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Studio · 436 sqftMAG 318 Tower, Business Bay · 14th floor · completed 2020

1411, MAG 318 Tower

Sold prices and rental history: sold twice, last in June 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1411 · DLD and Ejari recordsUpdated 17 August 2026
Last soldAED 1.08M4 June 2025
Current rentAED 60K /yr17 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1411, MAG 318 Tower

What is 1411 worth today?

Last sold for AED 1,075,000 in 2025

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17 Aug 2026RentedNew contract
AED 60,000/yr12 months · AED 136 per sqft
14 Aug 2025RentedNew contract
AED 80,000/yr12 months · AED 181 per sqft
4 Jun 2025SoldReady
AED 1,075,000AED 2,465 per sqft
15 Dec 2020Sold by developerOff-plan
AED 1,075,000AED 2,465 per sqft

Source: Dubai Land Department. Updated 17 August 2026.

Key facts

Type
Studio apartment
Size
436 sqft
Floor
14th of 22
Parking
P1-24
Developer
MAG
Completed
2020
Service charge
AED 10,100 /yr
Last sold
AED 1.08M · June 2025
Building
MAG 318 Tower

About 1411, MAG 318 Tower

1411 is a studio of 436 sqft on the 14th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 4 June 2025 for AED 1,075,000, or AED 2,465 per sqft, in line with the AED 2,426 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 17 August 2026, is AED 60,000 a year: a gross yield of 5.6% on the 2025 price, before the service charge of about AED 10,100 a year.

Sales and rents for 1411 over time

Sales
Unit 1411, each saleTypical studio in MAG 318 Tower
800K1M2017202020232026Typical sale price by year: 2017 AED 776,165; 2018 AED 787,488; 2019 AED 791,651; 2020 AED 870,514; 2021 AED 750,000; 2022 AED 850,000; 2023 AED 945,000; 2024 AED 1,030,000; 2025 AED 1,077,500; 2026 AED 995,000Sold by developer, December 2020: AED 1,075,000 (AED 2,465 per sqft)Sold, June 2025: AED 1,075,000 (AED 2,465 per sqft)

1411 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1411, each contractTypical studio in MAG 318 Tower
60K80K2021202320252027Typical rent by year: 2021 AED 52,000; 2022 AED 64,465; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 60,000New contract, August 2025: AED 80,000 a yearNew contract, August 2026: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in MAG 318 Tower, and where 1411 sits

All 316 studios →

1411 last sold in June 2025 at AED 2,465 per sqft, in line with what studios in MAG 318 Tower were fetching at the time (AED 2,426). Over the last 12 months studios sold for AED 850,000 to 1,160,000, around AED 2,387 per sqft, and rent for AED 50,000 to 120,000 a year. 1411's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Oct 2026850,000
27 Aug 2026920,000
7 Aug 2026850,000
21 Jul 2026850,000
21 studio 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 14th floor

All 439 units in MAG 318 Tower
Value
14011-bedAED 1.37M · Aug 2018
14022-bedAED 1.66M · May 2018
1403StudioAED 950K · Oct 2023
1404StudioAED 793K · May 2019
1405StudioAED 835K · Aug 2022
1406StudioAED 1.1M · Mar 2026
1407StudioAED 740K · Nov 2021
1–7 of 23

1411, MAG 318 Tower in numbers

  • Sold twice: first on 15 December 2020 for AED 1,075,000, last on 4 June 2025 for AED 1,075,000 (AED 2,465 per sqft).
  • Rented since August 2025 on 2 Ejari contracts, from AED 80,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2025 price is 5.6%, before a service charge of about AED 10,100 a year (AED 23.06 per sqft).
  • Studios in MAG 318 Tower sold for AED 850,000–1,160,000 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 August 2026.

Questions about 1411, MAG 318 Tower

What did unit 1411 last sell for?

AED 1,075,000 on 4 June 2025: AED 2,465 per sqft for 436 sqft. The unit has 2 registered sales; the first was AED 1,075,000 in December 2020.

What is the rent for unit 1411?

AED 60,000 a year on the contract signed on 17 August 2026. The previous contract, from August 2025, was AED 80,000.

How big is unit 1411?

436 sqft (40.5 sqm): a studio on the 14th floor of a 22-storey tower completed in 2020.

What is unit 1411 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 318 Tower sold for AED 850,000 to 1,160,000 in the last 12 months, around AED 2,387 per sqft.

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Mortgage on 1411, MAG 318 Tower

Starts from the last sale price (AED 1.08M, 4 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,075,000
Deposit, UAE resident (20%)
AED 215,000
Deposit, non-resident (40%)
AED 430,000
Monthly over 25 years at 3.7%
AED 4,398

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