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1-bed · 898 sqftMag 218 Tower, Dubai Marina · 31st floor · completed 2010

3104, Mag 218 Tower

Sold prices and rental history: sold 3 times, last in September 2011, and rented once, from January 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3104 · DLD and Ejari recordsUpdated 20 January 2018
Last soldAED 746K13 September 2011
Current rentAED 75K /yr20 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3104, Mag 218 Tower

What is 3104 worth today?

Last sold for AED 746,250 in 2011

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20 Jan 2018RentedNew contract
AED 75,000/yr12 months · AED 84 per sqft
13 Sep 2011SoldReady
AED 746,250AED 830 per sqft
18 Jul 2011SoldReady
AED 610,000AED 679 per sqft
17 Jul 2011Sold by developerReady
AED 797,941AED 888 per sqft

Source: Dubai Land Department. Updated 20 January 2018.

Key facts

Type
1-bed apartment
Size
898 sqft
Floor
31st of 55
Parking
3P87
Developer
Dream Estate
Completed
2010
Service charge
AED 13,100 /yr
Last sold
AED 746K · September 2011
Building
Mag 218 Tower

About 3104, Mag 218 Tower

3104 is a one-bedroom apartment of 898 sqft on the 31st floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 13 September 2011 for AED 746,250, or AED 830 per sqft, 4% above the AED 796 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 January 2018. The current contract, signed on 20 January 2018, is AED 75,000 a year: a gross yield of 10.1% on the 2011 price, before the service charge of about AED 13,100 a year.

Sales and rents for 3104 over time

Sales
Unit 3104, each saleTypical one-bed in Mag 218 Tower
500K1M2005201120172023Typical sale price by year: 2005 AED 721,665; 2006 AED 715,202; 2008 AED 781,429; 2009 AED 683,640; 2010 AED 724,314; 2011 AED 704,666; 2012 AED 727,380; 2013 AED 982,500; 2014 AED 1,350,000; 2015 AED 1,217,500; 2016 AED 1,100,000; 2017 AED 1,075,000; 2018 AED 995,920; 2019 AED 850,000; 2020 AED 740,000; 2021 AED 779,500; 2022 AED 900,000; 2023 AED 1,000,000; 2024 AED 1,135,000; 2025 AED 1,187,500; 2026 AED 1,185,000Sold, July 2011: AED 610,000 (AED 679 per sqft)Sold by developer, July 2011: AED 797,941 (AED 888 per sqft)Sold, September 2011: AED 746,250 (AED 830 per sqft)

3104 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3104, each contractTypical one-bed in Mag 218 Tower
60K80K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 78,750; 2014 AED 85,675; 2015 AED 92,000; 2016 AED 90,000; 2017 AED 85,000; 2018 AED 78,000; 2019 AED 70,000; 2020 AED 55,000; 2021 AED 52,000; 2022 AED 61,700; 2023 AED 70,350; 2024 AED 81,000; 2025 AED 84,525; 2026 AED 80,000New contract, January 2018: AED 75,000 a year

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 3104 sits

All 333 1-beds →

3104 last sold in September 2011 at AED 830 per sqft, 4% above what one-beds in Mag 218 Tower were fetching at the time (AED 796). 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. 3104's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Sep 20261,050,000
4 Sep 20261,150,000
14 Jul 20261,230,000
7 Jul 20261,250,000
19 1-bed sales in the last 12 months

Mag 218 Tower

Building

550 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%
Mag 218 Tower, Dubai Marina: prices, sales and rents →

Other units on the 31st floor

All 550 units in Mag 218 Tower
Value
31012-bedAED 1.85M · Nov 2015
31021-bedAED 798K · May 2011
31031-bedAED 750K · Jan 2012
31052-bedAED 1.72M · Sep 2022
31062-bedAED 2.1M · Apr 2016
31071-bedAED 1.26M · Feb 2026
31081-bedAED 1.3M · Aug 2013
1–7 of 9

3104, Mag 218 Tower in numbers

  • Sold 3 times: first on 17 July 2011 for AED 797,941, last on 13 September 2011 for AED 746,250 (AED 830 per sqft).
  • Rented since January 2018 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2011 price is 10.1%, before a service charge of about AED 13,100 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 January 2018.

Questions about 3104, Mag 218 Tower

What did unit 3104 last sell for?

AED 746,250 on 13 September 2011: AED 830 per sqft for 898 sqft. The unit has 3 registered sales; the first was AED 797,941 in July 2011.

What is the rent for unit 3104?

AED 75,000 a year on the contract signed on 20 January 2018.

How big is unit 3104?

898 sqft (83.4 sqm): a one-bedroom apartment on the 31st floor of a 55-storey tower completed in 2010.

What is unit 3104 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 3104, Mag 218 Tower

Starts from the last sale price (AED 746K, 13 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 746,250
Deposit, UAE resident (20%)
AED 149,250
Deposit, non-resident (40%)
AED 298,500
Monthly over 25 years at 3.7%
AED 3,053

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →