1308, Mag 218 Tower
Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1308, Mag 218 Tower
What is 1308 worth today?
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Source: Dubai Land Department. Updated 26 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 13th of 55
- Parking
- 3B05
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 875K · June 2024
- Building
- Mag 218 Tower
About 1308, Mag 218 Tower
1308 is a one-bedroom apartment of 844 sqft on the 13th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 3 June 2024 for AED 875,000, or AED 1,036 per sqft, 19% below the AED 1,280 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 26 July 2025, is AED 90,000 a year: a gross yield of 10.3% on the 2024 price, before the service charge of about AED 12,300 a year.
Sales and rents for 1308 over time
1308 has sold twice; 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 1308 sits
All 333 1-beds →1308 last sold in June 2024 at AED 1,036 per sqft, 19% below what one-beds in Mag 218 Tower were fetching at the time (AED 1,280). 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. 1308's AED 90,000 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 13th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 2-bed | 1,742 sqft | AED 1.6MAED 1,600,000 · Apr 2016April 2016 | 80,500 /yr | |
| 1302 | 1-bed | 875 sqft | AED 1.05MAED 1,050,000 · Jun 2013June 2013 | 77,000 /yr | |
| 1303 | 1-bed | 844 sqft | AED 621KAED 620,761 · May 2011May 2011 | 80,000 /yr | |
| 1304 | 1-bed | 875 sqft | AED 745KAED 745,363 · Jul 2009July 2009 | 70,000 /yr | |
| 1305 | 2-bed | 1,742 sqft | AED 1.7MAED 1,695,195 · Nov 2011November 2011 | 135,000 /yr | |
| 1306 | 2-bed | 1,742 sqft | AED 2.4MAED 2,400,000 · May 2014May 2014 | 100,000 /yr | |
| 1307 | 1-bed | 875 sqft | AED 1.15MAED 1,150,000 · Sep 2026September 2026 | 90,000 /yr | |
| 1309 | 1-bed | 875 sqft | AED 678KAED 677,603 · Jul 2013July 2013 | 83,000 /yr | |
| 1310 | 2-bed | 1,742 sqft | AED 2.2MAED 2,200,000 · Dec 2013December 2013 | 117,150 /yr |
1308, Mag 218 Tower in numbers
- Sold twice: first on 16 June 2010 for AED 800,000, last on 3 June 2024 for AED 875,000 (AED 1,036 per sqft).
- Rented since February 2020 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 50,000 in 2021 and recovered to AED 90,000 by July 2025.
- At AED 90,000 a year the gross yield on the 2024 price is 10.3%, 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 26 July 2025.
Questions about 1308, Mag 218 Tower
What did unit 1308 last sell for?
AED 875,000 on 3 June 2024: AED 1,036 per sqft for 844 sqft. The unit has 2 registered sales; the first was AED 800,000 in June 2010.
What is the rent for unit 1308?
AED 90,000 a year on the contract signed on 26 July 2025. The previous contract, from July 2025, was AED 90,000; the unit has been rented since February 2020.
How big is unit 1308?
844 sqft (78.4 sqm): a one-bedroom apartment on the 13th floor of a 55-storey tower completed in 2010.
What is unit 1308 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 1308, Mag 218 Tower
Starts from the last sale price (AED 875K, 3 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 875,000
- Deposit, UAE resident (20%)
- AED 175,000
- Deposit, non-resident (40%)
- AED 350,000
- Monthly over 25 years at 3.7%
- AED 3,580
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →