103, Mag 218 Tower
Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 103, Mag 218 Tower
What is 103 worth today?
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Source: Dubai Land Department. Updated 15 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 1st of 55
- Parking
- 4P25
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 1.01M · November 2023
- Building
- Mag 218 Tower
About 103, Mag 218 Tower
103 is a one-bedroom apartment of 844 sqft on the 1st floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 15 November 2023 for AED 1,010,000, or AED 1,196 per sqft, 3% above the AED 1,156 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 13 November 2017, is AED 77,500 a year: a gross yield of 7.7% on the 2023 price, before the service charge of about AED 12,300 a year.
Sales and rents for 103 over time
103 has sold 3 times; 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 103 sits
All 333 1-beds →103 last sold in November 2023 at AED 1,196 per sqft, 3% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,156). 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. 103's AED 77,500 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 1st floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,723 sqft | AED 2.45MAED 2,450,000 · May 2025May 2025 | 115,000 /yr | |
| 102 | 1-bed | 864 sqft | AED 715KAED 714,804 · Oct 2012October 2012 | 78,100 /yr | |
| 104 | 1-bed | 864 sqft | AED 870KAED 870,000 · Apr 2014April 2014 | 77,178 /yr | |
| 105 | 2-bed | 1,723 sqft | AED 1.95MAED 1,950,000 · Sep 2015September 2015 | 125,000 /yr | |
| 106 | 2-bed | 1,723 sqft | AED 2.25MAED 2,250,000 · Nov 2024November 2024 | 130,000 /yr | |
| 107 | 1-bed | 864 sqft | AED 1.18MAED 1,180,000 · Mar 2026March 2026 | 82,000 /yr | |
| 108 | 1-bed | 844 sqft | AED 1.04MAED 1,040,429 · Mar 2024March 2024 | 65,000 /yr | |
| 109 | 1-bed | 864 sqft | AED 650KAED 649,822 · May 2011May 2011 | 85,000 /yr | |
| 110 | 2-bed | 1,723 sqft | AED 1.67MAED 1,670,000 · Oct 2016October 2016 | 130,000 /yr |
103, Mag 218 Tower in numbers
- Sold 3 times: first on 19 November 2012 for AED 571,002, last on 15 November 2023 for AED 1,010,000 (AED 1,196 per sqft).
- Rented since October 2012 on 4 Ejari contracts, from AED 65,000 to AED 77,500 a year.
- At AED 77,500 a year the gross yield on the 2023 price is 7.7%, 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 15 November 2023.
Questions about 103, Mag 218 Tower
What did unit 103 last sell for?
AED 1,010,000 on 15 November 2023: AED 1,196 per sqft for 844 sqft. The unit has 3 registered sales; the first was AED 571,002 in November 2012.
What is the rent for unit 103?
AED 77,500 a year on the contract renewed on 13 November 2017. The previous contract, from November 2016, was AED 77,500; the unit has been rented since October 2012.
How big is unit 103?
844 sqft (78.4 sqm): a one-bedroom apartment on the 1st floor of a 55-storey tower completed in 2010.
What is unit 103 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 103, Mag 218 Tower
Starts from the last sale price (AED 1.01M, 15 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,010,000
- Deposit, UAE resident (20%)
- AED 202,000
- Deposit, non-resident (40%)
- AED 404,000
- Monthly over 25 years at 3.7%
- AED 4,132
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →