3007, Mag 218 Tower
Sold prices and rental history: sold twice, last in August 2011, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3007, Mag 218 Tower
What is 3007 worth today?
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Source: Dubai Land Department. Updated 1 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 886 sqft
- Floor
- 30th of 55
- Parking
- G13
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,900 /yr
- Last sold
- AED 357K · August 2011
- Building
- Mag 218 Tower
About 3007, Mag 218 Tower
3007 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 3 August 2011 for AED 357,086, or AED 403 per sqft, 49% below the AED 792 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 May 2024, is AED 82,000 a year: a gross yield of 23.0% on the 2011 price, before the service charge of about AED 12,900 a year.
Sales and rents for 3007 over time
3007 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 3007 sits
All 333 1-beds →3007 last sold in August 2011 at AED 403 per sqft, 49% below what one-beds in Mag 218 Tower were fetching at the time (AED 792). 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. 3007's AED 82,000 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 | |
| 3002 | 1-bed | 886 sqft | AED 700KAED 699,889 · May 2011May 2011 | 80,000 /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 | |
| 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 |
3007, Mag 218 Tower in numbers
- Sold twice: first on 12 July 2009 for AED 714,172, last on 3 August 2011 for AED 357,086 (AED 403 per sqft).
- Rented since May 2018 on 5 Ejari contracts, from AED 70,000 to AED 82,000 a year.
- At AED 82,000 a year the gross yield on the 2011 price is 23.0%, 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 1 May 2024.
Questions about 3007, Mag 218 Tower
What did unit 3007 last sell for?
AED 357,086 on 3 August 2011: AED 403 per sqft for 886 sqft. The unit has 2 registered sales; the first was AED 714,172 in July 2009.
What is the rent for unit 3007?
AED 82,000 a year on the contract signed on 1 May 2024. The previous contract, from May 2024, was AED 82,000; the unit has been rented since May 2018.
How big is unit 3007?
886 sqft (82.3 sqm): a one-bedroom apartment on the 30th floor of a 55-storey tower completed in 2010.
What is unit 3007 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 3007, Mag 218 Tower
Starts from the last sale price (AED 357K, 3 August 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 357,086
- Deposit, UAE resident (20%)
- AED 71,417
- Deposit, non-resident (40%)
- AED 142,834
- Monthly over 25 years at 3.7%
- AED 1,461
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →