AED 1,500,000/ year
Luxury penthouse in Business Bay with Burj Khalifa view
SAAS Tower · 4 bed · 5 bath · 7,877 sqft
Building · Business Bay
Properties for rent in MAG 318
Nothing for rent here with McCone right now — 275 tenancies naming MAG 318 were registered in the last twelve months, below.
Every recorded sale in MAG 318 — prices, sizes and the year it was handed over →
Recorded rent per sq ft
AED 160
a year · 275 contracts here, 12 months
Gross yield
7.2%
Studio · its own rents over its own sale prices
Recorded sale price
AED 2,317
per sq ft · 636 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 | Per sq ft / year | Contracts |
|---|---|---|---|---|
| Studio | 440 sqft | 75,000 | 171 | 192 |
| 1 B/R | 821 sqft | 120,000 | 134 | 38 |
| 2 B/R | 1,042 sqft | 150,000 | 144 | 45 |
Layouts with fewer than five contracts in the year are left out. 809 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 | New lease | Renewal | Per sq ft / year | Contracts |
|---|---|---|---|---|---|
| Studio | 66,000 | 69,000 | 63,058 | 140 | 4,132 |
| 1 B/R | 87,000 | 90,000 | 82,000 | 116 | 7,325 |
| 2 B/R | 125,000 | 136,250 | 115,000 | 97 | 4,568 |
| 3 B/R | 170,000 | 185,000 | 160,719 | 88 | 1,330 |
| 4 B/R | 300,000 | 300,000 | 300,000 | 84 | 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 | 134 | This building · 38 | 1,925 | 7% |
| 2 B/R | 144 | This building · 45 | 2,121 | 6.8% |
| Studio | 171 | This building · 192 | 2,386 | 7.2% |
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 |
|---|---|---|---|---|
| 4 Sept 2026 | Studio | 438 | 55,000 | New lease |
| 3 Sept 2026 | Studio | 441 | 55,000 | New lease |
| 3 Sept 2026 | Studio | 440 | 56,000 | New lease |
| 1 Sept 2026 | Studio | 432 | 40,000 | New lease |
| 1 Sept 2026 | Studio | 444 | 60,000 | New lease |
| 1 Sept 2026 | Studio | 443 | 56,000 | New lease |
| 1 Sept 2026 | Studio | 440 | 55,000 | New lease |
| 1 Sept 2026 | Studio | 441 | 55,000 | New lease |
| 30 Aug 2026 | Studio | 433 | 55,000 | New lease |
| 29 Aug 2026 | Studio | 441 | 55,500 | New lease |
| 28 Aug 2026 | Studio | 441 | 61,000 | New lease |
| 27 Aug 2026 | Studio | 433 | 54,271 | New lease |
How often it lets
Contracts per year
New tenancies and renewals naming MAG 318, stacked.New leaseRenewal
115
283
272
139
2023202420252026
139 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 1,300,000/ year
Luxury Penthouse | Burj View | Huge Layout
SAAS Tower · 4 bed · 5 bath · 7,877 sqft
AED 1,000,000/ year
Branded | Best Price | Full Canal View
Jumeirah Living Business Bay · 4 bed · 6 bath · 4,333 sqft
AED 780,000/ year
Area Expert | Ultra-Luxury Living | Canal View
Jumeirah Living Business Bay · 3 bed · 5 bath · 3,372 sqft
AED 500,000/ year
Ultra Luxury | Canal View | 2BR + Maids
Jumeirah Living Business Bay · 2 bed · 4 bath · 2,113 sqft
AED 500,000/ year
Fully Fitted | Vacant Now | Near Metro | Spacious
One by Omniyat · 1 bath · 2,868 sqft
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 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 4 Sept 2026.