1803, Mag 218 Tower
Sold prices and rental history: sold twice, last in May 2011, 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 1803, Mag 218 Tower
What is 1803 worth today?
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Source: Dubai Land Department. Updated 11 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 18th of 55
- Parking
- 2B30
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 661K · May 2011
- Building
- Mag 218 Tower
About 1803, Mag 218 Tower
1803 is a one-bedroom apartment of 844 sqft on the 18th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 30 May 2011 for AED 661,343, or AED 783 per sqft, in line with the AED 799 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 11 September 2024, is AED 65,000 a year: a gross yield of 9.8% on the 2011 price, before the service charge of about AED 12,300 a year.
Sales and rents for 1803 over time
1803 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 1803 sits
All 333 1-beds →1803 last sold in May 2011 at AED 783 per sqft, in line with what one-beds in Mag 218 Tower were fetching at the time (AED 799). 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. 1803's AED 65,000 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 18th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1801 | 2-bed | 1,742 sqft | AED 1.28MAED 1,283,243 · Jan 2011January 2011 | 105,000 /yr | |
| 1802 | 1-bed | 875 sqft | AED 820KAED 820,000 · Feb 2023February 2023 | 78,000 /yr | |
| 1804 | 1-bed | 875 sqft | AED 686KAED 685,806 · May 2011May 2011 | 74,000 /yr | |
| 1805 | 2-bed | 1,742 sqft | AED 1.98MAED 1,975,000 · May 2024May 2024 | 125,000 /yr | |
| 1806 | 2-bed | 1,742 sqft | AED 1.28MAED 1,283,243 · Aug 2013August 2013 | 122,064 /yr | |
| 1807 | 1-bed | 875 sqft | AED 1.3MAED 1,300,000 · Oct 2014October 2014 | 97,000 /yr | |
| 1808 | 1-bed | 844 sqft | AED 1.28MAED 1,280,000 · Apr 2026April 2026 | 92,000 /yr | |
| 1809 | 1-bed | 875 sqft | AED 1.4MAED 1,400,000 · Sep 2024September 2024 | 80,000 /yr | |
| 1810 | 2-bed | 1,742 sqft | AED 2.28MAED 2,280,000 · Jun 2025June 2025 | 76,000 /yr |
1803, Mag 218 Tower in numbers
- Sold twice: first on 6 July 2009 for AED 661,343, last on 30 May 2011 for AED 661,343 (AED 783 per sqft).
- Rented since February 2016 on 8 Ejari contracts. The rent fell from AED 87,000 to AED 48,000 in 2020 and recovered to AED 65,000 by September 2024.
- At AED 65,000 a year the gross yield on the 2011 price is 9.8%, 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 September 2024.
Questions about 1803, Mag 218 Tower
What did unit 1803 last sell for?
AED 661,343 on 30 May 2011: AED 783 per sqft for 844 sqft. The unit has 2 registered sales; the first was AED 661,343 in July 2009.
What is the rent for unit 1803?
AED 65,000 a year on the contract renewed on 11 September 2024. The previous contract, from September 2024, was AED 65,000; the unit has been rented since February 2016.
How big is unit 1803?
844 sqft (78.4 sqm): a one-bedroom apartment on the 18th floor of a 55-storey tower completed in 2010.
What is unit 1803 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 1803, Mag 218 Tower
Starts from the last sale price (AED 661K, 30 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 661,343
- Deposit, UAE resident (20%)
- AED 132,269
- Deposit, non-resident (40%)
- AED 264,537
- Monthly over 25 years at 3.7%
- AED 2,706
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →