Home
Dubai prices
About
Research
2-bed · 967 sqftMAG 318 Tower, Business Bay · 18th floor · completed 2020

1802, MAG 318 Tower

Sold prices and rental history: sold twice, last in August 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 28 August 2025
Last soldAED 2.15M28 August 2025
Current rentAED 130K /yr22 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1802

Property timeline for 1802, MAG 318 Tower

What is 1802 worth today?

Last sold for AED 2,150,000 in 2025

Unlock today's estimate, updated daily, with

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

28 Aug 2025SoldReady
AED 2,150,000AED 2,223 per sqft
22 Jun 2023RentedRenewal
AED 130,000/yr12 months · AED 134 per sqft
22 Jun 2022RentedNew contract
AED 125,000/yr12 months · AED 129 per sqft
25 Feb 2019Sold by developerOff-plan
AED 1,852,677AED 1,916 per sqft

Source: Dubai Land Department. Updated 28 August 2025.

Key facts

Type
2-bed apartment
Size
967 sqft
Floor
18th of 22
Parking
B2-109 , B2-124
Developer
MAG
Completed
2020
Service charge
AED 22,300 /yr
Last sold
AED 2.15M · August 2025
Building
MAG 318 Tower

About 1802, MAG 318 Tower

1802 is a two-bedroom apartment of 967 sqft on the 18th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 28 August 2025 for AED 2,150,000, or AED 2,223 per sqft, 3% above the AED 2,149 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 22 June 2023, is AED 130,000 a year: a gross yield of 6.0% on the 2025 price, before the service charge of about AED 22,300 a year.

Sales and rents for 1802 over time

Sales
Unit 1802, each saleTypical two-bed in MAG 318 Tower
1.5M2M2018202120242027Typical sale price by year: 2018 AED 1,781,294; 2019 AED 1,782,000; 2020 AED 2,250,000; 2021 AED 1,855,087; 2022 AED 1,357,005; 2024 AED 2,120,000; 2025 AED 2,100,000; 2026 AED 2,000,000Sold by developer, February 2019: AED 1,852,677 (AED 1,916 per sqft)Sold, August 2025: AED 2,150,000 (AED 2,223 per sqft)

1802 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1802, each contractTypical two-bed in MAG 318 Tower
100K125K150K2021202320252027Typical rent by year: 2021 AED 100,000; 2022 AED 120,000; 2023 AED 125,000; 2024 AED 143,000; 2025 AED 145,000; 2026 AED 136,764New contract, June 2022: AED 125,000 a yearRenewal, June 2023: AED 130,000 a year

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 1802 sits

All 75 2-beds →

1802 last sold in August 2025 at AED 2,223 per sqft, 3% above what two-beds in MAG 318 Tower were fetching at the time (AED 2,149). 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. 1802's AED 130,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Sep 20262,000,000
14 Sep 20262,800,000
12 Feb 20262,000,000
29 Aug 20252,250,000
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 18th floor

All 439 units in MAG 318 Tower
Value
18011-bedAED 1.75M · Jul 2026
1803StudioAED 824K · Sep 2020
1804StudioAED 760K · Jun 2019
1805StudioAED 861K · Jun 2022
1806StudioAED 1.08M · Dec 2020
1807StudioAED 1.08M · Dec 2020
1808StudioAED 846K · Mar 2021
1–7 of 23

1802, MAG 318 Tower in numbers

  • Sold twice: first on 25 February 2019 for AED 1,852,677, last on 28 August 2025 for AED 2,150,000 (AED 2,223 per sqft).
  • Rented since June 2022 on 2 Ejari contracts, from AED 125,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2025 price is 6.0%, before a service charge of about AED 22,300 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 28 August 2025.

Questions about 1802, MAG 318 Tower

What did unit 1802 last sell for?

AED 2,150,000 on 28 August 2025: AED 2,223 per sqft for 967 sqft. The unit has 2 registered sales; the first was AED 1,852,677 in February 2019.

What is the rent for unit 1802?

AED 130,000 a year on the contract renewed on 22 June 2023. The previous contract, from June 2022, was AED 125,000.

How big is unit 1802?

967 sqft (89.8 sqm): a two-bedroom apartment on the 18th floor of a 22-storey tower completed in 2020.

What is unit 1802 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 1802? 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 1802, MAG 318 Tower

Starts from the last sale price (AED 2.15M, 28 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

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