2902, Mag 218 Tower
Sold prices and rental history: sold twice, last in October 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2902, Mag 218 Tower
What is 2902 worth today?
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Source: Dubai Land Department. Updated 20 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 886 sqft
- Floor
- 29th of 55
- Parking
- G26
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,900 /yr
- Last sold
- AED 709K · October 2011
- Building
- Mag 218 Tower
About 2902, Mag 218 Tower
2902 is a one-bedroom apartment of 886 sqft on the 29th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 11 October 2011 for AED 708,800, or AED 800 per sqft, in line with the AED 800 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 20 May 2026, is AED 75,000 a year: a gross yield of 10.6% on the 2011 price, before the service charge of about AED 12,900 a year.
Sales and rents for 2902 over time
2902 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 2902 sits
All 333 1-beds →2902 last sold in October 2011 at AED 800 per sqft, in line with what one-beds in Mag 218 Tower were fetching at the time (AED 800). 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. 2902's AED 75,000 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 29th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 2-bed | 1,760 sqft | AED 1.41MAED 1,408,064 · Oct 2011October 2011 | 105,000 /yr | |
| 2903 | 1-bed | 844 sqft | AED 675KAED 675,200 · Oct 2011October 2011 | 75,000 /yr | |
| 2904 | 1-bed | 886 sqft | AED 709KAED 708,800 · Oct 2011October 2011 | 84,000 /yr | |
| 2905 | 2-bed | 1,760 sqft | AED 1.41MAED 1,408,064 · Oct 2011October 2011 | 127,050 /yr | |
| 2906 | 2-bed | 1,760 sqft | AED 1.41MAED 1,408,064 · Oct 2011October 2011 | 140,000 /yr | |
| 2907 | 1-bed | 886 sqft | AED 709KAED 708,800 · Oct 2011October 2011 | 80,850 /yr | |
| 2908 | 1-bed | 844 sqft | AED 675KAED 675,200 · Oct 2011October 2011 | 85,944 /yr | |
| 2909 | 1-bed | 886 sqft | AED 709KAED 708,800 · Oct 2011October 2011 | 85,000 /yr | |
| 2910 | 2-bed | 1,760 sqft | AED 1.1MAED 1,100,000 · Oct 2019October 2019 | 120,000 /yr |
2902, Mag 218 Tower in numbers
- Sold twice: first on 6 July 2009 for AED 708,800, last on 11 October 2011 for AED 708,800 (AED 800 per sqft).
- Rented since October 2015 on 8 Ejari contracts. The rent fell from AED 92,000 to AED 42,000 in 2021 and recovered to AED 75,000 by May 2026.
- At AED 75,000 a year the gross yield on the 2011 price is 10.6%, 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 20 May 2026.
Questions about 2902, Mag 218 Tower
What did unit 2902 last sell for?
AED 708,800 on 11 October 2011: AED 800 per sqft for 886 sqft. The unit has 2 registered sales; the first was AED 708,800 in July 2009.
What is the rent for unit 2902?
AED 75,000 a year on the contract signed on 20 May 2026. The previous contract, from May 2026, was AED 75,075; the unit has been rented since October 2015.
How big is unit 2902?
886 sqft (82.3 sqm): a one-bedroom apartment on the 29th floor of a 55-storey tower completed in 2010.
What is unit 2902 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 2902, Mag 218 Tower
Starts from the last sale price (AED 709K, 11 October 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 708,800
- Deposit, UAE resident (20%)
- AED 141,760
- Deposit, non-resident (40%)
- AED 283,520
- Monthly over 25 years at 3.7%
- AED 2,900
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →