Studio · 441 sqftMAG 318 Tower, Business Bay · 19th floor · completed 2020

1918, MAG 318 Tower

Sold prices and rental history: sold twice, last in November 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1918 · DLD and Ejari recordsUpdated 26 November 2025
Last soldAED 1.08M26 November 2025
Current rentAED 70K /yr13 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1918, MAG 318 Tower

What is 1918 worth today?

Last sold for AED 1,080,000 in 2025

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26 Nov 2025SoldReady
AED 1,080,000AED 2,448 per sqft
13 Nov 2024RentedNew contract
AED 70,000/yr12 months · AED 159 per sqft
30 Oct 2023RentedNew contract
AED 75,000/yr12 months · AED 170 per sqft
25 Sep 2022RentedNew contract
AED 67,000/yr12 months · AED 152 per sqft
24 Oct 2021RentedNew contract
AED 59,000/yr12 months · AED 134 per sqft
7 Jan 2018Sold by developerOff-plan
AED 824,418AED 1,868 per sqft

Source: Dubai Land Department. Updated 26 November 2025.

Key facts

Type
Studio apartment
Size
441 sqft
Floor
19th of 22
Parking
B2-51
Developer
MAG
Completed
2020
Service charge
AED 10,200 /yr
Last sold
AED 1.08M · November 2025

About 1918, MAG 318 Tower

1918 is a studio of 441 sqft on the 19th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 26 November 2025 for AED 1,080,000, or AED 2,448 per sqft, in line with the AED 2,464 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 13 November 2024, is AED 70,000 a year: a gross yield of 6.5% on the 2025 price, before the service charge of about AED 10,200 a year.

Sales and rents for 1918 over time

Sales
Unit 1918, 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, January 2018: AED 824,418 (AED 1,868 per sqft)Sold, November 2025: AED 1,080,000 (AED 2,448 per sqft)

1918 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1918, 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, October 2021: AED 59,000 a yearNew contract, September 2022: AED 67,000 a yearNew contract, October 2023: AED 75,000 a yearNew contract, November 2024: AED 70,000 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 1918 sits

All 316 studios →

1918 last sold in November 2025 at AED 2,448 per sqft, in line with what studios in MAG 318 Tower were fetching at the time (AED 2,464). 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. 1918's AED 70,000 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
21 Jul 2026850,000
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 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
Value
19011-bedAED 1.35M · Sep 2021
19022-bedAED 1.88M · Jan 2021
1903StudioAED 774K · Jun 2018
1904StudioAED 809K · Jan 2018
1905StudioAED 760K · Sep 2018
1906StudioAED 1.08M · Dec 2020
1907StudioAED 890K · Jan 2023
1–7 of 23

1918, MAG 318 Tower in numbers

  • Sold twice: first on 7 January 2018 for AED 824,418, last on 26 November 2025 for AED 1,080,000 (AED 2,448 per sqft).
  • Rented since October 2021 on 4 Ejari contracts, from AED 59,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2025 price is 6.5%, 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 26 November 2025.

Questions about 1918, MAG 318 Tower

What did unit 1918 last sell for?

AED 1,080,000 on 26 November 2025: AED 2,448 per sqft for 441 sqft. The unit has 2 registered sales; the first was AED 824,418 in January 2018.

What is the rent for unit 1918?

AED 70,000 a year on the contract signed on 13 November 2024. The previous contract, from October 2023, was AED 75,000; the unit has been rented since October 2021.

How big is unit 1918?

441 sqft (41.0 sqm): a studio on the 19th floor of a 22-storey tower completed in 2020.

What is unit 1918 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 1918, MAG 318 Tower

Starts from the last sale price (AED 1.08M, 26 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

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