619, MAG 318 Tower
Sold prices and rental history: sold once, by the developer in February 2019, 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 619, MAG 318 Tower
What is 619 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 440 sqft
- Floor
- 6th of 22
- Parking
- P3-49
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,100 /yr
- Last sold
- AED 824K · February 2019
- Building
- MAG 318 Tower
About 619, MAG 318 Tower
619 is a studio of 440 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 February 2019 for AED 823,513, or AED 1,872 per sqft, 4% above the AED 1,796 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 63,000 a year: a gross yield of 7.6% on the 2019 price, before the service charge of about AED 10,100 a year.
Sales and rents for 619 over time
619 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 619 sits
All 299 studios →619 last sold in February 2019 at AED 1,872 per sqft, 4% above 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. 619's AED 63,000 is in the lower half of that range.
| 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 6th floor
All 439 units in MAG 318 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 821 sqft | AED 1.1MAED 1,100,000 · Jul 2021July 2021 | 120,000 /yr | |
| 602 | 2-bed | 967 sqft | AED 2.25MAED 2,250,000 · Dec 2020December 2020 | ||
| 603 | Studio | 438 sqft | AED 756KAED 756,000 · May 2018May 2018 | 85,000 /yr | |
| 604 | Studio | 433 sqft | AED 940KAED 940,000 · Jun 2023June 2023 | 75,000 /yr | |
| 605 | Studio | 432 sqft | AED 1.08MAED 1,075,000 · Dec 2020December 2020 | 75,000 /yr | |
| 606 | Studio | 433 sqft | AED 874KAED 874,460 · Nov 2019November 2019 | 60,000 /yr | |
| 607 | Studio | 432 sqft | AED 775KAED 775,000 · Jul 2018July 2018 | 75,000 /yr | |
| 608 | Studio | 433 sqft | AED 880KAED 880,000 · Nov 2022November 2022 | 82,500 /yr | |
| 609 | Studio | 434 sqft | AED 809KAED 809,000 · Nov 2019November 2019 | 73,000 /yr | |
| 610 | 1-bed | 874 sqft | AED 1.53MAED 1,526,609 · Oct 2020October 2020 | 105,000 /yr | |
| 611 | 2-bed | 967 sqft | AED 1.7MAED 1,700,000 · Dec 2022December 2022 | 120,000 /yr | |
| 612 | 1-bed | 982 sqft | AED 1.98MAED 1,977,000 · Jun 2021June 2021 | 120,000 /yr | |
| 613 | 2-bed | 1,044 sqft | AED 1.36MAED 1,357,005 · Nov 2022November 2022 | 140,000 /yr | |
| 614 | 1-bed | 890 sqft | AED 1.42MAED 1,422,900 · Apr 2020April 2020 | 120,000 /yr | |
| 615 | Studio | 442 sqft | AED 824KAED 823,513 · Feb 2019February 2019 | 79,000 /yr | |
| 616 | Studio | 441 sqft | AED 824KAED 824,418 · Feb 2019February 2019 | 75,000 /yr | |
| 617 | Studio | 440 sqft | AED 824KAED 823,513 · Feb 2019February 2019 | 75,000 /yr | |
| 618 | Studio | 441 sqft | AED 824KAED 824,418 · Feb 2019February 2019 | 78,000 /yr | |
| 620 | Studio | 441 sqft | AED 1.23MAED 1,230,000 · Jul 2025July 2025 | ||
| 621 | Studio | 446 sqft | AED 720KAED 720,000 · Oct 2021October 2021 | 83,000 /yr | |
| 622 | 2-bed | 1,042 sqft | AED 2.25MAED 2,250,000 · Dec 2020December 2020 | 140,000 /yr |
619, MAG 318 Tower in numbers
- Sold once: by MAG on 25 February 2019 for AED 823,513, or AED 1,872 per sqft.
- Rented since October 2021 on 5 Ejari contracts, from AED 58,000 to AED 63,000 a year.
- At AED 63,000 a year the gross yield on the 2019 price is 7.6%, before a service charge of about AED 10,100 a year (AED 23.06 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 1 November 2025.
Questions about 619, MAG 318 Tower
What did unit 619 last sell for?
AED 823,513 on 25 February 2019, sold by the developer: AED 1,872 per sqft for 440 sqft. It is the only registered sale of the unit.
What is the rent for unit 619?
AED 63,000 a year on the contract renewed on 1 November 2025. The previous contract, from November 2025, was AED 80,000; the unit has been rented since October 2021.
How big is unit 619?
440 sqft (40.9 sqm): a studio on the 6th floor of a 22-storey tower completed in 2020.
What is unit 619 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 619, MAG 318 Tower
Starts from the last sale price (AED 824K, 25 February 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 823,513
- Deposit, UAE resident (20%)
- AED 164,703
- Deposit, non-resident (40%)
- AED 329,405
- Monthly over 25 years at 3.7%
- AED 3,369
Plus AED 39,598 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →