806, MAG 318 Tower
Sold prices and rental history: sold once, by the developer in November 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 806, MAG 318 Tower
What is 806 worth today?
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Source: Dubai Land Department. Updated 15 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 433 sqft
- Floor
- 8th of 22
- Parking
- P3-90
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,000 /yr
- Last sold
- AED 779K · November 2021
- Building
- MAG 318 Tower
About 806, MAG 318 Tower
806 is a studio of 433 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 2021 for AED 779,220, or AED 1,799 per sqft, in line with the AED 1,773 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 15 September 2026, is AED 55,000 a year: a gross yield of 7.1% on the 2021 price, before the service charge of about AED 10,000 a year.
Sales and rents for 806 over time
806 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in MAG 318 Tower, and where 806 sits
All 316 studios →806 last sold in November 2021 at AED 1,799 per sqft, in line with what studios in MAG 318 Tower were fetching at the time (AED 1,773). Over the last 12 months studios sold for AED 850,000 to 1,160,000, around AED 2,387 per sqft, and rent for AED 50,000 to 120,000 a year. 806's AED 55,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 432 sqft | 850,000 | 1,968 | ||
| 27 Aug 202627 August 2026 | 433 sqft | 920,000 | 2,125 | ||
| 7 Aug 20267 August 2026 | 440 sqft | 850,000 | 1,932 | ||
| 21 Jul 202621 July 2026 | 441 sqft | 850,000 | 1,926 |
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 | |
| 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 | |
| 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 |
806, MAG 318 Tower in numbers
- Sold once: by MAG on 4 November 2021 for AED 779,220, or AED 1,799 per sqft.
- Rented since September 2022 on 5 Ejari contracts, from AED 60,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2021 price is 7.1%, before a service charge of about AED 10,000 a year (AED 23.06 per sqft).
- Studios in MAG 318 Tower sold for AED 850,000–1,160,000 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 15 September 2026.
Questions about 806, MAG 318 Tower
What did unit 806 last sell for?
AED 779,220 on 4 November 2021, sold by the developer: AED 1,799 per sqft for 433 sqft. It is the only registered sale of the unit.
What is the rent for unit 806?
AED 55,000 a year on the contract signed on 15 September 2026. The previous contract, from November 2025, was AED 75,000; the unit has been rented since September 2022.
How big is unit 806?
433 sqft (40.2 sqm): a studio on the 8th floor of a 22-storey tower completed in 2020.
What is unit 806 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 318 Tower sold for AED 850,000 to 1,160,000 in the last 12 months, around AED 2,387 per sqft.
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Mortgage on 806, MAG 318 Tower
Starts from the last sale price (AED 779K, 4 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 779,220
- Deposit, UAE resident (20%)
- AED 155,844
- Deposit, non-resident (40%)
- AED 311,688
- Monthly over 25 years at 3.7%
- AED 3,188
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →