Project profile
MAG 318 Project · Business Bay · prices, sales and rents
Registered prices, construction progress and the record across its buildings.
Developer: MAG Property Development
Data to 5 November 2026
- Registered sales
- 27
- Last 12 months
- Median ready price
- AED 2,286
- Per sq ft
- Construction progress
- 100%
- Completed
Dubai Land Department lists the project as completed on 6 December 2020. In the last 12 months, Dubai Land Department registered 27 sales in MAG 318, worth AED 33.3M in total. The median price of ready homes was 2,286 AED/sqft.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.
A completed project.
Completed
- Start
- 22 October 2017
- DLD end date
- 6 December 2020
- Completion
- 6 December 2020
- Units
- 451
- Buildings
- 1
MAG 318 registered prices, over time.
Median registered price, AED per sq ft
Show the figures
| Month | Ready (registered sales) |
|---|---|
| Nov 2023 | — 2 sales |
| Dec 2023 | — 4 sales |
| Jan 2024 | 2,252 AED/sqft 5 sales |
| Feb 2024 | — 4 sales |
| Mar 2024 | — 2 sales |
| Apr 2024 | — 4 sales |
| May 2024 | — 1 sale |
| Jun 2024 | — |
| Jul 2024 | — 2 sales |
| Aug 2024 | 2,317 AED/sqft 5 sales |
| Sep 2024 | — 2 sales |
| Oct 2024 | — 2 sales |
| Nov 2024 | — 1 sale |
| Dec 2024 | — 2 sales |
| Jan 2025 | — 3 sales |
| Feb 2025 | 2,466 AED/sqft 7 sales |
| Mar 2025 | — 1 sale |
| Apr 2025 | — 4 sales |
| May 2025 | — 3 sales |
| Jun 2025 | — 3 sales |
| Jul 2025 | 2,517 AED/sqft 6 sales |
| Aug 2025 | 2,404 AED/sqft 10 sales |
| Sep 2025 | — 3 sales |
| Oct 2025 | — 1 sale |
| Nov 2025 | — 2 sales |
| Dec 2025 | — 3 sales |
| Jan 2026 | — 3 sales |
| Feb 2026 | — 3 sales |
| Mar 2026 | — 2 sales |
| Apr 2026 | — |
| May 2026 | — 1 sale |
| Jun 2026 | — |
| Jul 2026 | 2,137 AED/sqft 8 sales |
| Aug 2026 | — 2 sales |
| Sep 2026 | — 2 sales |
| Oct 2026 | — 1 sale |
What does each home type sell and rent for in MAG 318?
Apartment · Studio
- Ready median price
- AED 1.1M
- Median yearly rent
- AED 60K
- Gross yield
- 5.7%
Apartment · 1 bed
- Ready median price
- —
- Median yearly rent
- AED 95K
- Gross yield
- Rent only
Apartment · 2 beds
- Ready median price
- —
- Median yearly rent
- AED 145.7K
- Gross yield
- Rent only
Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.
Service charges.
In the area report.
The Business Bay area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.
See the Business Bay area reportThe latest registered sales in MAG 318.
| Date | Unit | Size | Price | AED/sqft |
|---|---|---|---|---|
| 22 Oct 2026 | Apartment · Studio · Ready | 432 sqft | AED 850,000 | 1,968 |
| 17 Sep 2026 | Apartment · 2 beds · Ready | 967 sqft | AED 2,000,000 | 2,068 |
| 14 Sep 2026 | Apartment · 2 beds · Ready | 1,602 sqft | AED 2,800,000 | 1,748 |
| 27 Aug 2026 | Apartment · Studio · Ready | 433 sqft | AED 920,000 | 2,125 |
| 7 Aug 2026 | Apartment · Studio · Ready | 440 sqft | AED 850,000 | 1,932 |
| 27 Jul 2026 | Apartment · 1 bed · Ready | 982 sqft | AED 1,732,516 | 1,764 |
| 21 Jul 2026 | Apartment · Studio · Ready | 441 sqft | AED 850,000 | 1,927 |
| 20 Jul 2026 | Apartment · Studio · Ready | 432 sqft | AED 1,000,000 | 2,315 |
| 20 Jul 2026 | Apartment · Studio · Ready | 433 sqft | AED 990,000 | 2,286 |
| 13 Jul 2026 | Apartment · Studio · Ready | 440 sqft | AED 980,000 | 2,227 |
22 Oct 2026
ApartmentStudioReady432 sqft
AED 850,0001,968 AED/sqft
17 Sep 2026
Apartment2 bedsReady967 sqft
AED 2,000,0002,068 AED/sqft
14 Sep 2026
Apartment2 bedsReady1,602 sqft
AED 2,800,0001,748 AED/sqft
27 Aug 2026
ApartmentStudioReady433 sqft
AED 920,0002,125 AED/sqft
7 Aug 2026
ApartmentStudioReady440 sqft
AED 850,0001,932 AED/sqft
27 Jul 2026
Apartment1 bedReady982 sqft
AED 1,732,5161,764 AED/sqft
21 Jul 2026
ApartmentStudioReady441 sqft
AED 850,0001,927 AED/sqft
20 Jul 2026
ApartmentStudioReady432 sqft
AED 1,000,0002,315 AED/sqft
20 Jul 2026
ApartmentStudioReady433 sqft
AED 990,0002,286 AED/sqft
13 Jul 2026
ApartmentStudioReady440 sqft
AED 980,0002,227 AED/sqft
Questions about MAG 318
What is the price per sq ft in MAG 318?
In the 12 months to 5 November 2026, the median registered sale price of ready homes was 2,286 AED/sqft.
How many homes were sold in MAG 318 in the last 12 months?
In the last 12 months, Dubai Land Department registered 27 sales in MAG 318, worth AED 33.3M in total. The median price of ready homes was 2,286 AED/sqft. Registered sales to 5 November 2026.
What is the rent in MAG 318?
In the 12 months to 5 November 2026, Apartment · Studio was the most rented home type in MAG 318, at a median of AED 60,000 a year over 167 new contracts. Against its ready median price of AED 1,050,000, that is a gross yield of 5.7%, before service charges and other costs.
When was MAG 318 completed?
Dubai Land Department lists the project as completed on 6 December 2020.
Where do these figures come from?
From Dubai Land Department open data, published on Dubai Data, to 5 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.
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