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1-bed · 982 sqftMAG 318 Tower, Business Bay · 12th floor · completed 2020

1213, MAG 318 Tower

Sold prices and rental history: sold twice, last in January 2026, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1213 · DLD and Ejari recordsUpdated 20 October 2026
Last soldAED 1.71M22 January 2026
Current rentAED 100K /yr20 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1213, MAG 318 Tower

What is 1213 worth today?

Last sold for AED 1,710,000 in 2026

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20 Oct 2026RentedRenewal
AED 100,000/yr6 months · AED 102 per sqft
20 Apr 2026RentedNew contract
AED 120,000/yr6 months · AED 122 per sqft
22 Jan 2026SoldReady
AED 1,710,000AED 1,740 per sqft
20 Apr 2025RentedNew contract
AED 133,000/yr12 months · AED 136 per sqft
20 Apr 2025RentedNew contract
AED 133,000/yr12 months · AED 136 per sqft
13 Feb 2024RentedNew contract
AED 120,323/yr12 months · AED 122 per sqft
1 Feb 2023RentedNew contract
AED 95,000/yr12 months · AED 97 per sqft
23 May 2022RentedNew contract
AED 100,000/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 20 October 2026.

Key facts

Type
1-bed apartment
Size
982 sqft
Floor
12th of 22
Parking
P2-92
Developer
MAG
Completed
2020
Service charge
AED 22,700 /yr
Last sold
AED 1.71M · January 2026
Building
MAG 318 Tower

About 1213, MAG 318 Tower

1213 is a one-bedroom apartment of 982 sqft on the 12th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 22 January 2026 for AED 1,710,000, or AED 1,740 per sqft, 9% below the AED 1,916 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 20 October 2026, is AED 100,000 a year: a gross yield of 5.9% on the 2026 price, before the service charge of about AED 22,700 a year.

Sales and rents for 1213 over time

Sales
Unit 1213, each saleTypical one-bed in MAG 318 Tower
1.5M2M2018202120242027Typical sale price by year: 2018 AED 1,486,232; 2019 AED 1,462,000; 2020 AED 2,050,000; 2021 AED 1,594,787; 2026 AED 1,732,516Sold by developer, January 2021: AED 1,716,742 (AED 1,747 per sqft)Sold, January 2026: AED 1,710,000 (AED 1,740 per sqft)

1213 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1213, each contractTypical one-bed in MAG 318 Tower
75K100K125K2021202320252027Typical rent by year: 2021 AED 83,000; 2022 AED 95,000; 2023 AED 105,000; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 95,000New contract, May 2021: AED 90,000 a yearNew contract, May 2022: AED 100,000 a yearNew contract, February 2023: AED 95,000 a yearNew contract, February 2024: AED 120,323 a yearNew contract, April 2025: AED 133,000 a yearNew contract, April 2025: AED 133,000 a yearNew contract, April 2026: AED 120,000 a yearRenewal, October 2026: AED 100,000 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 1213 sits

All 48 1-beds →

1213 last sold in January 2026 at AED 1,740 per sqft, 9% below what one-beds in MAG 318 Tower were fetching at the time (AED 1,916). 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. 1213's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jul 20261,732,516
1 Jul 20261,750,000
18 Sep 20251,570,000
14 Apr 20251,800,000
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 12th floor

All 439 units in MAG 318 Tower
Value
12011-bedAED 1.55M · Nov 2021
12022-bedAED 2M · Feb 2026
1203StudioAED 840K · Mar 2023
1204StudioAED 454K · Feb 2021
1205StudioAED 515K · Sep 2025
1206StudioAED 765K · Oct 2020
1207StudioAED 792K · Mar 2018
1–7 of 23

1213, MAG 318 Tower in numbers

  • Sold twice: first on 5 January 2021 for AED 1,716,742, last on 22 January 2026 for AED 1,710,000 (AED 1,740 per sqft).
  • Rented since May 2021 on 8 Ejari contracts, from AED 90,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2026 price is 5.9%, 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 20 October 2026.

Questions about 1213, MAG 318 Tower

What did unit 1213 last sell for?

AED 1,710,000 on 22 January 2026: AED 1,740 per sqft for 982 sqft. The unit has 2 registered sales; the first was AED 1,716,742 in January 2021.

What is the rent for unit 1213?

AED 100,000 a year on the contract renewed on 20 October 2026. The previous contract, from April 2026, was AED 120,000; the unit has been rented since May 2021.

How big is unit 1213?

982 sqft (91.2 sqm): a one-bedroom apartment on the 12th floor of a 22-storey tower completed in 2020.

What is unit 1213 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 1213, MAG 318 Tower

Starts from the last sale price (AED 1.71M, 22 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,710,000
Deposit, UAE resident (20%)
AED 342,000
Deposit, non-resident (40%)
AED 684,000
Monthly over 25 years at 3.7%
AED 6,996

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