3307, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in May 2024, 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 3307, Mag 218 Tower
What is 3307 worth today?
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Source: Dubai Land Department. Updated 10 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 898 sqft
- Floor
- 33rd of 55
- Parking
- 3P60
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 13,100 /yr
- Last sold
- AED 1.15M · May 2024
- Building
- Mag 218 Tower
About 3307, Mag 218 Tower
3307 is a one-bedroom apartment of 898 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 20 May 2024 for AED 1,150,000, or AED 1,280 per sqft, in line with the AED 1,280 one-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 10 July 2024, is AED 90,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 13,100 a year.
Sales and rents for 3307 over time
3307 has sold 4 times; 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 3307 sits
All 333 1-beds →3307 last sold in May 2024 at AED 1,280 per sqft, in line with what one-beds in Mag 218 Tower were fetching at the time (AED 1,280). 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. 3307'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 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 | |
| 3306 | 2-bed | 1,779 sqft | AED 1.98MAED 1,975,000 · Mar 2023March 2023 | 107,000 /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 |
3307, Mag 218 Tower in numbers
- Sold 4 times: first on 21 November 2011 for AED 727,380, last on 20 May 2024 for AED 1,150,000 (AED 1,280 per sqft).
- Rented since April 2018 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 45,000 in 2020 and recovered to AED 90,000 by July 2024.
- At AED 90,000 a year the gross yield on the 2024 price is 7.8%, 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 10 July 2024.
Questions about 3307, Mag 218 Tower
What did unit 3307 last sell for?
AED 1,150,000 on 20 May 2024: AED 1,280 per sqft for 898 sqft. The unit has 4 registered sales; the first was AED 727,380 in November 2011.
What is the rent for unit 3307?
AED 90,000 a year on the contract signed on 10 July 2024. The previous contract, from July 2024, was AED 90,000; the unit has been rented since April 2018.
How big is unit 3307?
898 sqft (83.4 sqm): a one-bedroom apartment on the 33rd floor of a 55-storey tower completed in 2010.
What is unit 3307 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 3307, Mag 218 Tower
Starts from the last sale price (AED 1.15M, 20 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →