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Studio · 432 sqftMAG 318 Tower, Business Bay · 9th floor · completed 2020

905, MAG 318 Tower

Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 905 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 763K26 December 2017
Current rentAED 56K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 905, MAG 318 Tower

What is 905 worth today?

Last sold for AED 763,000 in 2017

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1 Oct 2026RentedNew contract
AED 56,000/yr12 months · AED 130 per sqft
10 Sep 2025RentedNew contract
AED 72,000/yr12 months · AED 167 per sqft
1 Aug 2023RentedRenewal
AED 62,000/yr12 months · AED 144 per sqft
1 Aug 2022RentedNew contract
AED 62,000/yr12 months · AED 144 per sqft
26 Dec 2017Sold by developerOff-plan
AED 763,000AED 1,767 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
432 sqft
Floor
9th of 22
Parking
P2-03
Developer
MAG
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 763K · December 2017
Building
MAG 318 Tower

About 905, MAG 318 Tower

905 is a studio of 432 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 26 December 2017 for AED 763,000, or AED 1,767 per sqft, in line with the AED 1,767 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 October 2026, is AED 56,000 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 10,000 a year.

Sales and rents for 905 over time

Sales
Unit 905, each saleTypical studio in MAG 318 Tower
800K1M2017202020232026Typical sale price by year: 2017 AED 776,165; 2018 AED 787,488; 2019 AED 791,651; 2020 AED 870,514; 2021 AED 750,000; 2022 AED 850,000; 2023 AED 945,000; 2024 AED 1,030,000; 2025 AED 1,077,500; 2026 AED 995,000Sold by developer, December 2017: AED 763,000 (AED 1,767 per sqft)

905 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 905, each contractTypical studio in MAG 318 Tower
60K2021202320252027Typical rent by year: 2021 AED 52,000; 2022 AED 64,465; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 60,000New contract, August 2022: AED 62,000 a yearRenewal, August 2023: AED 62,000 a yearNew contract, September 2025: AED 72,000 a yearNew contract, October 2026: AED 56,000 a year

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 905 sits

All 316 studios →

905 last sold in December 2017 at AED 1,767 per sqft, in line with what studios in MAG 318 Tower were fetching at the time (AED 1,767). 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. 905's AED 56,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Oct 2026850,000
27 Aug 2026920,000
7 Aug 2026850,000
21 Jul 2026850,000
21 studio 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 9th floor

All 439 units in MAG 318 Tower
Value
9011-bedAED 1.52M · Sep 2020
9022-bedAED 1.78M · Jul 2018
903StudioAED 753K · Jan 2019
904StudioAED 945K · Dec 2023
906StudioAED 794K · May 2018
907StudioAED 684K · Sep 2021
908StudioAED 920K · Aug 2026
1–7 of 23

905, MAG 318 Tower in numbers

  • Sold once: by MAG on 26 December 2017 for AED 763,000, or AED 1,767 per sqft.
  • Rented since August 2022 on 4 Ejari contracts, from AED 62,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2017 price is 7.3%, 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 1 October 2026.

Questions about 905, MAG 318 Tower

What did unit 905 last sell for?

AED 763,000 on 26 December 2017, sold by the developer: AED 1,767 per sqft for 432 sqft. It is the only registered sale of the unit.

What is the rent for unit 905?

AED 56,000 a year on the contract signed on 1 October 2026. The previous contract, from September 2025, was AED 72,000; the unit has been rented since August 2022.

How big is unit 905?

432 sqft (40.1 sqm): a studio on the 9th floor of a 22-storey tower completed in 2020.

What is unit 905 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 905, MAG 318 Tower

Starts from the last sale price (AED 763K, 26 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 763,000
Deposit, UAE resident (20%)
AED 152,600
Deposit, non-resident (40%)
AED 305,200
Monthly over 25 years at 3.7%
AED 3,122

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