2-bed · 1,779 sqftMag 218 Tower, Dubai Marina · 31st floor · completed 2010

3110, Mag 218 Tower

Sold prices and rental history: sold 5 times, last in September 2023, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3110 · DLD and Ejari recordsUpdated 26 September 2023
Last soldAED 2.1M26 September 2023
Current rentAED 125K /yr17 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3110, Mag 218 Tower

What is 3110 worth today?

Last sold for AED 2,100,000 in 2023

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26 Sep 2023SoldReady
AED 2,100,000AED 1,180 per sqft
20 Dec 2020SoldReady
AED 1,100,000AED 618 per sqft
17 Oct 2017RentedNew contract
AED 125,000/yr12 months · AED 70 per sqft
15 Aug 2013RentedNew contract
AED 94,500/yr12 months · AED 53 per sqft
11 Jan 2012SoldReady
AED 1,300,000AED 730 per sqft
18 Jul 2011SoldReady
AED 1,050,000AED 590 per sqft
17 Jul 2011Sold by developerReady
AED 1,488,004AED 836 per sqft

Source: Dubai Land Department. Updated 26 September 2023.

Key facts

Type
2-bed apartment
Size
1,779 sqft
Floor
31st of 55
Parking
3P48
Developer
Dream Estate
Completed
2010
Service charge
AED 25,900 /yr
Last sold
AED 2.1M · September 2023

About 3110, Mag 218 Tower

3110 is a two-bedroom apartment of 1,779 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 26 September 2023 for AED 2,100,000, or AED 1,180 per sqft, 23% above the AED 961 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 17 October 2017, is AED 125,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 25,900 a year.

Sales and rents for 3110 over time

Sales
Unit 3110, each saleTypical two-bed in Mag 218 Tower
1M2M2006201220182024Typical sale price by year: 2006 AED 1,318,478; 2009 AED 1,437,450; 2010 AED 1,377,898; 2011 AED 1,423,264; 2012 AED 1,415,209; 2013 AED 1,700,000; 2014 AED 2,275,000; 2015 AED 1,950,000; 2016 AED 1,800,000; 2017 AED 1,840,000; 2018 AED 1,550,000; 2019 AED 1,215,000; 2020 AED 1,150,000; 2021 AED 1,215,000; 2022 AED 1,534,583; 2023 AED 1,797,500; 2024 AED 2,175,000; 2025 AED 2,200,000; 2026 AED 2,265,000Sold, July 2011: AED 1,050,000 (AED 590 per sqft)Sold by developer, July 2011: AED 1,488,004 (AED 836 per sqft)Sold, January 2012: AED 1,300,000 (AED 730 per sqft)Sold, December 2020: AED 1,100,000 (AED 618 per sqft)Sold, September 2023: AED 2,100,000 (AED 1,180 per sqft)

3110 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3110, each contractTypical two-bed in Mag 218 Tower
100K125K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 130,000; 2015 AED 137,634; 2016 AED 135,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 104,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 96,800; 2023 AED 105,500; 2024 AED 126,000; 2025 AED 130,000; 2026 AED 126,000New contract, August 2013: AED 94,500 a yearNew contract, October 2017: AED 125,000 a year

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 3110 sits

All 222 2-beds →

3110 last sold in September 2023 at AED 1,180 per sqft, 23% above what two-beds in Mag 218 Tower were fetching at the time (AED 961). 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. 3110's AED 125,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20261,600,000
25 Sep 20262,100,000
24 Jun 20262,040,000
19 May 20262,450,000
8 2-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
31041-bedAED 746K · Sep 2011
31052-bedAED 1.72M · Sep 2022
31062-bedAED 2.1M · Apr 2016
31071-bedAED 1.26M · Feb 2026
1–7 of 9

3110, Mag 218 Tower in numbers

  • Sold 5 times: first on 17 July 2011 for AED 1,488,004, last on 26 September 2023 for AED 2,100,000 (AED 1,180 per sqft).
  • Rented since August 2013 on 2 Ejari contracts, from AED 94,500 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 25,900 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 26 September 2023.

Questions about 3110, Mag 218 Tower

What did unit 3110 last sell for?

AED 2,100,000 on 26 September 2023: AED 1,180 per sqft for 1,779 sqft. The unit has 5 registered sales; the first was AED 1,488,004 in July 2011.

What is the rent for unit 3110?

AED 125,000 a year on the contract signed on 17 October 2017. The previous contract, from August 2013, was AED 94,500.

How big is unit 3110?

1,779 sqft (165.3 sqm): a two-bedroom apartment on the 31st floor of a 55-storey tower completed in 2010.

What is unit 3110 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 3110, Mag 218 Tower

Starts from the last sale price (AED 2.1M, 26 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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