2303, Mag 218 Tower
Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2303, Mag 218 Tower
What is 2303 worth today?
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Source: Dubai Land Department. Updated 1 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 23rd of 55
- Parking
- 1B54
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 425K · December 2012
- Building
- Mag 218 Tower
About 2303, Mag 218 Tower
2303 is a one-bedroom apartment of 844 sqft on the 23rd floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 23 December 2012 for AED 425,000, or AED 503 per sqft, 39% below the AED 830 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 76,810 a year: a gross yield of 18.1% on the 2012 price, before the service charge of about AED 12,300 a year.
Sales and rents for 2303 over time
2303 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 2303 sits
All 333 1-beds →2303 last sold in December 2012 at AED 503 per sqft, 39% below what one-beds in Mag 218 Tower were fetching at the time (AED 830). 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. 2303's AED 76,810 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 23rd floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,760 sqft | AED 1.25MAED 1,247,465 · Oct 2012October 2012 | 145,000 /yr | |
| 2302 | 1-bed | 886 sqft | AED 1MAED 1,000,000 · Jul 2023July 2023 | 56,000 /yr | |
| 2304 | 1-bed | 886 sqft | AED 850KAED 850,000 · Oct 2012October 2012 | 80,000 /yr | |
| 2305 | 2-bed | 1,760 sqft | AED 1.23MAED 1,230,000 · Mar 2021March 2021 | 140,000 /yr | |
| 2306 | 2-bed | 1,760 sqft | AED 2.5MAED 2,500,000 · Oct 2023October 2023 | 140,000 /yr | |
| 2307 | 1-bed | 886 sqft | AED 1.6MAED 1,600,000 · Nov 2025November 2025 | 125,000 /yr | |
| 2308 | 1-bed | 844 sqft | AED 1.2MAED 1,196,600 · Mar 2017March 2017 | 72,500 /yr | |
| 2309 | 1-bed | 886 sqft | AED 1.77MAED 1,765,000 · Apr 2014April 2014 | 65,000 /yr | |
| 2310 | 2-bed | 1,760 sqft | AED 2.2MAED 2,200,000 · Mar 2025March 2025 | 120,000 /yr |
2303, Mag 218 Tower in numbers
- Sold twice: first on 14 November 2012 for AED 635,791, last on 23 December 2012 for AED 425,000 (AED 503 per sqft).
- Rented since November 2014 on 12 Ejari contracts. The rent fell from AED 72,000 to AED 48,000 in 2021 and recovered to AED 76,810 by February 2025.
- At AED 76,810 a year the gross yield on the 2012 price is 18.1%, 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 1 February 2025.
Questions about 2303, Mag 218 Tower
What did unit 2303 last sell for?
AED 425,000 on 23 December 2012: AED 503 per sqft for 844 sqft. The unit has 2 registered sales; the first was AED 635,791 in November 2012.
What is the rent for unit 2303?
AED 76,810 a year on the contract renewed on 1 February 2025. The previous contract, from February 2025, was AED 76,810; the unit has been rented since November 2014.
How big is unit 2303?
844 sqft (78.4 sqm): a one-bedroom apartment on the 23rd floor of a 55-storey tower completed in 2010.
What is unit 2303 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 2303, Mag 218 Tower
Starts from the last sale price (AED 425K, 23 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 425,000
- Deposit, UAE resident (20%)
- AED 85,000
- Deposit, non-resident (40%)
- AED 170,000
- Monthly over 25 years at 3.7%
- AED 1,739
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →