1-bed · 898 sqftMag 218 Tower, Dubai Marina · 34th floor · completed 2010

3404, Mag 218 Tower

Sold prices and rental history: sold once, by the developer in October 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3404 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 727K11 October 2011
Current rentAED 82K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3404, Mag 218 Tower

What is 3404 worth today?

Last sold for AED 727,380 in 2011

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1 Sep 2025RentedRenewal
AED 82,000/yr12 months · AED 91 per sqft
1 Sep 2024RentedNew contract
AED 82,000/yr12 months · AED 91 per sqft
1 Sep 2024RentedNew contract
AED 82,000/yr12 months · AED 91 per sqft
6 Jun 2023RentedRenewal
AED 60,480/yr12 months · AED 67 per sqft
6 Jun 2022RentedRenewal
AED 50,400/yr12 months · AED 56 per sqft
6 Jun 2021RentedNew contract
AED 42,000/yr12 months · AED 47 per sqft
1 May 2020RentedNew contract
AED 53,000/yr12 months · AED 59 per sqft
5 Dec 2018RentedNew contract
AED 70,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
1-bed apartment
Size
898 sqft
Floor
34th of 55
Parking
3P72
Developer
Dream Estate
Completed
2010
Service charge
AED 13,100 /yr
Last sold
AED 727K · October 2011

About 3404, Mag 218 Tower

3404 is a one-bedroom apartment of 898 sqft on the 34th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. The developer sold it on 11 October 2011 for AED 727,380, or AED 809 per sqft, in line with the AED 800 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 82,000 a year: a gross yield of 11.3% on the 2011 price, before the service charge of about AED 13,100 a year.

Sales and rents for 3404 over time

Sales
Unit 3404, each saleTypical one-bed in Mag 218 Tower
1M2005201120172023Typical sale price by year: 2005 AED 721,665; 2006 AED 715,202; 2008 AED 781,429; 2009 AED 683,640; 2010 AED 724,314; 2011 AED 704,666; 2012 AED 727,380; 2013 AED 982,500; 2014 AED 1,350,000; 2015 AED 1,217,500; 2016 AED 1,100,000; 2017 AED 1,075,000; 2018 AED 995,920; 2019 AED 850,000; 2020 AED 740,000; 2021 AED 779,500; 2022 AED 900,000; 2023 AED 1,000,000; 2024 AED 1,135,000; 2025 AED 1,187,500; 2026 AED 1,185,000Sold by developer, October 2011: AED 727,380 (AED 809 per sqft)

3404 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3404, each contractTypical one-bed in Mag 218 Tower
50K100K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 78,750; 2014 AED 85,675; 2015 AED 92,000; 2016 AED 90,000; 2017 AED 85,000; 2018 AED 78,000; 2019 AED 70,000; 2020 AED 55,000; 2021 AED 52,000; 2022 AED 61,700; 2023 AED 70,350; 2024 AED 81,000; 2025 AED 84,525; 2026 AED 80,000New contract, October 2014: AED 105,000 a yearNew contract, October 2017: AED 80,000 a yearNew contract, December 2018: AED 70,000 a yearNew contract, May 2020: AED 53,000 a yearNew contract, June 2021: AED 42,000 a yearRenewal, June 2022: AED 50,400 a yearRenewal, June 2023: AED 60,480 a yearNew contract, September 2024: AED 82,000 a yearNew contract, September 2024: AED 82,000 a yearRenewal, September 2025: AED 82,000 a year

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 3404 sits

All 333 1-beds →

3404 last sold in October 2011 at AED 809 per sqft, in line with what one-beds in Mag 218 Tower were fetching at the time (AED 800). 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. 3404's AED 82,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Sep 20261,050,000
4 Sep 20261,150,000
14 Jul 20261,230,000
7 Jul 20261,250,000
19 1-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 34th floor

All 550 units in Mag 218 Tower
Value
34012-bedAED 1.44M · Oct 2011
34021-bedAED 727K · Oct 2011
34031-bedAED 1.1M · Nov 2024
34052-bedAED 1.44M · Oct 2011
34062-bedAED 1.44M · Oct 2011
34071-bedAED 727K · Oct 2011
34081-bedAED 684K · Oct 2011
1–7 of 9

3404, Mag 218 Tower in numbers

  • Sold once: by Dream Estate on 11 October 2011 for AED 727,380, or AED 809 per sqft.
  • Rented since October 2014 on 10 Ejari contracts. The rent fell from AED 105,000 to AED 42,000 in 2021 and recovered to AED 82,000 by September 2025.
  • At AED 82,000 a year the gross yield on the 2011 price is 11.3%, 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 1 September 2025.

Questions about 3404, Mag 218 Tower

What did unit 3404 last sell for?

AED 727,380 on 11 October 2011, sold by the developer: AED 809 per sqft for 898 sqft. It is the only registered sale of the unit.

What is the rent for unit 3404?

AED 82,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 82,000; the unit has been rented since October 2014.

How big is unit 3404?

898 sqft (83.4 sqm): a one-bedroom apartment on the 34th floor of a 55-storey tower completed in 2010.

What is unit 3404 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 3404, Mag 218 Tower

Starts from the last sale price (AED 727K, 11 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 727,380
Deposit, UAE resident (20%)
AED 145,476
Deposit, non-resident (40%)
AED 290,952
Monthly over 25 years at 3.7%
AED 2,976

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