1008, Mag 218 Tower
Sold prices and rental history: sold twice, last in December 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1008, Mag 218 Tower
What is 1008 worth today?
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Source: Dubai Land Department. Updated 3 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 10th of 55
- Parking
- 3B22
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 1.35M · December 2015
- Building
- Mag 218 Tower
About 1008, Mag 218 Tower
1008 is a one-bedroom apartment of 844 sqft on the 10th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 19 December 2015 for AED 1,350,000, or AED 1,599 per sqft, 13% above the AED 1,421 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, signed on 3 July 2026, is AED 70,000 a year: a gross yield of 5.2% on the 2015 price, before the service charge of about AED 12,300 a year.
Sales and rents for 1008 over time
1008 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mag 218 Tower, and where 1008 sits
All 333 1-beds →1008 last sold in December 2015 at AED 1,599 per sqft, 13% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,421). Over the last 12 months one-beds sold for AED 1,025,000 to 1,600,000, around AED 1,365 per sqft, and rent for AED 60,000 to 160,000 a year. 1008's AED 70,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 202617 September 2026 | 844 sqft | 1,050,000 | 1,244 | ||
| 4 Sep 20264 September 2026 | 875 sqft | 1,150,000 | 1,314 | ||
| 14 Jul 202614 July 2026 | 864 sqft | 1,230,000 | 1,423 | ||
| 7 Jul 20267 July 2026 | 908 sqft | 1,250,000 | 1,376 |
Mag 218 Tower
Building550 apartments, 1-bed to 2-bed over 55 floors in Dubai Marina, completed in 2010 by Dream Estate. 27 sold in the last 12 months.
- Typical price per sqft
- AED 1,362 Up 4.0%
- Typical sale
- AED 1.26M
- Typical rent
- AED 87K /yr
- Typical yield
- 6.3%
Other units on the 10th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,723 sqft | AED 1.98MAED 1,980,000 · Feb 2025February 2025 | 65,000 /yr | |
| 1002 | 1-bed | 864 sqft | AED 970KAED 970,000 · Jul 2024July 2024 | 82,000 /yr | |
| 1003 | 1-bed | 844 sqft | AED 649KAED 648,686 · Dec 2012December 2012 | 68,200 /yr | |
| 1004 | 1-bed | 864 sqft | AED 700KAED 700,000 · Nov 2021November 2021 | 95,000 /yr | |
| 1005 | 2-bed | 1,723 sqft | AED 1.44MAED 1,438,000 · Jul 2023July 2023 | 139,251 /yr | |
| 1006 | 2-bed | 1,723 sqft | AED 2.3MAED 2,300,000 · Sep 2024September 2024 | 100,000 /yr | |
| 1007 | 1-bed | 864 sqft | AED 664KAED 664,407 · Dec 2012December 2012 | 85,000 /yr | |
| 1009 | 1-bed | 864 sqft | AED 1.3MAED 1,300,000 · Dec 2013December 2013 | 77,569 /yr | |
| 1010 | 2-bed | 1,723 sqft | AED 1.44MAED 1,438,947 · Jul 2023July 2023 | 125,000 /yr |
1008, Mag 218 Tower in numbers
- Sold twice: first on 5 January 2012 for AED 648,686, last on 19 December 2015 for AED 1,350,000 (AED 1,599 per sqft).
- Rented since June 2014 on 13 Ejari contracts. The rent fell from AED 100,000 to AED 55,000 in 2021 and recovered to AED 70,000 by July 2026.
- At AED 70,000 a year the gross yield on the 2015 price is 5.2%, before a service charge of about AED 12,300 a year (AED 14.54 per sqft).
- One-beds in Mag 218 Tower sold for AED 1,025,000–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,362 per sqft.
Source: Dubai Land Department. Updated 3 July 2026.
Questions about 1008, Mag 218 Tower
What did unit 1008 last sell for?
AED 1,350,000 on 19 December 2015: AED 1,599 per sqft for 844 sqft. The unit has 2 registered sales; the first was AED 648,686 in January 2012.
What is the rent for unit 1008?
AED 70,000 a year on the contract signed on 3 July 2026. The previous contract, from March 2025, was AED 81,000; the unit has been rented since June 2014.
How big is unit 1008?
844 sqft (78.4 sqm): a one-bedroom apartment on the 10th floor of a 55-storey tower completed in 2010.
What is unit 1008 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mag 218 Tower sold for AED 1,025,000 to 1,600,000 in the last 12 months, around AED 1,365 per sqft.
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Mortgage on 1008, Mag 218 Tower
Starts from the last sale price (AED 1.35M, 19 December 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →