2304, Mag 218 Tower
Sold prices and rental history: sold 3 times, last in October 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2304, Mag 218 Tower
What is 2304 worth today?
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Source: Dubai Land Department. Updated 14 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 886 sqft
- Floor
- 23rd of 55
- Parking
- 1B55
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,900 /yr
- Last sold
- AED 850K · October 2012
- Building
- Mag 218 Tower
About 2304, Mag 218 Tower
2304 is a one-bedroom apartment of 886 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 18 October 2012 for AED 850,000, or AED 959 per sqft, 16% above the AED 827 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 14 January 2025, is AED 80,000 a year: a gross yield of 9.4% on the 2012 price, before the service charge of about AED 12,900 a year.
Sales and rents for 2304 over time
2304 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 2304 sits
All 333 1-beds →2304 last sold in October 2012 at AED 959 per sqft, 16% above what one-beds in Mag 218 Tower were fetching at the time (AED 827). 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. 2304's AED 80,000 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 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 | |
| 2303 | 1-bed | 844 sqft | AED 425KAED 425,000 · Dec 2012December 2012 | 76,810 /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 |
2304, Mag 218 Tower in numbers
- Sold 3 times: first on 6 July 2009 for AED 667,419, last on 18 October 2012 for AED 850,000 (AED 959 per sqft).
- Rented since December 2013 on 13 Ejari contracts. The rent fell from AED 91,500 to AED 55,000 in 2022 and recovered to AED 80,000 by January 2025.
- At AED 80,000 a year the gross yield on the 2012 price is 9.4%, before a service charge of about AED 12,900 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 14 January 2025.
Questions about 2304, Mag 218 Tower
What did unit 2304 last sell for?
AED 850,000 on 18 October 2012: AED 959 per sqft for 886 sqft. The unit has 3 registered sales; the first was AED 667,419 in July 2009.
What is the rent for unit 2304?
AED 80,000 a year on the contract signed on 14 January 2025. The previous contract, from January 2025, was AED 80,000; the unit has been rented since December 2013.
How big is unit 2304?
886 sqft (82.3 sqm): a one-bedroom apartment on the 23rd floor of a 55-storey tower completed in 2010.
What is unit 2304 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 2304, Mag 218 Tower
Starts from the last sale price (AED 850K, 18 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →