3503, Mag 218 Tower
Sold prices and rental history: sold 3 times, last in June 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3503, Mag 218 Tower
What is 3503 worth today?
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Source: Dubai Land Department. Updated 10 January 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 35th of 55
- Parking
- 3P22
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 825K · June 2012
- Building
- Mag 218 Tower
About 3503, Mag 218 Tower
3503 is a one-bedroom apartment of 844 sqft on the 35th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 7 June 2012 for AED 825,000, or AED 977 per sqft, 21% above the AED 809 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 10 January 2022, is AED 60,000 a year: a gross yield of 7.3% on the 2012 price, before the service charge of about AED 12,300 a year.
Sales and rents for 3503 over time
3503 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 3503 sits
All 333 1-beds →3503 last sold in June 2012 at AED 977 per sqft, 21% above what one-beds in Mag 218 Tower were fetching at the time (AED 809). 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. 3503's AED 60,000 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 35th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3501 | 2-bed | 1,779 sqft | AED 1.84MAED 1,835,000 · May 2024May 2024 | 114,344 /yr | |
| 3502 | 1-bed | 898 sqft | AED 770KAED 770,000 · Nov 2021November 2021 | 73,000 /yr | |
| 3504 | 1-bed | 898 sqft | AED 727KAED 727,380 · Jul 2011July 2011 | 65,000 /yr | |
| 3505 | 2-bed | 1,779 sqft | AED 1.38MAED 1,380,000 · Sep 2020September 2020 | 155,000 /yr | |
| 3506 | 2-bed | 1,779 sqft | AED 1.44MAED 1,441,055 · Jul 2011July 2011 | 127,500 /yr | |
| 3507 | 1-bed | 898 sqft | AED 727KAED 727,380 · Jan 2011January 2011 | 75,000 /yr | |
| 3508 | 1-bed | 844 sqft | AED 684KAED 683,640 · Jan 2011January 2011 | 84,000 /yr | |
| 3509 | 1-bed | 898 sqft | AED 1MAED 1,000,000 · Mar 2016March 2016 | 75,000 /yr | |
| 3510 | 2-bed | 1,779 sqft | AED 1.44MAED 1,441,055 · Jan 2011January 2011 | 160,000 /yr |
3503, Mag 218 Tower in numbers
- Sold 3 times: first on 16 December 2010 for AED 683,640, last on 7 June 2012 for AED 825,000 (AED 977 per sqft).
- Rented since July 2016 on 5 Ejari contracts, from AED 90,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2012 price is 7.3%, 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 10 January 2022.
Questions about 3503, Mag 218 Tower
What did unit 3503 last sell for?
AED 825,000 on 7 June 2012: AED 977 per sqft for 844 sqft. The unit has 3 registered sales; the first was AED 683,640 in December 2010.
What is the rent for unit 3503?
AED 60,000 a year on the contract renewed on 10 January 2022. The previous contract, from January 2021, was AED 60,000; the unit has been rented since July 2016.
How big is unit 3503?
844 sqft (78.4 sqm): a one-bedroom apartment on the 35th floor of a 55-storey tower completed in 2010.
What is unit 3503 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 3503, Mag 218 Tower
Starts from the last sale price (AED 825K, 7 June 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 825,000
- Deposit, UAE resident (20%)
- AED 165,000
- Deposit, non-resident (40%)
- AED 330,000
- Monthly over 25 years at 3.7%
- AED 3,375
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →