Home
Dubai prices
About
Research
1-bed · 874 sqftMAG 318 Tower, Business Bay · 7th floor · completed 2020

710, MAG 318 Tower

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

Unit 710 · DLD and Ejari recordsUpdated 4 July 2025
Last soldAED 1.53M16 November 2020
Current rentAED 121K /yr4 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 710, MAG 318 Tower

What is 710 worth today?

Last sold for AED 1,526,610 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Jul 2025RentedRenewal
AED 121,000/yr12 months · AED 139 per sqft
4 Jul 2024RentedRenewal
AED 110,000/yr12 months · AED 126 per sqft
4 Jul 2023RentedRenewal
AED 100,000/yr12 months · AED 114 per sqft
4 Jul 2022RentedNew contract
AED 100,000/yr12 months · AED 114 per sqft
16 Jun 2021RentedNew contract
AED 82,000/yr12 months · AED 94 per sqft
16 Nov 2020Sold by developerOff-plan
AED 1,526,610AED 1,747 per sqft

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

Key facts

Type
1-bed apartment
Size
874 sqft
Floor
7th of 22
Parking
P3-62
Developer
MAG
Completed
2020
Service charge
AED 20,100 /yr
Last sold
AED 1.53M · November 2020
Building
MAG 318 Tower

About 710, MAG 318 Tower

710 is a one-bedroom apartment of 874 sqft on the 7th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. The developer sold it on 16 November 2020 for AED 1,526,610, or AED 1,747 per sqft, in line with the AED 1,753 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 4 July 2025, is AED 121,000 a year: a gross yield of 7.9% on the 2020 price, before the service charge of about AED 20,100 a year.

Sales and rents for 710 over time

Sales
Unit 710, 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, November 2020: AED 1,526,610 (AED 1,747 per sqft)

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

Rents
Unit 710, 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 82,000 a yearNew contract, July 2022: AED 100,000 a yearRenewal, July 2023: AED 100,000 a yearRenewal, July 2024: AED 110,000 a yearRenewal, July 2025: AED 121,000 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 710 sits

All 47 1-beds →

710 last sold in November 2020 at AED 1,747 per sqft, in line with what one-beds in MAG 318 Tower were fetching at the time (AED 1,753). 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. 710's AED 121,000 is in the upper 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 7th floor

All 439 units in MAG 318 Tower
Value
7011-bedAED 1.46M · Jul 2018
7022-bedAED 2.25M · Dec 2020
703StudioAED 680K · Jun 2021
704StudioAED 1.1M · Dec 2024
705StudioAED 794K · Mar 2018
706StudioAED 1.01M · Jun 2021
707StudioAED 980K · Feb 2024
1–7 of 21

710, MAG 318 Tower in numbers

  • Sold once: by MAG on 16 November 2020 for AED 1,526,610, or AED 1,747 per sqft.
  • Rented since June 2021 on 5 Ejari contracts, from AED 82,000 to AED 121,000 a year.
  • At AED 121,000 a year the gross yield on the 2020 price is 7.9%, 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 July 2025.

Questions about 710, MAG 318 Tower

What did unit 710 last sell for?

AED 1,526,610 on 16 November 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 710?

AED 121,000 a year on the contract renewed on 4 July 2025. The previous contract, from July 2024, was AED 110,000; the unit has been rented since June 2021.

How big is unit 710?

874 sqft (81.2 sqm): a one-bedroom apartment on the 7th floor of a 22-storey tower completed in 2020.

What is unit 710 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.

Selling 710? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 710, MAG 318 Tower

Starts from the last sale price (AED 1.53M, 16 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,526,610
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 →