306, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in November 2023, 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 306, Mag 218 Tower
What is 306 worth today?
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Source: Dubai Land Department. Updated 4 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,723 sqft
- Floor
- 3rd of 55
- Parking
- 2B38
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,100 /yr
- Last sold
- AED 1.94M · November 2023
- Building
- Mag 218 Tower
About 306, Mag 218 Tower
306 is a two-bedroom apartment of 1,723 sqft on the 3rd floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 23 November 2023 for AED 1,935,000, or AED 1,122 per sqft, 6% above the AED 1,059 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 4 November 2024, is AED 110,000 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 25,100 a year.
Sales and rents for 306 over time
306 has sold 4 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mag 218 Tower, and where 306 sits
All 222 2-beds →306 last sold in November 2023 at AED 1,122 per sqft, 6% above what two-beds in Mag 218 Tower were fetching at the time (AED 1,059). Over the last 12 months two-beds sold for AED 1,600,000 to 2,500,000, around AED 1,273 per sqft, and rent for AED 70,000 to 275,000 a year. 306's AED 110,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 1,723 sqft | 1,600,000 | 928 | ||
| 25 Sep 202625 September 2026 | 1,798 sqft | 2,100,000 | 1,167 | ||
| 24 Jun 202624 June 2026 | 1,723 sqft | 2,040,000 | 1,183 | ||
| 19 May 202619 May 2026 | 1,798 sqft | 2,450,000 | 1,362 |
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 3rd floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,723 sqft | AED 2.5MAED 2,500,000 · Aug 2025August 2025 | 105,000 /yr | |
| 302 | 1-bed | 864 sqft | AED 900KAED 900,000 · Aug 2015August 2015 | 76,650 /yr | |
| 303 | 1-bed | 844 sqft | AED 900KAED 900,000 · Aug 2015August 2015 | 95,000 /yr | |
| 304 | 1-bed | 864 sqft | AED 735KAED 735,000 · Jan 2011January 2011 | ||
| 305 | 2-bed | 1,723 sqft | AED 1.67MAED 1,670,000 · Jun 2023June 2023 | 120,000 /yr | |
| 307 | 1-bed | 864 sqft | AED 750KAED 750,000 · Feb 2012February 2012 | 80,000 /yr | |
| 308 | 1-bed | 844 sqft | AED 1.25MAED 1,250,000 · May 2017May 2017 | 82,500 /yr | |
| 309 | 1-bed | 864 sqft | AED 950KAED 950,000 · Jan 2010January 2010 | 160,000 /yr | |
| 310 | 2-bed | 1,723 sqft | AED 1.67MAED 1,670,000 · Mar 2024March 2024 | 117,444 /yr |
306, Mag 218 Tower in numbers
- Sold 4 times: first on 20 June 2012 for AED 1,575,000, last on 23 November 2023 for AED 1,935,000 (AED 1,122 per sqft).
- Rented since May 2013 on 9 Ejari contracts. The rent fell from AED 120,000 to AED 82,449 in 2020 and recovered to AED 110,000 by November 2024.
- At AED 110,000 a year the gross yield on the 2023 price is 5.7%, before a service charge of about AED 25,100 a year (AED 14.54 per sqft).
- Two-beds in Mag 218 Tower sold for AED 1,600,000–2,500,000 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 4 November 2024.
Questions about 306, Mag 218 Tower
What did unit 306 last sell for?
AED 1,935,000 on 23 November 2023: AED 1,122 per sqft for 1,723 sqft. The unit has 4 registered sales; the first was AED 1,575,000 in June 2012.
What is the rent for unit 306?
AED 110,000 a year on the contract signed on 4 November 2024. The previous contract, from November 2024, was AED 110,000; the unit has been rented since May 2013.
How big is unit 306?
1,723 sqft (160.1 sqm): a two-bedroom apartment on the 3rd floor of a 55-storey tower completed in 2010.
What is unit 306 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mag 218 Tower sold for AED 1,600,000 to 2,500,000 in the last 12 months, around AED 1,273 per sqft.
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Mortgage on 306, Mag 218 Tower
Starts from the last sale price (AED 1.94M, 23 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,935,000
- Deposit, UAE resident (20%)
- AED 387,000
- Deposit, non-resident (40%)
- AED 774,000
- Monthly over 25 years at 3.7%
- AED 7,917
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →