519, MAG 318 Tower
Sold prices and rental history: sold 3 times, last in July 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 519, MAG 318 Tower
What is 519 worth today?
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Source: Dubai Land Department. Updated 7 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 440 sqft
- Floor
- 5th of 22
- Parking
- P3-27
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,100 /yr
- Last sold
- AED 1.23M · July 2025
- Building
- MAG 318 Tower
About 519, MAG 318 Tower
519 is a studio of 440 sqft on the 5th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 7 July 2025 for AED 1,225,000, or AED 2,785 per sqft, 15% above the AED 2,432 studios in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 30 May 2025, is AED 84,000 a year: a gross yield of 6.9% on the 2025 price, before the service charge of about AED 10,100 a year.
Sales and rents for 519 over time
519 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 519 sits
All 316 studios →519 last sold in July 2025 at AED 2,785 per sqft, 15% above what studios in MAG 318 Tower were fetching at the time (AED 2,432). 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. 519's AED 84,000 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 78K /yr
- Typical yield
- 6.1%
Other units on the 5th floor
All 439 units in MAG 318 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 821 sqft | AED 1.58MAED 1,580,000 · Aug 2024August 2024 | 110,000 /yr | |
| 502 | 2-bed | 967 sqft | AED 1.59MAED 1,590,765 · Apr 2021April 2021 | 125,000 /yr | |
| 503 | Studio | 438 sqft | AED 745KAED 745,000 · Nov 2021November 2021 | ||
| 504 | Studio | 433 sqft | AED 690KAED 690,000 · Jun 2021June 2021 | ||
| 505 | Studio | 432 sqft | AED 787KAED 787,097 · Jan 2018January 2018 | 80,000 /yr | |
| 506 | Studio | 433 sqft | AED 780KAED 780,000 · Mar 2019March 2019 | 70,000 /yr | |
| 507 | Studio | 432 sqft | AED 787KAED 787,000 · Jan 2019January 2019 | ||
| 508 | Studio | 433 sqft | AED 775KAED 775,000 · Jul 2018July 2018 | 75,000 /yr | |
| 509 | Studio | 434 sqft | AED 650KAED 650,000 · May 2021May 2021 | 58,000 /yr | |
| 510 | 1-bed | 874 sqft | AED 1.96MAED 1,955,000 · Dec 2020December 2020 | 130,000 /yr | |
| 511 | 2-bed | 967 sqft | AED 2.3MAED 2,300,000 · Dec 2020December 2020 | 100,000 /yr | |
| 512 | 1-bed | 982 sqft | AED 1.65MAED 1,650,000 · Dec 2021December 2021 | 130,000 /yr | |
| 513 | 2-bed | 1,044 sqft | AED 1.85MAED 1,850,000 · Nov 2021November 2021 | 110,000 /yr | |
| 514 | 1-bed | 890 sqft | AED 1.42MAED 1,418,500 · Jun 2019June 2019 | 90,000 /yr | |
| 515 | Studio | 442 sqft | AED 768KAED 767,900 · Dec 2018December 2018 | 80,000 /yr | |
| 516 | Studio | 441 sqft | AED 804KAED 803,500 · May 2019May 2019 | 55,500 /yr | |
| 517 | Studio | 440 sqft | AED 769KAED 768,750 · Apr 2019April 2019 | 69,300 /yr | |
| 518 | Studio | 441 sqft | AED 774KAED 774,441 · Aug 2018August 2018 | 57,000 /yr | |
| 520 | Studio | 441 sqft | AED 775KAED 775,330 · Mar 2020March 2020 | ||
| 521 | Studio | 446 sqft | AED 775KAED 774,600 · Jan 2018January 2018 | 55,000 /yr | |
| 522 | 2-bed | 1,042 sqft | AED 1.86MAED 1,856,292 · Jan 2021January 2021 | 110,000 /yr |
519, MAG 318 Tower in numbers
- Sold 3 times: first on 5 August 2021 for AED 781,453, last on 7 July 2025 for AED 1,225,000 (AED 2,785 per sqft).
- Rented since January 2023 on 3 Ejari contracts, from AED 70,000 to AED 84,000 a year.
- At AED 84,000 a year the gross yield on the 2025 price is 6.9%, 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 7 July 2025.
Questions about 519, MAG 318 Tower
What did unit 519 last sell for?
AED 1,225,000 on 7 July 2025: AED 2,785 per sqft for 440 sqft. The unit has 3 registered sales; the first was AED 781,453 in August 2021.
What is the rent for unit 519?
AED 84,000 a year on the contract signed on 30 May 2025. The previous contract, from May 2025, was AED 84,000; the unit has been rented since January 2023.
How big is unit 519?
440 sqft (40.9 sqm): a studio on the 5th floor of a 22-storey tower completed in 2020.
What is unit 519 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 519, MAG 318 Tower
Starts from the last sale price (AED 1.23M, 7 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,225,000
- Deposit, UAE resident (20%)
- AED 245,000
- Deposit, non-resident (40%)
- AED 490,000
- Monthly over 25 years at 3.7%
- AED 5,012
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →