1-bed · 875 sqftMag 218 Tower, Dubai Marina · 19th floor · completed 2010

1904, Mag 218 Tower

Sold prices and rental history: sold twice, last in March 2018, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1904 · DLD and Ejari recordsUpdated 24 September 2024
Last soldAED 900K26 March 2018
Current rentAED 85K /yr24 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1904, Mag 218 Tower

What is 1904 worth today?

Last sold for AED 900,000 in 2018

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24 Sep 2024RentedNew contract
AED 85,000/yr24 months · AED 97 per sqft
26 Mar 2018SoldReady
AED 900,000AED 1,028 per sqft
22 Jun 2015RentedNew contract
AED 90,000/yr12 months · AED 103 per sqft
9 May 2011Sold by developerReady
AED 748,630AED 855 per sqft

Source: Dubai Land Department. Updated 24 September 2024.

Key facts

Type
1-bed apartment
Size
875 sqft
Floor
19th of 55
Parking
2B17
Developer
Dream Estate
Completed
2010
Service charge
AED 12,700 /yr
Last sold
AED 900K · March 2018

About 1904, Mag 218 Tower

1904 is a one-bedroom apartment of 875 sqft on the 19th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 26 March 2018 for AED 900,000, or AED 1,028 per sqft, 16% below the AED 1,224 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 24 September 2024, is AED 85,000 a year: a gross yield of 9.4% on the 2018 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1904 over time

Sales
Unit 1904, each saleTypical one-bed in Mag 218 Tower
1M2005201120172023Typical sale price by year: 2005 AED 721,665; 2006 AED 715,202; 2008 AED 781,429; 2009 AED 683,640; 2010 AED 724,314; 2011 AED 704,666; 2012 AED 727,380; 2013 AED 982,500; 2014 AED 1,350,000; 2015 AED 1,217,500; 2016 AED 1,100,000; 2017 AED 1,075,000; 2018 AED 995,920; 2019 AED 850,000; 2020 AED 740,000; 2021 AED 779,500; 2022 AED 900,000; 2023 AED 1,000,000; 2024 AED 1,135,000; 2025 AED 1,187,500; 2026 AED 1,185,000Sold by developer, May 2011: AED 748,630 (AED 855 per sqft)Sold, March 2018: AED 900,000 (AED 1,028 per sqft)

1904 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1904, each contractTypical one-bed in Mag 218 Tower
60K80K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 78,750; 2014 AED 85,675; 2015 AED 92,000; 2016 AED 90,000; 2017 AED 85,000; 2018 AED 78,000; 2019 AED 70,000; 2020 AED 55,000; 2021 AED 52,000; 2022 AED 61,700; 2023 AED 70,350; 2024 AED 81,000; 2025 AED 84,525; 2026 AED 80,000New contract, June 2015: AED 90,000 a yearNew contract, September 2024: AED 85,000 a year

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 1904 sits

All 333 1-beds →

1904 last sold in March 2018 at AED 1,028 per sqft, 16% below what one-beds in Mag 218 Tower were fetching at the time (AED 1,224). 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. 1904's AED 85,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Sep 20261,050,000
4 Sep 20261,150,000
14 Jul 20261,230,000
7 Jul 20261,250,000
19 1-bed sales in the last 12 months

Mag 218 Tower

Building

550 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%
Mag 218 Tower, Dubai Marina: prices, sales and rents →

Other units on the 19th floor

All 550 units in Mag 218 Tower
Value
19012-bedAED 1.9M · Feb 2015
19021-bedAED 718K · Aug 2011
19031-bedAED 970K · Sep 2013
19052-bedAED 1.2M · Jul 2011
19062-bedAED 1.3M · Aug 2011
19071-bedAED 681K · Jun 2011
19081-bedAED 787K · Jun 2010
1–7 of 9

1904, Mag 218 Tower in numbers

  • Sold twice: first on 9 May 2011 for AED 748,630, last on 26 March 2018 for AED 900,000 (AED 1,028 per sqft).
  • Rented since June 2015 on 2 Ejari contracts, from AED 90,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2018 price is 9.4%, 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 24 September 2024.

Questions about 1904, Mag 218 Tower

What did unit 1904 last sell for?

AED 900,000 on 26 March 2018: AED 1,028 per sqft for 875 sqft. The unit has 2 registered sales; the first was AED 748,630 in May 2011.

What is the rent for unit 1904?

AED 85,000 a year on the contract signed on 24 September 2024. The previous contract, from June 2015, was AED 90,000.

How big is unit 1904?

875 sqft (81.3 sqm): a one-bedroom apartment on the 19th floor of a 55-storey tower completed in 2010.

What is unit 1904 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 1904, Mag 218 Tower

Starts from the last sale price (AED 900K, 26 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →