520, MAG 318 Tower
Sold prices and rental history: sold once, by the developer in March 2020, 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 520, MAG 318 Tower
What is 520 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 3 March 2020.
Key facts
- Type
- Studio apartment
- Size
- 441 sqft
- Floor
- 5th of 22
- Parking
- P3-28
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,200 /yr
- Last sold
- AED 775K · March 2020
- Building
- MAG 318 Tower
About 520, MAG 318 Tower
520 is a studio of 441 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 3 March 2020 for AED 775,330, or AED 1,757 per sqft, in line with the AED 1,796 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 520 over time
520 has sold once; 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 520 sits
All 299 studios →520 last sold in March 2020 at AED 1,757 per sqft, in line with what studios in MAG 318 Tower were fetching at the time (AED 1,796). 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 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 | |
| 507 | 432 sqft | AED 787KAED 787,000 · Jan 2019January 2019 | |||
| 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 | |
| 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 |
520, MAG 318 Tower in numbers
- Sold once: by MAG on 3 March 2020 for AED 775,330, or AED 1,757 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 3 March 2020.
Questions about 520, MAG 318 Tower
What did unit 520 last sell for?
AED 775,330 on 3 March 2020, sold by the developer: AED 1,757 per sqft for 441 sqft. It is the only registered sale of the unit.
How big is unit 520?
441 sqft (41.0 sqm): a studio on the 5th floor of a 22-storey tower completed in 2020.
What is unit 520 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 520, MAG 318 Tower
Starts from the last sale price (AED 775K, 3 March 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 775,330
- Deposit, UAE resident (20%)
- AED 155,066
- Deposit, non-resident (40%)
- AED 310,132
- Monthly over 25 years at 3.7%
- AED 3,172
Plus AED 37,574 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →