1-bed · 886 sqftMag 218 Tower, Dubai Marina · 28th floor · completed 2010

2809, Mag 218 Tower

Sold prices and rental history: sold 4 times, last in February 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2809 · DLD and Ejari recordsUpdated 3 September 2019
Last soldAED 1.3M22 February 2015
Current rentAED 67K /yr3 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2809, Mag 218 Tower

What is 2809 worth today?

Last sold for AED 1,300,000 in 2015

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3 Sep 2019RentedNew contract
AED 67,000/yr12 months · AED 76 per sqft
3 Apr 2019RentedRenewal
AED 80,000/yr12 months · AED 91 per sqft
3 Apr 2018RentedNew contract
AED 80,000/yr12 months · AED 91 per sqft
22 Feb 2015SoldReady
AED 1,300,000AED 1,467 per sqft
5 Feb 2014RentedRenewal
AED 65,000/yr12 months · AED 74 per sqft
17 Nov 2011SoldReady
AED 708,800AED 800 per sqft
14 Sep 2010Sold by developerOff-plan
AED 708,800AED 800 per sqft
14 Sep 2010SoldOff-plan
AED 708,800AED 800 per sqft

Source: Dubai Land Department. Updated 3 September 2019.

Key facts

Type
1-bed apartment
Size
886 sqft
Floor
28th of 55
Parking
1B01
Developer
Dream Estate
Completed
2010
Service charge
AED 12,900 /yr
Last sold
AED 1.3M · February 2015

About 2809, Mag 218 Tower

2809 is a one-bedroom apartment of 886 sqft on the 28th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 22 February 2015 for AED 1,300,000, or AED 1,467 per sqft, 6% below the AED 1,558 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 3 September 2019, is AED 67,000 a year: a gross yield of 5.1% on the 2015 price, before the service charge of about AED 12,900 a year.

Sales and rents for 2809 over time

Sales
Unit 2809, 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, September 2010: AED 708,800 (AED 800 per sqft)Sold, September 2010: AED 708,800 (AED 800 per sqft)Sold, November 2011: AED 708,800 (AED 800 per sqft)Sold, February 2015: AED 1,300,000 (AED 1,467 per sqft)

2809 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2809, 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 80,000Renewal, February 2014: AED 65,000 a yearNew contract, April 2018: AED 80,000 a yearRenewal, April 2019: AED 80,000 a yearNew contract, September 2019: AED 67,000 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 2809 sits

All 333 1-beds →

2809 last sold in February 2015 at AED 1,467 per sqft, 6% below what one-beds in Mag 218 Tower were fetching at the time (AED 1,558). 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. 2809's AED 67,000 is in the lower half 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 28th floor

All 550 units in Mag 218 Tower
Value
28012-bedAED 1.35M · Nov 2012
28021-bedAED 1.3M · Oct 2024
28031-bedAED 800K · May 2023
28041-bedAED 1.16M · Mar 2025
28052-bedAED 2.07M · Jul 2013
28062-bedAED 2.2M · Jun 2013
28071-bedAED 709K · Nov 2011
1–7 of 9

2809, Mag 218 Tower in numbers

  • Sold 4 times: first on 14 September 2010 for AED 708,800, last on 22 February 2015 for AED 1,300,000 (AED 1,467 per sqft).
  • Rented since February 2014 on 4 Ejari contracts, from AED 65,000 to AED 67,000 a year.
  • At AED 67,000 a year the gross yield on the 2015 price is 5.1%, 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 3 September 2019.

Questions about 2809, Mag 218 Tower

What did unit 2809 last sell for?

AED 1,300,000 on 22 February 2015: AED 1,467 per sqft for 886 sqft. The unit has 4 registered sales; the first was AED 708,800 in September 2010.

What is the rent for unit 2809?

AED 67,000 a year on the contract signed on 3 September 2019. The previous contract, from April 2019, was AED 80,000; the unit has been rented since February 2014.

How big is unit 2809?

886 sqft (82.3 sqm): a one-bedroom apartment on the 28th floor of a 55-storey tower completed in 2010.

What is unit 2809 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 2809, Mag 218 Tower

Starts from the last sale price (AED 1.3M, 22 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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