2201, MAG 318 Tower
Sold prices and rental history: sold twice, last in August 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2201, MAG 318 Tower
What is 2201 worth today?
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Source: Dubai Land Department. Updated 30 August 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 823 sqft
- Floor
- 22nd of 22
- Parking
- B2-114
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 19,000 /yr
- Last sold
- AED 1.35M · August 2021
- Building
- MAG 318 Tower
About 2201, MAG 318 Tower
2201 is a one-bedroom apartment of 823 sqft on the 22nd floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 30 August 2021 for AED 1,350,000, or AED 1,640 per sqft, 21% below the AED 2,086 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 2201 over time
2201 has sold twice; the dashed line is the one-bed median of each year in the building.
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 2201 sits
All 48 1-beds →2201 last sold in August 2021 at AED 1,640 per sqft, 21% below what one-beds in MAG 318 Tower were fetching at the time (AED 2,086). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jul 202627 July 2026 | 982 sqft | 1,732,516 | 1,763 | ||
| 1 Jul 20261 July 2026 | 819 sqft | 1,750,000 | 2,136 | ||
| 22 Jan 202622 January 2026 | 982 sqft | 1,710,000 | 1,740 | ||
| 18 Sep 202518 September 2025 | 819 sqft | 1,570,000 | 1,916 |
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 22nd floor
All 439 units in MAG 318 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2202 | 2-bed | 967 sqft | AED 1.89MAED 1,892,754 · Jul 2021July 2021 | 160,000 /yr | |
| 2203 | Studio | 438 sqft | AED 851KAED 851,000 · Sep 2018September 2018 | 80,000 /yr | |
| 2204 | Studio | 433 sqft | AED 811KAED 811,273 · Apr 2019April 2019 | ||
| 2205 | Studio | 432 sqft | AED 920KAED 920,000 · Mar 2023March 2023 | 78,000 /yr | |
| 2206 | Studio | 433 sqft | AED 1.02MAED 1,020,000 · Jul 2024July 2024 | 75,000 /yr | |
| 2207 | Studio | 432 sqft | AED 650KAED 650,000 · May 2021May 2021 | 80,000 /yr | |
| 2208 | Studio | 433 sqft | AED 1.01MAED 1,010,000 · Jun 2021June 2021 | 60,000 /yr | |
| 2209 | Studio | 433 sqft | AED 1.05MAED 1,050,000 · Jan 2025January 2025 | 83,000 /yr | |
| 2210 | Studio | 432 sqft | AED 1.16MAED 1,160,000 · Jan 2026January 2026 | 67,000 /yr | |
| 2211 | Studio | 436 sqft | AED 1.17MAED 1,167,880 · Jan 2021January 2021 | 85,000 /yr | |
| 2212 | 2-bed | 966 sqft | AED 2.25MAED 2,250,000 · Dec 2020December 2020 | 160,000 /yr | |
| 2213 | 1-bed | 982 sqft | AED 2.05MAED 2,050,000 · Dec 2020December 2020 | 90,000 /yr | |
| 2214 | 2-bed | 1,045 sqft | AED 1.51MAED 1,513,162 · Feb 2021February 2021 | 160,000 /yr | |
| 2215 | Studio | 444 sqft | AED 862KAED 862,365 · Sep 2018September 2018 | 55,000 /yr | |
| 2216 | Studio | 440 sqft | AED 857KAED 856,577 · Oct 2018October 2018 | 80,000 /yr | |
| 2217 | Studio | 441 sqft | AED 842KAED 841,970 · Sep 2020September 2020 | 60,000 /yr | |
| 2218 | Studio | 441 sqft | AED 1.14MAED 1,140,000 · Aug 2025August 2025 | 115,000 /yr | |
| 2219 | Studio | 440 sqft | AED 1.02MAED 1,020,000 · Feb 2024February 2024 | 70,000 /yr | |
| 2220 | Studio | 441 sqft | AED 868KAED 868,407 · Jun 2018June 2018 | 75,000 /yr | |
| 2221 | Studio | 440 sqft | AED 854KAED 854,013 · Oct 2018October 2018 | 80,000 /yr | |
| 2222 | Studio | 441 sqft | AED 1.05MAED 1,050,000 · Mar 2024March 2024 | 80,000 /yr | |
| 2223 | Studio | 446 sqft | AED 1.1MAED 1,100,000 · Feb 2025February 2025 | ||
| 2224 | 2-bed | 1,043 sqft | AED 2.3MAED 2,300,000 · Dec 2020December 2020 | 130,000 /yr |
2201, MAG 318 Tower in numbers
- Sold twice: first on 15 May 2018 for AED 1,567,133, last on 30 August 2021 for AED 1,350,000 (AED 1,640 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 30 August 2021.
Questions about 2201, MAG 318 Tower
What did unit 2201 last sell for?
AED 1,350,000 on 30 August 2021: AED 1,640 per sqft for 823 sqft. The unit has 2 registered sales; the first was AED 1,567,133 in May 2018.
How big is unit 2201?
823 sqft (76.5 sqm): a one-bedroom apartment on the 22nd floor of a 22-storey tower completed in 2020.
What is unit 2201 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 2201, MAG 318 Tower
Starts from the last sale price (AED 1.35M, 30 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →