Bedroom typeBusiness Bay · MAG · 2020

Studios in MAG 318 Tower

Studios in Business Bay. 21 studios sold in the last 12 months; every sale, rent and unit is below.

Last 12 months · studiosUpdated 6 November 2026
Typical price per sqftAED 2,387Down 2.7% on the year
Typical saleAED 1.05M21 sales
Typical rentAED 66K /yrAED 151 per sqft
Typical yield6.3%AED 23.06/sqft charge

About the studios in MAG 318 Tower

MAG 318 Tower has 316 studios, 72% of its 439 apartments, at 216 to 446 sqft. They are the most traded homes in the building: 21 of the 27 sales registered in the last 12 months were studios. The service charge is AED 23.06 per sqft a year.

21 studios sold in the 12 months to November 2026, at a median of AED 2,387 per sqft, down 2.7% on the year before. The median sale was AED 1,050,000, from AED 850,000 to 1,160,000, against a median of AED 2,286 per sqft for the building as a whole. 192 contracts registered over the same 12 months rented them for AED 50,000 to 120,000 a year, a gross yield of about 6.3% before the service charge.

Studios
316
Share of building
72%
Size
216–446 sqft
Last sale
22 October 2026
Building
MAG 318 Tower

Business Bay, Dubai

Average prices in MAG 318 Tower

Studios in MAG 318 Tower sell for around AED 1,050,000, or AED 2,387 per sqft, 4% more per sqft than the building average. The other types: AED 1,730,000 for one-beds and AED 2,000,000 for two-beds.

Last 12 months of DLD sales, median per type. The paler bars link to the other types’ pages.

Studio price history in MAG 318 Tower

2,0002,2502,500May 2026Nov 20262025-11-20: AED 2,483, Studio, 433 sqft2025-11-26: AED 2,448, Studio, 441 sqft2025-12-04: AED 2,466, Studio, 440 sqft2025-12-08: AED 2,607, Studio, 441 sqft2025-12-23: AED 2,495, Studio, 441 sqft2026-01-27: AED 2,686, Studio, 432 sqft2026-01-29: AED 2,316, Studio, 432 sqft2026-02-03: AED 2,425, Studio, 433 sqft2026-02-25: AED 2,387, Studio, 440 sqft2026-03-16: AED 2,029, Studio, 441 sqft2026-03-16: AED 2,540, Studio, 433 sqft2026-05-12: AED 2,464, Studio, 446 sqft2026-07-02: AED 2,464, Studio, 434 sqft2026-07-09: AED 2,128, Studio, 446 sqft2026-07-13: AED 2,228, Studio, 440 sqft2026-07-20: AED 2,286, Studio, 433 sqft2026-07-20: AED 2,316, Studio, 432 sqft2026-07-21: AED 1,926, Studio, 441 sqft2026-08-07: AED 1,932, Studio, 440 sqft2026-08-27: AED 2,125, Studio, 433 sqft2026-10-22: AED 1,968, Studio, 432 sqftTrend: AED 2,543 to AED 2,032

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Studio transactions in MAG 318 Tower

  • CompletedStudio · 431 sqft 22 Oct 2026AED 850,0001,968 /sqft
  • CompletedStudio · 432 sqft 27 Aug 2026AED 920,0002,125 /sqft
  • CompletedStudio · 439 sqft 07 Aug 2026AED 850,0001,933 /sqft
  • CompletedStudio · 441 sqft 21 Jul 2026AED 850,0001,927 /sqft
  • CompletedStudio · 432 sqft 20 Jul 2026AED 990,0002,287 /sqft
  • CompletedStudio · 431 sqft 20 Jul 2026AED 1,000,0002,317 /sqft
  • CompletedStudio · 439 sqft 13 Jul 2026AED 980,0002,228 /sqft
  • CompletedStudio · 446 sqft 09 Jul 2026AED 950,0002,128 /sqft
  • CompletedStudio · 433 sqft 02 Jul 2026AED 1,069,0002,465 /sqft
  • CompletedStudio · 446 sqft 12 May 2026AED 1,100,0002,464 /sqft

Over the last 12 months, MAG 318 Tower has recorded 21 studio sales. Typical homes sold for around AED 1.05M (about AED 2,387 per sqft) with a median size of 440 sqft, from roughly AED 850K to AED 1.16M.

1–10 of 487

Studios in MAG 318 Tower

316 units
  • Unit 402Studio · 438 sqftSold AED 1.08M, Dec 2020
  • Unit 403Studio · 433 sqftSold AED 1.05M, Feb 2026
  • Unit 404Studio · 434 sqftSold AED 780K, Jul 2018
  • Unit 412Studio · 439 sqftSold AED 780K, May 2018
  • Unit 503Studio · 438 sqftSold AED 745K, Nov 2021
  • Unit 504Studio · 433 sqftSold AED 690K, Jun 2021
  • Unit 505Studio · 432 sqftSold AED 787K, Jan 2018
  • Unit 506Studio · 433 sqftSold AED 780K, Mar 2019
  • Unit 507Studio · 432 sqftSold AED 787K, Jan 2019
  • Unit 508Studio · 433 sqftSold AED 775K, Jul 2018
1–10 of 316
Every unit in MAG 318 Tower, by number

Nearby in Business Bay

All 187 →
BuildingSale /sqftYield
Burj PacificAED 1,325
Fifty One TowerFew sales
Empire Heights 1Few sales
Empire Heights PodiumFew sales
Empire Heights 2Few sales
1–5 of 186 · nearest first

MAG 318 Tower studios in numbers

  • Across 21 DLD sales in the 12 months to November 2026, the median price in Studios in MAG 318 Tower was AED 2,387 per sqft and the typical home sold for about AED 1.05M.
  • Completed in 2020 by MAG; 22 floors of studios to two-beds; service charge AED 23.06 per sqft a year.
  • Studios of 216 to 446 sqft sold for AED 850,000 to 1,160,000 between November 2025 and October 2026, a median AED 2,387 per sqft.
  • A studio of 216 to 446 sqft rents for AED 50,000 to 120,000 a year on the 192 contracts registered in the last 12 months.
  • Gross rental yield 6.3%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 6 November 2026.

Questions

How much does a studio in MAG 318 Tower cost?

21 studios sold in the 12 months to November 2026, for AED 850,000 to 1,160,000; the median was AED 1,050,000, or AED 2,387 per sqft.

How much is a studio for rent in MAG 318 Tower?

About AED 66,000 a year: that is the median of the 192 contracts for studios registered with Ejari in the 12 months to November 2026, from AED 50,000 to 120,000.

What is the rental yield in MAG 318 Tower?

About 6.3% gross for studios, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Have prices in MAG 318 Tower gone up?

The median price per sqft fell from about AED 2,454 to AED 2,387 over the 12 months to November 2026, down 2.7%, on 21 sales against 36 the year before.

What is the service charge in MAG 318 Tower?

AED 23.06 per sqft a year. For a typical 216 sqft home that is about AED 5,000 a year.

Who built MAG 318 Tower and when?

MAG; completed in 2020; 22 floors; 439 apartments.

How many studios are there in MAG 318 Tower?

316, of 216 to 446 sqft, 72% of the building's 439 apartments.

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