2209, MAG 318 Tower
Sold prices and rental history: sold twice, last in January 2025, 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 2209, MAG 318 Tower
What is 2209 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 433 sqft
- Floor
- 22nd of 22
- Parking
- B2-126
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,000 /yr
- Last sold
- AED 1.05M · January 2025
- Building
- MAG 318 Tower
About 2209, MAG 318 Tower
2209 is a studio of 433 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 24 January 2025 for AED 1,050,000, or AED 2,426 per sqft, in line with the AED 2,366 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 1 March 2026, is AED 83,000 a year: a gross yield of 7.9% on the 2025 price, before the service charge of about AED 10,000 a year.
Sales and rents for 2209 over time
2209 has sold twice; the dashed line is the studio median of each year in the building.
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 2209 sits
All 316 studios →2209 last sold in January 2025 at AED 2,426 per sqft, in line with what studios in MAG 318 Tower were fetching at the time (AED 2,366). 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. 2209's AED 83,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 432 sqft | 850,000 | 1,968 | ||
| 27 Aug 202627 August 2026 | 433 sqft | 920,000 | 2,125 | ||
| 7 Aug 20267 August 2026 | 440 sqft | 850,000 | 1,932 | ||
| 21 Jul 202621 July 2026 | 441 sqft | 850,000 | 1,926 |
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 | |||||
|---|---|---|---|---|---|
| 2201 | 1-bed | 823 sqft | AED 1.35MAED 1,350,000 · Aug 2021August 2021 | ||
| 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 | |
| 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 |
2209, MAG 318 Tower in numbers
- Sold twice: first on 30 June 2019 for AED 824,341, last on 24 January 2025 for AED 1,050,000 (AED 2,426 per sqft).
- Rented since October 2021 on 5 Ejari contracts, from AED 55,000 to AED 83,000 a year.
- At AED 83,000 a year the gross yield on the 2025 price is 7.9%, 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 1 March 2026.
Questions about 2209, MAG 318 Tower
What did unit 2209 last sell for?
AED 1,050,000 on 24 January 2025: AED 2,426 per sqft for 433 sqft. The unit has 2 registered sales; the first was AED 824,341 in June 2019.
What is the rent for unit 2209?
AED 83,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 83,000; the unit has been rented since October 2021.
How big is unit 2209?
433 sqft (40.2 sqm): a studio on the 22nd floor of a 22-storey tower completed in 2020.
What is unit 2209 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.
Selling 2209? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2209, MAG 318 Tower
Starts from the last sale price (AED 1.05M, 24 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →