902, MAG 318 Tower
Sold prices and rental history: sold once, by the developer in July 2018, 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 902, MAG 318 Tower
What is 902 worth today?
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Source: Dubai Land Department. Updated 4 April 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 967 sqft
- Floor
- 9th of 22
- Parking
- P3-111
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 22,300 /yr
- Last sold
- AED 1.78M · July 2018
- Building
- MAG 318 Tower
About 902, MAG 318 Tower
902 is a two-bedroom apartment of 967 sqft on the 9th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. The developer sold it on 30 July 2018 for AED 1,781,294, or AED 1,842 per sqft, in line with the AED 1,808 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 4 April 2026, is AED 160,000 a year: a gross yield of 9.0% on the 2018 price, before the service charge of about AED 22,300 a year.
Sales and rents for 902 over time
902 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 902 sits
All 75 2-beds →902 last sold in July 2018 at AED 1,842 per sqft, in line with what two-beds in MAG 318 Tower were fetching at the time (AED 1,808). 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. 902's AED 160,000 is in the upper 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 9th floor
All 439 units in MAG 318 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 1-bed | 819 sqft | AED 1.52MAED 1,524,330 · Sep 2020September 2020 | 90,000 /yr | |
| 903 | Studio | 438 sqft | AED 753KAED 752,500 · Jan 2019January 2019 | 76,000 /yr | |
| 904 | Studio | 433 sqft | AED 945KAED 945,000 · Dec 2023December 2023 | 19,945 /yr | |
| 905 | Studio | 432 sqft | AED 763KAED 763,000 · Dec 2017December 2017 | 56,000 /yr | |
| 906 | Studio | 433 sqft | AED 794KAED 794,181 · May 2018May 2018 | 90,000 /yr | |
| 907 | Studio | 432 sqft | AED 684KAED 683,616 · Sep 2021September 2021 | 60,000 /yr | |
| 908 | Studio | 433 sqft | AED 920KAED 920,000 · Aug 2026August 2026 | 90,000 /yr | |
| 909 | Studio | 433 sqft | AED 800KAED 800,000 · May 2022May 2022 | ||
| 910 | Studio | 432 sqft | AED 900KAED 900,000 · May 2023May 2023 | 55,000 /yr | |
| 911 | Studio | 436 sqft | AED 779KAED 778,619 · May 2019May 2019 | 55,000 /yr | |
| 912 | 2-bed | 966 sqft | AED 2.25MAED 2,250,000 · Dec 2020December 2020 | 105,000 /yr | |
| 913 | 1-bed | 982 sqft | AED 2.05MAED 2,050,000 · Dec 2020December 2020 | 90,000 /yr | |
| 914 | 2-bed | 1,045 sqft | AED 1.9MAED 1,904,413 · Jan 2021January 2021 | 118,000 /yr | |
| 915 | Studio | 444 sqft | AED 1.21MAED 1,210,000 · Jul 2025July 2025 | 120,000 /yr | |
| 916 | Studio | 440 sqft | AED 925KAED 925,000 · Jan 2023January 2023 | ||
| 917 | Studio | 441 sqft | AED 1.06MAED 1,060,000 · Aug 2025August 2025 | 78,000 /yr | |
| 918 | Studio | 441 sqft | AED 970KAED 969,500 · Oct 2022October 2022 | 58,000 /yr | |
| 919 | Studio | 440 sqft | AED 623KAED 622,500 · Mar 2021March 2021 | ||
| 920 | Studio | 441 sqft | AED 660KAED 660,000 · Aug 2021August 2021 | ||
| 921 | Studio | 440 sqft | AED 1.07MAED 1,070,000 · Sep 2024September 2024 | 64,000 /yr | |
| 922 | Studio | 221 sqft | AED 773KAED 773,000 · Dec 2017December 2017 | 90,000 /yr | |
| 923 | Studio | 446 sqft | AED 780KAED 780,000 · Dec 2017December 2017 | 70,000 /yr | |
| 924 | 2-bed | 1,043 sqft | AED 2.14MAED 2,140,920 · Nov 2020November 2020 | 110,000 /yr |
902, MAG 318 Tower in numbers
- Sold once: by MAG on 30 July 2018 for AED 1,781,294, or AED 1,842 per sqft.
- Rented since September 2021 on 6 Ejari contracts, from AED 115,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2018 price is 9.0%, 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 4 April 2026.
Questions about 902, MAG 318 Tower
What did unit 902 last sell for?
AED 1,781,294 on 30 July 2018, sold by the developer: AED 1,842 per sqft for 967 sqft. It is the only registered sale of the unit.
What is the rent for unit 902?
AED 160,000 a year on the contract signed on 4 April 2026. The previous contract, from February 2025, was AED 160,000; the unit has been rented since September 2021.
How big is unit 902?
967 sqft (89.8 sqm): a two-bedroom apartment on the 9th floor of a 22-storey tower completed in 2020.
What is unit 902 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 902, MAG 318 Tower
Starts from the last sale price (AED 1.78M, 30 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,781,294
- Deposit, UAE resident (20%)
- AED 356,259
- Deposit, non-resident (40%)
- AED 712,518
- Monthly over 25 years at 3.7%
- AED 7,288
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →