1-bed · 819 sqftMAG 318 Tower, Business Bay · 20th floor · completed 2020

2001, MAG 318 Tower

Sold prices and rental history: sold 3 times, last in April 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2001 · DLD and Ejari recordsUpdated 14 April 2025
Last soldAED 1.8M14 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2001, MAG 318 Tower

What is 2001 worth today?

Last sold for AED 1,800,000 in 2025

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14 Apr 2025SoldReady
AED 1,800,000AED 2,197 per sqft
10 Jan 2022SoldReady
AED 1,700,000AED 2,075 per sqft
25 Oct 2021Sold by developerReady
AED 725,000AED 885 per sqft

Source: Dubai Land Department. Updated 14 April 2025.

Key facts

Type
1-bed apartment
Size
819 sqft
Floor
20th of 22
Parking
B2-58
Developer
MAG
Completed
2020
Service charge
AED 18,900 /yr
Last sold
AED 1.8M · April 2025

About 2001, MAG 318 Tower

2001 is a one-bedroom apartment of 819 sqft on the 20th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 14 April 2025 for AED 1,800,000, or AED 2,197 per sqft, 9% above the AED 2,020 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2001 over time

Sales
Unit 2001, each saleTypical one-bed in MAG 318 Tower
1M2M2018202120242027Typical sale price by year: 2018 AED 1,486,232; 2019 AED 1,462,000; 2020 AED 2,050,000; 2021 AED 1,594,787; 2026 AED 1,732,516Sold by developer, October 2021: AED 725,000 (AED 885 per sqft)Sold, January 2022: AED 1,700,000 (AED 2,075 per sqft)Sold, April 2025: AED 1,800,000 (AED 2,197 per sqft)

2001 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2001, each contractTypical one-bed in MAG 318 Tower
80K100K120K2021202320252027Typical rent by year: 2021 AED 83,000; 2022 AED 95,000; 2023 AED 105,000; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 95,000

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 2001 sits

All 48 1-beds →

2001 last sold in April 2025 at AED 2,197 per sqft, 9% above what one-beds in MAG 318 Tower were fetching at the time (AED 2,020). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jul 20261,732,516
1 Jul 20261,750,000
22 Jan 20261,710,000
18 Sep 20251,570,000
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 20th floor

All 439 units in MAG 318 Tower
Value
20022-bedAED 1.8M · Aug 2021
2003StudioAED 919K · Jan 2021
2004StudioAED 970K · Sep 2023
2005StudioAED 930K · Jul 2023
2006StudioAED 912K · Aug 2021
2007StudioAED 980K · Dec 2023
2008StudioAED 933K · Jan 2021
1–7 of 23

2001, MAG 318 Tower in numbers

  • Sold 3 times: first on 25 October 2021 for AED 725,000, last on 14 April 2025 for AED 1,800,000 (AED 2,197 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 14 April 2025.

Questions about 2001, MAG 318 Tower

What did unit 2001 last sell for?

AED 1,800,000 on 14 April 2025: AED 2,197 per sqft for 819 sqft. The unit has 3 registered sales; the first was AED 725,000 in October 2021.

How big is unit 2001?

819 sqft (76.1 sqm): a one-bedroom apartment on the 20th floor of a 22-storey tower completed in 2020.

What is unit 2001 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 2001, MAG 318 Tower

Starts from the last sale price (AED 1.8M, 14 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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