403, MAG 318 Tower
Sold prices and rental history: sold 3 times, last in February 2026, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, MAG 318 Tower
What is 403 worth today?
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Source: Dubai Land Department. Updated 3 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 433 sqft
- Floor
- 4th of 22
- Parking
- P3-02
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,000 /yr
- Last sold
- AED 1.05M · February 2026
- Building
- MAG 318 Tower
About 403, MAG 318 Tower
403 is a studio of 433 sqft on the 4th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 3 February 2026 for AED 1,050,000, or AED 2,425 per sqft, in line with the AED 2,465 studios in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 6 November 2024, is AED 80,000 a year: a gross yield of 7.6% on the 2026 price, before the service charge of about AED 10,000 a year.
Sales and rents for 403 over time
403 has sold 3 times; 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 403 sits
All 316 studios →403 last sold in February 2026 at AED 2,425 per sqft, in line with what studios in MAG 318 Tower were fetching at the time (AED 2,465). 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. 403's AED 80,000 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 4th floor
All 439 units in MAG 318 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,257 sqft | AED 1.7MAED 1,700,000 · Sep 2021September 2021 | 155,000 /yr | |
| 402 | Studio | 438 sqft | AED 1.08MAED 1,075,000 · Dec 2020December 2020 | ||
| 404 | Studio | 434 sqft | AED 780KAED 780,000 · Jul 2018July 2018 | 64,200 /yr | |
| 405 | 1-bed | 869 sqft | AED 1.96MAED 1,955,000 · Dec 2020December 2020 | ||
| 406 | 1-bed | 872 sqft | AED 1.96MAED 1,955,000 · Dec 2020December 2020 | 120,000 /yr | |
| 407 | 1-bed | 876 sqft | AED 1.81MAED 1,810,000 · Apr 2021April 2021 | 105,000 /yr | |
| 408 | 2-bed | 1,602 sqft | AED 2.8MAED 2,800,000 · Sep 2026September 2026 | ||
| 409 | 1-bed | 1,563 sqft | AED 1.85MAED 1,850,962 · Sep 2021September 2021 | 155,000 /yr | |
| 410 | 2-bed | 2,076 sqft | AED 2.25MAED 2,250,000 · Dec 2020December 2020 | 160,000 /yr | |
| 411 | 1-bed | 890 sqft | AED 1.96MAED 1,955,000 · Dec 2020December 2020 | 86,400 /yr | |
| 412 | Studio | 439 sqft | AED 780KAED 780,000 · May 2018May 2018 | 56,000 /yr | |
| 413 | 1-bed | 1,203 sqft | AED 1.52MAED 1,523,090 · Sep 2020September 2020 | 121,275 /yr |
403, MAG 318 Tower in numbers
- Sold 3 times: first on 15 April 2019 for AED 768,000, last on 3 February 2026 for AED 1,050,000 (AED 2,425 per sqft).
- Rented since January 2023 on 2 Ejari contracts, from AED 65,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2026 price is 7.6%, 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 3 February 2026.
Questions about 403, MAG 318 Tower
What did unit 403 last sell for?
AED 1,050,000 on 3 February 2026: AED 2,425 per sqft for 433 sqft. The unit has 3 registered sales; the first was AED 768,000 in April 2019.
What is the rent for unit 403?
AED 80,000 a year on the contract signed on 6 November 2024. The previous contract, from January 2023, was AED 65,000.
How big is unit 403?
433 sqft (40.2 sqm): a studio on the 4th floor of a 22-storey tower completed in 2020.
What is unit 403 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 403, MAG 318 Tower
Starts from the last sale price (AED 1.05M, 3 February 2026). 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 →