620, MAG 318 Tower
Sold prices and rental history: sold 3 times, last in July 2025, 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 620, MAG 318 Tower
What is 620 worth today?
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Source: Dubai Land Department. Updated 7 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 441 sqft
- Floor
- 6th of 22
- Parking
- P3-50
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,200 /yr
- Last sold
- AED 1.23M · July 2025
- Building
- MAG 318 Tower
About 620, MAG 318 Tower
620 is a studio of 441 sqft on the 6th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 7 July 2025 for AED 1,230,000, or AED 2,788 per sqft, 13% above the AED 2,464 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 620 over time
620 has sold 3 times; 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 620 sits
All 299 studios →620 last sold in July 2025 at AED 2,788 per sqft, 13% above what studios in MAG 318 Tower were fetching at the time (AED 2,464). 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 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 | |
| 619 | Studio | 440 sqft | AED 824KAED 823,513 · Feb 2019February 2019 | 80,000 /yr | |
| 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 |
620, MAG 318 Tower in numbers
- Sold 3 times: first on 28 April 2020 for AED 879,513, last on 7 July 2025 for AED 1,230,000 (AED 2,788 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: Dubai Land Department. Updated 7 July 2025.
Questions about 620, MAG 318 Tower
What did unit 620 last sell for?
AED 1,230,000 on 7 July 2025: AED 2,788 per sqft for 441 sqft. The unit has 3 registered sales; the first was AED 879,513 in April 2020.
How big is unit 620?
441 sqft (41.0 sqm): a studio on the 6th floor of a 22-storey tower completed in 2020.
What is unit 620 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 620, MAG 318 Tower
Starts from the last sale price (AED 1.23M, 7 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,230,000
- Deposit, UAE resident (20%)
- AED 246,000
- Deposit, non-resident (40%)
- AED 492,000
- Monthly over 25 years at 3.7%
- AED 5,032
Plus AED 56,670 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →