2-bed · 1,723 sqftMag 218 Tower, Dubai Marina · 1st floor · completed 2010

110, Mag 218 Tower

Sold prices and rental history: sold 4 times, last in October 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 110 · DLD and Ejari recordsUpdated 10 October 2016
Last soldAED 1.67M10 October 2016
Current rentAED 130K /yr15 July 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 110, Mag 218 Tower

What is 110 worth today?

Last sold for AED 1,670,000 in 2016

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10 Oct 2016SoldReady
AED 1,670,000AED 969 per sqft
8 Sep 2016SoldReady
AED 1,450,000AED 841 per sqft
15 Jul 2015RentedRenewal
AED 130,000/yr12 months · AED 75 per sqft
15 Jul 2014RentedNew contract
AED 110,000/yr12 months · AED 64 per sqft
14 Jul 2013RentedNew contract
AED 99,732/yr12 months · AED 58 per sqft
24 Jul 2012SoldReady
AED 1,094,742AED 635 per sqft
5 Jul 2012Sold by developerReady
AED 1,094,742AED 635 per sqft

Source: Dubai Land Department. Updated 10 October 2016.

Key facts

Type
2-bed apartment
Size
1,723 sqft
Floor
1st of 55
Parking
4P52
Developer
Dream Estate
Completed
2010
Service charge
AED 25,100 /yr
Last sold
AED 1.67M · October 2016

About 110, Mag 218 Tower

110 is a two-bedroom apartment of 1,723 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 10 October 2016 for AED 1,670,000, or AED 969 per sqft, 8% below the AED 1,052 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 15 July 2015, is AED 130,000 a year: a gross yield of 7.8% on the 2016 price, before the service charge of about AED 25,100 a year.

Sales and rents for 110 over time

Sales
Unit 110, each saleTypical two-bed in Mag 218 Tower
1M2M2006201220182024Typical sale price by year: 2006 AED 1,318,478; 2009 AED 1,437,450; 2010 AED 1,377,898; 2011 AED 1,423,264; 2012 AED 1,415,209; 2013 AED 1,700,000; 2014 AED 2,275,000; 2015 AED 1,950,000; 2016 AED 1,800,000; 2017 AED 1,840,000; 2018 AED 1,550,000; 2019 AED 1,215,000; 2020 AED 1,150,000; 2021 AED 1,215,000; 2022 AED 1,534,583; 2023 AED 1,797,500; 2024 AED 2,175,000; 2025 AED 2,200,000; 2026 AED 2,265,000Sold, July 2012: AED 1,094,742 (AED 635 per sqft)Sold by developer, July 2012: AED 1,094,742 (AED 635 per sqft)Sold, September 2016: AED 1,450,000 (AED 841 per sqft)Sold, October 2016: AED 1,670,000 (AED 969 per sqft)

110 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 110, each contractTypical two-bed in Mag 218 Tower
100K125K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 130,000; 2015 AED 137,634; 2016 AED 135,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 104,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 96,800; 2023 AED 105,500; 2024 AED 126,000; 2025 AED 130,000; 2026 AED 126,000New contract, July 2013: AED 99,732 a yearNew contract, July 2014: AED 110,000 a yearRenewal, July 2015: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mag 218 Tower, and where 110 sits

All 222 2-beds →

110 last sold in October 2016 at AED 969 per sqft, 8% below what two-beds in Mag 218 Tower were fetching at the time (AED 1,052). Over the last 12 months two-beds sold for AED 1,600,000 to 2,500,000, around AED 1,273 per sqft, and rent for AED 70,000 to 275,000 a year. 110's AED 130,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20261,600,000
25 Sep 20262,100,000
24 Jun 20262,040,000
19 May 20262,450,000
8 2-bed sales in the last 12 months

Mag 218 Tower

Building

550 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%
Mag 218 Tower, Dubai Marina: prices, sales and rents →

Other units on the 1st floor

All 550 units in Mag 218 Tower
Value
1012-bedAED 2.45M · May 2025
1021-bedAED 715K · Oct 2012
1031-bedAED 1.01M · Nov 2023
1041-bedAED 870K · Apr 2014
1052-bedAED 1.95M · Sep 2015
1062-bedAED 2.25M · Nov 2024
1071-bedAED 1.18M · Mar 2026
1–7 of 9

110, Mag 218 Tower in numbers

  • Sold 4 times: first on 5 July 2012 for AED 1,094,742, last on 10 October 2016 for AED 1,670,000 (AED 969 per sqft).
  • Rented since July 2013 on 3 Ejari contracts, from AED 99,732 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2016 price is 7.8%, before a service charge of about AED 25,100 a year (AED 14.54 per sqft).
  • Two-beds in Mag 218 Tower sold for AED 1,600,000–2,500,000 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 10 October 2016.

Questions about 110, Mag 218 Tower

What did unit 110 last sell for?

AED 1,670,000 on 10 October 2016: AED 969 per sqft for 1,723 sqft. The unit has 4 registered sales; the first was AED 1,094,742 in July 2012.

What is the rent for unit 110?

AED 130,000 a year on the contract renewed on 15 July 2015. The previous contract, from July 2014, was AED 110,000; the unit has been rented since July 2013.

How big is unit 110?

1,723 sqft (160.1 sqm): a two-bedroom apartment on the 1st floor of a 55-storey tower completed in 2010.

What is unit 110 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mag 218 Tower sold for AED 1,600,000 to 2,500,000 in the last 12 months, around AED 1,273 per sqft.

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Mortgage on 110, Mag 218 Tower

Starts from the last sale price (AED 1.67M, 10 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,670,000
Deposit, UAE resident (20%)
AED 334,000
Deposit, non-resident (40%)
AED 668,000
Monthly over 25 years at 3.7%
AED 6,832

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →