2-bed · 966 sqftMAG 318 Tower, Business Bay · 13th floor · completed 2020

1312, 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 twice, last in November 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 1312

Unit 1312 · DLD and Ejari recordsUpdated 17 November 2025

Last soldAED 1.34M21 November 2022

Current rentAED 155K /yr17 November 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 1312

Property timeline for 1312, MAG 318 Tower

Today

What is 1312 worth today?

Last sold for AED 1,337,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

17 Nov 2025

17 Nov 2025RentedNew contract

AED 155,000/yr13 months · AED 160 per sqft

15 Nov 2024

15 Nov 2024RentedNew contract

AED 150,000/yr12 months · AED 155 per sqft

16 Sep 2023

16 Sep 2023RentedNew contract

AED 155,000/yr12 months · AED 160 per sqft

21 Nov 2022

21 Nov 2022SoldReady

AED 1,337,000AED 1,383 per sqft

1 Aug 2022

1 Aug 2022RentedNew contract

AED 120,000/yr12 months · AED 124 per sqft

28 Jul 2021

28 Jul 2021Sold by developerReady

AED 1,253,551AED 1,297 per sqft

Source: Dubai Land Department. Updated 17 November 2025.

Key facts

Type: 2-bed apartment
Size: 966 sqft
Floor: 13th of 22
Parking: P1-64 , P1-85
Developer: MAG
Completed: 2020
Service charge: AED 22,300 /yr
Last sold: AED 1.34M · November 2022
Building: MAG 318 Tower

About 1312, MAG 318 Tower

1312 is a two-bedroom apartment of 966 sqft on the 13th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 21 November 2022 for AED 1,337,000, or AED 1,383 per sqft, 3% above the AED 1,342 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 17 November 2025, is AED 155,000 a year: a gross yield of 11.6% on the 2022 price, before the service charge of about AED 22,300 a year.

Sales and rents for 1312 over time

Sales

Unit 1312, each saleTypical two-bed in MAG 318 Tower

1312 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1312, 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 1312 sits

All 75 2-beds →

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

1312 last sold in November 2022 at AED 1,383 per sqft, 3% above what two-beds in MAG 318 Tower were fetching at the time (AED 1,342). 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. 1312's AED 155,000 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 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
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
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

1312, MAG 318 Tower in numbers

Sold twice: first on 28 July 2021 for AED 1,253,551, last on 21 November 2022 for AED 1,337,000 (AED 1,383 per sqft).
Rented since August 2022 on 4 Ejari contracts, from AED 120,000 to AED 155,000 a year.
At AED 155,000 a year the gross yield on the 2022 price is 11.6%, 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 17 November 2025.

Questions about 1312, MAG 318 Tower

What did unit 1312 last sell for?

AED 1,337,000 on 21 November 2022: AED 1,383 per sqft for 966 sqft. The unit has 2 registered sales; the first was AED 1,253,551 in July 2021.

What is the rent for unit 1312?

AED 155,000 a year on the contract signed on 17 November 2025. The previous contract, from November 2024, was AED 150,000; the unit has been rented since August 2022.

How big is unit 1312?

966 sqft (89.7 sqm): a two-bedroom apartment on the 13th floor of a 22-storey tower completed in 2020.

What is unit 1312 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.

Selling 1312? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1312, MAG 318 Tower

Starts from the last sale price (AED 1.34M, 21 November 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,337,000
Deposit, UAE resident (20%): AED 267,400
Deposit, non-resident (40%): AED 534,800
Monthly over 25 years at 3.7%: AED 5,470

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