3308, Mag 218 Tower
Sold prices and rental history: sold 3 times, last in December 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3308, Mag 218 Tower
What is 3308 worth today?
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Source: Dubai Land Department. Updated 5 December 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 33rd of 55
- Parking
- 3P77
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 1.08M · December 2022
- Building
- Mag 218 Tower
About 3308, Mag 218 Tower
3308 is a one-bedroom apartment of 844 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 5 December 2022 for AED 1,080,000, or AED 1,279 per sqft, 28% above the AED 1,002 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 14 January 2022, is AED 55,200 a year: a gross yield of 5.1% on the 2022 price, before the service charge of about AED 12,300 a year.
Sales and rents for 3308 over time
3308 has sold 3 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 3308 sits
All 333 1-beds →3308 last sold in December 2022 at AED 1,279 per sqft, 28% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,002). 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. 3308's AED 55,200 is at the bottom 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 | |
| 3307 | 1-bed | 898 sqft | AED 1.15MAED 1,150,000 · May 2024May 2024 | 90,000 /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 |
3308, Mag 218 Tower in numbers
- Sold 3 times: first on 6 July 2009 for AED 683,640, last on 5 December 2022 for AED 1,080,000 (AED 1,279 per sqft).
- Rented since January 2019 on 4 Ejari contracts. The rent fell from AED 68,000 to AED 48,000 in 2021 and recovered to AED 55,200 by January 2022.
- At AED 55,200 a year the gross yield on the 2022 price is 5.1%, 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 5 December 2022.
Questions about 3308, Mag 218 Tower
What did unit 3308 last sell for?
AED 1,080,000 on 5 December 2022: AED 1,279 per sqft for 844 sqft. The unit has 3 registered sales; the first was AED 683,640 in July 2009.
What is the rent for unit 3308?
AED 55,200 a year on the contract renewed on 14 January 2022. The previous contract, from January 2021, was AED 48,000; the unit has been rented since January 2019.
How big is unit 3308?
844 sqft (78.4 sqm): a one-bedroom apartment on the 33rd floor of a 55-storey tower completed in 2010.
What is unit 3308 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 3308, Mag 218 Tower
Starts from the last sale price (AED 1.08M, 5 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,080,000
- Deposit, UAE resident (20%)
- AED 216,000
- Deposit, non-resident (40%)
- AED 432,000
- Monthly over 25 years at 3.7%
- AED 4,419
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →