2908, Mag 218 Tower
Sold prices and rental history: sold twice, last in October 2011, 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 2908, Mag 218 Tower
What is 2908 worth today?
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Source: Dubai Land Department. Updated 5 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 29th of 55
- Parking
- G05
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 675K · October 2011
- Building
- Mag 218 Tower
About 2908, Mag 218 Tower
2908 is a one-bedroom apartment of 844 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 675,200, 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 2013 on 14 Ejari contracts. The current contract, renewed on 5 October 2026, is AED 85,944 a year: a gross yield of 12.7% on the 2011 price, before the service charge of about AED 12,300 a year.
Sales and rents for 2908 over time
2908 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 2908 sits
All 333 1-beds →2908 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. 2908's AED 85,944 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 | |
| 2902 | 1-bed | 886 sqft | AED 709KAED 708,800 · Oct 2011October 2011 | 75,000 /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 | |
| 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 |
2908, Mag 218 Tower in numbers
- Sold twice: first on 6 July 2009 for AED 675,200, last on 11 October 2011 for AED 675,200 (AED 800 per sqft).
- Rented since September 2013 on 14 Ejari contracts. The rent fell from AED 85,000 to AED 58,000 in 2021 and recovered to AED 85,944 by October 2026.
- At AED 85,944 a year the gross yield on the 2011 price is 12.7%, 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 5 October 2026.
Questions about 2908, Mag 218 Tower
What did unit 2908 last sell for?
AED 675,200 on 11 October 2011: AED 800 per sqft for 844 sqft. The unit has 2 registered sales; the first was AED 675,200 in July 2009.
What is the rent for unit 2908?
AED 85,944 a year on the contract renewed on 5 October 2026. The previous contract, from October 2025, was AED 85,000; the unit has been rented since September 2013.
How big is unit 2908?
844 sqft (78.4 sqm): a one-bedroom apartment on the 29th floor of a 55-storey tower completed in 2010.
What is unit 2908 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 2908, Mag 218 Tower
Starts from the last sale price (AED 675K, 11 October 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 675,200
- Deposit, UAE resident (20%)
- AED 135,040
- Deposit, non-resident (40%)
- AED 270,080
- Monthly over 25 years at 3.7%
- AED 2,762
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →