2-bed · 1,043 sqftMAG 318 Tower, Business Bay · 15th floor · completed 2020

1524, 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 August 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 1524

Unit 1524 · DLD and Ejari recordsUpdated 1 September 2026

Last soldAED 2.25M29 August 2025

Current rentAED 150K /yr1 September 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 1524

Property timeline for 1524, MAG 318 Tower

Today

What is 1524 worth today?

Last sold for AED 2,250,000 in 2025

Unlock today's estimate, updated daily, with

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

1 Sep 2026

1 Sep 2026RentedRenewal

AED 150,000/yr12 months · AED 144 per sqft

1 Sep 2025

1 Sep 2025RentedNew contract

AED 150,000/yr12 months · AED 144 per sqft

29 Aug 2025

29 Aug 2025SoldReady

AED 2,250,000AED 2,156 per sqft

22 Apr 2023

22 Apr 2023RentedRenewal

AED 99,225/yr12 months · AED 95 per sqft

22 Apr 2022

22 Apr 2022RentedRenewal

AED 94,500/yr12 months · AED 91 per sqft

22 Apr 2021

22 Apr 2021RentedNew contract

AED 90,000/yr12 months · AED 86 per sqft

22 Dec 2020

22 Dec 2020Sold by developerOff-plan

AED 2,300,000AED 2,204 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type: 2-bed apartment
Size: 1,043 sqft
Floor: 15th of 22
Parking: P1-56
Developer: MAG
Completed: 2020
Service charge: AED 24,100 /yr
Last sold: AED 2.25M · August 2025
Building: MAG 318 Tower

About 1524, MAG 318 Tower

1524 is a two-bedroom apartment of 1,043 sqft on the 15th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 29 August 2025 for AED 2,250,000, or AED 2,156 per sqft, in line with the AED 2,156 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 150,000 a year: a gross yield of 6.7% on the 2025 price, before the service charge of about AED 24,100 a year.

Sales and rents for 1524 over time

Sales

Unit 1524, each saleTypical two-bed in MAG 318 Tower

1524 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1524, 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 1524 sits

All 75 2-beds →

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

1524 last sold in August 2025 at AED 2,156 per sqft, in line with what two-beds in MAG 318 Tower were fetching at the time (AED 2,156). 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. 1524's AED 150,000 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
28 Aug 202528 August 2025	967 sqft	2,150,000	2,223

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 15th floor

All 439 units in MAG 318 Tower


1501	1-bed	819 sqft	AED 1.5MAED 1,495,134 · Nov 2019November 2019	95,000 /yr
1502	2-bed	967 sqft	AED 1.88MAED 1,880,000 · Aug 2024August 2024	120,000 /yr
1503	Studio	438 sqft	AED 760KAED 760,000 · May 2019May 2019
1504	Studio	433 sqft	AED 1.08MAED 1,075,000 · Nov 2025November 2025	70,803 /yr
1505	Studio	432 sqft	AED 1MAED 1,000,000 · Apr 2024April 2024	75,000 /yr
1506	Studio	433 sqft	AED 890KAED 890,000 · Mar 2023March 2023	78,750 /yr
1507	Studio	432 sqft	AED 823KAED 823,239 · Feb 2019February 2019	55,000 /yr
1508	Studio	433 sqft	AED 750KAED 750,000 · Oct 2021October 2021	78,000 /yr
1509	Studio	433 sqft	AED 970KAED 970,000 · Mar 2024March 2024	55,000 /yr
1510	Studio	432 sqft	AED 1.05MAED 1,050,000 · Apr 2024April 2024	55,000 /yr
1511	Studio	436 sqft	AED 920KAED 920,000 · Aug 2023August 2023	80,000 /yr
1512	2-bed	966 sqft	AED 2.25MAED 2,250,000 · Dec 2020December 2020	160,000 /yr
1513	1-bed	982 sqft	AED 2.05MAED 2,050,000 · Dec 2020December 2020	135,000 /yr
1514	2-bed	1,045 sqft	AED 2.25MAED 2,250,000 · Dec 2020December 2020	130,000 /yr
1515	Studio	444 sqft	AED 821KAED 820,710 · Jan 2022January 2022	65,000 /yr
1516	Studio	440 sqft	AED 700KAED 700,000 · Apr 2021April 2021	80,000 /yr
1517	Studio	441 sqft	AED 895KAED 894,600 · Mar 2026March 2026	55,000 /yr
1518	Studio	441 sqft	AED 792KAED 792,308 · Nov 2019November 2019	57,000 /yr
1519	Studio	440 sqft	AED 845KAED 844,779 · Nov 2018November 2018	80,000 /yr
1520	Studio	441 sqft	AED 883KAED 882,509 · Nov 2019November 2019	76,500 /yr
1521	Studio	440 sqft	AED 1.13MAED 1,125,000 · May 2025May 2025
1522	Studio	441 sqft	AED 1.04MAED 1,040,000 · Apr 2025April 2025
1523	Studio	446 sqft	AED 1.04MAED 1,040,000 · Feb 2025February 2025

1–7 of 23

1524, MAG 318 Tower in numbers

Sold twice: first on 22 December 2020 for AED 2,300,000, last on 29 August 2025 for AED 2,250,000 (AED 2,156 per sqft).
Rented since April 2021 on 5 Ejari contracts, from AED 90,000 to AED 150,000 a year.
At AED 150,000 a year the gross yield on the 2025 price is 6.7%, 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 September 2026.

Questions about 1524, MAG 318 Tower

What did unit 1524 last sell for?

AED 2,250,000 on 29 August 2025: AED 2,156 per sqft for 1,043 sqft. The unit has 2 registered sales; the first was AED 2,300,000 in December 2020.

What is the rent for unit 1524?

AED 150,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 150,000; the unit has been rented since April 2021.

How big is unit 1524?

1,043 sqft (96.9 sqm): a two-bedroom apartment on the 15th floor of a 22-storey tower completed in 2020.

What is unit 1524 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 1524? 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 1524, MAG 318 Tower

Starts from the last sale price (AED 2.25M, 29 August 2025). 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 →