1-bed · 819 sqftMAG 318 Tower, Business Bay · 10th floor · completed 2020

1001, MAG 318 Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

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.

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Unit 1001 · DLD and Ejari recordsUpdated 28 October 2026

Last soldAED 1.53M6 January 2021

Current rentAED 90K /yr28 October 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1001, MAG 318 Tower

Today

What is 1001 worth today?

Last sold for AED 1,526,940 in 2021

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28 Oct 2026

28 Oct 2026RentedNew contract

AED 90,000/yr12 months · AED 110 per sqft

15 Oct 2025

15 Oct 2025RentedNew contract

AED 110,000/yr12 months · AED 134 per sqft

1 Aug 2024

1 Aug 2024RentedRenewal

AED 100,000/yr12 months · AED 122 per sqft

1 Aug 2023

1 Aug 2023RentedNew contract

AED 100,000/yr12 months · AED 122 per sqft

2 Jul 2022

2 Jul 2022RentedNew contract

AED 100,000/yr12 months · AED 122 per sqft

6 Jul 2021

6 Jul 2021RentedNew contract

AED 82,000/yr12 months · AED 100 per sqft

6 Jan 2021

6 Jan 2021Sold by developerReady

AED 1,526,940AED 1,864 per sqft

Source: Dubai Land Department. Updated 28 October 2026.

Key facts

Type: 1-bed apartment
Size: 819 sqft
Floor: 10th of 22
Parking: P2-20
Developer: MAG
Completed: 2020
Service charge: AED 18,900 /yr
Last sold: AED 1.53M · January 2021
Building: MAG 318 Tower

About 1001, MAG 318 Tower

1001 is a one-bedroom apartment of 819 sqft on the 10th 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 1,526,940, or AED 1,864 per sqft, 11% below the AED 2,086 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 28 October 2026, is AED 90,000 a year: a gross yield of 5.9% on the 2021 price, before the service charge of about AED 18,900 a year.

Sales and rents for 1001 over time

Sales

Unit 1001, each saleTypical one-bed in MAG 318 Tower

1001 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1001, each contractTypical one-bed in MAG 318 Tower

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 1001 sits

All 48 1-beds →

1-beds in MAG 318 Tower · last 12 months1,763 /sqft MAG 318 Tower · all types2,286 /sqft

1001 last sold in January 2021 at AED 1,864 per sqft, 11% below what one-beds in MAG 318 Tower were fetching at the time (AED 2,086). Over the last 12 months one-beds sold for AED 1,710,000 to 1,750,000, around AED 1,763 per sqft, and rent for AED 79,500 to 135,000 a year. 1001's AED 90,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
27 Jul 202627 July 2026	982 sqft	1,732,516	1,763
1 Jul 20261 July 2026	819 sqft	1,750,000	2,136
22 Jan 202622 January 2026	982 sqft	1,710,000	1,740
18 Sep 202518 September 2025	819 sqft	1,570,000	1,916

3 1-bed sales 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. 27 sold in the last 12 months.

Typical price per sqft: AED 2,286 Down 5.7%
Typical sale: AED 1.08M
Typical rent: AED 79K /yr
Typical yield: 6.1%

MAG 318 Tower, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 439 units in MAG 318 Tower


1002	2-bed	967 sqft	AED 1.85MAED 1,853,882 · Jan 2021January 2021	140,000 /yr
1003	Studio	438 sqft	AED 760KAED 760,000 · Feb 2019February 2019	57,000 /yr
1004	Studio	433 sqft	AED 760KAED 760,000 · Jul 2021July 2021	70,000 /yr
1005	Studio	432 sqft	AED 775KAED 775,000 · Apr 2019April 2019	54,000 /yr
1006	Studio	433 sqft	AED 760KAED 760,000 · May 2019May 2019	65,000 /yr
1007	Studio	432 sqft	AED 1MAED 1,000,000 · Jan 2026January 2026	55,148 /yr
1008	Studio	433 sqft	AED 780KAED 780,000 · Apr 2019April 2019	75,000 /yr
1009	Studio	433 sqft	AED 1MAED 1,000,000 · Nov 2023November 2023	68,000 /yr
1010	Studio	432 sqft	AED 950KAED 950,000 · Jan 2024January 2024	62,000 /yr
1011	Studio	436 sqft	AED 1.01MAED 1,010,000 · Aug 2024August 2024	57,000 /yr
1012	2-bed	966 sqft	AED 2.25MAED 2,250,000 · Dec 2020December 2020	160,000 /yr
1013	1-bed	982 sqft	AED 2.05MAED 2,050,000 · Dec 2020December 2020	100,000 /yr
1014	2-bed	1,045 sqft	AED 2.3MAED 2,300,000 · Dec 2020December 2020	150,000 /yr
1015	Studio	444 sqft	AED 745KAED 745,000 · Nov 2021November 2021
1016	Studio	440 sqft	AED 832KAED 832,291 · Apr 2019April 2019	72,194 /yr
1017	Studio	441 sqft	AED 1.1MAED 1,100,000 · Oct 2025October 2025	96,000 /yr
1018	Studio	441 sqft	AED 550KAED 550,000 · Aug 2021August 2021	68,000 /yr
1019	Studio	440 sqft	AED 790KAED 790,000 · Dec 2018December 2018
1020	Studio	441 sqft	AED 960KAED 960,000 · Aug 2023August 2023	48,000 /yr
1021	Studio	440 sqft	AED 850KAED 850,000 · Aug 2026August 2026	75,000 /yr
1022	Studio	441 sqft	AED 810KAED 810,000 · Oct 2018October 2018	90,000 /yr
1023	Studio	446 sqft	AED 1.04MAED 1,040,000 · Nov 2024November 2024	60,000 /yr
1024	2-bed	1,043 sqft	AED 2.14MAED 2,144,295 · Jan 2021January 2021	120,000 /yr

1–7 of 23

1001, MAG 318 Tower in numbers

Sold once: by MAG on 6 January 2021 for AED 1,526,940, or AED 1,864 per sqft.
Rented since July 2021 on 6 Ejari contracts, from AED 82,000 to AED 90,000 a year.
At AED 90,000 a year the gross yield on the 2021 price is 5.9%, 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 1,710,000–1,750,000 in the 12 months to November 2026; the building's median across all types is AED 2,286 per sqft.

Source: Dubai Land Department. Updated 28 October 2026.

Questions about 1001, MAG 318 Tower

What did unit 1001 last sell for?

AED 1,526,940 on 6 January 2021, sold by the developer: AED 1,864 per sqft for 819 sqft. It is the only registered sale of the unit.

What is the rent for unit 1001?

AED 90,000 a year on the contract signed on 28 October 2026. The previous contract, from October 2025, was AED 110,000; the unit has been rented since July 2021.

How big is unit 1001?

819 sqft (76.1 sqm): a one-bedroom apartment on the 10th floor of a 22-storey tower completed in 2020.

What is unit 1001 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 1,750,000 in the last 12 months, around AED 1,763 per sqft.

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Mortgage on 1001, MAG 318 Tower

Starts from the last sale price (AED 1.53M, 6 January 2021). Switch to today's estimate once you have unlocked it.

Price: AED 1,526,940
Deposit, UAE resident (20%): AED 305,388
Deposit, non-resident (40%): AED 610,776
Monthly over 25 years at 3.7%: AED 6,247

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →