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1-bed · 874 sqftMAG 318 Tower, Business Bay · 5th floor · completed 2020

510, MAG 318 Tower

Sold prices and rental history: sold once, by the developer in December 2020, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 5 December 2025
Last soldAED 1.96M15 December 2020
Current rentAED 130K /yr5 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 510, MAG 318 Tower

What is 510 worth today?

Last sold for AED 1,955,000 in 2020

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5 Dec 2025RentedNew contract
AED 130,000/yr12 months · AED 149 per sqft
1 Aug 2022RentedNew contract
AED 80,000/yr12 months · AED 92 per sqft
27 Jun 2021RentedNew contract
AED 75,000/yr12 months · AED 86 per sqft
15 Dec 2020Sold by developerOff-plan
AED 1,955,000AED 2,238 per sqft

Source: Dubai Land Department. Updated 5 December 2025.

Key facts

Type
1-bed apartment
Size
874 sqft
Floor
5th of 22
Parking
P3-18
Developer
MAG
Completed
2020
Service charge
AED 20,100 /yr
Last sold
AED 1.96M · December 2020
Building
MAG 318 Tower

About 510, MAG 318 Tower

510 is a one-bedroom apartment of 874 sqft on the 5th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. The developer sold it on 15 December 2020 for AED 1,955,000, or AED 2,238 per sqft, 7% above the AED 2,086 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 5 December 2025, is AED 130,000 a year: a gross yield of 6.7% on the 2020 price, before the service charge of about AED 20,100 a year.

Sales and rents for 510 over time

Sales
Unit 510, each saleTypical one-bed in MAG 318 Tower
1.5M2M2018202120242027Typical sale price by year: 2018 AED 1,486,232; 2019 AED 1,462,000; 2020 AED 2,050,000; 2021 AED 1,594,787; 2026 AED 1,732,516Sold by developer, December 2020: AED 1,955,000 (AED 2,238 per sqft)

510 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 510, each contractTypical one-bed in MAG 318 Tower
75K100K125K2021202320252027Typical rent by year: 2021 AED 83,000; 2022 AED 95,000; 2023 AED 105,000; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 95,000New contract, June 2021: AED 75,000 a yearNew contract, August 2022: AED 80,000 a yearNew contract, December 2025: AED 130,000 a year

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 510 sits

All 48 1-beds →

510 last sold in December 2020 at AED 2,238 per sqft, 7% above 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. 510's AED 130,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jul 20261,732,516
1 Jul 20261,750,000
22 Jan 20261,710,000
18 Sep 20251,570,000
3 1-bed 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 5th floor

All 439 units in MAG 318 Tower
Value
5011-bedAED 1.58M · Aug 2024
5022-bedAED 1.59M · Apr 2021
503StudioAED 745K · Nov 2021
504StudioAED 690K · Jun 2021
505StudioAED 787K · Jan 2018
506StudioAED 780K · Mar 2019
507StudioAED 787K · Jan 2019
1–7 of 21

510, MAG 318 Tower in numbers

  • Sold once: by MAG on 15 December 2020 for AED 1,955,000, or AED 2,238 per sqft.
  • Rented since June 2021 on 3 Ejari contracts, from AED 75,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2020 price is 6.7%, before a service charge of about AED 20,100 a year (AED 23.06 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 5 December 2025.

Questions about 510, MAG 318 Tower

What did unit 510 last sell for?

AED 1,955,000 on 15 December 2020, sold by the developer: AED 2,238 per sqft for 874 sqft. It is the only registered sale of the unit.

What is the rent for unit 510?

AED 130,000 a year on the contract signed on 5 December 2025. The previous contract, from August 2022, was AED 80,000; the unit has been rented since June 2021.

How big is unit 510?

874 sqft (81.2 sqm): a one-bedroom apartment on the 5th floor of a 22-storey tower completed in 2020.

What is unit 510 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 510, MAG 318 Tower

Starts from the last sale price (AED 1.96M, 15 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,955,000
Deposit, UAE resident (20%)
AED 391,000
Deposit, non-resident (40%)
AED 782,000
Monthly over 25 years at 3.7%
AED 7,999

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