1208, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in July 2012, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1208, Mag 218 Tower
What is 1208 worth today?
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Source: Dubai Land Department. Updated 18 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 12th of 55
- Parking
- 3B54
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 850K · July 2012
- Building
- Mag 218 Tower
About 1208, Mag 218 Tower
1208 is a one-bedroom apartment of 844 sqft on the 12th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 19 July 2012 for AED 850,000, or AED 1,007 per sqft, 24% above the AED 809 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 18 August 2026, is AED 73,000 a year: a gross yield of 8.6% on the 2012 price, before the service charge of about AED 12,300 a year.
Sales and rents for 1208 over time
1208 has sold 4 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 1208 sits
All 333 1-beds →1208 last sold in July 2012 at AED 1,007 per sqft, 24% above what one-beds in Mag 218 Tower were fetching at the time (AED 809). 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. 1208's AED 73,000 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 12th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,742 sqft | AED 1.18MAED 1,180,000 · Jul 2019July 2019 | 112,000 /yr | |
| 1202 | 1-bed | 875 sqft | AED 800KAED 800,000 · Feb 2023February 2023 | 78,000 /yr | |
| 1203 | 1-bed | 844 sqft | AED 1.28MAED 1,280,000 · Feb 2014February 2014 | 66,642 /yr | |
| 1204 | 1-bed | 875 sqft | AED 789KAED 789,000 · Oct 2022October 2022 | 65,000 /yr | |
| 1205 | 2-bed | 1,742 sqft | AED 1.4MAED 1,400,000 · Nov 2018November 2018 | 135,000 /yr | |
| 1206 | 2-bed | 1,742 sqft | AED 2.45MAED 2,450,000 · Jan 2014January 2014 | 150,000 /yr | |
| 1207 | 1-bed | 446 sqft | AED 570KAED 569,729 · Apr 2025April 2025 | ||
| 1209 | 1-bed | 875 sqft | AED 1.05MAED 1,050,000 · Oct 2022October 2022 | 70,000 /yr | |
| 1210 | 2-bed | 1,742 sqft | AED 2.13MAED 2,125,000 · Jul 2023July 2023 | 145,000 /yr |
1208, Mag 218 Tower in numbers
- Sold 4 times: first on 9 August 2010 for AED 586,665, last on 19 July 2012 for AED 850,000 (AED 1,007 per sqft).
- Rented since November 2018 on 9 Ejari contracts. The rent fell from AED 78,000 to AED 65,000 in 2020 and recovered to AED 73,000 by August 2026.
- At AED 73,000 a year the gross yield on the 2012 price is 8.6%, 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 18 August 2026.
Questions about 1208, Mag 218 Tower
What did unit 1208 last sell for?
AED 850,000 on 19 July 2012: AED 1,007 per sqft for 844 sqft. The unit has 4 registered sales; the first was AED 586,665 in August 2010.
What is the rent for unit 1208?
AED 73,000 a year on the contract signed on 18 August 2026. The previous contract, from February 2026, was AED 82,000; the unit has been rented since November 2018.
How big is unit 1208?
844 sqft (78.4 sqm): a one-bedroom apartment on the 12th floor of a 55-storey tower completed in 2010.
What is unit 1208 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 1208, Mag 218 Tower
Starts from the last sale price (AED 850K, 19 July 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →