1101, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in March 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1101, Mag 218 Tower
What is 1101 worth today?
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Source: Dubai Land Department. Updated 22 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,742 sqft
- Floor
- 11th of 55
- Parking
- 3B11
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,300 /yr
- Last sold
- AED 1.56M · March 2023
- Building
- Mag 218 Tower
About 1101, Mag 218 Tower
1101 is a two-bedroom apartment of 1,742 sqft on the 11th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 22 March 2023 for AED 1,560,000, or AED 895 per sqft, in line with the AED 883 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 30 January 2019, is AED 115,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 25,300 a year.
Sales and rents for 1101 over time
1101 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 1101 sits
All 222 2-beds →1101 last sold in March 2023 at AED 895 per sqft, in line with what two-beds in Mag 218 Tower were fetching at the time (AED 883). 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. 1101's AED 115,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 1,723 sqft | 1,600,000 | 928 | ||
| 25 Sep 202625 September 2026 | 1,798 sqft | 2,100,000 | 1,167 | ||
| 24 Jun 202624 June 2026 | 1,723 sqft | 2,040,000 | 1,183 | ||
| 19 May 202619 May 2026 | 1,798 sqft | 2,450,000 | 1,362 |
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 11th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1102 | 1-bed | 875 sqft | AED 1MAED 1,000,000 · Aug 2017August 2017 | 75,600 /yr | |
| 1103 | 1-bed | 844 sqft | AED 850KAED 850,000 · Jun 2023June 2023 | 85,000 /yr | |
| 1104 | 1-bed | 875 sqft | AED 800KAED 800,000 · Mar 2023March 2023 | 66,000 /yr | |
| 1105 | 2-bed | 1,742 sqft | AED 1.75MAED 1,750,000 · Jan 2013January 2013 | 150,000 /yr | |
| 1106 | 2-bed | 1,742 sqft | AED 2.6MAED 2,600,000 · Dec 2013December 2013 | 130,000 /yr | |
| 1107 | 1-bed | 875 sqft | AED 1.05MAED 1,050,000 · Feb 2017February 2017 | 70,000 /yr | |
| 1108 | 1-bed | 844 sqft | AED 1.18MAED 1,175,000 · Jun 2017June 2017 | 73,500 /yr | |
| 1109 | 1-bed | 875 sqft | AED 1.28MAED 1,275,000 · Nov 2025November 2025 | 90,000 /yr | |
| 1110 | 2-bed | 1,742 sqft | AED 1.75MAED 1,750,000 · Dec 2023December 2023 | 110,137 /yr |
1101, Mag 218 Tower in numbers
- Sold 4 times: first on 23 February 2010 for AED 1,318,478, last on 22 March 2023 for AED 1,560,000 (AED 895 per sqft).
- Rented since January 2013 on 7 Ejari contracts, from AED 121,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2023 price is 7.4%, before a service charge of about AED 25,300 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 22 March 2023.
Questions about 1101, Mag 218 Tower
What did unit 1101 last sell for?
AED 1,560,000 on 22 March 2023: AED 895 per sqft for 1,742 sqft. The unit has 4 registered sales; the first was AED 1,318,478 in February 2010.
What is the rent for unit 1101?
AED 115,000 a year on the contract renewed on 30 January 2019. The previous contract, from January 2018, was AED 130,000; the unit has been rented since January 2013.
How big is unit 1101?
1,742 sqft (161.8 sqm): a two-bedroom apartment on the 11th floor of a 55-storey tower completed in 2010.
What is unit 1101 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 1101, Mag 218 Tower
Starts from the last sale price (AED 1.56M, 22 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,560,000
- Deposit, UAE resident (20%)
- AED 312,000
- Deposit, non-resident (40%)
- AED 624,000
- Monthly over 25 years at 3.7%
- AED 6,382
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →