3306, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in March 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3306, Mag 218 Tower
What is 3306 worth today?
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Source: Dubai Land Department. Updated 1 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,779 sqft
- Floor
- 33rd of 55
- Parking
- 3P61
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,900 /yr
- Last sold
- AED 1.98M · March 2023
- Building
- Mag 218 Tower
About 3306, Mag 218 Tower
3306 is a two-bedroom apartment of 1,779 sqft on the 33rd floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 13 March 2023 for AED 1,975,000, or AED 1,110 per sqft, 27% above the AED 872 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 1 May 2023, is AED 107,000 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 25,900 a year.
Sales and rents for 3306 over time
3306 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 3306 sits
All 222 2-beds →3306 last sold in March 2023 at AED 1,110 per sqft, 27% above what two-beds in Mag 218 Tower were fetching at the time (AED 872). 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. 3306's AED 107,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 1,723 sqft | 1,600,000 | 928 | ||
| 25 Sep 202625 September 2026 | 1,798 sqft | 2,100,000 | 1,167 | ||
| 24 Jun 202624 June 2026 | 1,723 sqft | 2,040,000 | 1,183 | ||
| 19 May 202619 May 2026 | 1,798 sqft | 2,450,000 | 1,362 |
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 33rd floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3301 | 2-bed | 1,779 sqft | AED 2.15MAED 2,150,000 · Jul 2013July 2013 | 145,000 /yr | |
| 3302 | 1-bed | 898 sqft | AED 750KAED 750,000 · Sep 2020September 2020 | 85,000 /yr | |
| 3303 | 1-bed | 844 sqft | AED 1.24MAED 1,235,000 · Aug 2015August 2015 | 68,000 /yr | |
| 3304 | 1-bed | 898 sqft | AED 1.05MAED 1,050,000 · May 2024May 2024 | 80,000 /yr | |
| 3305 | 2-bed | 1,779 sqft | AED 1MAED 1,000,000 · Nov 2011November 2011 | 126,000 /yr | |
| 3307 | 1-bed | 898 sqft | AED 1.15MAED 1,150,000 · May 2024May 2024 | 90,000 /yr | |
| 3308 | 1-bed | 844 sqft | AED 1.08MAED 1,080,000 · Dec 2022December 2022 | 55,200 /yr | |
| 3309 | 1-bed | 898 sqft | AED 727KAED 727,380 · Feb 2012February 2012 | 67,000 /yr | |
| 3310 | 2-bed | 1,779 sqft | AED 2.4MAED 2,400,000 · Feb 2014February 2014 | 110,000 /yr |
3306, Mag 218 Tower in numbers
- Sold 4 times: first on 16 August 2010 for AED 1,441,055, last on 13 March 2023 for AED 1,975,000 (AED 1,110 per sqft).
- Rented since May 2018 on 6 Ejari contracts, from AED 122,500 to AED 107,000 a year.
- At AED 107,000 a year the gross yield on the 2023 price is 5.4%, 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 1 May 2023.
Questions about 3306, Mag 218 Tower
What did unit 3306 last sell for?
AED 1,975,000 on 13 March 2023: AED 1,110 per sqft for 1,779 sqft. The unit has 4 registered sales; the first was AED 1,441,055 in August 2010.
What is the rent for unit 3306?
AED 107,000 a year on the contract signed on 1 May 2023. The previous contract, from May 2022, was AED 107,000; the unit has been rented since May 2018.
How big is unit 3306?
1,779 sqft (165.3 sqm): a two-bedroom apartment on the 33rd floor of a 55-storey tower completed in 2010.
What is unit 3306 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 3306, Mag 218 Tower
Starts from the last sale price (AED 1.98M, 13 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,975,000
- Deposit, UAE resident (20%)
- AED 395,000
- Deposit, non-resident (40%)
- AED 790,000
- Monthly over 25 years at 3.7%
- AED 8,080
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →