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2-bed · 1,045 sqftMAG 318 Tower, Business Bay · 9th floor · completed 2020

914, MAG 318 Tower

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

Unit 914 · DLD and Ejari recordsUpdated 3 July 2025
Last soldAED 1.9M6 January 2021
Current rentAED 118K /yr3 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 914, MAG 318 Tower

What is 914 worth today?

Last sold for AED 1,904,413 in 2021

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3 Jul 2025RentedRenewal
AED 118,000/yr12 months · AED 113 per sqft
3 Jul 2024RentedRenewal
AED 115,500/yr12 months · AED 111 per sqft
3 Jul 2023RentedRenewal
AED 110,000/yr12 months · AED 105 per sqft
3 Jul 2022RentedRenewal
AED 104,000/yr12 months · AED 100 per sqft
3 Jul 2021RentedNew contract
AED 104,000/yr12 months · AED 100 per sqft
6 Jan 2021Sold by developerReady
AED 1,904,413AED 1,822 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 July 2025.

Key facts

Type
2-bed apartment
Size
1,045 sqft
Floor
9th of 22
Parking
P2-65 , P2-84
Developer
MAG
Completed
2020
Service charge
AED 24,100 /yr
Last sold
AED 1.9M · January 2021
Building
MAG 318 Tower

About 914, MAG 318 Tower

914 is a two-bedroom apartment of 1,045 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 6 January 2021 for AED 1,904,413, or AED 1,822 per sqft, 15% below the AED 2,156 two-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 3 July 2025, is AED 118,000 a year: a gross yield of 6.2% on the 2021 price, before the service charge of about AED 24,100 a year.

Sales and rents for 914 over time

Sales
Unit 914, each saleTypical two-bed in MAG 318 Tower
1.5M2M20182020202220242026Typical sale price by year: 2018 AED 1,781,294; 2019 AED 1,773,725; 2020 AED 2,250,000; 2021 AED 1,855,087; 2022 AED 1,357,005; 2024 AED 2,120,000; 2025 AED 2,050,000Sold by developer, January 2021: AED 1,904,413 (AED 1,822 per sqft)

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

Rents
Unit 914, each contractTypical two-bed in MAG 318 Tower
100K125K150K2021202320252027Typical rent by year: 2021 AED 101,000; 2022 AED 120,000; 2023 AED 125,500; 2024 AED 143,000; 2025 AED 144,225; 2026 AED 155,000New contract, July 2021: AED 104,000 a yearRenewal, July 2022: AED 104,000 a yearRenewal, July 2023: AED 110,000 a yearRenewal, July 2024: AED 115,500 a yearRenewal, July 2025: AED 118,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in MAG 318 Tower, and where 914 sits

All 73 2-beds →

914 last sold in January 2021 at AED 1,822 per sqft, 15% below what two-beds in MAG 318 Tower were fetching at the time (AED 2,156). Over the last 12 months two-beds sold for AED 2,000,000, around AED 2,068 per sqft, and rent for AED 85,000 to 160,000 a year. 914's AED 118,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Feb 20262,000,000
21 Jul 20252,255,000
11 Apr 20252,050,000
18 Mar 20252,000,000
1 2-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
9011-bedAED 1.52M · Sep 2020
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
1–7 of 23

914, MAG 318 Tower in numbers

  • Sold once: by MAG on 6 January 2021 for AED 1,904,413, or AED 1,822 per sqft.
  • Rented since July 2021 on 5 Ejari contracts, from AED 104,000 to AED 118,000 a year.
  • At AED 118,000 a year the gross yield on the 2021 price is 6.2%, before a service charge of about AED 24,100 a year (AED 23.06 per sqft).
  • Two-beds in MAG 318 Tower sold for AED 2,000,000–2,000,000 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 3 July 2025.

Questions about 914, MAG 318 Tower

What did unit 914 last sell for?

AED 1,904,413 on 6 January 2021, sold by the developer: AED 1,822 per sqft for 1,045 sqft. It is the only registered sale of the unit.

What is the rent for unit 914?

AED 118,000 a year on the contract renewed on 3 July 2025. The previous contract, from July 2024, was AED 115,500; the unit has been rented since July 2021.

How big is unit 914?

1,045 sqft (97.1 sqm): a two-bedroom apartment on the 9th floor of a 22-storey tower completed in 2020.

What is unit 914 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 318 Tower sold for AED 2,000,000 to 2,000,000 in the last 12 months, around AED 2,068 per sqft.

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Mortgage on 914, MAG 318 Tower

Starts from the last sale price (AED 1.9M, 6 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,904,413
Deposit, UAE resident (20%)
AED 380,883
Deposit, non-resident (40%)
AED 761,765
Monthly over 25 years at 3.7%
AED 7,792

Plus AED 84,996 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →