2124, MAG 318 Tower
Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2124, MAG 318 Tower
What is 2124 worth today?
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Source: Dubai Land Department. Updated 25 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,043 sqft
- Floor
- 21st of 22
- Parking
- B2-113
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 24,100 /yr
- Last sold
- AED 2.12M · April 2024
- Building
- MAG 318 Tower
About 2124, MAG 318 Tower
2124 is a two-bedroom apartment of 1,043 sqft on the 21st floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 4 April 2024 for AED 2,120,000, or AED 2,032 per sqft.
It has been rented continuously since 2021 on 10 Ejari contracts. The current contract, signed on 25 June 2026, is AED 150,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 24,100 a year.
Sales and rents for 2124 over time
2124 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in MAG 318 Tower, and where 2124 sits
All 75 2-beds →Over the last 12 months two-beds sold for AED 2,000,000 to 2,800,000, around AED 2,068 per sqft, and rent for AED 85,000 to 166,000 a year. 2124's AED 150,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Sep 202616 September 2026 | 967 sqft | 2,000,000 | 2,069 | ||
| 14 Sep 202614 September 2026 | 1,602 sqft | 2,800,000 | 1,747 | ||
| 12 Feb 202612 February 2026 | 967 sqft | 2,000,000 | 2,068 | ||
| 29 Aug 202529 August 2025 | 1,043 sqft | 2,250,000 | 2,156 |
MAG 318 Tower
Building439 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%
Other units on the 21st floor
All 439 units in MAG 318 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2101 | 1-bed | 819 sqft | AED 1.49MAED 1,490,000 · Sep 2022September 2022 | 105,000 /yr | |
| 2102 | 2-bed | 967 sqft | AED 1.8MAED 1,798,777 · Sep 2019September 2019 | 110,000 /yr | |
| 2103 | Studio | 438 sqft | AED 820KAED 820,000 · Oct 2020October 2020 | 80,000 /yr | |
| 2104 | Studio | 433 sqft | AED 655KAED 655,000 · Sep 2021September 2021 | 77,583 /yr | |
| 2105 | Studio | 432 sqft | AED 876KAED 875,658 · Jul 2019July 2019 | 70,000 /yr | |
| 2106 | Studio | 433 sqft | AED 1.02MAED 1,020,000 · Oct 2023October 2023 | 55,000 /yr | |
| 2107 | Studio | 432 sqft | AED 745KAED 745,000 · Nov 2021November 2021 | ||
| 2108 | Studio | 433 sqft | AED 655KAED 655,000 · Sep 2021September 2021 | 60,000 /yr | |
| 2109 | Studio | 433 sqft | AED 1.2MAED 1,204,000 · Dec 2020December 2020 | 80,000 /yr | |
| 2110 | Studio | 432 sqft | AED 766KAED 766,100 · Sep 2021September 2021 | 85,000 /yr | |
| 2111 | Studio | 436 sqft | AED 1MAED 1,000,000 · Jul 2023July 2023 | 60,000 /yr | |
| 2112 | 2-bed | 966 sqft | AED 2.03MAED 2,030,588 · Jan 2021January 2021 | 126,000 /yr | |
| 2113 | 1-bed | 982 sqft | AED 2.05MAED 2,050,000 · Dec 2020December 2020 | 135,000 /yr | |
| 2114 | 2-bed | 1,045 sqft | AED 2.3MAED 2,300,000 · Dec 2020December 2020 | 145,735 /yr | |
| 2115 | Studio | 444 sqft | AED 975KAED 975,000 · Jan 2021January 2021 | 68,250 /yr | |
| 2116 | Studio | 440 sqft | AED 975KAED 975,000 · Jan 2021January 2021 | 55,000 /yr | |
| 2117 | Studio | 441 sqft | AED 1.2MAED 1,204,000 · Dec 2020December 2020 | ||
| 2118 | Studio | 441 sqft | AED 890KAED 889,712 · Nov 2020November 2020 | 55,000 /yr | |
| 2119 | Studio | 440 sqft | AED 906KAED 905,645 · Apr 2020April 2020 | 70,000 /yr | |
| 2120 | Studio | 441 sqft | AED 908KAED 908,400 · Apr 2020April 2020 | 72,000 /yr | |
| 2121 | Studio | 440 sqft | AED 888KAED 887,709 · Nov 2020November 2020 | 65,000 /yr | |
| 2122 | Studio | 441 sqft | AED 640KAED 639,566 · Feb 2021February 2021 | 60,000 /yr | |
| 2123 | Studio | 446 sqft | AED 950KAED 950,000 · Jul 2026July 2026 |
2124, MAG 318 Tower in numbers
- Sold twice: first on 22 April 2020 for AED 2,117,890, last on 4 April 2024 for AED 2,120,000 (AED 2,032 per sqft).
- Rented since September 2021 on 10 Ejari contracts, from AED 115,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 24,100 a year (AED 23.06 per sqft).
- Two-beds in MAG 318 Tower sold for AED 2,000,000–2,800,000 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 June 2026.
Questions about 2124, MAG 318 Tower
What did unit 2124 last sell for?
AED 2,120,000 on 4 April 2024: AED 2,032 per sqft for 1,043 sqft. The unit has 2 registered sales; the first was AED 2,117,890 in April 2020.
What is the rent for unit 2124?
AED 150,000 a year on the contract signed on 25 June 2026. The previous contract, from June 2026, was AED 150,000; the unit has been rented since September 2021.
How big is unit 2124?
1,043 sqft (96.9 sqm): a two-bedroom apartment on the 21st floor of a 22-storey tower completed in 2020.
What is unit 2124 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 318 Tower sold for AED 2,000,000 to 2,800,000 in the last 12 months, around AED 2,068 per sqft.
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Mortgage on 2124, MAG 318 Tower
Starts from the last sale price (AED 2.12M, 4 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,120,000
- Deposit, UAE resident (20%)
- AED 424,000
- Deposit, non-resident (40%)
- AED 848,000
- Monthly over 25 years at 3.7%
- AED 8,674
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →