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2-bed · 1,044 sqftMAG 318 Tower, Business Bay · 6th floor · completed 2020

613, MAG 318 Tower

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 613 · DLD and Ejari recordsUpdated 5 October 2026
Last soldAED 1.36M21 November 2022
Current rentAED 145K /yr5 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 613, MAG 318 Tower

What is 613 worth today?

Last sold for AED 1,357,005 in 2022

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5 Oct 2026RentedNew contract
AED 145,000/yr12 months · AED 139 per sqft
1 Sep 2025RentedNew contract
AED 140,000/yr12 months · AED 134 per sqft
5 Mar 2024RentedNew contract
AED 165,000/yr12 months · AED 158 per sqft
6 Feb 2023RentedNew contract
AED 155,000/yr12 months · AED 148 per sqft
21 Nov 2022SoldReady
AED 1,357,005AED 1,300 per sqft
28 Jul 2021Sold by developerReady
AED 1,357,005AED 1,300 per sqft

Source: Dubai Land Department. Updated 5 October 2026.

Key facts

Type
2-bed apartment
Size
1,044 sqft
Floor
6th of 22
Parking
P3-43
Developer
MAG
Completed
2020
Service charge
AED 24,100 /yr
Last sold
AED 1.36M · November 2022
Building
MAG 318 Tower

About 613, MAG 318 Tower

613 is a two-bedroom apartment of 1,044 sqft on the 6th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 21 November 2022 for AED 1,357,005, or AED 1,300 per sqft, 3% below the AED 1,342 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 5 October 2026, is AED 145,000 a year: a gross yield of 10.7% on the 2022 price, before the service charge of about AED 24,100 a year.

Sales and rents for 613 over time

Sales
Unit 613, each saleTypical two-bed in MAG 318 Tower
1.5M2M2018202120242027Typical sale price by year: 2018 AED 1,781,294; 2019 AED 1,782,000; 2020 AED 2,250,000; 2021 AED 1,855,087; 2022 AED 1,357,005; 2024 AED 2,120,000; 2025 AED 2,100,000; 2026 AED 2,000,000Sold by developer, July 2021: AED 1,357,005 (AED 1,300 per sqft)Sold, November 2022: AED 1,357,005 (AED 1,300 per sqft)

613 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 613, each contractTypical two-bed in MAG 318 Tower
100K150K2021202320252027Typical rent by year: 2021 AED 100,000; 2022 AED 120,000; 2023 AED 125,000; 2024 AED 143,000; 2025 AED 145,000; 2026 AED 136,764New contract, February 2023: AED 155,000 a yearNew contract, March 2024: AED 165,000 a yearNew contract, September 2025: AED 140,000 a yearNew contract, October 2026: AED 145,000 a year

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 613 sits

All 75 2-beds →

613 last sold in November 2022 at AED 1,300 per sqft, 3% below what two-beds in MAG 318 Tower were fetching at the time (AED 1,342). 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. 613's AED 145,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Sep 20262,000,000
14 Sep 20262,800,000
12 Feb 20262,000,000
29 Aug 20252,250,000
3 2-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 6th floor

All 439 units in MAG 318 Tower
Value
6011-bedAED 1.1M · Jul 2021
6022-bedAED 2.25M · Dec 2020
603StudioAED 756K · May 2018
604StudioAED 940K · Jun 2023
605StudioAED 1.08M · Dec 2020
606StudioAED 874K · Nov 2019
607StudioAED 775K · Jul 2018
1–7 of 21

613, MAG 318 Tower in numbers

  • Sold twice: first on 28 July 2021 for AED 1,357,005, last on 21 November 2022 for AED 1,357,005 (AED 1,300 per sqft).
  • Rented since February 2023 on 4 Ejari contracts, from AED 155,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2022 price is 10.7%, before a service charge of about AED 24,100 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 5 October 2026.

Questions about 613, MAG 318 Tower

What did unit 613 last sell for?

AED 1,357,005 on 21 November 2022: AED 1,300 per sqft for 1,044 sqft. The unit has 2 registered sales; the first was AED 1,357,005 in July 2021.

What is the rent for unit 613?

AED 145,000 a year on the contract signed on 5 October 2026. The previous contract, from September 2025, was AED 140,000; the unit has been rented since February 2023.

How big is unit 613?

1,044 sqft (97.0 sqm): a two-bedroom apartment on the 6th floor of a 22-storey tower completed in 2020.

What is unit 613 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 613, MAG 318 Tower

Starts from the last sale price (AED 1.36M, 21 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,357,005
Deposit, UAE resident (20%)
AED 271,401
Deposit, non-resident (40%)
AED 542,802
Monthly over 25 years at 3.7%
AED 5,552

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