3002, Mag 218 Tower
Sold prices and rental history: sold twice, last in May 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 3002, Mag 218 Tower
What is 3002 worth today?
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Source: Dubai Land Department. Updated 20 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 886 sqft
- Floor
- 30th of 55
- Parking
- G20
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,900 /yr
- Last sold
- AED 700K · May 2011
- Building
- Mag 218 Tower
About 3002, Mag 218 Tower
3002 is a one-bedroom apartment of 886 sqft on the 30th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 30 May 2011 for AED 699,889, or AED 789 per sqft, in line with the AED 799 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 20 November 2024, is AED 80,000 a year: a gross yield of 11.4% on the 2011 price, before the service charge of about AED 12,900 a year.
Sales and rents for 3002 over time
3002 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 3002 sits
All 333 1-beds →3002 last sold in May 2011 at AED 789 per sqft, in line with what one-beds in Mag 218 Tower were fetching at the time (AED 799). 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. 3002's AED 80,000 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 30th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3001 | 2-bed | 1,760 sqft | AED 1.1MAED 1,100,000 · May 2021May 2021 | 85,000 /yr | |
| 3003 | 1-bed | 844 sqft | AED 1.12MAED 1,115,000 · Jan 2025January 2025 | 85,000 /yr | |
| 3004 | 1-bed | 886 sqft | AED 1.18MAED 1,175,000 · Oct 2025October 2025 | 72,000 /yr | |
| 3005 | 2-bed | 1,760 sqft | AED 1.4MAED 1,400,000 · Oct 2012October 2012 | 135,000 /yr | |
| 3006 | 2-bed | 1,760 sqft | AED 2.2MAED 2,200,000 · Jul 2024July 2024 | 88,000 /yr | |
| 3007 | 1-bed | 886 sqft | AED 357KAED 357,086 · Aug 2011August 2011 | 82,000 /yr | |
| 3008 | 1-bed | 844 sqft | AED 1.13MAED 1,130,000 · Apr 2023April 2023 | 78,500 /yr | |
| 3009 | 1-bed | 886 sqft | AED 1.25MAED 1,250,000 · Aug 2016August 2016 | 75,000 /yr | |
| 3010 | 2-bed | 1,760 sqft | AED 1.45MAED 1,450,000 · May 2012May 2012 | 145,000 /yr |
3002, Mag 218 Tower in numbers
- Sold twice: first on 6 July 2009 for AED 699,889, last on 30 May 2011 for AED 699,889 (AED 789 per sqft).
- Rented since December 2015 on 10 Ejari contracts. The rent fell from AED 95,000 to AED 53,000 in 2021 and recovered to AED 80,000 by November 2024.
- At AED 80,000 a year the gross yield on the 2011 price is 11.4%, 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 November 2024.
Questions about 3002, Mag 218 Tower
What did unit 3002 last sell for?
AED 699,889 on 30 May 2011: AED 789 per sqft for 886 sqft. The unit has 2 registered sales; the first was AED 699,889 in July 2009.
What is the rent for unit 3002?
AED 80,000 a year on the contract renewed on 20 November 2024. The previous contract, from November 2024, was AED 80,000; the unit has been rented since December 2015.
How big is unit 3002?
886 sqft (82.3 sqm): a one-bedroom apartment on the 30th floor of a 55-storey tower completed in 2010.
What is unit 3002 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 3002, Mag 218 Tower
Starts from the last sale price (AED 700K, 30 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 699,889
- Deposit, UAE resident (20%)
- AED 139,978
- Deposit, non-resident (40%)
- AED 279,956
- Monthly over 25 years at 3.7%
- AED 2,863
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →