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1-bed · 844 sqftMag 218 Tower, Dubai Marina · 19th floor · completed 2010

1908, Mag 218 Tower

Sold prices and rental history: sold once, by the developer in June 2010, and rented once, from October 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1908 · DLD and Ejari recordsUpdated 11 October 2020
Last soldAED 787K3 June 2010
Current rentAED 50K /yr11 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1908, Mag 218 Tower

What is 1908 worth today?

Last sold for AED 787,200 in 2010

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11 Oct 2020RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
3 Jun 2010Sold by developerOff-plan
AED 787,200AED 932 per sqft

Source: Dubai Land Department. Updated 11 October 2020.

Key facts

Type
1-bed apartment
Size
844 sqft
Floor
19th of 55
Parking
2B18
Developer
Dream Estate
Completed
2010
Service charge
AED 12,300 /yr
Last sold
AED 787K · June 2010
Building
Mag 218 Tower

About 1908, Mag 218 Tower

1908 is a one-bedroom apartment of 844 sqft on the 19th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. The developer sold it on 3 June 2010 for AED 787,200, or AED 932 per sqft, 17% above the AED 794 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 October 2020. The current contract, signed on 11 October 2020, is AED 50,000 a year: a gross yield of 6.3% on the 2010 price, before the service charge of about AED 12,300 a year.

Sales and rents for 1908 over time

Sales
Unit 1908, 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, June 2010: AED 787,200 (AED 932 per sqft)

1908 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1908, 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, October 2020: AED 50,000 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 1908 sits

All 333 1-beds →

1908 last sold in June 2010 at AED 932 per sqft, 17% above what one-beds in Mag 218 Tower were fetching at the time (AED 794). 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. 1908's AED 50,000 is at the bottom 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
19041-bedAED 900K · Mar 2018
19052-bedAED 1.2M · Jul 2011
19062-bedAED 1.3M · Aug 2011
19071-bedAED 681K · Jun 2011
1–7 of 9

1908, Mag 218 Tower in numbers

  • Sold once: by Dream Estate on 3 June 2010 for AED 787,200, or AED 932 per sqft.
  • Rented since October 2020 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2010 price is 6.3%, 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 October 2020.

Questions about 1908, Mag 218 Tower

What did unit 1908 last sell for?

AED 787,200 on 3 June 2010, sold by the developer: AED 932 per sqft for 844 sqft. It is the only registered sale of the unit.

What is the rent for unit 1908?

AED 50,000 a year on the contract signed on 11 October 2020.

How big is unit 1908?

844 sqft (78.4 sqm): a one-bedroom apartment on the 19th floor of a 55-storey tower completed in 2010.

What is unit 1908 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 1908, Mag 218 Tower

Starts from the last sale price (AED 787K, 3 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 787,200
Deposit, UAE resident (20%)
AED 157,440
Deposit, non-resident (40%)
AED 314,880
Monthly over 25 years at 3.7%
AED 3,221

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