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1-bed · 874 sqftMAG 318 Tower, Business Bay · 6th floor · completed 2020

610, MAG 318 Tower

Sold prices and rental history: sold once, by the developer in October 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 610 · DLD and Ejari recordsUpdated 4 September 2025
Last soldAED 1.53M25 October 2020
Current rentAED 105K /yr4 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 610, MAG 318 Tower

What is 610 worth today?

Last sold for AED 1,526,609 in 2020

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4 Sep 2025RentedRenewal
AED 105,000/yr12 months · AED 120 per sqft
4 Sep 2023RentedNew contract
AED 100,000/yr12 months · AED 114 per sqft
21 Jun 2022RentedRenewal
AED 89,000/yr12 months · AED 102 per sqft
21 Jun 2021RentedNew contract
AED 81,000/yr12 months · AED 93 per sqft
25 Oct 2020Sold by developerOff-plan
AED 1,526,609AED 1,747 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 September 2025.

Key facts

Type
1-bed apartment
Size
874 sqft
Floor
6th of 22
Parking
P3-40
Developer
MAG
Completed
2020
Service charge
AED 20,100 /yr
Last sold
AED 1.53M · October 2020
Building
MAG 318 Tower

About 610, MAG 318 Tower

610 is a one-bedroom apartment of 874 sqft on the 6th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. The developer sold it on 25 October 2020 for AED 1,526,609, or AED 1,747 per sqft, 4% below the AED 1,825 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 4 September 2025, is AED 105,000 a year: a gross yield of 6.9% on the 2020 price, before the service charge of about AED 20,100 a year.

Sales and rents for 610 over time

Sales
Unit 610, 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, October 2020: AED 1,526,609 (AED 1,747 per sqft)

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

Rents
Unit 610, 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 135,000New contract, June 2021: AED 81,000 a yearRenewal, June 2022: AED 89,000 a yearNew contract, September 2023: AED 100,000 a yearRenewal, September 2025: AED 105,000 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 610 sits

All 47 1-beds →

610 last sold in October 2020 at AED 1,747 per sqft, 4% below what one-beds in MAG 318 Tower were fetching at the time (AED 1,825). 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. 610's AED 105,000 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 6th floor

All 439 units in MAG 318 Tower
Value
6011-bedAED 1.1M · Jul 2021
6022-bedAED 2.25M · Dec 2020
603StudioAED 756K · May 2018
604StudioAED 940K · Jun 2023
605StudioAED 1.08M · Dec 2020
606StudioAED 874K · Nov 2019
607StudioAED 775K · Jul 2018
1–7 of 21

610, MAG 318 Tower in numbers

  • Sold once: by MAG on 25 October 2020 for AED 1,526,609, or AED 1,747 per sqft.
  • Rented since June 2021 on 4 Ejari contracts, from AED 81,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2020 price is 6.9%, before a service charge of about AED 20,100 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 4 September 2025.

Questions about 610, MAG 318 Tower

What did unit 610 last sell for?

AED 1,526,609 on 25 October 2020, sold by the developer: AED 1,747 per sqft for 874 sqft. It is the only registered sale of the unit.

What is the rent for unit 610?

AED 105,000 a year on the contract renewed on 4 September 2025. The previous contract, from September 2023, was AED 100,000; the unit has been rented since June 2021.

How big is unit 610?

874 sqft (81.2 sqm): a one-bedroom apartment on the 6th floor of a 22-storey tower completed in 2020.

What is unit 610 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 610, MAG 318 Tower

Starts from the last sale price (AED 1.53M, 25 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,526,609
Deposit, UAE resident (20%)
AED 305,322
Deposit, non-resident (40%)
AED 610,644
Monthly over 25 years at 3.7%
AED 6,246

Plus AED 69,127 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →