AED 2,000,000/ year
4 bedroom apartment in J ONE Tower B
5 bath · 5,653 sqft · Pagani Design · 12 Cheques · Ultra Luxury
MAG 318
What tenants actually pay: the tenancies registered with Ejari, not asking rents. Understand the numbers before you rent.
284 tenancies naming MAG 318 were registered in the last twelve months, below.
Your agent in Business Bay
Leasing
Renting in MAG 318? Ramsheed can walk you through what these numbers mean for you.
Ramsheed is marketing 28 homes for rent in Business Bay right now.
- Community
- Business Bay
- Nearest metro
- Burj Khalifa/Dubai Mall Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
- Handed over
- 2021 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
- First on record
- 2017 — an off-plan sale
- Sales on record
- 638 — registered at the Dubai Land Department, the latest September 2026
- Off-plan share
- 51% — 325 bought off-plan from the developer, 313 resales of a completed home
Every recorded sale in MAG 318 — prices, sizes and the year it was handed over →
How MAG 318 compares — every tower in Business Bay, ranked by recorded price →
What MAG 318's neighbours let for — every tower in Business Bay the register names, ranked →
Living in Business Bay — the area guide →
What a home in MAG 318 returns on its rent — the yield calculator →
Recorded rent per sq ft
AED 144
a year · 284 contracts here, 12 months
Mean AED 150 a year
Gross yield
6.9%
Studio · its own rents over its own sale prices
Recorded sale price
AED 2,317
per sq ft · 638 sales on record
Handed over
2021
Derived from the register
Recorded rents
What MAG 318 rents for, by layout
Tenancies registered with Ejari that name MAG 318, last twelve months. Annual rents, medians.
| Layout | Typical size | Median rent | Mean rent | Per sq ft / year | Contracts |
|---|---|---|---|---|---|
| Studio | 440 sqft | 71,910 | 69,562 | 164 | 192 |
| 1 B/R | 872 sqft | 105,000 | 107,381 | 120 | 47 |
| 2 B/R | 1,043 sqft | 145,735 | 143,140 | 144 | 45 |
Layouts with fewer than five contracts in the year are left out. 875 contracts name this building on the register since 2023.
For comparison
Recorded rents in Business Bay
How MAG 318 sits against its community. The full Business Bay rental report →
| Layout | Median rent | Mean rent | New lease | Renewal | Per sq ft / year | Contracts |
|---|---|---|---|---|---|---|
| Studio | 65,000 | 66,497 | 65,000 | 63,000 | 135 | 4,286 |
| 1 B/R | 85,000 | 92,075 | 90,000 | 82,500 | 115 | 7,494 |
| 2 B/R | 125,000 | 132,165 | 135,000 | 115,500 | 96 | 4,572 |
| 3 B/R | 171,845 | 187,486 | 185,000 | 162,116 | 89 | 1,332 |
| 4 B/R | 300,000 | 319,809 | 300,000 | 300,000 | 83 | 109 |
Rent against price
Gross yield in MAG 318
This building's own recorded rent per square foot a year over its own recorded resale price per square foot, layout by layout.
| Layout | Rent / sq ft / year | Rent from | Sale / sq ft | Gross yield |
|---|---|---|---|---|
| 1 B/R | 120 | This building · 47 | 1,925 | 6.2% |
| 2 B/R | 144 | This building · 45 | 2,095 | 6.9% |
| Studio | 164 | This building · 192 | 2,387 | 6.9% |
Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.
Every tenancy, as registered
Recent contracts in MAG 318
The latest tenancies registered with Ejari naming this building, newest first.
| Start | Layout | Size | Annual rent | Type |
|---|---|---|---|---|
| 21 Oct 2026 | Studio | 441 | 66,000 | New lease |
| 20 Oct 2026 | Studio | 441 | 56,000 | New lease |
| 20 Oct 2026 | 1 B/R | 982 | 100,000 | Renewal |
| 17 Oct 2026 | 1 B/R | 821 | 90,000 | New lease |
| 16 Oct 2026 | Studio | 432 | 60,000 | New lease |
| 15 Oct 2026 | 1 B/R | 876 | 105,000 | New lease |
| 15 Oct 2026 | 1 B/R | 982 | 84,000 | New lease |
| 15 Oct 2026 | Studio | 440 | 60,000 | New lease |
| 15 Oct 2026 | 1 B/R | 982 | 90,000 | New lease |
| 15 Oct 2026 | 2 B/R | 1,045 | 130,000 | New lease |
| 15 Oct 2026 | Studio | 441 | 58,000 | New lease |
| 12 Oct 2026 | 1 B/R | 876 | 105,000 | New lease |
How often it lets
Contracts per year
New tenancies and renewals naming MAG 318, stacked.New leaseRenewal
115
283
272
205
2023202420252026
205 contracts in 2026 so far. The 2026 bar is part-year.
For rent nearby · Business Bay
Homes to rent in Business Bay now
Our live rental stock in the community. Everything for rent in Business Bay →
AED 1,500,000/ year
4 bedroom apartment in SAAS Tower
5 bath · 7,877 sqft · Luxury penthouse in Business Bay with Burj Khalifa view
AED 1,350,000/ year
4 bedroom apartment in J ONE Tower B
6 bath · 4,355 sqft · Duplex · Private Pool · 12 Cheque · Pagani Design
AED 1,300,000/ year
4 bedroom apartment in SAAS Tower
5 bath · 7,877 sqft · Luxury Penthouse · Burj View · Huge Layout
AED 1,250,000/ year
3 bedroom apartment in J ONE Tower B
4 bath · 4,615 sqft · Pagani Design · Canal View Duplex · Private Pool
AED 1,000,000/ year
4 bedroom apartment in Jumeirah Living Business Bay
6 bath · 4,333 sqft · Branded · Best Price · Full Canal View
Where these numbers come from. Every rent on this page is a tenancy contract registered with Ejari, the Dubai Land Department’s rental register, read directly from the Dubai Data Exchange. It is what tenants actually agreed to pay — not asking rents, not our own estimates. Homes only: offices, shops, labour accommodation and whole-building leases are excluded, as are contracts covering several properties at one price and the register’s own typing errors. The municipality’s housing fee on the DEWA bill is 5% of the same registered rent. The register records the area a home sits in and, on about a quarter of contracts, the project — never the building on its own — so a community’s figures are its DLD area’s, and a building’s are its own only where the register names it. Medians are used rather than averages so one unusual contract cannot move the number. Data through 21 Oct 2026.
Nearby
What else to look at in Business Bay
The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.
| Building | Recorded sales | First traded | Median per sq ft |
|---|---|---|---|
| Sobha Skyparksnewest | 83 | 2026 | 4,250 |
| Avarra by Palacenewest | 156 | 2026 | 3,490 |
| Peninsula Two | 789 | 2022 | 1,942 |
| Urban Oasis | 709 | 2018 | 1,927 |
| Century Tower | 224 | 2024 | 1,894 |
| SLS Dubai Hotel & Residences | 559 | 2020 | 1,880 |
| Business Bay Residence 110 | 122 | 2023 | 1,848 |
| Aykon City Tower C | 1,443 | 2016 | 1,838 |
| 15 Northside Tower 1 | 456 | 2021 | 1,833 |
| The Cosmopolitan | 965 | 2009 | 1,825 |
Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.
Moving into MAG 318? Ejari, the DEWA move-in and your Makani number, explained.