1-bed · 819 sqftMAG 318 Tower, Business Bay · 17th floor · completed 2020

1701, 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 3 times, last in September 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 1701

Unit 1701 · DLD and Ejari recordsUpdated 1 August 2026

Last soldAED 1.57M18 September 2025

Current rentAED 90K /yr1 August 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 1701

Property timeline for 1701, MAG 318 Tower

Today

What is 1701 worth today?

Last sold for AED 1,570,000 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 Aug 2026

1 Aug 2026RentedNew contract

AED 90,000/yr12 months · AED 110 per sqft

24 Apr 2026

24 Apr 2026RentedNew contract

AED 94,475/yr12 months · AED 115 per sqft

12 Oct 2025

12 Oct 2025RentedNew contract

AED 118,000/yr12 months · AED 144 per sqft

18 Sep 2025

18 Sep 2025SoldReady

AED 1,570,000AED 1,916 per sqft

30 Oct 2024

30 Oct 2024SoldReady

AED 1,655,000AED 2,020 per sqft

10 May 2024

10 May 2024RentedRenewal

AED 128,000/yr12 months · AED 156 per sqft

10 May 2023

10 May 2023RentedNew contract

AED 120,000/yr12 months · AED 147 per sqft

1 Jan 2023

1 Jan 2023RentedNew contract

AED 120,000/yr12 months · AED 147 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type: 1-bed apartment
Size: 819 sqft
Floor: 17th of 22
Parking: P1-99
Developer: MAG
Completed: 2020
Service charge: AED 18,900 /yr
Last sold: AED 1.57M · September 2025
Building: MAG 318 Tower

About 1701, MAG 318 Tower

1701 is a one-bedroom apartment of 819 sqft on the 17th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 18 September 2025 for AED 1,570,000, or AED 1,916 per sqft, 5% below the AED 2,020 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 1 August 2026, is AED 90,000 a year: a gross yield of 5.7% on the 2025 price, before the service charge of about AED 18,900 a year.

Sales and rents for 1701 over time

Sales

Unit 1701, each saleTypical one-bed in MAG 318 Tower

1701 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1701, each contractTypical one-bed in MAG 318 Tower

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 1701 sits

All 48 1-beds →

1-beds in MAG 318 Tower · last 12 months1,763 /sqft MAG 318 Tower · all types2,286 /sqft

1701 last sold in September 2025 at AED 1,916 per sqft, 5% below what one-beds in MAG 318 Tower were fetching at the time (AED 2,020). 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. 1701's AED 90,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
27 Jul 202627 July 2026	982 sqft	1,732,516	1,763
1 Jul 20261 July 2026	819 sqft	1,750,000	2,136
22 Jan 202622 January 2026	982 sqft	1,710,000	1,740
14 Apr 202514 April 2025	819 sqft	1,800,000	2,197

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 17th floor

All 439 units in MAG 318 Tower


1702	2-bed	967 sqft	AED 1.77MAED 1,765,450 · Nov 2019November 2019	166,000 /yr
1703	Studio	438 sqft	AED 779KAED 779,000 · Jan 2019January 2019
1704	Studio	433 sqft	AED 990KAED 990,000 · Nov 2023November 2023	60,000 /yr
1705	Studio	432 sqft	AED 779KAED 779,000 · Sep 2018September 2018	68,000 /yr
1706	Studio	433 sqft	AED 779KAED 779,000 · May 2019May 2019	60,000 /yr
1707	Studio	432 sqft	AED 945KAED 945,000 · Mar 2023March 2023	68,000 /yr
1708	Studio	433 sqft	AED 850KAED 850,000 · Oct 2022October 2022	65,000 /yr
1709	Studio	433 sqft	AED 1.1MAED 1,100,000 · Apr 2025April 2025	58,000 /yr
1710	Studio	432 sqft	AED 1.08MAED 1,075,000 · Dec 2020December 2020	80,000 /yr
1711	Studio	436 sqft	AED 1.08MAED 1,075,000 · Dec 2020December 2020	60,000 /yr
1712	2-bed	966 sqft	AED 2.25MAED 2,250,000 · Dec 2020December 2020	155,000 /yr
1713	1-bed	982 sqft	AED 2.05MAED 2,050,000 · Dec 2020December 2020	135,000 /yr
1714	2-bed	1,045 sqft	AED 2.25MAED 2,250,000 · Dec 2020December 2020	128,617 /yr
1715	Studio	444 sqft	AED 786KAED 785,568 · Sep 2018September 2018	80,000 /yr
1716	Studio	440 sqft	AED 786KAED 786,431 · May 2018May 2018	72,000 /yr
1717	Studio	441 sqft	AED 790KAED 790,000 · Jul 2019July 2019	66,000 /yr
1718	Studio	441 sqft	AED 790KAED 790,000 · Jul 2019July 2019	78,000 /yr
1719	Studio	440 sqft	AED 800KAED 800,000 · Jul 2019July 2019	77,000 /yr
1720	Studio	441 sqft	AED 785KAED 785,000 · Mar 2018March 2018	75,000 /yr
1721	Studio	440 sqft	AED 785KAED 785,000 · Jun 2020June 2020
1722	Studio	441 sqft	AED 675KAED 675,000 · Jul 2021July 2021
1723	Studio	446 sqft	AED 783KAED 783,380 · Nov 2019November 2019	63,000 /yr
1724	2-bed	1,043 sqft	AED 1.78MAED 1,782,000 · Nov 2019November 2019

1–7 of 23

1701, MAG 318 Tower in numbers

Sold 3 times: first on 24 November 2019 for AED 1,462,000, last on 18 September 2025 for AED 1,570,000 (AED 1,916 per sqft).
Rented since November 2021 on 7 Ejari contracts, at AED 90,000 a year.
At AED 90,000 a year the gross yield on the 2025 price is 5.7%, before a service charge of about AED 18,900 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 1 August 2026.

Questions about 1701, MAG 318 Tower

What did unit 1701 last sell for?

AED 1,570,000 on 18 September 2025: AED 1,916 per sqft for 819 sqft. The unit has 3 registered sales; the first was AED 1,462,000 in November 2019.

What is the rent for unit 1701?

AED 90,000 a year on the contract signed on 1 August 2026. The previous contract, from April 2026, was AED 94,475; the unit has been rented since November 2021.

How big is unit 1701?

819 sqft (76.1 sqm): a one-bedroom apartment on the 17th floor of a 22-storey tower completed in 2020.

What is unit 1701 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.

Selling 1701? 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 1701, MAG 318 Tower

Starts from the last sale price (AED 1.57M, 18 September 2025). Switch to today's estimate once you have unlocked it.

Price: AED 1,570,000
Deposit, UAE resident (20%): AED 314,000
Deposit, non-resident (40%): AED 628,000
Monthly over 25 years at 3.7%: AED 6,423

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