2-bed · 1,742 sqftMag 218 Tower, Dubai Marina · 11th floor · completed 2010

1110, Mag 218 Tower

Sold prices and rental history: sold 5 times, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1110 · DLD and Ejari recordsUpdated 24 February 2024
Last soldAED 1.75M13 December 2023
Current rentAED 110K /yr24 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1110, Mag 218 Tower

What is 1110 worth today?

Last sold for AED 1,750,000 in 2023

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24 Feb 2024RentedNew contract
AED 110,137/yr8 months · AED 63 per sqft
24 Feb 2024RentedNew contract
AED 110,137/yr8 months · AED 63 per sqft
13 Dec 2023SoldReady
AED 1,750,000AED 1,004 per sqft
24 Feb 2023RentedRenewal
AED 105,000/yr12 months · AED 60 per sqft
10 May 2022SoldReady
AED 1,500,000AED 861 per sqft
24 Feb 2022RentedNew contract
AED 93,500/yr12 months · AED 54 per sqft
24 Feb 2022RentedRenewal
AED 93,500/yr12 months · AED 54 per sqft
24 Feb 2021RentedRenewal
AED 85,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 24 February 2024.

Key facts

Type
2-bed apartment
Size
1,742 sqft
Floor
11th of 55
Parking
3B16
Developer
Dream Estate
Completed
2010
Service charge
AED 25,300 /yr
Last sold
AED 1.75M · December 2023

About 1110, Mag 218 Tower

1110 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 13 December 2023 for AED 1,750,000, or AED 1,004 per sqft, in line with the AED 1,032 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 24 February 2024, is AED 110,137 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 25,300 a year.

Sales and rents for 1110 over time

Sales
Unit 1110, 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 by developer, September 2010: AED 659,239 (AED 378 per sqft)Sold, September 2010: AED 1,318,478 (AED 756 per sqft)Sold, September 2011: AED 1,318,478 (AED 756 per sqft)Sold, May 2022: AED 1,500,000 (AED 861 per sqft)Sold, December 2023: AED 1,750,000 (AED 1,004 per sqft)

1110 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1110, 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, December 2013: AED 120,000 a yearNew contract, February 2017: AED 130,000 a yearRenewal, February 2018: AED 130,000 a yearRenewal, February 2019: AED 120,000 a yearRenewal, February 2020: AED 105,000 a yearRenewal, February 2021: AED 85,000 a yearNew contract, February 2022: AED 93,500 a yearRenewal, February 2022: AED 93,500 a yearRenewal, February 2023: AED 105,000 a yearNew contract, February 2024: AED 110,137 a yearNew contract, February 2024: AED 110,137 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 1110 sits

All 222 2-beds →

1110 last sold in December 2023 at AED 1,004 per sqft, in line with what two-beds in Mag 218 Tower were fetching at the time (AED 1,032). 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. 1110's AED 110,137 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 11th floor

All 550 units in Mag 218 Tower
Value
11012-bedAED 1.56M · Mar 2023
11021-bedAED 1M · Aug 2017
11031-bedAED 850K · Jun 2023
11041-bedAED 800K · Mar 2023
11052-bedAED 1.75M · Jan 2013
11062-bedAED 2.6M · Dec 2013
11071-bedAED 1.05M · Feb 2017
1–7 of 9

1110, Mag 218 Tower in numbers

  • Sold 5 times: first on 28 September 2010 for AED 1,318,478, last on 13 December 2023 for AED 1,750,000 (AED 1,004 per sqft).
  • Rented since December 2013 on 11 Ejari contracts. The rent fell from AED 120,000 to AED 85,000 in 2021 and recovered to AED 110,137 by February 2024.
  • At AED 110,137 a year the gross yield on the 2023 price is 6.3%, 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 24 February 2024.

Questions about 1110, Mag 218 Tower

What did unit 1110 last sell for?

AED 1,750,000 on 13 December 2023: AED 1,004 per sqft for 1,742 sqft. The unit has 5 registered sales; the first was AED 1,318,478 in September 2010.

What is the rent for unit 1110?

AED 110,137 a year on the contract signed on 24 February 2024. The previous contract, from February 2024, was AED 110,137; the unit has been rented since December 2013.

How big is unit 1110?

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 1110 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 1110, Mag 218 Tower

Starts from the last sale price (AED 1.75M, 13 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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