3108, Mag 218 Tower
Sold prices and rental history: sold twice, last in August 2013, 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 3108, Mag 218 Tower
What is 3108 worth today?
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Source: Dubai Land Department. Updated 25 October 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 31st of 55
- Parking
- 3P50
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 1.3M · August 2013
- Building
- Mag 218 Tower
About 3108, Mag 218 Tower
3108 is a one-bedroom apartment of 844 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 22 August 2013 for AED 1,300,000, or AED 1,540 per sqft, 75% above the AED 881 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 25 October 2022, is AED 90,000 a year: a gross yield of 6.9% on the 2013 price, before the service charge of about AED 12,300 a year.
Sales and rents for 3108 over time
3108 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 3108 sits
All 333 1-beds →3108 last sold in August 2013 at AED 1,540 per sqft, 75% above what one-beds in Mag 218 Tower were fetching at the time (AED 881). 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. 3108's AED 90,000 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 31st floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3101 | 2-bed | 1,779 sqft | AED 1.85MAED 1,850,000 · Nov 2015November 2015 | 100,000 /yr | |
| 3102 | 1-bed | 898 sqft | AED 798KAED 797,941 · May 2011May 2011 | 79,000 /yr | |
| 3103 | 1-bed | 844 sqft | AED 750KAED 750,000 · Jan 2012January 2012 | 90,000 /yr | |
| 3104 | 1-bed | 898 sqft | AED 746KAED 746,250 · Sep 2011September 2011 | 75,000 /yr | |
| 3105 | 2-bed | 1,779 sqft | AED 1.72MAED 1,715,000 · Sep 2022September 2022 | 125,000 /yr | |
| 3106 | 2-bed | 1,779 sqft | AED 2.1MAED 2,100,000 · Apr 2016April 2016 | 130,000 /yr | |
| 3107 | 1-bed | 898 sqft | AED 1.26MAED 1,260,000 · Feb 2026February 2026 | 75,000 /yr | |
| 3109 | 1-bed | 898 sqft | AED 798KAED 797,941 · Jun 2013June 2013 | 77,400 /yr | |
| 3110 | 2-bed | 1,779 sqft | AED 2.1MAED 2,100,000 · Sep 2023September 2023 | 125,000 /yr |
3108, Mag 218 Tower in numbers
- Sold twice: first on 17 June 2013 for AED 750,103, last on 22 August 2013 for AED 1,300,000 (AED 1,540 per sqft).
- Rented since October 2013 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 50,000 in 2020 and recovered to AED 90,000 by October 2022.
- At AED 90,000 a year the gross yield on the 2013 price is 6.9%, 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 25 October 2022.
Questions about 3108, Mag 218 Tower
What did unit 3108 last sell for?
AED 1,300,000 on 22 August 2013: AED 1,540 per sqft for 844 sqft. The unit has 2 registered sales; the first was AED 750,103 in June 2013.
What is the rent for unit 3108?
AED 90,000 a year on the contract signed on 25 October 2022. The previous contract, from August 2020, was AED 50,000; the unit has been rented since October 2013.
How big is unit 3108?
844 sqft (78.4 sqm): a one-bedroom apartment on the 31st floor of a 55-storey tower completed in 2010.
What is unit 3108 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 3108, Mag 218 Tower
Starts from the last sale price (AED 1.3M, 22 August 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →