 2025July 2025 | 84,000 /yr | |
| 520 | Studio | 441 sqft | AED 775KAED 775,330 · Mar 2020March 2020 | ||
| 521 | Studio | 446 sqft | AED 775KAED 774,600 · Jan 2018January 2018 | 60,000 /yr | |
| 522 | 2-bed | 1,042 sqft | AED 1.86MAED 1,856,292 · Jan 2021January 2021 | 135,000 /yr |
507, MAG 318 Tower in numbers
- Sold once: by MAG on 13 January 2019 for AED 787,000, or AED 1,823 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 13 January 2019.
Questions about 507, MAG 318 Tower
What did unit 507 last sell for?
AED 787,000 on 13 January 2019, sold by the developer: AED 1,823 per sqft for 432 sqft. It is the only registered sale of the unit.
How big is unit 507?
432 sqft (40.1 sqm): an apartment on the 5th floor of a 22-storey tower completed in 2020.
What is unit 507 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 507? Put it on the OpenOffers board
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Mortgage on 507, MAG 318 Tower
Starts from the last sale price (AED 787K, 13 January 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 787,000
- Deposit, UAE resident (20%)
- AED 157,400
- Deposit, non-resident (40%)
- AED 314,800
- Monthly over 25 years at 3.7%
- AED 3,220
Plus AED 38,064 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →