2408, Mag 218 Tower
Sold prices and rental history: sold 3 times, last in March 2015, 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 2408, Mag 218 Tower
What is 2408 worth today?
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Source: Dubai Land Department. Updated 11 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 24th of 55
- Parking
- 1B45
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 1.44M · March 2015
- Building
- Mag 218 Tower
About 2408, Mag 218 Tower
2408 is a one-bedroom apartment of 844 sqft on the 24th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 29 March 2015 for AED 1,435,000, or AED 1,700 per sqft, 10% above the AED 1,542 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 11 January 2026, is AED 92,000 a year: a gross yield of 6.4% on the 2015 price, before the service charge of about AED 12,300 a year.
Sales and rents for 2408 over time
2408 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 2408 sits
All 333 1-beds →2408 last sold in March 2015 at AED 1,700 per sqft, 10% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,542). 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. 2408's AED 92,000 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 24th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,760 sqft | AED 1.68MAED 1,676,075 · Oct 2011October 2011 | 105,000 /yr | |
| 2402 | 1-bed | 886 sqft | AED 1.5MAED 1,500,000 · Jan 2014January 2014 | 73,000 /yr | |
| 2403 | 1-bed | 844 sqft | AED 1.1MAED 1,100,000 · Dec 2015December 2015 | 65,000 /yr | |
| 2404 | 1-bed | 886 sqft | AED 1.18MAED 1,180,000 · Dec 2013December 2013 | 80,000 /yr | |
| 2405 | 2-bed | 1,760 sqft | AED 1.6MAED 1,596,262 · Jan 2013January 2013 | 145,000 /yr | |
| 2406 | 2-bed | 1,760 sqft | AED 2.8MAED 2,800,000 · Jul 2024July 2024 | 50,633 /yr | |
| 2407 | 1-bed | 886 sqft | AED 704KAED 704,207 · Jul 2009July 2009 | 88,000 /yr | |
| 2409 | 1-bed | 886 sqft | AED 1.17MAED 1,170,000 · Nov 2025November 2025 | 100,000 /yr | |
| 2410 | 2-bed | 1,760 sqft | AED 2.55MAED 2,550,000 · Sep 2025September 2025 | 145,000 /yr |
2408, Mag 218 Tower in numbers
- Sold 3 times: first on 6 July 2009 for AED 667,683, last on 29 March 2015 for AED 1,435,000 (AED 1,700 per sqft).
- Rented since November 2013 on 13 Ejari contracts. The rent fell from AED 78,750 to AED 50,769 in 2020 and recovered to AED 92,000 by January 2026.
- At AED 92,000 a year the gross yield on the 2015 price is 6.4%, 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 January 2026.
Questions about 2408, Mag 218 Tower
What did unit 2408 last sell for?
AED 1,435,000 on 29 March 2015: AED 1,700 per sqft for 844 sqft. The unit has 3 registered sales; the first was AED 667,683 in July 2009.
What is the rent for unit 2408?
AED 92,000 a year on the contract signed on 11 January 2026. The previous contract, from January 2025, was AED 92,000; the unit has been rented since November 2013.
How big is unit 2408?
844 sqft (78.4 sqm): a one-bedroom apartment on the 24th floor of a 55-storey tower completed in 2010.
What is unit 2408 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 2408, Mag 218 Tower
Starts from the last sale price (AED 1.44M, 29 March 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,435,000
- Deposit, UAE resident (20%)
- AED 287,000
- Deposit, non-resident (40%)
- AED 574,000
- Monthly over 25 years at 3.7%
- AED 5,871
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →