2-bed · 967 sqftMAG 318 Tower, Business Bay · 7th floor · completed 2020

711, MAG 318 Tower

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold 4 times, last in September 2026, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 711

Unit 711 · DLD and Ejari recordsUpdated 16 September 2026

Last soldAED 2M16 September 2026

Current rentAED 155K /yr4 March 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 711

Property timeline for 711, MAG 318 Tower

Today

What is 711 worth today?

Last sold for AED 2,000,000 in 2026

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Sep 2026

16 Sep 2026SoldReady

AED 2,000,000AED 2,069 per sqft

4 Mar 2026

4 Mar 2026RentedNew contract

AED 155,000/yr12 months · AED 160 per sqft

26 Feb 2025

26 Feb 2025SoldReady

AED 2,050,000AED 2,120 per sqft

12 Oct 2022

12 Oct 2022SoldReady

AED 2,050,000AED 2,120 per sqft

6 Sep 2022

6 Sep 2022RentedRenewal

AED 115,500/yr12 months · AED 119 per sqft

6 Sep 2021

6 Sep 2021RentedNew contract

AED 105,000/yr12 months · AED 109 per sqft

3 Jun 2021

3 Jun 2021Sold by developerReady

AED 2,050,000AED 2,120 per sqft

Source: Dubai Land Department. Updated 16 September 2026.

Key facts

Type: 2-bed apartment
Size: 967 sqft
Floor: 7th of 22
Parking: P3-63
Developer: MAG
Completed: 2020
Service charge: AED 22,300 /yr
Last sold: AED 2M · September 2026
Building: MAG 318 Tower

About 711, MAG 318 Tower

711 is a two-bedroom apartment of 967 sqft on the 7th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 16 September 2026 for AED 2,000,000, or AED 2,069 per sqft, in line with the AED 2,068 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 4 March 2026, is AED 155,000 a year: a gross yield of 7.8% on the 2026 price, before the service charge of about AED 22,300 a year.

Sales and rents for 711 over time

Sales

Unit 711, each saleTypical two-bed in MAG 318 Tower

711 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents

Unit 711, each contractTypical two-bed in MAG 318 Tower

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 711 sits

All 75 2-beds →

2-beds in MAG 318 Tower · last 12 months2,068 /sqft MAG 318 Tower · all types2,286 /sqft

711 last sold in September 2026 at AED 2,069 per sqft, in line with what two-beds in MAG 318 Tower were fetching at the time (AED 2,068). 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. 711's AED 155,000 is in the upper half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
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
28 Aug 202528 August 2025	967 sqft	2,150,000	2,223

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 7th floor

All 439 units in MAG 318 Tower


701	1-bed	812 sqft	AED 1.46MAED 1,460,592 · Jul 2018July 2018	90,000 /yr
702	2-bed	967 sqft	AED 2.25MAED 2,250,000 · Dec 2020December 2020	160,000 /yr
703	Studio	438 sqft	AED 680KAED 680,000 · Jun 2021June 2021
704	Studio	433 sqft	AED 1.1MAED 1,100,000 · Dec 2024December 2024	54,271 /yr
705	Studio	432 sqft	AED 794KAED 793,656 · Mar 2018March 2018	70,000 /yr
706	Studio	433 sqft	AED 1.01MAED 1,010,000 · Jun 2021June 2021	78,000 /yr
707	Studio	432 sqft	AED 980KAED 980,000 · Feb 2024February 2024	80,000 /yr
708	Studio	433 sqft	AED 785KAED 785,000 · Jun 2018June 2018	71,820 /yr
709	Studio	434 sqft	AED 780KAED 780,000 · Jun 2018June 2018	80,000 /yr
710	1-bed	874 sqft	AED 1.53MAED 1,526,610 · Nov 2020November 2020	88,000 /yr
712	1-bed	982 sqft	AED 2.05MAED 2,050,000 · Dec 2020December 2020	135,000 /yr
713	2-bed	1,044 sqft	AED 1.84MAED 1,840,466 · Jan 2021January 2021	120,000 /yr
714	1-bed	890 sqft	AED 1.46MAED 1,460,000 · Jul 2023July 2023	125,000 /yr
715	Studio	442 sqft	AED 1.05MAED 1,050,000 · Feb 2024February 2024	80,000 /yr
716	Studio	441 sqft	AED 1MAED 1,000,000 · May 2023May 2023	55,000 /yr
717	Studio	440 sqft	AED 779KAED 778,916 · Apr 2019April 2019	77,000 /yr
718	Studio	441 sqft	AED 795KAED 794,812 · Jul 2018July 2018	78,000 /yr
719	Studio	440 sqft	AED 1.1MAED 1,100,000 · Jun 2025June 2025	84,000 /yr
720	Studio	441 sqft	AED 680KAED 680,000 · Nov 2021November 2021	80,000 /yr
721	Studio	446 sqft	AED 771KAED 770,968 · Sep 2018September 2018	85,000 /yr
722	2-bed	1,042 sqft	AED 2.25MAED 2,250,000 · Dec 2020December 2020	165,000 /yr

1–7 of 21

711, MAG 318 Tower in numbers

Sold 4 times: first on 3 June 2021 for AED 2,050,000, last on 16 September 2026 for AED 2,000,000 (AED 2,069 per sqft).
Rented since September 2021 on 3 Ejari contracts, from AED 105,000 to AED 155,000 a year.
At AED 155,000 a year the gross yield on the 2026 price is 7.8%, before a service charge of about AED 22,300 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 16 September 2026.

Questions about 711, MAG 318 Tower

What did unit 711 last sell for?

AED 2,000,000 on 16 September 2026: AED 2,069 per sqft for 967 sqft. The unit has 4 registered sales; the first was AED 2,050,000 in June 2021.

What is the rent for unit 711?

AED 155,000 a year on the contract signed on 4 March 2026. The previous contract, from September 2022, was AED 115,500; the unit has been rented since September 2021.

How big is unit 711?

967 sqft (89.8 sqm): a two-bedroom apartment on the 7th floor of a 22-storey tower completed in 2020.

What is unit 711 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.

Selling 711? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 711, MAG 318 Tower

Starts from the last sale price (AED 2M, 16 September 2026). Switch to today's estimate once you have unlocked it.

Price: AED 2,000,000
Deposit, UAE resident (20%): AED 400,000
Deposit, non-resident (40%): AED 800,000
Monthly over 25 years at 3.7%: AED 8,183

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