1414, MAG 318 Tower
Sold prices and rental history: sold once, by the developer in December 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1414, MAG 318 Tower
What is 1414 worth today?
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Source: Dubai Land Department. Updated 1 November 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,045 sqft
- Floor
- 14th of 22
- Parking
- P1-69 , P1-80
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 24,100 /yr
- Last sold
- AED 2.25M · December 2020
- Building
- MAG 318 Tower
About 1414, MAG 318 Tower
1414 is a two-bedroom apartment of 1,045 sqft on the 14th 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 2,152 per sqft, in line with the AED 2,200 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 1 November 2026, is AED 130,000 a year: a gross yield of 5.8% on the 2020 price, before the service charge of about AED 24,100 a year.
Sales and rents for 1414 over time
1414 has sold once; the dashed line is the two-bed median of each year in the building.
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 1414 sits
All 75 2-beds →1414 last sold in December 2020 at AED 2,152 per sqft, in line with 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. 1414's AED 130,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
MAG 318 Tower
Building439 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%
Other units on the 14th floor
All 439 units in MAG 318 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 819 sqft | AED 1.37MAED 1,373,058 · Aug 2018August 2018 | 129,614 /yr | |
| 1402 | 2-bed | 967 sqft | AED 1.66MAED 1,655,541 · May 2018May 2018 | 145,000 /yr | |
| 1403 | Studio | 438 sqft | AED 950KAED 950,000 · Oct 2023October 2023 | 80,000 /yr | |
| 1404 | Studio | 433 sqft | AED 793KAED 792,893 · May 2019May 2019 | ||
| 1405 | Studio | 432 sqft | AED 835KAED 835,000 · Aug 2022August 2022 | 55,000 /yr | |
| 1406 | Studio | 433 sqft | AED 1.1MAED 1,100,000 · Mar 2026March 2026 | 55,000 /yr | |
| 1407 | Studio | 432 sqft | AED 740KAED 740,000 · Nov 2021November 2021 | 65,000 /yr | |
| 1408 | Studio | 433 sqft | AED 800KAED 800,000 · Jun 2022June 2022 | 77,000 /yr | |
| 1409 | Studio | 433 sqft | AED 630KAED 630,000 · Mar 2021March 2021 | ||
| 1410 | Studio | 432 sqft | AED 783KAED 783,000 · Jul 2019July 2019 | 70,000 /yr | |
| 1411 | Studio | 436 sqft | AED 1.08MAED 1,075,000 · Jun 2025June 2025 | 60,000 /yr | |
| 1412 | 2-bed | 966 sqft | AED 2.26MAED 2,255,000 · Jul 2025July 2025 | 155,000 /yr | |
| 1413 | 1-bed | 982 sqft | AED 2.05MAED 2,050,000 · Dec 2020December 2020 | 130,000 /yr | |
| 1415 | Studio | 444 sqft | AED 792KAED 792,307 · Aug 2018August 2018 | 80,000 /yr | |
| 1416 | Studio | 440 sqft | AED 1.01MAED 1,010,000 · Jun 2021June 2021 | 78,000 /yr | |
| 1417 | Studio | 441 sqft | AED 783KAED 783,000 · Jul 2018July 2018 | 65,000 /yr | |
| 1418 | Studio | 441 sqft | AED 757KAED 757,279 · Aug 2021August 2021 | 75,000 /yr | |
| 1419 | Studio | 440 sqft | AED 783KAED 783,361 · Sep 2018September 2018 | 80,000 /yr | |
| 1420 | Studio | 441 sqft | AED 454KAED 453,500 · Feb 2021February 2021 | 61,000 /yr | |
| 1421 | Studio | 440 sqft | AED 900KAED 900,000 · May 2023May 2023 | 82,000 /yr | |
| 1422 | Studio | 441 sqft | AED 781KAED 781,148 · Apr 2019April 2019 | 63,273 /yr | |
| 1423 | Studio | 446 sqft | AED 781KAED 781,148 · Apr 2019April 2019 | 55,000 /yr | |
| 1424 | 2-bed | 1,043 sqft | AED 1.75MAED 1,746,500 · May 2019May 2019 | 220,000 /yr |
1414, MAG 318 Tower in numbers
- Sold once: by MAG on 15 December 2020 for AED 2,250,000, or AED 2,152 per sqft.
- Rented since May 2022 on 6 Ejari contracts, from AED 150,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2020 price is 5.8%, before a service charge of about AED 24,100 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 1 November 2026.
Questions about 1414, MAG 318 Tower
What did unit 1414 last sell for?
AED 2,250,000 on 15 December 2020, sold by the developer: AED 2,152 per sqft for 1,045 sqft. It is the only registered sale of the unit.
What is the rent for unit 1414?
AED 130,000 a year on the contract signed on 1 November 2026. The previous contract, from August 2026, was AED 150,000; the unit has been rented since May 2022.
How big is unit 1414?
1,045 sqft (97.1 sqm): a two-bedroom apartment on the 14th floor of a 22-storey tower completed in 2020.
What is unit 1414 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 1414, 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 →