916, MAG 318 Tower
Sold prices and rental history: sold twice, last in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 916, MAG 318 Tower
What is 916 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 23 January 2023.
Key facts
- Type
- Studio apartment
- Size
- 440 sqft
- Floor
- 9th of 22
- Parking
- P2-12
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,100 /yr
- Last sold
- AED 925K · January 2023
- Building
- MAG 318 Tower
About 916, MAG 318 Tower
916 is a studio of 440 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 23 January 2023 for AED 925,000, or AED 2,102 per sqft, 5% above the AED 1,995 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 916 over time
916 has sold twice; 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 916 sits
All 316 studios →916 last sold in January 2023 at AED 2,102 per sqft, 5% above what studios in MAG 318 Tower were fetching at the time (AED 1,995). 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.
| 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 78K /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 | |
| 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 | |
| 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 |
916, MAG 318 Tower in numbers
- Sold twice: first on 10 September 2021 for AED 750,000, last on 23 January 2023 for AED 925,000 (AED 2,102 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 23 January 2023.
Questions about 916, MAG 318 Tower
What did unit 916 last sell for?
AED 925,000 on 23 January 2023: AED 2,102 per sqft for 440 sqft. The unit has 2 registered sales; the first was AED 750,000 in September 2021.
How big is unit 916?
440 sqft (40.9 sqm): a studio on the 9th floor of a 22-storey tower completed in 2020.
What is unit 916 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.
Selling 916? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 916, MAG 318 Tower
Starts from the last sale price (AED 925K, 23 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 925,000
- Deposit, UAE resident (20%)
- AED 185,000
- Deposit, non-resident (40%)
- AED 370,000
- Monthly over 25 years at 3.7%
- AED 3,784
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →