1-bed · 819 sqftMAG 318 Tower, Business Bay · 8th floor · completed 2020

801, 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 once, by the developer in March 2020, 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 801 · DLD and Ejari recordsUpdated 3 October 2026

Last soldAED 1.55M3 March 2020

Current rentAED 85K /yr3 October 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 801, MAG 318 Tower

Today

What is 801 worth today?

Last sold for AED 1,553,663 in 2020

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3 Oct 2026

3 Oct 2026RentedNew contract

AED 85,000/yr12 months · AED 104 per sqft

17 Aug 2026

17 Aug 2026RentedNew contract

AED 90,000/yr12 months · AED 110 per sqft

16 Jul 2026

16 Jul 2026RentedNew contract

AED 90,000/yr12 months · AED 110 per sqft

16 Jul 2026

16 Jul 2026RentedNew contract

AED 90,000/yr12 months · AED 110 per sqft

13 Jul 2026

13 Jul 2026RentedNew contract

AED 85,000/yr12 months · AED 104 per sqft

1 Dec 2025

1 Dec 2025RentedRenewal

AED 95,000/yr12 months · AED 116 per sqft

1 Dec 2025

1 Dec 2025RentedRenewal

AED 115,000/yr12 months · AED 141 per sqft

1 Dec 2024

1 Dec 2024RentedNew contract

AED 115,000/yr12 months · AED 141 per sqft

Source: Dubai Land Department. Updated 3 October 2026.

Key facts

Type: 1-bed apartment
Size: 819 sqft
Floor: 8th of 22
Parking: P3-85
Developer: MAG
Completed: 2020
Service charge: AED 18,900 /yr
Last sold: AED 1.55M · March 2020
Building: MAG 318 Tower

About 801, MAG 318 Tower

801 is a one-bedroom apartment of 819 sqft on the 8th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. The developer sold it on 3 March 2020 for AED 1,553,663, or AED 1,896 per sqft, 4% above the AED 1,825 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 11 Ejari contracts. The current contract, signed on 3 October 2026, is AED 85,000 a year: a gross yield of 5.5% on the 2020 price, before the service charge of about AED 18,900 a year.

Sales and rents for 801 over time

Sales

Unit 801, each saleTypical one-bed in MAG 318 Tower

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

Rents

Unit 801, 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 801 sits

All 48 1-beds →

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

801 last sold in March 2020 at AED 1,896 per sqft, 4% above what one-beds in MAG 318 Tower were fetching at the time (AED 1,825). 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. 801's AED 85,000 is in the lower 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 8th floor

All 439 units in MAG 318 Tower


802	2-bed	967 sqft	AED 1.85MAED 1,848,603 · Nov 2020November 2020	120,000 /yr
803	Studio	438 sqft	AED 780KAED 780,000 · Nov 2018November 2018	73,000 /yr
804	Studio	433 sqft	AED 780KAED 780,000 · Jun 2018June 2018
805	Studio	432 sqft	AED 780KAED 780,000 · Sep 2018September 2018	80,000 /yr
806	Studio	433 sqft	AED 779KAED 779,220 · Nov 2021November 2021	55,000 /yr
807	Studio	432 sqft	AED 753KAED 753,000 · Jul 2018July 2018	80,000 /yr
808	Studio	433 sqft	AED 802KAED 801,817 · Apr 2018April 2018	70,000 /yr
809	Studio	433 sqft	AED 752KAED 752,000 · May 2018May 2018	60,000 /yr
810	Studio	432 sqft	AED 780KAED 780,000 · Sep 2018September 2018	70,000 /yr
811	Studio	436 sqft	AED 870KAED 870,000 · Aug 2022August 2022	55,000 /yr
812	2-bed	966 sqft	AED 2.25MAED 2,250,000 · Dec 2020December 2020	155,000 /yr
813	1-bed	982 sqft	AED 2.05MAED 2,050,000 · Dec 2020December 2020
814	2-bed	1,045 sqft	AED 2.25MAED 2,250,000 · Dec 2020December 2020	155,000 /yr
815	Studio	444 sqft	AED 759KAED 759,000 · Jul 2018July 2018	80,000 /yr
816	Studio	440 sqft	AED 920KAED 920,000 · Aug 2022August 2022
817	Studio	441 sqft	AED 1.06MAED 1,060,000 · Apr 2024April 2024	60,000 /yr
818	Studio	441 sqft	AED 753KAED 753,000 · Jun 2018June 2018	72,000 /yr
819	Studio	440 sqft	AED 796KAED 795,789 · Jun 2018June 2018	72,000 /yr
820	Studio	441 sqft	AED 1MAED 1,000,000 · Jul 2023July 2023	88,000 /yr
821	Studio	440 sqft	AED 716KAED 716,346 · Sep 2021September 2021	84,000 /yr
822	Studio	441 sqft	AED 794KAED 794,000 · Nov 2019November 2019
823	Studio	446 sqft	AED 825KAED 825,492 · May 2018May 2018	70,000 /yr
824	2-bed	1,043 sqft	AED 2.3MAED 2,300,000 · Dec 2020December 2020	144,225 /yr

1–7 of 23

801, MAG 318 Tower in numbers

Sold once: by MAG on 3 March 2020 for AED 1,553,663, or AED 1,896 per sqft.
Rented since July 2021 on 11 Ejari contracts, from AED 82,000 to AED 85,000 a year.
At AED 85,000 a year the gross yield on the 2020 price is 5.5%, before a service charge of about AED 18,900 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 3 October 2026.

Questions about 801, MAG 318 Tower

What did unit 801 last sell for?

AED 1,553,663 on 3 March 2020, sold by the developer: AED 1,896 per sqft for 819 sqft. It is the only registered sale of the unit.

What is the rent for unit 801?

AED 85,000 a year on the contract signed on 3 October 2026. The previous contract, from August 2026, was AED 90,000; the unit has been rented since July 2021.

How big is unit 801?

819 sqft (76.1 sqm): a one-bedroom apartment on the 8th floor of a 22-storey tower completed in 2020.

What is unit 801 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 801, MAG 318 Tower

Starts from the last sale price (AED 1.55M, 3 March 2020). Switch to today's estimate once you have unlocked it.

Price: AED 1,553,663
Deposit, UAE resident (20%): AED 310,733
Deposit, non-resident (40%): AED 621,465
Monthly over 25 years at 3.7%: AED 6,357

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