1609, Mag 218 Tower
Sold prices and rental history: sold 6 times, last in November 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1609, Mag 218 Tower
What is 1609 worth today?
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Source: Dubai Land Department. Updated 30 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 875 sqft
- Floor
- 16th of 55
- Parking
- 2B78
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.15M · November 2023
- Building
- Mag 218 Tower
About 1609, Mag 218 Tower
1609 is a one-bedroom apartment of 875 sqft on the 16th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 6 November 2023 for AED 1,150,000, or AED 1,314 per sqft, 14% above the AED 1,149 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 30 October 2025, is AED 85,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 12,700 a year.
Sales and rents for 1609 over time
1609 has sold 6 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 1609 sits
All 333 1-beds →1609 last sold in November 2023 at AED 1,314 per sqft, 14% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,149). 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. 1609's AED 85,000 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 16th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,742 sqft | AED 1.9MAED 1,900,000 · Feb 2015February 2015 | 107,415 /yr | |
| 1602 | 1-bed | 875 sqft | AED 1.1MAED 1,100,000 · Aug 2017August 2017 | 93,000 /yr | |
| 1603 | 1-bed | 844 sqft | AED 632KAED 631,852 · Mar 2011March 2011 | 70,000 /yr | |
| 1604 | 1-bed | 875 sqft | AED 683KAED 682,525 · Feb 2011February 2011 | 80,000 /yr | |
| 1605 | 2-bed | 1,742 sqft | AED 2.15MAED 2,150,000 · Mar 2015March 2015 | 115,500 /yr | |
| 1606 | 2-bed | 1,742 sqft | AED 1.38MAED 1,375,000 · Dec 2011December 2011 | 155,000 /yr | |
| 1607 | 1-bed | 875 sqft | AED 683KAED 682,525 · May 2013May 2013 | 75,000 /yr | |
| 1608 | 1-bed | 844 sqft | AED 740KAED 740,000 · Mar 2020March 2020 | 55,000 /yr | |
| 1610 | 2-bed | 1,742 sqft | AED 1.4MAED 1,400,000 · Nov 2011November 2011 | 50,000 /yr |
1609, Mag 218 Tower in numbers
- Sold 6 times: first on 6 July 2009 for AED 668,874, last on 6 November 2023 for AED 1,150,000 (AED 1,314 per sqft).
- Rented since June 2015 on 10 Ejari contracts. The rent fell from AED 96,658 to AED 45,000 in 2020 and recovered to AED 85,000 by October 2025.
- At AED 85,000 a year the gross yield on the 2023 price is 7.4%, 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 30 October 2025.
Questions about 1609, Mag 218 Tower
What did unit 1609 last sell for?
AED 1,150,000 on 6 November 2023: AED 1,314 per sqft for 875 sqft. The unit has 6 registered sales; the first was AED 668,874 in July 2009.
What is the rent for unit 1609?
AED 85,000 a year on the contract signed on 30 October 2025. The previous contract, from May 2024, was AED 87,000; the unit has been rented since June 2015.
How big is unit 1609?
875 sqft (81.3 sqm): a one-bedroom apartment on the 16th floor of a 55-storey tower completed in 2010.
What is unit 1609 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 1609, Mag 218 Tower
Starts from the last sale price (AED 1.15M, 6 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →