MAG 318

638 sales registered with the Land Department between 2017 and 2026, in Business Bay · part of Mag 318 by Mag Property Development L.L.C.

Median, last 12 months

AED 2,317/sqft

AED 1,872/sqft across the whole record since 2017

Sales in the last year

638 since 2017

Against Business Bay

-8%

Area median AED 2,529/sqft over the same year

Sold before completion

51%

Share of registrations made off-plan

What each size has sold for

Median of every registered sale in MAG 318, by the bedroom count on the registration. Sizes below eight sales are left out rather than shown with a median nobody should rely on.

Size	Median price	Typical size	Per area	Sales
studio	AED 810,000	438 sqft	AED 1,852/sqft	487
1-bed	AED 1,622,394	875 sqft	AED 1,884/sqft	60
2-bed	AED 2,050,000	976 sqft	AED 2,069/sqft	91

Rent registered across Mag 318

Not MAG 318’s own figure. Ejari records the project on a tenancy, not the building, so this is every new let registered across Mag 318 in the twelve months to Sept 2026. Renewals are excluded — they are priced off an older contract under Decree 43’s increase bands, not by today’s market.

Studio

AED 75,000/yr

147 new lets

1-bed

AED 116,500/yr

26 new lets

2-bed

AED 150,000/yr

37 new lets

Price per square foot by year

Median of MAG 318’s own registered sales. Years with fewer than five sales are left out rather than plotted as a point.

2017AED 1,782/sqft7 sales
2018AED 1,798/sqft125 sales
2019AED 1,802/sqft80 sales
2020AED 2,087/sqft113 sales
2021AED 1,749/sqft136 sales
2022AED 1,904/sqft41 sales
2023AED 2,167/sqft41 sales
2024AED 2,318/sqft30 sales
2025AED 2,440/sqft46 sales

Recent registered sales

The 20 most recent registrations in MAG 318, as published by the Land Department.

Registered	Home	Size	Price	Per area
27 Aug 2026	Studio	433 sqft	AED 920,000	AED 2,125/sqft
7 Aug 2026	Studio	440 sqft	AED 850,000	AED 1,933/sqft
27 Jul 2026	1 B/R	982 sqft	AED 1,732,516	AED 1,764/sqft
21 Jul 2026	Studio	441 sqft	AED 850,000	AED 1,927/sqft
20 Jul 2026	Studio	432 sqft	AED 1,000,000	AED 2,317/sqft
20 Jul 2026	Studio	433 sqft	AED 990,000	AED 2,287/sqft
13 Jul 2026

Other buildings in Business Bay

Churchill Tower 2-Residential 1,518 Aykon City-tower B 1,493 Aykon City (2) -Tower C 1,437 Peninsula Four 1,372 Regalia 1,359 Al Habtoor Tower 1,296 The Edge 1,286 Peninsula Three 1,261 Bayz 101 By Danube 1,218 Binghatti Skyrise - TOWER C 1,178 Binghatti Skyrise - TOWER B 1,080 Sls Dubai 1,058

Buying in MAG 318?

Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the median here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to open an official system on the day: the agent's licence, the project's escrow, and its registered status.

Get an independent reportFrom AED 1,500. Nothing is charged until you have a quote and accept it. See a sample

Figures are medians of registered sale prices published by the Dubai Land Department, matched to this building by the name written on each registration. They are what buyers paid, not what sellers are asking. Sizes are as registered.