Mag 318
Every figure below comes from registered Dubai Land Department records: real sales and real Ejari rent contracts, not asking prices. 725 registered sales on record for this project.
Median sold price · 12 mo
AED 1.09M
2,352 AED/sqft · 30 sales
Median rent · last 90 days
AED 60,000/yr
87 registered contracts
Real gross yield
≈ 5.5%
Registered rents ÷ registered prices
What actually sells in Business Bay, weekly
One email a week: the registered sales and rents in Business Bay, from the Dubai Land Department record. No asking prices, no listings, no agent calling you.
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By Bedroom Count in Mag 318
Every registered sale in this building, grouped by how many bedrooms the Land Department recorded. Find your size and you are looking at what homes like yours actually sold for.
| Bedrooms | Sales | Typical size | Median price | Per sqft | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| Studio | 487 | 441 sqft | AED 810,000 | 1,852 | AED 75,000 | 9.3% |
| 1-bed | 60 | 872 sqft | AED 1,594,787 | 1,877 | AED 130,000 | 8.2% |
| 2-bed | 93 | 980 sqft | AED 2,050,000 | 2,069 | AED 130,000 | 6.3% |
Source: Dubai Land Department (CC BY 4.0). Bedroom counts and prices are DLD's own record for this building. Rents are registered Ejari contracts in the same building over the last 24 months, matched to each bedroom count by floor area, because Ejari records size rather than bedrooms. A yield is shown only where both sides have a real sample.
Latest Registered Sales
| Date | Type | Size | Price | Per sqft |
|---|---|---|---|---|
| 2026-09-17 | 2 B/R | 967 sqft | AED 2M | 2,069 |
| 2026-09-14 | 2 B/R | 1,602 sqft | AED 2.8M | 1,747 |
| 2026-08-27 | Studio | 433 sqft | AED 920,000 | 2,125 |
| 2026-08-07 | Studio | 440 sqft | AED 850,000 | 1,933 |
| 2026-07-27 | 1 B/R | 982 sqft | AED 1.73M | 1,764 |
| 2026-07-21 | Studio | 441 sqft | AED 850,000 | 1,927 |
| 2026-07-20 | Studio | 432 sqft | AED 1M | 2,317 |
| 2026-07-20 | Studio | 433 sqft | AED 990,000 | 2,287 |
Source: Dubai Land Department registered transactions. Comparable data, not a formal valuation.
More Buildings in Business Bay
Mag 318: common questions
How much does a property in Mag 318 cost?+
Over the last 12 months the median registered sale price in Mag 318 in Business Bay was AED 1.09M, across 30 registered sales. That is about 2,352 AED per square foot. These are completed transactions registered with the Dubai Land Department, not asking prices.
What is the rent in Mag 318?+
The median registered annual rent in Mag 318 over the last 90 days was AED 60,000 per year, across 87 registered Ejari contracts. Ejari contracts are the official registered tenancy record, so this reflects what tenants are actually paying rather than advertised rents.
What rental yield does Mag 318 give?+
Mag 318 shows a gross rental yield of roughly 5.5%, calculated by comparing registered Ejari rents against registered sale prices for the same building. That figure is gross, so service charges, management fees and any vacancy still come out of it, commonly one to two percentage points.
Is Mag 318 a good investment?+
We do not give investment advice, and we will not guess. What the registered record shows for Mag 318 is 725 registered sales on file, 30 of them in the last 12 months, and a gross yield of about 5.5%. Transaction volume matters as much as price, because it tells you how easily you could sell again. Compare those figures against other buildings in Business Bay before deciding, and check the service charge for the tower, since it comes straight off your yield.
How do I check what a specific unit in Mag 318 sold for?+
Every sale in Mag 318 is registered with the Dubai Land Department, and the recent ones are listed on this page with date, size and price. Looking at one specific unit? Send the listing to Chat DLD on WhatsApp. It compares the asking price against the registered record for this building in seconds, free.
Buying or selling here
Talk to an agent who actually works Mag 318
We introduce you only to gold-rated brokerages, the Dubai Land Department's own top classification, so the rating comes from the government rather than from us. Free to you, and no obligation.
Register your interest in Mag 318
Tell us which side of the table you are on. We will send the registered numbers for Mag 318, and an introduction to someone who works there.
Terms on this page
- Service charge
- Gross rental yield
- Price per square foot
- Jointly owned property
- Built-up area
- Secondary market
Every term, in the Dubai property glossary.
