
1013, MAG 318 Tower
Sold prices and rental history: sold once, by the developer in December 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1013, MAG 318 Tower
What is 1013 worth today?
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Source: Dubai Land Department. Updated 1 November 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 982 sqft
- Floor
- 10th of 22
- Parking
- P2-30
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 22,700 /yr
- Last sold
- AED 2.05M · December 2020
- Building
- MAG 318 Tower
About 1013, MAG 318 Tower
1013 is a one-bedroom apartment of 982 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 15 December 2020 for AED 2,050,000, or AED 2,086 per sqft, in line with the AED 2,086 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 1 November 2026, is AED 100,000 a year: a gross yield of 4.9% on the 2020 price, before the service charge of about AED 22,700 a year.
Sales and rents for 1013 over time
1013 has sold once; the dashed line is the one-bed median of each year in the building.
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 1013 sits
All 48 1-beds →1013 last sold in December 2020 at AED 2,086 per sqft, in line with 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. 1013's AED 100,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
MAG 318 Tower
Building439 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%
Other units on the 10th floor
All 439 units in MAG 318 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 819 sqft | AED 1.53MAED 1,526,940 · Jan 2021January 2021 | 90,000 /yr | |
| 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 | |
| 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 |
1013, MAG 318 Tower in numbers
- Sold once: by MAG on 15 December 2020 for AED 2,050,000, or AED 2,086 per sqft.
- Rented since August 2021 on 7 Ejari contracts, from AED 85,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2020 price is 4.9%, before a service charge of about AED 22,700 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 1 November 2026.
Questions about 1013, MAG 318 Tower
What did unit 1013 last sell for?
AED 2,050,000 on 15 December 2020, sold by the developer: AED 2,086 per sqft for 982 sqft. It is the only registered sale of the unit.
What is the rent for unit 1013?
AED 100,000 a year on the contract signed on 1 November 2026. The previous contract, from October 2025, was AED 110,000; the unit has been rented since August 2021.
How big is unit 1013?
982 sqft (91.2 sqm): a one-bedroom apartment on the 10th floor of a 22-storey tower completed in 2020.
What is unit 1013 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 1013, MAG 318 Tower
Starts from the last sale price (AED 2.05M, 15 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 2,050,000
- Deposit, UAE resident (20%)
- AED 410,000
- Deposit, non-resident (40%)
- AED 820,000
- Monthly over 25 years at 3.7%
- AED 8,387
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →