1-bed · 890 sqftMAG 318 Tower, Business Bay · 7th floor · completed 2020

714, 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 twice, last in July 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 714 · DLD and Ejari recordsUpdated 30 January 2026

Last soldAED 1.46M11 July 2023

Current rentAED 125K /yr30 January 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 714, MAG 318 Tower

Today

What is 714 worth today?

Last sold for AED 1,460,000 in 2023

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30 Jan 2026

30 Jan 2026RentedNew contract

AED 125,000/yr12 months · AED 140 per sqft

27 Apr 2024

27 Apr 2024RentedNew contract

AED 160,000/yr12 months · AED 179 per sqft

11 Jul 2023

11 Jul 2023SoldReady

AED 1,460,000AED 1,640 per sqft

10 Jun 2023

10 Jun 2023RentedRenewal

AED 90,463/yr5 months · AED 102 per sqft

10 Jun 2022

10 Jun 2022RentedRenewal

AED 90,000/yr12 months · AED 101 per sqft

10 Jun 2021

10 Jun 2021RentedNew contract

AED 82,000/yr12 months · AED 92 per sqft

27 May 2019

27 May 2019Sold by developerOff-plan

AED 1,380,000AED 1,550 per sqft

Source: Dubai Land Department. Updated 30 January 2026.

Key facts

Type: 1-bed apartment
Size: 890 sqft
Floor: 7th of 22
Parking: P3-71
Developer: MAG
Completed: 2020
Service charge: AED 20,500 /yr
Last sold: AED 1.46M · July 2023
Building: MAG 318 Tower

About 714, MAG 318 Tower

714 is a one-bedroom apartment of 890 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 11 July 2023 for AED 1,460,000, or AED 1,640 per sqft, 7% below the AED 1,770 one-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 30 January 2026, is AED 125,000 a year: a gross yield of 8.6% on the 2023 price, before the service charge of about AED 20,500 a year.

Sales and rents for 714 over time

Sales

Unit 714, each saleTypical one-bed in MAG 318 Tower

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

Rents

Unit 714, each contractTypical one-bed in MAG 318 Tower

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 714 sits

All 48 1-beds →

1-beds in MAG 318 Tower · last 12 months1,763 /sqft MAG 318 Tower · all types2,286 /sqft

714 last sold in July 2023 at AED 1,640 per sqft, 7% below what one-beds in MAG 318 Tower were fetching at the time (AED 1,770). 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. 714's AED 125,000 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
27 Jul 202627 July 2026	982 sqft	1,732,516	1,763
1 Jul 20261 July 2026	819 sqft	1,750,000	2,136
22 Jan 202622 January 2026	982 sqft	1,710,000	1,740
18 Sep 202518 September 2025	819 sqft	1,570,000	1,916

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 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
711	2-bed	967 sqft	AED 2MAED 2,000,000 · Sep 2026September 2026	155,000 /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
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

714, MAG 318 Tower in numbers

Sold twice: first on 27 May 2019 for AED 1,380,000, last on 11 July 2023 for AED 1,460,000 (AED 1,640 per sqft).
Rented since June 2021 on 5 Ejari contracts, from AED 82,000 to AED 125,000 a year.
At AED 125,000 a year the gross yield on the 2023 price is 8.6%, before a service charge of about AED 20,500 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 30 January 2026.

Questions about 714, MAG 318 Tower

What did unit 714 last sell for?

AED 1,460,000 on 11 July 2023: AED 1,640 per sqft for 890 sqft. The unit has 2 registered sales; the first was AED 1,380,000 in May 2019.

What is the rent for unit 714?

AED 125,000 a year on the contract signed on 30 January 2026. The previous contract, from April 2024, was AED 160,000; the unit has been rented since June 2021.

How big is unit 714?

890 sqft (82.7 sqm): a one-bedroom apartment on the 7th floor of a 22-storey tower completed in 2020.

What is unit 714 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 714, MAG 318 Tower

Starts from the last sale price (AED 1.46M, 11 July 2023). Switch to today's estimate once you have unlocked it.

Price: AED 1,460,000
Deposit, UAE resident (20%): AED 292,000
Deposit, non-resident (40%): AED 584,000
Monthly over 25 years at 3.7%: AED 5,973

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