3209, Mag 218 Tower
Sold prices and rental history: sold once, by the developer in June 2012, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3209, Mag 218 Tower
What is 3209 worth today?
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Source: Dubai Land Department. Updated 25 July 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 898 sqft
- Floor
- 32nd of 55
- Parking
- 3P54
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 13,100 /yr
- Last sold
- AED 718K · June 2012
- Building
- Mag 218 Tower
About 3209, Mag 218 Tower
3209 is a one-bedroom apartment of 898 sqft on the 32nd floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. The developer sold it on 11 June 2012 for AED 718,400, or AED 799 per sqft, in line with the AED 809 one-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 25 July 2019, is AED 70,000 a year: a gross yield of 9.7% on the 2012 price, before the service charge of about AED 13,100 a year.
Sales and rents for 3209 over time
3209 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 3209 sits
All 333 1-beds →3209 last sold in June 2012 at AED 799 per sqft, in line with what one-beds in Mag 218 Tower were fetching at the time (AED 809). 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. 3209's AED 70,000 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 32nd floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3201 | 2-bed | 1,779 sqft | AED 1.42MAED 1,423,264 · Apr 2011April 2011 | 140,000 /yr | |
| 3202 | 1-bed | 898 sqft | AED 718KAED 718,400 · Jun 2012June 2012 | 112,000 /yr | |
| 3203 | 1-bed | 844 sqft | AED 675KAED 675,200 · Sep 2012September 2012 | 84,000 /yr | |
| 3204 | 1-bed | 898 sqft | AED 718KAED 718,400 · Apr 2011April 2011 | 75,000 /yr | |
| 3205 | 2-bed | 1,779 sqft | AED 1.42MAED 1,423,264 · Apr 2011April 2011 | 115,000 /yr | |
| 3206 | 2-bed | 1,779 sqft | AED 1.42MAED 1,423,264 · Apr 2011April 2011 | 140,000 /yr | |
| 3207 | 1-bed | 898 sqft | AED 718KAED 718,400 · Apr 2011April 2011 | 84,000 /yr | |
| 3208 | 1-bed | 844 sqft | AED 675KAED 675,200 · Sep 2012September 2012 | 80,000 /yr | |
| 3210 | 2-bed | 1,779 sqft | AED 1.42MAED 1,423,264 · Apr 2011April 2011 | 117,152 /yr |
3209, Mag 218 Tower in numbers
- Sold once: by Dream Estate on 11 June 2012 for AED 718,400, or AED 799 per sqft.
- Rented since June 2017 on 3 Ejari contracts, from AED 95,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2012 price is 9.7%, 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 25 July 2019.
Questions about 3209, Mag 218 Tower
What did unit 3209 last sell for?
AED 718,400 on 11 June 2012, sold by the developer: AED 799 per sqft for 898 sqft. It is the only registered sale of the unit.
What is the rent for unit 3209?
AED 70,000 a year on the contract signed on 25 July 2019. The previous contract, from July 2018, was AED 85,000; the unit has been rented since June 2017.
How big is unit 3209?
898 sqft (83.4 sqm): a one-bedroom apartment on the 32nd floor of a 55-storey tower completed in 2010.
What is unit 3209 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 3209, Mag 218 Tower
Starts from the last sale price (AED 718K, 11 June 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 718,400
- Deposit, UAE resident (20%)
- AED 143,680
- Deposit, non-resident (40%)
- AED 287,360
- Monthly over 25 years at 3.7%
- AED 2,939
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →