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Studio · 436 sqftMAG 318 Tower, Business Bay · 22nd floor · completed 2020

2211, MAG 318 Tower

Sold prices and rental history: sold once, by the developer in January 2021, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2211 · DLD and Ejari recordsUpdated 23 December 2025
Last soldAED 1.17M25 January 2021
Current rentAED 85K /yr23 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2211, MAG 318 Tower

What is 2211 worth today?

Last sold for AED 1,167,880 in 2021

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23 Dec 2025RentedRenewal
AED 85,000/yr12 months · AED 195 per sqft
23 Dec 2024RentedNew contract
AED 80,000/yr12 months · AED 184 per sqft
25 Jan 2021Sold by developerReady
AED 1,167,880AED 2,678 per sqft

Source: Dubai Land Department. Updated 23 December 2025.

Key facts

Type
Studio apartment
Size
436 sqft
Floor
22nd of 22
Parking
B2-131
Developer
MAG
Completed
2020
Service charge
AED 10,100 /yr
Last sold
AED 1.17M · January 2021
Building
MAG 318 Tower

About 2211, MAG 318 Tower

2211 is a studio of 436 sqft on the 22nd floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. The developer sold it on 25 January 2021 for AED 1,167,880, or AED 2,678 per sqft, 33% above the AED 2,016 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 23 December 2025, is AED 85,000 a year: a gross yield of 7.3% on the 2021 price, before the service charge of about AED 10,100 a year.

Sales and rents for 2211 over time

Sales
Unit 2211, each saleTypical studio in MAG 318 Tower
800K1M1.2M2017202020232026Typical 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, January 2021: AED 1,167,880 (AED 2,678 per sqft)

2211 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2211, 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, December 2024: AED 80,000 a yearRenewal, December 2025: AED 85,000 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 2211 sits

All 316 studios →

2211 last sold in January 2021 at AED 2,678 per sqft, 33% above what studios in MAG 318 Tower were fetching at the time (AED 2,016). 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. 2211's AED 85,000 is in the upper 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
2205StudioAED 920K · Mar 2023
2206StudioAED 1.02M · Jul 2024
2207StudioAED 650K · May 2021
1–7 of 23

2211, MAG 318 Tower in numbers

  • Sold once: by MAG on 25 January 2021 for AED 1,167,880, or AED 2,678 per sqft.
  • Rented since December 2024 on 2 Ejari contracts, from AED 80,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 7.3%, before a service charge of about AED 10,100 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 23 December 2025.

Questions about 2211, MAG 318 Tower

What did unit 2211 last sell for?

AED 1,167,880 on 25 January 2021, sold by the developer: AED 2,678 per sqft for 436 sqft. It is the only registered sale of the unit.

What is the rent for unit 2211?

AED 85,000 a year on the contract renewed on 23 December 2025. The previous contract, from December 2024, was AED 80,000.

How big is unit 2211?

436 sqft (40.5 sqm): a studio on the 22nd floor of a 22-storey tower completed in 2020.

What is unit 2211 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 2211, MAG 318 Tower

Starts from the last sale price (AED 1.17M, 25 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,167,880
Deposit, UAE resident (20%)
AED 233,576
Deposit, non-resident (40%)
AED 467,152
Monthly over 25 years at 3.7%
AED 4,778

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