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Studio · 441 sqftMAG 318 Tower, Business Bay · 18th floor · completed 2020

1822, MAG 318 Tower

Sold prices and rental history: sold 4 times, last in July 2026, and rented once, from June 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1822 · DLD and Ejari recordsUpdated 21 July 2026
Last soldAED 850K21 July 2026
Current rentAED 52K /yr17 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1822, MAG 318 Tower

What is 1822 worth today?

Last sold for AED 850,000 in 2026

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21 Jul 2026SoldReady
AED 850,000AED 1,926 per sqft
25 Feb 2025SoldReady
AED 1,020,000AED 2,312 per sqft
11 Jan 2024SoldReady
AED 950,000AED 2,153 per sqft
17 Jun 2021RentedNew contract
AED 52,000/yr12 months · AED 118 per sqft
16 Nov 2020Sold by developerOff-plan
AED 904,350AED 2,050 per sqft

Source: Dubai Land Department. Updated 21 July 2026.

Key facts

Type
Studio apartment
Size
441 sqft
Floor
18th of 22
Parking
B2-32
Developer
MAG
Completed
2020
Service charge
AED 10,200 /yr
Last sold
AED 850K · July 2026
Building
MAG 318 Tower

About 1822, MAG 318 Tower

1822 is a studio of 441 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 21 July 2026 for AED 850,000, or AED 1,926 per sqft, 21% below the AED 2,437 studios in the building were fetching at the time.

One Ejari contract is registered, from 17 June 2021. The current contract, signed on 17 June 2021, is AED 52,000 a year: a gross yield of 6.1% on the 2026 price, before the service charge of about AED 10,200 a year.

Sales and rents for 1822 over time

Sales
Unit 1822, each saleTypical studio in MAG 318 Tower
800K1M2017202020232026Typical sale price by year: 2017 AED 776,165; 2018 AED 787,488; 2019 AED 791,651; 2020 AED 870,514; 2021 AED 750,000; 2022 AED 850,000; 2023 AED 945,000; 2024 AED 1,030,000; 2025 AED 1,077,500; 2026 AED 995,000Sold by developer, November 2020: AED 904,350 (AED 2,050 per sqft)Sold, January 2024: AED 950,000 (AED 2,153 per sqft)Sold, February 2025: AED 1,020,000 (AED 2,312 per sqft)Sold, July 2026: AED 850,000 (AED 1,926 per sqft)

1822 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1822, each contractTypical studio in MAG 318 Tower
60K2021202320252027Typical rent by year: 2021 AED 52,000; 2022 AED 64,465; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 60,000New contract, June 2021: AED 52,000 a year

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 1822 sits

All 316 studios →

1822 last sold in July 2026 at AED 1,926 per sqft, 21% below what studios in MAG 318 Tower were fetching at the time (AED 2,437). 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. 1822's AED 52,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Oct 2026850,000
27 Aug 2026920,000
7 Aug 2026850,000
20 Jul 20261,000,000
21 studio 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 78K /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
18022-bedAED 2.15M · Aug 2025
1803StudioAED 824K · Sep 2020
1804StudioAED 760K · Jun 2019
1805StudioAED 861K · Jun 2022
1806StudioAED 1.08M · Dec 2020
1807StudioAED 1.08M · Dec 2020
1–7 of 23

1822, MAG 318 Tower in numbers

  • Sold 4 times: first on 16 November 2020 for AED 904,350, last on 21 July 2026 for AED 850,000 (AED 1,926 per sqft).
  • Rented since June 2021 on one Ejari contract, at AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2026 price is 6.1%, before a service charge of about AED 10,200 a year (AED 23.06 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 21 July 2026.

Questions about 1822, MAG 318 Tower

What did unit 1822 last sell for?

AED 850,000 on 21 July 2026: AED 1,926 per sqft for 441 sqft. The unit has 4 registered sales; the first was AED 904,350 in November 2020.

What is the rent for unit 1822?

AED 52,000 a year on the contract signed on 17 June 2021.

How big is unit 1822?

441 sqft (41.0 sqm): a studio on the 18th floor of a 22-storey tower completed in 2020.

What is unit 1822 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.

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Mortgage on 1822, MAG 318 Tower

Starts from the last sale price (AED 850K, 21 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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