3406, Mag 218 Tower
Sold prices and rental history: sold once, by the developer in October 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3406, Mag 218 Tower
What is 3406 worth today?
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Source: Dubai Land Department. Updated 22 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,779 sqft
- Floor
- 34th of 55
- Parking
- 3P68
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,900 /yr
- Last sold
- AED 1.44M · October 2011
- Building
- Mag 218 Tower
About 3406, Mag 218 Tower
3406 is a two-bedroom apartment of 1,779 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 1,441,055, or AED 810 per sqft, in line with the AED 800 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 22 August 2026, is AED 120,000 a year: a gross yield of 8.3% on the 2011 price, before the service charge of about AED 25,900 a year.
Sales and rents for 3406 over time
3406 has sold once; 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 3406 sits
All 222 2-beds →3406 last sold in October 2011 at AED 810 per sqft, in line with what two-beds in Mag 218 Tower were fetching at the time (AED 800). 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. 3406's AED 120,000 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 34th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3401 | 2-bed | 1,779 sqft | AED 1.44MAED 1,441,055 · Oct 2011October 2011 | 105,000 /yr | |
| 3402 | 1-bed | 898 sqft | AED 727KAED 727,380 · Oct 2011October 2011 | 67,000 /yr | |
| 3403 | 1-bed | 844 sqft | AED 1.1MAED 1,100,000 · Nov 2024November 2024 | 73,500 /yr | |
| 3404 | 1-bed | 898 sqft | AED 727KAED 727,380 · Oct 2011October 2011 | 82,000 /yr | |
| 3405 | 2-bed | 1,779 sqft | AED 1.44MAED 1,441,055 · Oct 2011October 2011 | 145,000 /yr | |
| 3407 | 1-bed | 898 sqft | AED 727KAED 727,380 · Oct 2011October 2011 | 85,000 /yr | |
| 3408 | 1-bed | 844 sqft | AED 684KAED 683,640 · Oct 2011October 2011 | 75,000 /yr | |
| 3409 | 1-bed | 898 sqft | AED 727KAED 727,380 · Oct 2011October 2011 | 70,000 /yr | |
| 3410 | 2-bed | 1,779 sqft | AED 1.44MAED 1,441,055 · Oct 2011October 2011 | 127,339 /yr |
3406, Mag 218 Tower in numbers
- Sold once: by Dream Estate on 11 October 2011 for AED 1,441,055, or AED 810 per sqft.
- Rented since July 2013 on 13 Ejari contracts. The rent fell from AED 115,000 to AED 100,000 in 2020 and recovered to AED 120,000 by August 2026.
- At AED 120,000 a year the gross yield on the 2011 price is 8.3%, 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 22 August 2026.
Questions about 3406, Mag 218 Tower
What did unit 3406 last sell for?
AED 1,441,055 on 11 October 2011, sold by the developer: AED 810 per sqft for 1,779 sqft. It is the only registered sale of the unit.
What is the rent for unit 3406?
AED 120,000 a year on the contract signed on 22 August 2026. The previous contract, from March 2026, was AED 150,000; the unit has been rented since July 2013.
How big is unit 3406?
1,779 sqft (165.3 sqm): a two-bedroom apartment on the 34th floor of a 55-storey tower completed in 2010.
What is unit 3406 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 3406, Mag 218 Tower
Starts from the last sale price (AED 1.44M, 11 October 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,441,055
- Deposit, UAE resident (20%)
- AED 288,211
- Deposit, non-resident (40%)
- AED 576,422
- Monthly over 25 years at 3.7%
- AED 5,896
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →