2608, Mag 218 Tower
Sold prices and rental history: sold twice, last in July 2019, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2608, Mag 218 Tower
What is 2608 worth today?
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Source: Dubai Land Department. Updated 19 August 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 26th of 55
- Parking
- 1B18
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 1M · July 2019
- Building
- Mag 218 Tower
About 2608, Mag 218 Tower
2608 is a one-bedroom apartment of 844 sqft on the 26th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 3 July 2019 for AED 1,000,000, or AED 1,184 per sqft, 33% above the AED 888 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 19 August 2020, is AED 55,000 a year: a gross yield of 5.5% on the 2019 price, before the service charge of about AED 12,300 a year.
Sales and rents for 2608 over time
2608 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 2608 sits
All 333 1-beds →2608 last sold in July 2019 at AED 1,184 per sqft, 33% above what one-beds in Mag 218 Tower were fetching at the time (AED 888). 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. 2608's AED 55,000 is at the bottom 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 26th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2601 | 2-bed | 1,760 sqft | AED 1.7MAED 1,700,000 · Nov 2015November 2015 | 120,000 /yr | |
| 2602 | 1-bed | 886 sqft | AED 637KAED 636,776 · Jul 2010July 2010 | 90,000 /yr | |
| 2603 | 1-bed | 844 sqft | AED 1.4MAED 1,400,000 · Jul 2015July 2015 | 82,688 /yr | |
| 2604 | 1-bed | 886 sqft | AED 637KAED 636,776 · Nov 2010November 2010 | 48,000 /yr | |
| 2605 | 2-bed | 1,760 sqft | AED 1.4MAED 1,400,000 · May 2011May 2011 | 139,625 /yr | |
| 2606 | 2-bed | 1,760 sqft | AED 1.6MAED 1,600,000 · Sep 2017September 2017 | 126,498 /yr | |
| 2607 | 1-bed | 886 sqft | AED 1.4MAED 1,400,000 · Sep 2014September 2014 | 83,211 /yr | |
| 2609 | 1-bed | 886 sqft | AED 880KAED 880,000 · Nov 2019November 2019 | 70,000 /yr | |
| 2610 | 2-bed | 1,760 sqft | AED 1.19MAED 1,190,211 · Mar 2012March 2012 | 122,984 /yr |
2608, Mag 218 Tower in numbers
- Sold twice: first on 3 February 2011 for AED 606,601, last on 3 July 2019 for AED 1,000,000 (AED 1,184 per sqft).
- Rented since July 2015 on 2 Ejari contracts, from AED 89,250 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2019 price is 5.5%, 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 19 August 2020.
Questions about 2608, Mag 218 Tower
What did unit 2608 last sell for?
AED 1,000,000 on 3 July 2019: AED 1,184 per sqft for 844 sqft. The unit has 2 registered sales; the first was AED 606,601 in February 2011.
What is the rent for unit 2608?
AED 55,000 a year on the contract signed on 19 August 2020. The previous contract, from July 2015, was AED 89,250.
How big is unit 2608?
844 sqft (78.4 sqm): a one-bedroom apartment on the 26th floor of a 55-storey tower completed in 2010.
What is unit 2608 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 2608, Mag 218 Tower
Starts from the last sale price (AED 1M, 3 July 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →