1503, Mag 218 Tower
Sold prices and rental history: sold 3 times, last in January 2012, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, Mag 218 Tower
What is 1503 worth today?
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Source: Dubai Land Department. Updated 8 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 15th of 55
- Parking
- 2B59
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 750K · January 2012
- Building
- Mag 218 Tower
About 1503, Mag 218 Tower
1503 is a one-bedroom apartment of 844 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 19 January 2012 for AED 750,000, or AED 888 per sqft, 11% above the AED 800 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 8 August 2025, is AED 80,000 a year: a gross yield of 10.7% on the 2012 price, before the service charge of about AED 12,300 a year.
Sales and rents for 1503 over time
1503 has sold 3 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 1503 sits
All 333 1-beds →1503 last sold in January 2012 at AED 888 per sqft, 11% above what one-beds in Mag 218 Tower were fetching at the time (AED 800). 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. 1503's AED 80,000 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 | ||
| 1502 | 1-bed | 875 sqft | AED 749KAED 748,973 · May 2013May 2013 | 75,000 /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 |
1503, Mag 218 Tower in numbers
- Sold 3 times: first on 6 July 2009 for AED 722,257, last on 19 January 2012 for AED 750,000 (AED 888 per sqft).
- Rented since September 2022 on 3 Ejari contracts, at AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2012 price is 10.7%, 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 8 August 2025.
Questions about 1503, Mag 218 Tower
What did unit 1503 last sell for?
AED 750,000 on 19 January 2012: AED 888 per sqft for 844 sqft. The unit has 3 registered sales; the first was AED 722,257 in July 2009.
What is the rent for unit 1503?
AED 80,000 a year on the contract signed on 8 August 2025. The previous contract, from November 2023, was AED 90,000; the unit has been rented since September 2022.
How big is unit 1503?
844 sqft (78.4 sqm): a one-bedroom apartment on the 15th floor of a 55-storey tower completed in 2010.
What is unit 1503 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 1503, Mag 218 Tower
Starts from the last sale price (AED 750K, 19 January 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 750,000
- Deposit, UAE resident (20%)
- AED 150,000
- Deposit, non-resident (40%)
- AED 300,000
- Monthly over 25 years at 3.7%
- AED 3,068
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →