309, Mag 218 Tower
Sold prices and rental history: sold once, by the developer in January 2010, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, Mag 218 Tower
What is 309 worth today?
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Source: Dubai Land Department. Updated 4 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 864 sqft
- Floor
- 3rd of 55
- Parking
- 4P48
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,600 /yr
- Last sold
- AED 950K · January 2010
- Building
- Mag 218 Tower
About 309, Mag 218 Tower
309 is a one-bedroom apartment of 864 sqft on the 3rd floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. The developer sold it on 6 January 2010 for AED 950,000, or AED 1,099 per sqft, 38% above the AED 794 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 4 January 2026, is AED 160,000 a year: a gross yield of 16.8% on the 2010 price, before the service charge of about AED 12,600 a year.
Sales and rents for 309 over time
309 has sold once; 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 309 sits
All 333 1-beds →309 last sold in January 2010 at AED 1,099 per sqft, 38% above what one-beds in Mag 218 Tower were fetching at the time (AED 794). 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. 309's AED 160,000 is at the top 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 | |
| 308 | 1-bed | 844 sqft | AED 1.25MAED 1,250,000 · May 2017May 2017 | 82,500 /yr | |
| 310 | 2-bed | 1,723 sqft | AED 1.67MAED 1,670,000 · Mar 2024March 2024 | 117,444 /yr |
309, Mag 218 Tower in numbers
- Sold once: by Dream Estate on 6 January 2010 for AED 950,000, or AED 1,099 per sqft.
- Rented since March 2020 on 4 Ejari contracts, from AED 85,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2010 price is 16.8%, before a service charge of about AED 12,600 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 4 January 2026.
Questions about 309, Mag 218 Tower
What did unit 309 last sell for?
AED 950,000 on 6 January 2010, sold by the developer: AED 1,099 per sqft for 864 sqft. It is the only registered sale of the unit.
What is the rent for unit 309?
AED 160,000 a year on the contract renewed on 4 January 2026. The previous contract, from January 2025, was AED 80,000; the unit has been rented since March 2020.
How big is unit 309?
864 sqft (80.3 sqm): a one-bedroom apartment on the 3rd floor of a 55-storey tower completed in 2010.
What is unit 309 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 309, Mag 218 Tower
Starts from the last sale price (AED 950K, 6 January 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →