1504, Mag 218 Tower
Sold prices and rental history: sold 3 times, last in November 2023, 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 1504, Mag 218 Tower
What is 1504 worth today?
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Source: Dubai Land Department. Updated 15 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 437 sqft
- Floor
- 15th of 55
- Parking
- 2B58
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 6,400 /yr
- Last sold
- AED 930K · November 2023
- Building
- Mag 218 Tower
About 1504, Mag 218 Tower
1504 is a one-bedroom apartment of 437 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 1 November 2023 for AED 930,000, or AED 2,125 per sqft, 86% above the AED 1,142 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 15 September 2026, is AED 66,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 6,400 a year.
Sales and rents for 1504 over time
1504 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 1504 sits
All 333 1-beds →1504 last sold in November 2023 at AED 2,125 per sqft, 86% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,142). 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. 1504's AED 66,000 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 | |
| 1503 | 1-bed | 844 sqft | AED 750KAED 750,000 · Jan 2012January 2012 | 80,000 /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 |
1504, Mag 218 Tower in numbers
- Sold 3 times: first on 6 July 2009 for AED 748,973, last on 1 November 2023 for AED 930,000 (AED 2,125 per sqft).
- Rented since February 2016 on 9 Ejari contracts. The rent fell from AED 73,000 to AED 50,000 in 2021 and recovered to AED 66,000 by September 2026.
- At AED 66,000 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 6,400 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 15 September 2026.
Questions about 1504, Mag 218 Tower
What did unit 1504 last sell for?
AED 930,000 on 1 November 2023: AED 2,125 per sqft for 437 sqft. The unit has 3 registered sales; the first was AED 748,973 in July 2009.
What is the rent for unit 1504?
AED 66,000 a year on the contract signed on 15 September 2026. The previous contract, from December 2024, was AED 84,000; the unit has been rented since February 2016.
How big is unit 1504?
437 sqft (40.6 sqm): a one-bedroom apartment on the 15th floor of a 55-storey tower completed in 2010.
What is unit 1504 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 1504, Mag 218 Tower
Starts from the last sale price (AED 930K, 1 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 930,000
- Deposit, UAE resident (20%)
- AED 186,000
- Deposit, non-resident (40%)
- AED 372,000
- Monthly over 25 years at 3.7%
- AED 3,805
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →