Dubai Land Department Data

Mag 318 Prices

in Business Bay · Real completed transactions from the Dubai Land Department registry

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At a glance

Market Summary

Of 265 recorded sales at Mag 318: 100% apartments, most commonly Studio units, typically around 440 sqft.

Avg Price/sqft
AED 2,042
All-time average
Median Price/sqft
AED 2,087
All-time median
90-Day Sales
5
Last 90 days
Total Sales
265
All time
Price Range
AED 515,000 – 2,800,000
Min – max recorded

Every figure here is drawn from registered DLD sale prices - what buyers actually paid, not asking prices.

The latest sales

Recent Transactions

What tenants pay

Registered rents

291 Ejari rent contracts registered in the last 12 months name Mag 318; the median is AED 70,000 a year.

Type
Median rent / yr
Studio
AED 70,000
197 contracts
1 bed
AED 102,500
48 contracts
2 bed
AED 145,735
45 contracts

Most Ejari contracts carry no building name, so this is the registered contracts that do. It is a floor on the building's rental activity, not a count of its tenancies. How we read rents →

Getting around

Stations and malls around Mag 318

The nearest open Metro station (and Tram stop, where one is close), shopping mall and landmark, under their current names, measured on the map as a straight line; the route on foot or by road is longer. The parking share is the Dubai Land Department's own record.

Nearest Metro
Business Bay
Red Line · 1.6 km straight-line · figure for the whole community
Nearest mall
Bay Avenue Mall
1.2 km straight-line · figure for the whole community
Nearest landmark
Dubai Opera
1.6 km straight-line · figure for the whole community
Parking
100%
of 265 registered sales came with parking

Locations © OpenStreetMap contributors; names as the RTA and each venue use them today. How we measure these →

Keep exploring

Other Buildings in Business Bay

Hold and resell

Resales

Where a unit of the same size and bedrooms at Mag 318 was registered as sold twice, at least a year apart, the two prices are paired. Matched on size and bedrooms, not a unit id - two identical units can pair, so read this as the building's typical resale outcome, not a specific flat's.

Resale pairs
150
matched sale → resale
Median hold
15
months between the two registrations
Median realised gain
+12.3%
middle half +1.1% to +24.9%

Gain is registered price vs registered price - gross, before fees, service charges or any renovation.

Off-plan

Launch History

Mag 318 was also sold off-plan by its developer. Launch prices by quarter, bed mix and the launch-vs-resale gap →

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