3408, Mag 218 Tower
Sold prices and rental history: sold once, by the developer in October 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3408, Mag 218 Tower
What is 3408 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 34th of 55
- Parking
- 3P66
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 684K · October 2011
- Building
- Mag 218 Tower
About 3408, Mag 218 Tower
3408 is a one-bedroom apartment of 844 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 683,640, 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 2012 on 13 Ejari contracts. The current contract, signed on 1 October 2026, is AED 75,000 a year: a gross yield of 11.0% on the 2011 price, before the service charge of about AED 12,300 a year.
Sales and rents for 3408 over time
3408 has sold once; 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 3408 sits
All 333 1-beds →3408 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. 3408's AED 75,000 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 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 | |
| 3406 | 2-bed | 1,779 sqft | AED 1.44MAED 1,441,055 · Oct 2011October 2011 | 120,000 /yr | |
| 3407 | 1-bed | 898 sqft | AED 727KAED 727,380 · Oct 2011October 2011 | 85,000 /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 |
3408, Mag 218 Tower in numbers
- Sold once: by Dream Estate on 11 October 2011 for AED 683,640, or AED 809 per sqft.
- Rented since October 2012 on 13 Ejari contracts. The rent fell from AED 75,000 to AED 50,000 in 2021 and recovered to AED 75,000 by October 2026.
- At AED 75,000 a year the gross yield on the 2011 price is 11.0%, 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 1 October 2026.
Questions about 3408, Mag 218 Tower
What did unit 3408 last sell for?
AED 683,640 on 11 October 2011, sold by the developer: AED 809 per sqft for 844 sqft. It is the only registered sale of the unit.
What is the rent for unit 3408?
AED 75,000 a year on the contract signed on 1 October 2026. The previous contract, from September 2025, was AED 80,000; the unit has been rented since October 2012.
How big is unit 3408?
844 sqft (78.4 sqm): a one-bedroom apartment on the 34th floor of a 55-storey tower completed in 2010.
What is unit 3408 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 3408, Mag 218 Tower
Starts from the last sale price (AED 684K, 11 October 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 683,640
- Deposit, UAE resident (20%)
- AED 136,728
- Deposit, non-resident (40%)
- AED 273,456
- Monthly over 25 years at 3.7%
- AED 2,797
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →