1502, Mag 218 Tower
Sold prices and rental history: sold twice, last in May 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1502, Mag 218 Tower
What is 1502 worth today?
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Source: Dubai Land Department. Updated 25 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 875 sqft
- Floor
- 15th of 55
- Parking
- 2B60
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,700 /yr
- Last sold
- AED 749K · May 2013
- Building
- Mag 218 Tower
About 1502, Mag 218 Tower
1502 is a one-bedroom apartment of 875 sqft on the 15th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 22 May 2013 for AED 748,973, or AED 855 per sqft, in line with the AED 836 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 25 July 2026, is AED 75,000 a year: a gross yield of 10.0% on the 2013 price, before the service charge of about AED 12,700 a year.
Sales and rents for 1502 over time
1502 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 1502 sits
All 333 1-beds →1502 last sold in May 2013 at AED 855 per sqft, in line with what one-beds in Mag 218 Tower were fetching at the time (AED 836). 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. 1502's AED 75,000 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 15th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,742 sqft | AED 2.2MAED 2,200,000 · Feb 2014February 2014 | ||
| 1503 | 1-bed | 844 sqft | AED 750KAED 750,000 · Jan 2012January 2012 | 80,000 /yr | |
| 1504 | 1-bed | 437 sqft | AED 930KAED 930,000 · Nov 2023November 2023 | 66,000 /yr | |
| 1505 | 2-bed | 1,742 sqft | AED 1.7MAED 1,703,424 · Oct 2013October 2013 | 275,000 /yr | |
| 1506 | 2-bed | 1,742 sqft | AED 2.2MAED 2,200,000 · Jun 2024June 2024 | 90,000 /yr | |
| 1507 | 1-bed | 875 sqft | AED 1.1MAED 1,100,000 · Apr 2016April 2016 | 50,000 /yr | |
| 1508 | 1-bed | 844 sqft | AED 700KAED 700,000 · Aug 2020August 2020 | 60,000 /yr | |
| 1509 | 1-bed | 875 sqft | AED 660KAED 660,457 · Dec 2011December 2011 | 66,150 /yr | |
| 1510 | 2-bed | 1,742 sqft | AED 1.43MAED 1,430,000 · Oct 2012October 2012 | 123,000 /yr |
1502, Mag 218 Tower in numbers
- Sold twice: first on 6 July 2009 for AED 748,973, last on 22 May 2013 for AED 748,973 (AED 855 per sqft).
- Rented since March 2016 on 5 Ejari contracts. The rent fell from AED 85,000 to AED 43,000 in 2021 and recovered to AED 75,000 by July 2026.
- At AED 75,000 a year the gross yield on the 2013 price is 10.0%, before a service charge of about AED 12,700 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 25 July 2026.
Questions about 1502, Mag 218 Tower
What did unit 1502 last sell for?
AED 748,973 on 22 May 2013: AED 855 per sqft for 875 sqft. The unit has 2 registered sales; the first was AED 748,973 in July 2009.
What is the rent for unit 1502?
AED 75,000 a year on the contract signed on 25 July 2026. The previous contract, from February 2021, was AED 43,000; the unit has been rented since March 2016.
How big is unit 1502?
875 sqft (81.3 sqm): a one-bedroom apartment on the 15th floor of a 55-storey tower completed in 2010.
What is unit 1502 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 1502, Mag 218 Tower
Starts from the last sale price (AED 749K, 22 May 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 748,973
- Deposit, UAE resident (20%)
- AED 149,795
- Deposit, non-resident (40%)
- AED 299,589
- Monthly over 25 years at 3.7%
- AED 3,064
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →