1703, Mag 218 Tower
Sold prices and rental history: sold twice, last in October 2011, 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 1703, Mag 218 Tower
What is 1703 worth today?
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Source: Dubai Land Department. Updated 11 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 17th of 55
- Parking
- 2B70
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 750K · October 2011
- Building
- Mag 218 Tower
About 1703, Mag 218 Tower
1703 is a one-bedroom apartment of 844 sqft on the 17th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 19 October 2011 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 continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 11 May 2025, is AED 80,000 a year: a gross yield of 10.7% on the 2011 price, before the service charge of about AED 12,300 a year.
Sales and rents for 1703 over time
1703 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 1703 sits
All 333 1-beds →1703 last sold in October 2011 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. 1703'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 17th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,742 sqft | AED 1.41MAED 1,408,181 · Feb 2011February 2011 | ||
| 1702 | 1-bed | 875 sqft | AED 1.06MAED 1,060,000 · Dec 2016December 2016 | 70,000 /yr | |
| 1704 | 1-bed | 875 sqft | AED 753KAED 752,582 · Apr 2011April 2011 | ||
| 1705 | 2-bed | 1,742 sqft | AED 1.41MAED 1,408,181 · Mar 2015March 2015 | 140,000 /yr | |
| 1706 | 2-bed | 1,742 sqft | AED 1.41MAED 1,408,181 · Sep 2012September 2012 | 160,000 /yr | |
| 1707 | 1-bed | 875 sqft | AED 950KAED 950,000 · Apr 2019April 2019 | 47,000 /yr | |
| 1708 | 1-bed | 844 sqft | AED 1.4MAED 1,400,000 · Jan 2015January 2015 | 80,000 /yr | |
| 1709 | 1-bed | 875 sqft | AED 875KAED 875,000 · Sep 2022September 2022 | 92,000 /yr | |
| 1710 | 2-bed | 1,742 sqft | AED 1.43MAED 1,425,000 · Dec 2022December 2022 | 80,000 /yr |
1703, Mag 218 Tower in numbers
- Sold twice: first on 13 October 2011 for AED 725,737, last on 19 October 2011 for AED 750,000 (AED 888 per sqft).
- Rented since June 2015 on 10 Ejari contracts. The rent fell from AED 100,000 to AED 45,000 in 2021 and recovered to AED 80,000 by May 2025.
- At AED 80,000 a year the gross yield on the 2011 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 11 May 2025.
Questions about 1703, Mag 218 Tower
What did unit 1703 last sell for?
AED 750,000 on 19 October 2011: AED 888 per sqft for 844 sqft. The unit has 2 registered sales; the first was AED 725,737 in October 2011.
What is the rent for unit 1703?
AED 80,000 a year on the contract renewed on 11 May 2025. The previous contract, from May 2025, was AED 80,000; the unit has been rented since June 2015.
How big is unit 1703?
844 sqft (78.4 sqm): a one-bedroom apartment on the 17th floor of a 55-storey tower completed in 2010.
What is unit 1703 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 1703, Mag 218 Tower
Starts from the last sale price (AED 750K, 19 October 2011). 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 →