1-bed · 819 sqftMAG 318 Tower, Business Bay · 19th floor · completed 2020

1901, 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 once, by the developer in September 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1901 · DLD and Ejari recordsUpdated 25 April 2026

Last soldAED 1.35M29 September 2021

Current rentAED 95K /yr25 April 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1901, MAG 318 Tower

Today

What is 1901 worth today?

Last sold for AED 1,350,000 in 2021

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25 Apr 2026

25 Apr 2026RentedNew contract

AED 95,000/yr12 months · AED 116 per sqft

20 Jan 2026

20 Jan 2026RentedRenewal

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

20 Jan 2026

20 Jan 2026RentedRenewal

AED 79,500/yr12 months · AED 97 per sqft

20 Jan 2025

20 Jan 2025RentedNew contract

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

13 Mar 2024

13 Mar 2024RentedRenewal

AED 130,000/yr12 months · AED 159 per sqft

13 Mar 2023

13 Mar 2023RentedNew contract

AED 126,000/yr12 months · AED 154 per sqft

1 Sep 2022

1 Sep 2022RentedRenewal

AED 93,251/yr12 months · AED 114 per sqft

29 Sep 2021

29 Sep 2021Sold by developerReady

AED 1,350,000AED 1,648 per sqft

Source: Dubai Land Department. Updated 25 April 2026.

Key facts

Type: 1-bed apartment
Size: 819 sqft
Floor: 19th of 22
Parking: B2-34
Developer: MAG
Completed: 2020
Service charge: AED 18,900 /yr
Last sold: AED 1.35M · September 2021
Building: MAG 318 Tower

About 1901, MAG 318 Tower

1901 is a one-bedroom apartment of 819 sqft on the 19th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. The developer sold it on 29 September 2021 for AED 1,350,000, or AED 1,648 per sqft, 21% below the AED 2,086 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 9 Ejari contracts. The current contract, signed on 25 April 2026, is AED 95,000 a year: a gross yield of 7.0% on the 2021 price, before the service charge of about AED 18,900 a year.

Sales and rents for 1901 over time

Sales

Unit 1901, each saleTypical one-bed in MAG 318 Tower

1901 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1901, 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 1901 sits

All 48 1-beds →

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

1901 last sold in September 2021 at AED 1,648 per sqft, 21% below what one-beds in MAG 318 Tower were fetching at the time (AED 2,086). 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. 1901's AED 95,000 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
18 Sep 202518 September 2025	819 sqft	1,570,000	1,916

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 19th floor

All 439 units in MAG 318 Tower


1902	2-bed	967 sqft	AED 1.88MAED 1,883,458 · Jan 2021January 2021	115,000 /yr
1903	Studio	438 sqft	AED 774KAED 773,517 · Jun 2018June 2018	56,000 /yr
1904	Studio	433 sqft	AED 809KAED 808,527 · Jan 2018January 2018	60,000 /yr
1905	Studio	432 sqft	AED 760KAED 760,000 · Sep 2018September 2018	75,000 /yr
1906	Studio	433 sqft	AED 1.08MAED 1,075,000 · Dec 2020December 2020	80,000 /yr
1907	Studio	432 sqft	AED 890KAED 890,000 · Jan 2023January 2023
1908	Studio	433 sqft	AED 990KAED 990,000 · Jul 2023July 2023	65,000 /yr
1909	Studio	433 sqft	AED 760KAED 760,000 · Sep 2018September 2018	110,000 /yr
1910	Studio	432 sqft	AED 875KAED 875,000 · Nov 2022November 2022	60,000 /yr
1911	Studio	436 sqft	AED 1.01MAED 1,010,000 · May 2021May 2021	80,000 /yr
1912	2-bed	966 sqft	AED 2.25MAED 2,250,000 · Dec 2020December 2020	155,000 /yr
1913	1-bed	982 sqft	AED 2.05MAED 2,050,000 · Dec 2020December 2020
1914	2-bed	1,045 sqft	AED 2.58MAED 2,576,000 · Jan 2021January 2021
1915	Studio	444 sqft	AED 1.08MAED 1,075,000 · Aug 2025August 2025	75,000 /yr
1916	Studio	440 sqft	AED 1.08MAED 1,075,000 · Aug 2025August 2025	80,000 /yr
1917	Studio	441 sqft	AED 1.1MAED 1,100,000 · Dec 2025December 2025	80,000 /yr
1918	Studio	441 sqft	AED 1.08MAED 1,080,000 · Nov 2025November 2025	70,000 /yr
1919	Studio	440 sqft	AED 925KAED 925,000 · Jul 2023July 2023	56,000 /yr
1920	Studio	441 sqft	AED 1.08MAED 1,075,000 · Jul 2025July 2025	56,000 /yr
1921	Studio	440 sqft	AED 1.09MAED 1,085,000 · Dec 2025December 2025	70,000 /yr
1922	Studio	441 sqft	AED 1.08MAED 1,075,000 · Aug 2025August 2025	65,000 /yr
1923	Studio	446 sqft	AED 1.1MAED 1,100,000 · Jun 2025June 2025	76,000 /yr
1924	2-bed	1,043 sqft	AED 2MAED 2,000,000 · Mar 2025March 2025	150,000 /yr

1–7 of 23

1901, MAG 318 Tower in numbers

Sold once: by MAG on 29 September 2021 for AED 1,350,000, or AED 1,648 per sqft.
Rented since September 2021 on 9 Ejari contracts. The rent fell from AED 93,000 to AED 79,500 in 2026 and recovered to AED 95,000 by April 2026.
At AED 95,000 a year the gross yield on the 2021 price is 7.0%, 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 25 April 2026.

Questions about 1901, MAG 318 Tower

What did unit 1901 last sell for?

AED 1,350,000 on 29 September 2021, sold by the developer: AED 1,648 per sqft for 819 sqft. It is the only registered sale of the unit.

What is the rent for unit 1901?

AED 95,000 a year on the contract signed on 25 April 2026. The previous contract, from January 2026, was AED 120,000; the unit has been rented since September 2021.

How big is unit 1901?

819 sqft (76.1 sqm): a one-bedroom apartment on the 19th floor of a 22-storey tower completed in 2020.

What is unit 1901 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.

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Mortgage on 1901, MAG 318 Tower

Starts from the last sale price (AED 1.35M, 29 September 2021). Switch to today's estimate once you have unlocked it.

Price: AED 1,350,000
Deposit, UAE resident (20%): AED 270,000
Deposit, non-resident (40%): AED 540,000
Monthly over 25 years at 3.7%: AED 5,523

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