3706, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in November 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3706, Mag 218 Tower
What is 3706 worth today?
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Source: Dubai Land Department. Updated 21 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,779 sqft
- Floor
- 37th of 55
- Parking
- 3P36
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,900 /yr
- Last sold
- AED 2.05M · November 2023
- Building
- Mag 218 Tower
About 3706, Mag 218 Tower
3706 is a two-bedroom apartment of 1,779 sqft on the 37th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 21 November 2023 for AED 2,050,000, or AED 1,152 per sqft, 14% above the AED 1,014 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 10 December 2022, is AED 105,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 25,900 a year.
Sales and rents for 3706 over time
3706 has sold 4 times; 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 3706 sits
All 222 2-beds →3706 last sold in November 2023 at AED 1,152 per sqft, 14% above what two-beds in Mag 218 Tower were fetching at the time (AED 1,014). 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. 3706's AED 105,000 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 37th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3701 | 2-bed | 1,779 sqft | AED 2.2MAED 2,200,000 · Apr 2025April 2025 | 140,000 /yr | |
| 3702 | 1-bed | 898 sqft | AED 1.29MAED 1,285,000 · Jul 2024July 2024 | 80,000 /yr | |
| 3703 | 1-bed | 844 sqft | AED 730KAED 730,000 · Feb 2011February 2011 | 68,000 /yr | |
| 3704 | 1-bed | 898 sqft | AED 1.3MAED 1,300,000 · Jul 2025July 2025 | 60,000 /yr | |
| 3705 | 2-bed | 1,779 sqft | AED 1.44MAED 1,441,055 · Jul 2013July 2013 | 138,500 /yr | |
| 3707 | 1-bed | 898 sqft | AED 1.3MAED 1,295,000 · Apr 2017April 2017 | 95,000 /yr | |
| 3708 | 1-bed | 844 sqft | AED 860KAED 860,000 · Aug 2019August 2019 | 92,000 /yr | |
| 3709 | 1-bed | 898 sqft | AED 727KAED 727,380 · Jul 2012July 2012 | 83,000 /yr | |
| 3710 | 2-bed | 1,779 sqft | AED 1.44MAED 1,441,055 · May 2011May 2011 | 120,000 /yr |
3706, Mag 218 Tower in numbers
- Sold 4 times: first on 1 June 2011 for AED 1,441,055, last on 21 November 2023 for AED 2,050,000 (AED 1,152 per sqft).
- Rented since December 2015 on 8 Ejari contracts, from AED 132,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2023 price is 5.1%, 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 21 November 2023.
Questions about 3706, Mag 218 Tower
What did unit 3706 last sell for?
AED 2,050,000 on 21 November 2023: AED 1,152 per sqft for 1,779 sqft. The unit has 4 registered sales; the first was AED 1,441,055 in June 2011.
What is the rent for unit 3706?
AED 105,000 a year on the contract renewed on 10 December 2022. The previous contract, from December 2021, was AED 105,000; the unit has been rented since December 2015.
How big is unit 3706?
1,779 sqft (165.3 sqm): a two-bedroom apartment on the 37th floor of a 55-storey tower completed in 2010.
What is unit 3706 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 3706, Mag 218 Tower
Starts from the last sale price (AED 2.05M, 21 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,050,000
- Deposit, UAE resident (20%)
- AED 410,000
- Deposit, non-resident (40%)
- AED 820,000
- Monthly over 25 years at 3.7%
- AED 8,387
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →