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Studio · 433 sqftMAG 318 Tower, Business Bay · 20th floor · completed 2020

2009, 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 2009 · DLD and Ejari recordsUpdated 21 August 2025
Last soldAED 1.02M21 August 2025
Current rentAED 65K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2009, MAG 318 Tower

What is 2009 worth today?

Last sold for AED 1,020,000 in 2025

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21 Aug 2025SoldReady
AED 1,020,000AED 2,357 per sqft
15 Aug 2024RentedNew contract
AED 65,000/yr12 months · AED 151 per sqft
25 Aug 2023RentedNew contract
AED 65,000/yr12 months · AED 151 per sqft
26 Jul 2022RentedNew contract
AED 60,000/yr12 months · AED 139 per sqft
28 Jun 2021Sold by developerReady
AED 933,000AED 2,156 per sqft

Source: Dubai Land Department. Updated 21 August 2025.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
20th of 22
Parking
B2-66
Developer
MAG
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 1.02M · August 2025
Building
MAG 318 Tower

About 2009, MAG 318 Tower

2009 is a studio of 433 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 21 August 2025 for AED 1,020,000, or AED 2,357 per sqft, 4% below the AED 2,464 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 15 August 2024, is AED 65,000 a year: a gross yield of 6.4% on the 2025 price, before the service charge of about AED 10,000 a year.

Sales and rents for 2009 over time

Sales
Unit 2009, 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, June 2021: AED 933,000 (AED 2,156 per sqft)Sold, August 2025: AED 1,020,000 (AED 2,357 per sqft)

2009 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2009, 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, July 2022: AED 60,000 a yearNew contract, August 2023: AED 65,000 a yearNew contract, August 2024: AED 65,000 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 2009 sits

All 316 studios →

2009 last sold in August 2025 at AED 2,357 per sqft, 4% below 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. 2009's AED 65,000 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 78K /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
20011-bedAED 1.8M · Apr 2025
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
1–7 of 23

2009, MAG 318 Tower in numbers

  • Sold twice: first on 28 June 2021 for AED 933,000, last on 21 August 2025 for AED 1,020,000 (AED 2,357 per sqft).
  • Rented since July 2022 on 3 Ejari contracts, from AED 60,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2025 price is 6.4%, before a service charge of about AED 10,000 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 August 2025.

Questions about 2009, MAG 318 Tower

What did unit 2009 last sell for?

AED 1,020,000 on 21 August 2025: AED 2,357 per sqft for 433 sqft. The unit has 2 registered sales; the first was AED 933,000 in June 2021.

What is the rent for unit 2009?

AED 65,000 a year on the contract signed on 15 August 2024. The previous contract, from August 2023, was AED 65,000; the unit has been rented since July 2022.

How big is unit 2009?

433 sqft (40.2 sqm): a studio on the 20th floor of a 22-storey tower completed in 2020.

What is unit 2009 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 2009, MAG 318 Tower

Starts from the last sale price (AED 1.02M, 21 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

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