1707, Mag 218 Tower
Sold prices and rental history: sold 3 times, last in April 2019, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1707, Mag 218 Tower
What is 1707 worth today?
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Source: Dubai Land Department. Updated 3 April 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 875 sqft
- Floor
- 17th of 55
- Parking
- 2B68
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,700 /yr
- Last sold
- AED 950K · April 2019
- Building
- Mag 218 Tower
About 1707, Mag 218 Tower
1707 is a one-bedroom apartment of 875 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 1 April 2019 for AED 950,000, or AED 1,085 per sqft, in line with the AED 1,105 one-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 3 April 2021, is AED 47,000 a year: a gross yield of 5.0% on the 2019 price, before the service charge of about AED 12,700 a year.
Sales and rents for 1707 over time
1707 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 1707 sits
All 333 1-beds →1707 last sold in April 2019 at AED 1,085 per sqft, in line with what one-beds in Mag 218 Tower were fetching at the time (AED 1,105). 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. 1707's AED 47,000 is at the bottom 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 | |
| 1703 | 1-bed | 844 sqft | AED 750KAED 750,000 · Oct 2011October 2011 | 80,000 /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 | |
| 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 |
1707, Mag 218 Tower in numbers
- Sold 3 times: first on 26 February 2012 for AED 752,582, last on 1 April 2019 for AED 950,000 (AED 1,085 per sqft).
- Rented since January 2019 on 3 Ejari contracts, from AED 68,000 to AED 47,000 a year.
- At AED 47,000 a year the gross yield on the 2019 price is 5.0%, 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 3 April 2021.
Questions about 1707, Mag 218 Tower
What did unit 1707 last sell for?
AED 950,000 on 1 April 2019: AED 1,085 per sqft for 875 sqft. The unit has 3 registered sales; the first was AED 752,582 in February 2012.
What is the rent for unit 1707?
AED 47,000 a year on the contract signed on 3 April 2021. The previous contract, from February 2020, was AED 60,000; the unit has been rented since January 2019.
How big is unit 1707?
875 sqft (81.3 sqm): a one-bedroom apartment on the 17th floor of a 55-storey tower completed in 2010.
What is unit 1707 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 1707, Mag 218 Tower
Starts from the last sale price (AED 950K, 1 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →