2-bed · 967 sqftMAG 318 Tower, Business Bay · 11th floor · completed 2020

1102, 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 November 2020, 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 1102 · DLD and Ejari recordsUpdated 1 May 2026

Last soldAED 1.72M5 November 2020

Current rentAED 130K /yr1 May 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1102, MAG 318 Tower

Today

What is 1102 worth today?

Last sold for AED 1,717,100 in 2020

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1 May 2026

1 May 2026RentedNew contract

AED 130,000/yr12 months · AED 134 per sqft

6 Oct 2025

6 Oct 2025RentedNew contract

AED 130,000/yr12 months · AED 134 per sqft

10 Aug 2024

10 Aug 2024RentedNew contract

AED 175,000/yr12 months · AED 181 per sqft

15 Jun 2023

15 Jun 2023RentedRenewal

AED 115,500/yr12 months · AED 119 per sqft

15 Jun 2022

15 Jun 2022RentedNew contract

AED 105,000/yr12 months · AED 108 per sqft

15 Jun 2021

15 Jun 2021RentedNew contract

AED 95,000/yr12 months · AED 98 per sqft

5 Nov 2020

5 Nov 2020Sold by developerOff-plan

AED 1,717,100AED 1,776 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type: 2-bed apartment
Size: 967 sqft
Floor: 11th of 22
Parking: P2-71 , P2-78
Developer: MAG
Completed: 2020
Service charge: AED 22,300 /yr
Last sold: AED 1.72M · November 2020
Building: MAG 318 Tower

About 1102, MAG 318 Tower

1102 is a two-bedroom apartment of 967 sqft on the 11th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. The developer sold it on 5 November 2020 for AED 1,717,100, or AED 1,776 per sqft, 7% below the AED 1,912 two-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 1 May 2026, is AED 130,000 a year: a gross yield of 7.6% on the 2020 price, before the service charge of about AED 22,300 a year.

Sales and rents for 1102 over time

Sales

Unit 1102, each saleTypical two-bed in MAG 318 Tower

1102 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1102, each contractTypical two-bed in MAG 318 Tower

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 1102 sits

All 75 2-beds →

2-beds in MAG 318 Tower · last 12 months2,068 /sqft MAG 318 Tower · all types2,286 /sqft

1102 last sold in November 2020 at AED 1,776 per sqft, 7% below what two-beds in MAG 318 Tower were fetching at the time (AED 1,912). Over the last 12 months two-beds sold for AED 2,000,000 to 2,800,000, around AED 2,068 per sqft, and rent for AED 85,000 to 166,000 a year. 1102's AED 130,000 is in the upper half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
16 Sep 202616 September 2026	967 sqft	2,000,000	2,069
14 Sep 202614 September 2026	1,602 sqft	2,800,000	1,747
12 Feb 202612 February 2026	967 sqft	2,000,000	2,068
29 Aug 202529 August 2025	1,043 sqft	2,250,000	2,156

3 2-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 11th floor

All 439 units in MAG 318 Tower


1101	1-bed	819 sqft	AED 1.51MAED 1,511,872 · Sep 2018September 2018	95,000 /yr
1103	Studio	438 sqft	AED 608KAED 608,000 · May 2021May 2021	90,000 /yr
1104	Studio	433 sqft	AED 608KAED 608,000 · May 2021May 2021	80,000 /yr
1105	Studio	432 sqft	AED 1.08MAED 1,075,000 · Dec 2020December 2020	80,000 /yr
1106	Studio	433 sqft	AED 900KAED 900,000 · Dec 2022December 2022
1107	Studio	432 sqft	AED 818KAED 817,885 · Jun 2020June 2020	65,000 /yr
1108	Studio	433 sqft	AED 1.04MAED 1,040,000 · Jan 2025January 2025	55,000 /yr
1109	Studio	433 sqft	AED 1.1MAED 1,100,000 · Aug 2025August 2025	56,000 /yr
1110	Studio	432 sqft	AED 850KAED 850,000 · Oct 2026October 2026	108,000 /yr
1111	Studio	436 sqft	AED 880KAED 880,000 · Oct 2022October 2022	95,000 /yr
1112	2-bed	966 sqft	AED 2.05MAED 2,050,000 · Apr 2025April 2025	137,500 /yr
1113	1-bed	982 sqft	AED 1.73MAED 1,732,516 · Jul 2026July 2026	135,000 /yr
1114	2-bed	1,045 sqft	AED 1.72MAED 1,721,874 · Jul 2021July 2021
1115	Studio	444 sqft	AED 900KAED 900,000 · Aug 2022August 2022
1116	Studio	440 sqft	AED 877KAED 877,070 · Sep 2020September 2020	73,000 /yr
1117	Studio	441 sqft	AED 1.25MAED 1,250,000 · Feb 2025February 2025	72,000 /yr
1118	Studio	441 sqft	AED 786KAED 785,612 · Dec 2018December 2018	75,000 /yr
1119	Studio	440 sqft	AED 1.25MAED 1,250,000 · Oct 2024October 2024	80,000 /yr
1120	Studio	441 sqft	AED 895KAED 894,970 · Nov 2020November 2020	55,000 /yr
1121	Studio	440 sqft	AED 1.1MAED 1,100,000 · Dec 2022December 2022	82,000 /yr
1122	Studio	441 sqft	AED 825KAED 825,182 · Sep 2020September 2020
1123	Studio	446 sqft	AED 1.05MAED 1,050,000 · May 2025May 2025	80,000 /yr
1124	2-bed	1,043 sqft	AED 2.3MAED 2,300,000 · Dec 2020December 2020	105,000 /yr

1–7 of 23

1102, MAG 318 Tower in numbers

Sold once: by MAG on 5 November 2020 for AED 1,717,100, or AED 1,776 per sqft.
Rented since June 2021 on 6 Ejari contracts, from AED 95,000 to AED 130,000 a year.
At AED 130,000 a year the gross yield on the 2020 price is 7.6%, before a service charge of about AED 22,300 a year (AED 23.06 per sqft).
Two-beds in MAG 318 Tower sold for AED 2,000,000–2,800,000 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 May 2026.

Questions about 1102, MAG 318 Tower

What did unit 1102 last sell for?

AED 1,717,100 on 5 November 2020, sold by the developer: AED 1,776 per sqft for 967 sqft. It is the only registered sale of the unit.

What is the rent for unit 1102?

AED 130,000 a year on the contract signed on 1 May 2026. The previous contract, from October 2025, was AED 130,000; the unit has been rented since June 2021.

How big is unit 1102?

967 sqft (89.8 sqm): a two-bedroom apartment on the 11th floor of a 22-storey tower completed in 2020.

What is unit 1102 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 2,800,000 in the last 12 months, around AED 2,068 per sqft.

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Mortgage on 1102, MAG 318 Tower

Starts from the last sale price (AED 1.72M, 5 November 2020). Switch to today's estimate once you have unlocked it.

Price: AED 1,717,100
Deposit, UAE resident (20%): AED 343,420
Deposit, non-resident (40%): AED 686,840
Monthly over 25 years at 3.7%: AED 7,025

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