903, MAG 318 Tower
Sold prices and rental history: sold once, by the developer in January 2019, 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 903, MAG 318 Tower
What is 903 worth today?
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Source: Dubai Land Department. Updated 29 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 438 sqft
- Floor
- 9th of 22
- Parking
- P2-01
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,100 /yr
- Last sold
- AED 753K · January 2019
- Building
- MAG 318 Tower
About 903, MAG 318 Tower
903 is a studio of 438 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 13 January 2019 for AED 752,500, or AED 1,717 per sqft, 4% below the AED 1,796 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 29 September 2026, is AED 76,000 a year: a gross yield of 10.1% on the 2019 price, before the service charge of about AED 10,100 a year.
Sales and rents for 903 over time
903 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 903 sits
All 316 studios →903 last sold in January 2019 at AED 1,717 per sqft, 4% below what studios in MAG 318 Tower were fetching at the time (AED 1,796). 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. 903's AED 76,000 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 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 | |
| 902 | 2-bed | 967 sqft | AED 1.78MAED 1,781,294 · Jul 2018July 2018 | 160,000 /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 |
903, MAG 318 Tower in numbers
- Sold once: by MAG on 13 January 2019 for AED 752,500, or AED 1,717 per sqft.
- Rented since July 2021 on 6 Ejari contracts, from AED 48,000 to AED 76,000 a year.
- At AED 76,000 a year the gross yield on the 2019 price is 10.1%, before a service charge of about AED 10,100 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 29 September 2026.
Questions about 903, MAG 318 Tower
What did unit 903 last sell for?
AED 752,500 on 13 January 2019, sold by the developer: AED 1,717 per sqft for 438 sqft. It is the only registered sale of the unit.
What is the rent for unit 903?
AED 76,000 a year on the contract signed on 29 September 2026. The previous contract, from September 2025, was AED 71,202; the unit has been rented since July 2021.
How big is unit 903?
438 sqft (40.7 sqm): a studio on the 9th floor of a 22-storey tower completed in 2020.
What is unit 903 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 903, MAG 318 Tower
Starts from the last sale price (AED 753K, 13 January 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 752,500
- Deposit, UAE resident (20%)
- AED 150,500
- Deposit, non-resident (40%)
- AED 301,000
- Monthly over 25 years at 3.7%
- AED 3,079
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →