Studio · 433 sqftMAG 318 Tower, Business Bay · 21st floor · completed 2020

2104, MAG 318 Tower

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.

Unit 2104 · DLD and Ejari recordsUpdated 31 December 2025
Last soldAED 655K9 September 2021
Current rentAED 78K /yr31 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2104, MAG 318 Tower

What is 2104 worth today?

Last sold for AED 655,000 in 2021

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31 Dec 2025RentedRenewal
AED 77,583/yr12 months · AED 180 per sqft
1 Oct 2025RentedRenewal
AED 75,815/yr3 months · AED 176 per sqft
1 Oct 2024RentedNew contract
AED 75,000/yr12 months · AED 174 per sqft
20 Sep 2022RentedNew contract
AED 64,000/yr12 months · AED 149 per sqft
25 Sep 2021RentedNew contract
AED 55,000/yr12 months · AED 128 per sqft
9 Sep 2021Sold by developerReady
AED 655,000AED 1,512 per sqft

Source: Dubai Land Department. Updated 31 December 2025.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
21st of 22
Parking
B2-85
Developer
MAG
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 655K · September 2021

About 2104, MAG 318 Tower

2104 is a studio of 433 sqft on the 21st floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. The developer sold it on 9 September 2021 for AED 655,000, or AED 1,512 per sqft, 19% below the AED 1,871 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 31 December 2025, is AED 77,583 a year: a gross yield of 11.8% on the 2021 price, before the service charge of about AED 10,000 a year.

Sales and rents for 2104 over time

Sales
Unit 2104, each saleTypical studio in MAG 318 Tower
600K800K1M2017202020232026Typical 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, September 2021: AED 655,000 (AED 1,512 per sqft)

2104 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2104, each contractTypical studio in MAG 318 Tower
60K80K2021202320252027Typical 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, September 2021: AED 55,000 a yearNew contract, September 2022: AED 64,000 a yearNew contract, October 2024: AED 75,000 a yearRenewal, October 2025: AED 75,815 a yearRenewal, December 2025: AED 77,583 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 2104 sits

All 316 studios →

2104 last sold in September 2021 at AED 1,512 per sqft, 19% below what studios in MAG 318 Tower were fetching at the time (AED 1,871). 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. 2104's AED 77,583 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 21st floor

All 439 units in MAG 318 Tower
Value
21011-bedAED 1.49M · Sep 2022
21022-bedAED 1.8M · Sep 2019
2103StudioAED 820K · Oct 2020
2105StudioAED 876K · Jul 2019
2106StudioAED 1.02M · Oct 2023
2107StudioAED 745K · Nov 2021
2108StudioAED 655K · Sep 2021
1–7 of 23

2104, MAG 318 Tower in numbers

  • Sold once: by MAG on 9 September 2021 for AED 655,000, or AED 1,512 per sqft.
  • Rented since September 2021 on 5 Ejari contracts, from AED 55,000 to AED 77,583 a year.
  • At AED 77,583 a year the gross yield on the 2021 price is 11.8%, 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 31 December 2025.

Questions about 2104, MAG 318 Tower

What did unit 2104 last sell for?

AED 655,000 on 9 September 2021, sold by the developer: AED 1,512 per sqft for 433 sqft. It is the only registered sale of the unit.

What is the rent for unit 2104?

AED 77,583 a year on the contract renewed on 31 December 2025. The previous contract, from October 2025, was AED 75,815; the unit has been rented since September 2021.

How big is unit 2104?

433 sqft (40.2 sqm): a studio on the 21st floor of a 22-storey tower completed in 2020.

What is unit 2104 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 2104, MAG 318 Tower

Starts from the last sale price (AED 655K, 9 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 655,000
Deposit, UAE resident (20%)
AED 131,000
Deposit, non-resident (40%)
AED 262,000
Monthly over 25 years at 3.7%
AED 2,680

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