802, MAG 318 Tower
Sold prices and rental history: sold once, by the developer in November 2020, 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 802, MAG 318 Tower
What is 802 worth today?
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Source: Dubai Land Department. Updated 20 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 967 sqft
- Floor
- 8th of 22
- Parking
- P3-86
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 22,300 /yr
- Last sold
- AED 1.85M · November 2020
- Building
- MAG 318 Tower
About 802, MAG 318 Tower
802 is a two-bedroom apartment of 967 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 4 November 2020 for AED 1,848,603, or AED 1,912 per sqft, in line with the AED 1,919 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 20 May 2026, is AED 120,000 a year: a gross yield of 6.5% on the 2020 price, before the service charge of about AED 22,300 a year.
Sales and rents for 802 over time
802 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 802 sits
All 75 2-beds →802 last sold in November 2020 at AED 1,912 per sqft, in line with what two-beds in MAG 318 Tower were fetching at the time (AED 1,919). 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. 802's AED 120,000 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 8th floor
All 439 units in MAG 318 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 1-bed | 819 sqft | AED 1.55MAED 1,553,663 · Mar 2020March 2020 | 85,000 /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 |
802, MAG 318 Tower in numbers
- Sold once: by MAG on 4 November 2020 for AED 1,848,603, or AED 1,912 per sqft.
- Rented since July 2021 on 6 Ejari contracts, from AED 100,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2020 price is 6.5%, 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 20 May 2026.
Questions about 802, MAG 318 Tower
What did unit 802 last sell for?
AED 1,848,603 on 4 November 2020, sold by the developer: AED 1,912 per sqft for 967 sqft. It is the only registered sale of the unit.
What is the rent for unit 802?
AED 120,000 a year on the contract signed on 20 May 2026. The previous contract, from September 2025, was AED 130,000; the unit has been rented since July 2021.
How big is unit 802?
967 sqft (89.8 sqm): a two-bedroom apartment on the 8th floor of a 22-storey tower completed in 2020.
What is unit 802 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 802, MAG 318 Tower
Starts from the last sale price (AED 1.85M, 4 November 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,848,603
- Deposit, UAE resident (20%)
- AED 369,721
- Deposit, non-resident (40%)
- AED 739,441
- Monthly over 25 years at 3.7%
- AED 7,563
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →