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Studio · 432 sqftMAG 318 Tower, Business Bay · 22nd floor · completed 2020

2205, MAG 318 Tower

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2205 · DLD and Ejari recordsUpdated 6 September 2025
Last soldAED 920K22 March 2023
Current rentAED 78K /yr6 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2205, MAG 318 Tower

What is 2205 worth today?

Last sold for AED 920,000 in 2023

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6 Sep 2025RentedNew contract
AED 78,000/yr12 months · AED 181 per sqft
4 Mar 2025RentedNew contract
AED 80,000/yr12 months · AED 185 per sqft
4 Mar 2025RentedNew contract
AED 80,000/yr12 months · AED 185 per sqft
22 Mar 2023SoldReady
AED 920,000AED 2,131 per sqft
22 Jul 2021RentedNew contract
AED 50,000/yr13 months · AED 116 per sqft
20 Sep 2018Sold by developerOff-plan
AED 1,005,000AED 2,328 per sqft

Source: Dubai Land Department. Updated 6 September 2025.

Key facts

Type
Studio apartment
Size
432 sqft
Floor
22nd of 22
Parking
B2-118
Developer
MAG
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 920K · March 2023
Building
MAG 318 Tower

About 2205, MAG 318 Tower

2205 is a studio of 432 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 22 March 2023 for AED 920,000, or AED 2,131 per sqft, 4% above the AED 2,058 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 6 September 2025, is AED 78,000 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 10,000 a year.

Sales and rents for 2205 over time

Sales
Unit 2205, 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, September 2018: AED 1,005,000 (AED 2,328 per sqft)Sold, March 2023: AED 920,000 (AED 2,131 per sqft)

2205 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2205, 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, July 2021: AED 50,000 a yearNew contract, March 2025: AED 80,000 a yearNew contract, March 2025: AED 80,000 a yearNew contract, September 2025: AED 78,000 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 2205 sits

All 316 studios →

2205 last sold in March 2023 at AED 2,131 per sqft, 4% above what studios in MAG 318 Tower were fetching at the time (AED 2,058). 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. 2205's AED 78,000 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 79K /yr
Typical yield
6.1%
MAG 318 Tower, Business Bay: prices, sales and rents →

Other units on the 22nd floor

All 439 units in MAG 318 Tower
Value
22011-bedAED 1.35M · Aug 2021
22022-bedAED 1.89M · Jul 2021
2203StudioAED 851K · Sep 2018
2204StudioAED 811K · Apr 2019
2206StudioAED 1.02M · Jul 2024
2207StudioAED 650K · May 2021
2208StudioAED 1.01M · Jun 2021
1–7 of 23

2205, MAG 318 Tower in numbers

  • Sold twice: first on 20 September 2018 for AED 1,005,000, last on 22 March 2023 for AED 920,000 (AED 2,131 per sqft).
  • Rented since July 2021 on 4 Ejari contracts, from AED 50,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2023 price is 8.5%, 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 6 September 2025.

Questions about 2205, MAG 318 Tower

What did unit 2205 last sell for?

AED 920,000 on 22 March 2023: AED 2,131 per sqft for 432 sqft. The unit has 2 registered sales; the first was AED 1,005,000 in September 2018.

What is the rent for unit 2205?

AED 78,000 a year on the contract signed on 6 September 2025. The previous contract, from March 2025, was AED 80,000; the unit has been rented since July 2021.

How big is unit 2205?

432 sqft (40.1 sqm): a studio on the 22nd floor of a 22-storey tower completed in 2020.

What is unit 2205 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 2205, MAG 318 Tower

Starts from the last sale price (AED 920K, 22 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 920,000
Deposit, UAE resident (20%)
AED 184,000
Deposit, non-resident (40%)
AED 368,000
Monthly over 25 years at 3.7%
AED 3,764

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