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1-bed · 982 sqftMAG 318 Tower, Business Bay · 13th floor · completed 2020

1313, MAG 318 Tower

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

Unit 1313 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 1.72M4 January 2021
Current rentAED 90K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1313, MAG 318 Tower

What is 1313 worth today?

Last sold for AED 1,719,755 in 2021

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15 Sep 2026RentedNew contract
AED 90,000/yr12 months · AED 92 per sqft
15 Jun 2024RentedRenewal
AED 100,000/yr12 months · AED 102 per sqft
15 Jun 2023RentedRenewal
AED 100,000/yr12 months · AED 102 per sqft
15 Jun 2022RentedNew contract
AED 100,000/yr12 months · AED 102 per sqft
4 Jun 2021RentedNew contract
AED 81,500/yr12 months · AED 83 per sqft
4 Jan 2021Sold by developerReady
AED 1,719,755AED 1,750 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
1-bed apartment
Size
982 sqft
Floor
13th of 22
Parking
P1-05
Developer
MAG
Completed
2020
Service charge
AED 22,700 /yr
Last sold
AED 1.72M · January 2021
Building
MAG 318 Tower

About 1313, MAG 318 Tower

1313 is a one-bedroom apartment of 982 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 4 January 2021 for AED 1,719,755, or AED 1,750 per sqft, 16% below the AED 2,086 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 15 September 2026, is AED 90,000 a year: a gross yield of 5.2% on the 2021 price, before the service charge of about AED 22,700 a year.

Sales and rents for 1313 over time

Sales
Unit 1313, 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 1,719,755 (AED 1,750 per sqft)

1313 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1313, each contractTypical one-bed in MAG 318 Tower
80K100K120K2021202320252027Typical 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, June 2021: AED 81,500 a yearNew contract, June 2022: AED 100,000 a yearRenewal, June 2023: AED 100,000 a yearRenewal, June 2024: AED 100,000 a yearNew contract, September 2026: AED 90,000 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 1313 sits

All 48 1-beds →

1313 last sold in January 2021 at AED 1,750 per sqft, 16% below what one-beds in MAG 318 Tower were fetching at the time (AED 2,086). 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. 1313's AED 90,000 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
22 Jan 20261,710,000
18 Sep 20251,570,000
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 13th floor

All 439 units in MAG 318 Tower
Value
13011-bedAED 1.54M · Mar 2020
13022-bedAED 2.25M · Dec 2020
1303StudioAED 970K · Feb 2024
1304StudioAED 810K · Sep 2018
1305StudioAED 1.01M · Aug 2021
1306StudioAED 650K · Aug 2021
1307StudioAED 1M · Jul 2026
1–7 of 23

1313, MAG 318 Tower in numbers

  • Sold once: by MAG on 4 January 2021 for AED 1,719,755, or AED 1,750 per sqft.
  • Rented since June 2021 on 5 Ejari contracts, from AED 81,500 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2021 price is 5.2%, 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 15 September 2026.

Questions about 1313, MAG 318 Tower

What did unit 1313 last sell for?

AED 1,719,755 on 4 January 2021, sold by the developer: AED 1,750 per sqft for 982 sqft. It is the only registered sale of the unit.

What is the rent for unit 1313?

AED 90,000 a year on the contract signed on 15 September 2026. The previous contract, from June 2024, was AED 100,000; the unit has been rented since June 2021.

How big is unit 1313?

982 sqft (91.2 sqm): a one-bedroom apartment on the 13th floor of a 22-storey tower completed in 2020.

What is unit 1313 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 1313, MAG 318 Tower

Starts from the last sale price (AED 1.72M, 4 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,719,755
Deposit, UAE resident (20%)
AED 343,951
Deposit, non-resident (40%)
AED 687,902
Monthly over 25 years at 3.7%
AED 7,036

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