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1-bed · 898 sqftMag 218 Tower, Dubai Marina · 37th floor · completed 2010

3707, Mag 218 Tower

Sold prices and rental history: sold twice, last in April 2017, and rented once, from November 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3707 · DLD and Ejari recordsUpdated 10 April 2017
Last soldAED 1.3M10 April 2017
Current rentAED 95K /yr1 November 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3707, Mag 218 Tower

What is 3707 worth today?

Last sold for AED 1,295,000 in 2017

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10 Apr 2017SoldReady
AED 1,295,000AED 1,442 per sqft
1 Nov 2013RentedNew contract
AED 95,000/yr12 months · AED 106 per sqft
20 Nov 2012Sold by developerReady
AED 727,380AED 809 per sqft

Source: Dubai Land Department. Updated 10 April 2017.

Key facts

Type
1-bed apartment
Size
898 sqft
Floor
37th of 55
Parking
3P35
Developer
Dream Estate
Completed
2010
Service charge
AED 13,100 /yr
Last sold
AED 1.3M · April 2017
Building
Mag 218 Tower

About 3707, Mag 218 Tower

3707 is a one-bedroom apartment of 898 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 10 April 2017 for AED 1,295,000, or AED 1,442 per sqft, 11% above the AED 1,303 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2013. The current contract, signed on 1 November 2013, is AED 95,000 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 13,100 a year.

Sales and rents for 3707 over time

Sales
Unit 3707, 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, November 2012: AED 727,380 (AED 809 per sqft)Sold, April 2017: AED 1,295,000 (AED 1,442 per sqft)

3707 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3707, each contractTypical one-bed in Mag 218 Tower
60K80K100K2012201620202024Typical 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, November 2013: AED 95,000 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 3707 sits

All 333 1-beds →

3707 last sold in April 2017 at AED 1,442 per sqft, 11% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,303). 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. 3707's AED 95,000 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 37th floor

All 550 units in Mag 218 Tower
Value
37012-bedAED 2.2M · Apr 2025
37021-bedAED 1.29M · Jul 2024
37031-bedAED 730K · Feb 2011
37041-bedAED 1.3M · Jul 2025
37052-bedAED 1.44M · Jul 2013
37062-bedAED 2.05M · Nov 2023
37081-bedAED 860K · Aug 2019
1–7 of 9

3707, Mag 218 Tower in numbers

  • Sold twice: first on 20 November 2012 for AED 727,380, last on 10 April 2017 for AED 1,295,000 (AED 1,442 per sqft).
  • Rented since November 2013 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2017 price is 7.3%, 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 10 April 2017.

Questions about 3707, Mag 218 Tower

What did unit 3707 last sell for?

AED 1,295,000 on 10 April 2017: AED 1,442 per sqft for 898 sqft. The unit has 2 registered sales; the first was AED 727,380 in November 2012.

What is the rent for unit 3707?

AED 95,000 a year on the contract signed on 1 November 2013.

How big is unit 3707?

898 sqft (83.4 sqm): a one-bedroom apartment on the 37th floor of a 55-storey tower completed in 2010.

What is unit 3707 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 3707, Mag 218 Tower

Starts from the last sale price (AED 1.3M, 10 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,295,000
Deposit, UAE resident (20%)
AED 259,000
Deposit, non-resident (40%)
AED 518,000
Monthly over 25 years at 3.7%
AED 5,298

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