1703, MAG 318 Tower
Sold prices and rental history: sold once, by the developer in January 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1703, MAG 318 Tower
What is 1703 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 13 January 2019.
Key facts
- Type
- Studio apartment
- Size
- 438 sqft
- Floor
- 17th of 22
- Parking
- P1-101
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,100 /yr
- Last sold
- AED 779K · January 2019
- Building
- MAG 318 Tower
About 1703, MAG 318 Tower
1703 is a studio of 438 sqft on the 17th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. The developer sold it on 13 January 2019 for AED 779,000, or AED 1,778 per sqft, in line with the AED 1,796 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1703 over time
1703 has sold once; the dashed line is the studio median of each year in the building.
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 1703 sits
All 316 studios →1703 last sold in January 2019 at AED 1,778 per sqft, in line with what studios in MAG 318 Tower were fetching at the time (AED 1,796). 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.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 432 sqft | 850,000 | 1,968 | ||
| 27 Aug 202627 August 2026 | 433 sqft | 920,000 | 2,125 | ||
| 7 Aug 20267 August 2026 | 440 sqft | 850,000 | 1,932 | ||
| 21 Jul 202621 July 2026 | 441 sqft | 850,000 | 1,926 |
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 17th floor
All 439 units in MAG 318 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 1-bed | 819 sqft | AED 1.57MAED 1,570,000 · Sep 2025September 2025 | 90,000 /yr | |
| 1702 | 2-bed | 967 sqft | AED 1.77MAED 1,765,450 · Nov 2019November 2019 | 166,000 /yr | |
| 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 |
1703, MAG 318 Tower in numbers
- Sold once: by MAG on 13 January 2019 for AED 779,000, or AED 1,778 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 13 January 2019.
Questions about 1703, MAG 318 Tower
What did unit 1703 last sell for?
AED 779,000 on 13 January 2019, sold by the developer: AED 1,778 per sqft for 438 sqft. It is the only registered sale of the unit.
How big is unit 1703?
438 sqft (40.7 sqm): a studio on the 17th floor of a 22-storey tower completed in 2020.
What is unit 1703 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.
Selling 1703? 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.
Mortgage on 1703, MAG 318 Tower
Starts from the last sale price (AED 779K, 13 January 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 779,000
- Deposit, UAE resident (20%)
- AED 155,800
- Deposit, non-resident (40%)
- AED 311,600
- Monthly over 25 years at 3.7%
- AED 3,187
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →