
522, MAG 318 Tower
Sold prices and rental history: sold once, by the developer in January 2021, 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 522, MAG 318 Tower
What is 522 worth today?
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Source: Dubai Land Department. Updated 29 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,042 sqft
- Floor
- 5th of 22
- Parking
- P3-30
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 24,000 /yr
- Last sold
- AED 1.86M · January 2021
- Building
- MAG 318 Tower
About 522, MAG 318 Tower
522 is a two-bedroom apartment of 1,042 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 5 January 2021 for AED 1,856,292, or AED 1,782 per sqft, 18% below the AED 2,180 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 29 October 2026, is AED 110,000 a year: a gross yield of 5.9% on the 2021 price, before the service charge of about AED 24,000 a year.
Sales and rents for 522 over time
522 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in MAG 318 Tower, and where 522 sits
All 75 2-beds →522 last sold in January 2021 at AED 1,782 per sqft, 18% below what two-beds in MAG 318 Tower were fetching at the time (AED 2,180). Over the last 12 months two-beds sold for AED 2,000,000 to 2,800,000, around AED 2,068 per sqft, and rent for AED 85,000 to 166,000 a year. 522's AED 110,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Sep 202616 September 2026 | 967 sqft | 2,000,000 | 2,069 | ||
| 14 Sep 202614 September 2026 | 1,602 sqft | 2,800,000 | 1,747 | ||
| 12 Feb 202612 February 2026 | 967 sqft | 2,000,000 | 2,068 | ||
| 29 Aug 202529 August 2025 | 1,043 sqft | 2,250,000 | 2,156 |
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 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 | |
| 519 | Studio | 440 sqft | AED 1.23MAED 1,225,000 · Jul 2025July 2025 | 84,000 /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, MAG 318 Tower in numbers
- Sold once: by MAG on 5 January 2021 for AED 1,856,292, or AED 1,782 per sqft.
- Rented since July 2021 on 5 Ejari contracts, from AED 109,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2021 price is 5.9%, before a service charge of about AED 24,000 a year (AED 23.06 per sqft).
- Two-beds in MAG 318 Tower sold for AED 2,000,000–2,800,000 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 29 October 2026.
Questions about 522, MAG 318 Tower
What did unit 522 last sell for?
AED 1,856,292 on 5 January 2021, sold by the developer: AED 1,782 per sqft for 1,042 sqft. It is the only registered sale of the unit.
What is the rent for unit 522?
AED 110,000 a year on the contract signed on 29 October 2026. The previous contract, from November 2024, was AED 135,000; the unit has been rented since July 2021.
How big is unit 522?
1,042 sqft (96.8 sqm): a two-bedroom apartment on the 5th floor of a 22-storey tower completed in 2020.
What is unit 522 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 318 Tower sold for AED 2,000,000 to 2,800,000 in the last 12 months, around AED 2,068 per sqft.
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Mortgage on 522, MAG 318 Tower
Starts from the last sale price (AED 1.86M, 5 January 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,856,292
- Deposit, UAE resident (20%)
- AED 371,258
- Deposit, non-resident (40%)
- AED 742,517
- Monthly over 25 years at 3.7%
- AED 7,595
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →