2-bed · 967 sqftMAG 318 Tower, Business Bay · 13th floor · completed 2020

1302, 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 December 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 1302 · DLD and Ejari recordsUpdated 13 April 2026

Last soldAED 2.25M15 December 2020

Current rentAED 121K /yr13 April 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1302, MAG 318 Tower

Today

What is 1302 worth today?

Last sold for AED 2,250,000 in 2020

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13 Apr 2026

13 Apr 2026RentedRenewal

AED 120,996/yr1 months · AED 125 per sqft

13 Apr 2025

13 Apr 2025RentedRenewal

AED 110,000/yr12 months · AED 114 per sqft

13 Apr 2025

13 Apr 2025RentedRenewal

AED 110,000/yr12 months · AED 114 per sqft

13 Apr 2024

13 Apr 2024RentedRenewal

AED 100,000/yr12 months · AED 103 per sqft

13 Apr 2023

13 Apr 2023RentedRenewal

AED 97,020/yr12 months · AED 100 per sqft

13 Apr 2022

13 Apr 2022RentedRenewal

AED 92,400/yr12 months · AED 96 per sqft

13 Apr 2021

13 Apr 2021RentedNew contract

AED 88,000/yr12 months · AED 91 per sqft

15 Dec 2020

15 Dec 2020Sold by developerOff-plan

AED 2,250,000AED 2,327 per sqft

Source: Dubai Land Department. Updated 13 April 2026.

Key facts

Type: 2-bed apartment
Size: 967 sqft
Floor: 13th of 22
Parking: P2-105
Developer: MAG
Completed: 2020
Service charge: AED 22,300 /yr
Last sold: AED 2.25M · December 2020
Building: MAG 318 Tower

About 1302, MAG 318 Tower

1302 is a two-bedroom apartment of 967 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 15 December 2020 for AED 2,250,000, or AED 2,327 per sqft, 6% above the AED 2,200 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 13 April 2026, is AED 120,996 a year: a gross yield of 5.4% on the 2020 price, before the service charge of about AED 22,300 a year.

Sales and rents for 1302 over time

Sales

Unit 1302, each saleTypical two-bed in MAG 318 Tower

1302 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1302, 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 1302 sits

All 75 2-beds →

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

1302 last sold in December 2020 at AED 2,327 per sqft, 6% above what two-beds in MAG 318 Tower were fetching at the time (AED 2,200). 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. 1302's AED 120,996 is in the lower 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 13th floor

All 439 units in MAG 318 Tower


1301	1-bed	819 sqft	AED 1.54MAED 1,535,640 · Mar 2020March 2020	87,000 /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

1302, MAG 318 Tower in numbers

Sold once: by MAG on 15 December 2020 for AED 2,250,000, or AED 2,327 per sqft.
Rented since April 2021 on 7 Ejari contracts, from AED 88,000 to AED 120,996 a year.
At AED 120,996 a year the gross yield on the 2020 price is 5.4%, 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 13 April 2026.

Questions about 1302, MAG 318 Tower

What did unit 1302 last sell for?

AED 2,250,000 on 15 December 2020, sold by the developer: AED 2,327 per sqft for 967 sqft. It is the only registered sale of the unit.

What is the rent for unit 1302?

AED 120,996 a year on the contract renewed on 13 April 2026. The previous contract, from April 2025, was AED 110,000; the unit has been rented since April 2021.

How big is unit 1302?

967 sqft (89.8 sqm): a two-bedroom apartment on the 13th floor of a 22-storey tower completed in 2020.

What is unit 1302 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 1302, MAG 318 Tower

Starts from the last sale price (AED 2.25M, 15 December 2020). Switch to today's estimate once you have unlocked it.

Price: AED 2,250,000
Deposit, UAE resident (20%): AED 450,000
Deposit, non-resident (40%): AED 900,000
Monthly over 25 years at 3.7%: AED 9,205

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