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Studio · 441 sqftMAG 318 Tower, Business Bay · 9th floor · completed 2020

917, MAG 318 Tower

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

Unit 917 · DLD and Ejari recordsUpdated 18 November 2025
Last soldAED 1.06M28 August 2025
Current rentAED 78K /yr18 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 917, MAG 318 Tower

What is 917 worth today?

Last sold for AED 1,060,000 in 2025

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18 Nov 2025RentedNew contract
AED 78,000/yr12 months · AED 177 per sqft
28 Aug 2025SoldReady
AED 1,060,000AED 2,404 per sqft
24 Oct 2021Sold by developerReady
AED 800,000AED 1,814 per sqft

Source: Dubai Land Department. Updated 18 November 2025.

Key facts

Type
Studio apartment
Size
441 sqft
Floor
9th of 22
Parking
P2-13
Developer
MAG
Completed
2020
Service charge
AED 10,200 /yr
Last sold
AED 1.06M · August 2025
Building
MAG 318 Tower

About 917, MAG 318 Tower

917 is a studio of 441 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 28 August 2025 for AED 1,060,000, or AED 2,404 per sqft, in line with the AED 2,451 studios in the building were fetching at the time.

One Ejari contract is registered, from 18 November 2025. The current contract, signed on 18 November 2025, is AED 78,000 a year: a gross yield of 7.4% on the 2025 price, before the service charge of about AED 10,200 a year.

Sales and rents for 917 over time

Sales
Unit 917, 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, October 2021: AED 800,000 (AED 1,814 per sqft)Sold, August 2025: AED 1,060,000 (AED 2,404 per sqft)

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

Rents
Unit 917, 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, November 2025: AED 78,000 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 917 sits

All 316 studios →

917 last sold in August 2025 at AED 2,404 per sqft, in line with what studios in MAG 318 Tower were fetching at the time (AED 2,451). 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. 917's AED 78,000 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 78K /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

917, MAG 318 Tower in numbers

  • Sold twice: first on 24 October 2021 for AED 800,000, last on 28 August 2025 for AED 1,060,000 (AED 2,404 per sqft).
  • Rented since November 2025 on one Ejari contract, at AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2025 price is 7.4%, before a service charge of about AED 10,200 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 18 November 2025.

Questions about 917, MAG 318 Tower

What did unit 917 last sell for?

AED 1,060,000 on 28 August 2025: AED 2,404 per sqft for 441 sqft. The unit has 2 registered sales; the first was AED 800,000 in October 2021.

What is the rent for unit 917?

AED 78,000 a year on the contract signed on 18 November 2025.

How big is unit 917?

441 sqft (41.0 sqm): a studio on the 9th floor of a 22-storey tower completed in 2020.

What is unit 917 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 917, MAG 318 Tower

Starts from the last sale price (AED 1.06M, 28 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,060,000
Deposit, UAE resident (20%)
AED 212,000
Deposit, non-resident (40%)
AED 424,000
Monthly over 25 years at 3.7%
AED 4,337

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