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Studio · 433 sqftMAG 318 Tower, Business Bay · 9th floor · completed 2020

908, MAG 318 Tower

Sold prices and rental history: sold twice, last in August 2026, and rented once, from April 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 908 · DLD and Ejari recordsUpdated 27 August 2026
Last soldAED 920K27 August 2026
Current rentAED 90K /yr5 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 908, MAG 318 Tower

What is 908 worth today?

Last sold for AED 920,000 in 2026

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27 Aug 2026SoldReady
AED 920,000AED 2,125 per sqft
5 Apr 2025RentedNew contract
AED 90,000/yr12 months · AED 209 per sqft
3 Sep 2020Sold by developerOff-plan
AED 779,492AED 1,800 per sqft

Source: Dubai Land Department. Updated 27 August 2026.

Key facts

Type
Studio apartment
Size
433 sqft
Floor
9th of 22
Parking
P2-06
Developer
MAG
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 920K · August 2026
Building
MAG 318 Tower

About 908, MAG 318 Tower

908 is a studio of 433 sqft on the 9th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 27 August 2026 for AED 920,000, or AED 2,125 per sqft, 12% below the AED 2,423 studios in the building were fetching at the time.

One Ejari contract is registered, from 5 April 2025. The current contract, signed on 5 April 2025, is AED 90,000 a year: a gross yield of 9.8% on the 2026 price, before the service charge of about AED 10,000 a year.

Sales and rents for 908 over time

Sales
Unit 908, 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, September 2020: AED 779,492 (AED 1,800 per sqft)Sold, August 2026: AED 920,000 (AED 2,125 per sqft)

908 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 908, each contractTypical studio in MAG 318 Tower
60K80K2021202320252027Typical 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, April 2025: AED 90,000 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 908 sits

All 316 studios →

908 last sold in August 2026 at AED 2,125 per sqft, 12% below what studios in MAG 318 Tower were fetching at the time (AED 2,423). 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. 908's AED 90,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Oct 2026850,000
7 Aug 2026850,000
21 Jul 2026850,000
20 Jul 20261,000,000
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
905StudioAED 763K · Dec 2017
906StudioAED 794K · May 2018
907StudioAED 684K · Sep 2021
1–7 of 23

908, MAG 318 Tower in numbers

  • Sold twice: first on 3 September 2020 for AED 779,492, last on 27 August 2026 for AED 920,000 (AED 2,125 per sqft).
  • Rented since April 2025 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2026 price is 9.8%, 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 27 August 2026.

Questions about 908, MAG 318 Tower

What did unit 908 last sell for?

AED 920,000 on 27 August 2026: AED 2,125 per sqft for 433 sqft. The unit has 2 registered sales; the first was AED 779,492 in September 2020.

What is the rent for unit 908?

AED 90,000 a year on the contract signed on 5 April 2025.

How big is unit 908?

433 sqft (40.2 sqm): a studio on the 9th floor of a 22-storey tower completed in 2020.

What is unit 908 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 908, MAG 318 Tower

Starts from the last sale price (AED 920K, 27 August 2026). Switch to today's estimate once you have unlocked it.
Price
AED 920,000
Deposit, UAE resident (20%)
AED 184,000
Deposit, non-resident (40%)
AED 368,000
Monthly over 25 years at 3.7%
AED 3,764

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