1-bed · 819 sqftMAG 318 Tower, Business Bay · 13th floor · completed 2020

1301, 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 March 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 1301 · DLD and Ejari recordsUpdated 8 September 2026

Last soldAED 1.54M1 March 2020

Current rentAED 87K /yr8 September 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1301, MAG 318 Tower

Today

What is 1301 worth today?

Last sold for AED 1,535,640 in 2020

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8 Sep 2026

8 Sep 2026RentedNew contract

AED 87,000/yr12 months · AED 106 per sqft

28 Jan 2025

28 Jan 2025RentedNew contract

AED 120,000/yr12 months · AED 147 per sqft

10 Nov 2024

10 Nov 2024RentedNew contract

AED 122,000/yr12 months · AED 149 per sqft

8 Sep 2023

8 Sep 2023RentedNew contract

AED 105,000/yr12 months · AED 128 per sqft

18 Jul 2022

18 Jul 2022RentedNew contract

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

5 Jul 2022

5 Jul 2022RentedNew contract

AED 105,000/yr12 months · AED 128 per sqft

1 Jul 2021

1 Jul 2021RentedNew contract

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

1 Mar 2020

1 Mar 2020Sold by developerOff-plan

AED 1,535,640AED 1,874 per sqft

Source: Dubai Land Department. Updated 8 September 2026.

Key facts

Type: 1-bed apartment
Size: 819 sqft
Floor: 13th of 22
Parking: P2-104
Developer: MAG
Completed: 2020
Service charge: AED 18,900 /yr
Last sold: AED 1.54M · March 2020
Building: MAG 318 Tower

About 1301, MAG 318 Tower

1301 is a one-bedroom apartment of 819 sqft on the 13th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. The developer sold it on 1 March 2020 for AED 1,535,640, or AED 1,874 per sqft, 4% above the AED 1,805 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 8 September 2026, is AED 87,000 a year: a gross yield of 5.7% on the 2020 price, before the service charge of about AED 18,900 a year.

Sales and rents for 1301 over time

Sales

Unit 1301, each saleTypical one-bed in MAG 318 Tower

1301 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1301, 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 1301 sits

All 48 1-beds →

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

1301 last sold in March 2020 at AED 1,874 per sqft, 4% above what one-beds in MAG 318 Tower were fetching at the time (AED 1,805). 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. 1301's AED 87,000 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 13th floor

All 439 units in MAG 318 Tower


1302	2-bed	967 sqft	AED 2.25MAED 2,250,000 · Dec 2020December 2020	120,996 /yr
1303	Studio	438 sqft	AED 970KAED 970,000 · Feb 2024February 2024	80,000 /yr
1304	Studio	433 sqft	AED 810KAED 810,000 · Sep 2018September 2018	58,000 /yr
1305	Studio	432 sqft	AED 1.01MAED 1,010,000 · Aug 2021August 2021	56,000 /yr
1306	Studio	433 sqft	AED 650KAED 650,000 · Aug 2021August 2021
1307	Studio	432 sqft	AED 1MAED 1,000,000 · Jul 2026July 2026	80,000 /yr
1308	Studio	433 sqft	AED 1.09MAED 1,090,000 · Jul 2025July 2025	85,000 /yr
1309	Studio	433 sqft	AED 827KAED 827,000 · Feb 2021February 2021
1310	Studio	432 sqft	AED 797KAED 796,950 · Nov 2017November 2017
1311	Studio	436 sqft	AED 1.02MAED 1,020,000 · Aug 2025August 2025	79,786 /yr
1312	2-bed	966 sqft	AED 1.34MAED 1,337,000 · Nov 2022November 2022	155,000 /yr
1313	1-bed	982 sqft	AED 1.72MAED 1,719,755 · Jan 2021January 2021	90,000 /yr
1314	2-bed	1,045 sqft	AED 2.3MAED 2,300,000 · Dec 2020December 2020	130,000 /yr
1315	Studio	444 sqft	AED 1.01MAED 1,010,000 · Aug 2021August 2021	83,000 /yr
1316	Studio	440 sqft	AED 809KAED 808,500 · Feb 2020February 2020	73,000 /yr
1317	Studio	441 sqft	AED 808KAED 807,572 · Mar 2018March 2018	77,000 /yr
1318	Studio	441 sqft	AED 779KAED 778,800 · Jul 2021July 2021	55,000 /yr
1319	Studio	440 sqft	AED 980KAED 980,000 · Jul 2026July 2026	55,000 /yr
1320	Studio	441 sqft	AED 808KAED 808,477 · May 2018May 2018	60,000 /yr
1321	Studio	440 sqft	AED 800KAED 800,000 · Jul 2018July 2018
1322	Studio	441 sqft	AED 1.03MAED 1,030,000 · Aug 2024August 2024	50,000 /yr
1323	Studio	446 sqft	AED 800KAED 800,000 · May 2018May 2018
1324	2-bed	1,043 sqft	AED 2.3MAED 2,300,000 · Dec 2020December 2020	165,000 /yr

1–7 of 23

1301, MAG 318 Tower in numbers

Sold once: by MAG on 1 March 2020 for AED 1,535,640, or AED 1,874 per sqft.
Rented since July 2021 on 7 Ejari contracts, from AED 82,000 to AED 87,000 a year.
At AED 87,000 a year the gross yield on the 2020 price is 5.7%, 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 8 September 2026.

Questions about 1301, MAG 318 Tower

What did unit 1301 last sell for?

AED 1,535,640 on 1 March 2020, sold by the developer: AED 1,874 per sqft for 819 sqft. It is the only registered sale of the unit.

What is the rent for unit 1301?

AED 87,000 a year on the contract signed on 8 September 2026. The previous contract, from January 2025, was AED 120,000; the unit has been rented since July 2021.

How big is unit 1301?

819 sqft (76.1 sqm): a one-bedroom apartment on the 13th floor of a 22-storey tower completed in 2020.

What is unit 1301 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 1301, MAG 318 Tower

Starts from the last sale price (AED 1.54M, 1 March 2020). Switch to today's estimate once you have unlocked it.

Price: AED 1,535,640
Deposit, UAE resident (20%): AED 307,128
Deposit, non-resident (40%): AED 614,256
Monthly over 25 years at 3.7%: AED 6,283

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