308, Mag 218 Tower
Sold prices and rental history: sold 5 times, last in May 2017, 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 308, Mag 218 Tower
What is 308 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 3rd of 55
- Parking
- 2B44
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 1.25M · May 2017
- Building
- Mag 218 Tower
About 308, Mag 218 Tower
308 is a one-bedroom apartment of 844 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 21 May 2017 for AED 1,250,000, or AED 1,481 per sqft, 16% above the AED 1,273 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 5 July 2026, is AED 82,500 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 12,300 a year.
Sales and rents for 308 over time
308 has sold 5 times; 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 308 sits
All 333 1-beds →308 last sold in May 2017 at AED 1,481 per sqft, 16% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,273). 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. 308's AED 82,500 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 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 | |
| 306 | 2-bed | 1,723 sqft | AED 1.94MAED 1,935,000 · Nov 2023November 2023 | 110,000 /yr | |
| 307 | 1-bed | 864 sqft | AED 750KAED 750,000 · Feb 2012February 2012 | 80,000 /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 |
308, Mag 218 Tower in numbers
- Sold 5 times: first on 20 April 2011 for AED 730,000, last on 21 May 2017 for AED 1,250,000 (AED 1,481 per sqft).
- Rented since July 2015 on 11 Ejari contracts, from AED 82,000 to AED 82,500 a year.
- At AED 82,500 a year the gross yield on the 2017 price is 6.6%, 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 July 2026.
Questions about 308, Mag 218 Tower
What did unit 308 last sell for?
AED 1,250,000 on 21 May 2017: AED 1,481 per sqft for 844 sqft. The unit has 5 registered sales; the first was AED 730,000 in April 2011.
What is the rent for unit 308?
AED 82,500 a year on the contract renewed on 5 July 2026. The previous contract, from July 2025, was AED 85,000; the unit has been rented since July 2015.
How big is unit 308?
844 sqft (78.4 sqm): a one-bedroom apartment on the 3rd floor of a 55-storey tower completed in 2010.
What is unit 308 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.
Selling 308? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 308, Mag 218 Tower
Starts from the last sale price (AED 1.25M, 21 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →