1-bed · 819 sqftMAG 318 Tower, Business Bay · 9th floor · completed 2020

901, MAG 318 Tower

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

Unit 901 · DLD and Ejari recordsUpdated 6 December 2025
Last soldAED 1.52M3 September 2020
Current rentAED 110K /yr6 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 901, MAG 318 Tower

What is 901 worth today?

Last sold for AED 1,524,330 in 2020

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6 Dec 2025RentedRenewal
AED 110,000/yr12 months · AED 134 per sqft
6 Dec 2025RentedRenewal
AED 110,000/yr12 months · AED 134 per sqft
6 Dec 2025RentedRenewal
AED 98,000/yr12 months · AED 120 per sqft
6 Dec 2024RentedNew contract
AED 110,000/yr12 months · AED 134 per sqft
11 Sep 2023RentedNew contract
AED 100,000/yr12 months · AED 122 per sqft
1 Jul 2023RentedNew contract
AED 100,000/yr12 months · AED 122 per sqft
1 Jun 2022RentedNew contract
AED 100,000/yr12 months · AED 122 per sqft
24 May 2021RentedNew contract
AED 82,000/yr12 months · AED 100 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 December 2025.

Key facts

Type
1-bed apartment
Size
819 sqft
Floor
9th of 22
Parking
P3-110
Developer
MAG
Completed
2020
Service charge
AED 18,900 /yr
Last sold
AED 1.52M · September 2020

About 901, MAG 318 Tower

901 is a one-bedroom apartment of 819 sqft on the 9th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. The developer sold it on 3 September 2020 for AED 1,524,330, or AED 1,861 per sqft, in line with the AED 1,845 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 8 Ejari contracts. The current contract, renewed on 6 December 2025, is AED 110,000 a year: a gross yield of 7.2% on the 2020 price, before the service charge of about AED 18,900 a year.

Sales and rents for 901 over time

Sales
Unit 901, 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, September 2020: AED 1,524,330 (AED 1,861 per sqft)

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

Rents
Unit 901, 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, May 2021: AED 82,000 a yearNew contract, June 2022: AED 100,000 a yearNew contract, July 2023: AED 100,000 a yearNew contract, September 2023: AED 100,000 a yearNew contract, December 2024: AED 110,000 a yearRenewal, December 2025: AED 110,000 a yearRenewal, December 2025: AED 110,000 a yearRenewal, December 2025: AED 98,000 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 901 sits

All 47 1-beds →

901 last sold in September 2020 at AED 1,861 per sqft, in line with what one-beds in MAG 318 Tower were fetching at the time (AED 1,845). 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. 901's AED 110,000 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 9th floor

All 439 units in MAG 318 Tower
Value
9022-bedAED 1.78M · Jul 2018
903StudioAED 753K · Jan 2019
904StudioAED 945K · Dec 2023
905StudioAED 763K · Dec 2017
906StudioAED 794K · May 2018
907StudioAED 684K · Sep 2021
908StudioAED 779K · Sep 2020
1–7 of 23

901, MAG 318 Tower in numbers

  • Sold once: by MAG on 3 September 2020 for AED 1,524,330, or AED 1,861 per sqft.
  • Rented since May 2021 on 8 Ejari contracts, from AED 82,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2020 price is 7.2%, before a service charge of about AED 18,900 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 6 December 2025.

Questions about 901, MAG 318 Tower

What did unit 901 last sell for?

AED 1,524,330 on 3 September 2020, sold by the developer: AED 1,861 per sqft for 819 sqft. It is the only registered sale of the unit.

What is the rent for unit 901?

AED 110,000 a year on the contract renewed on 6 December 2025. The previous contract, from December 2025, was AED 110,000; the unit has been rented since May 2021.

How big is unit 901?

819 sqft (76.1 sqm): a one-bedroom apartment on the 9th floor of a 22-storey tower completed in 2020.

What is unit 901 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 901, MAG 318 Tower

Starts from the last sale price (AED 1.52M, 3 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,524,330
Deposit, UAE resident (20%)
AED 304,866
Deposit, non-resident (40%)
AED 609,732
Monthly over 25 years at 3.7%
AED 6,237

Plus AED 69,032 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →