1-bed · 844 sqftMag 218 Tower, Dubai Marina · 38th floor · completed 2010

3803, Mag 218 Tower

Sold prices and rental history: sold twice, last in January 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3803 · DLD and Ejari recordsUpdated 1 February 2019
Last soldAED 750K23 January 2019
Current rentAED 75K /yr1 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3803, Mag 218 Tower

What is 3803 worth today?

Last sold for AED 750,000 in 2019

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1 Feb 2019RentedNew contract
AED 75,000/yr12 months · AED 89 per sqft
23 Jan 2019SoldReady
AED 750,000AED 888 per sqft
1 Feb 2018RentedRenewal
AED 80,000/yr12 months · AED 95 per sqft
1 Feb 2017RentedRenewal
AED 80,000/yr12 months · AED 95 per sqft
1 Feb 2016RentedNew contract
AED 90,000/yr12 months · AED 107 per sqft
25 Dec 2014RentedNew contract
AED 115,000/yr12 months · AED 137 per sqft
14 Jan 2013RentedNew contract
AED 82,500/yr12 months · AED 98 per sqft
17 Dec 2012Sold by developerReady
AED 753,278AED 892 per sqft

Source: Dubai Land Department. Updated 1 February 2019.

Key facts

Type
1-bed apartment
Size
844 sqft
Floor
38th of 55
Parking
3P05
Developer
Dream Estate
Completed
2010
Service charge
AED 12,300 /yr
Last sold
AED 750K · January 2019

About 3803, Mag 218 Tower

3803 is a one-bedroom apartment of 844 sqft on the 38th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 23 January 2019 for AED 750,000, or AED 888 per sqft, 17% below the AED 1,066 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 February 2019, is AED 75,000 a year: a gross yield of 10.0% on the 2019 price, before the service charge of about AED 12,300 a year.

Sales and rents for 3803 over time

Sales
Unit 3803, 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, December 2012: AED 753,278 (AED 892 per sqft)Sold, January 2019: AED 750,000 (AED 888 per sqft)

3803 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3803, each contractTypical one-bed in Mag 218 Tower
50K100K2012201620202024Typical 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, January 2013: AED 82,500 a yearNew contract, December 2014: AED 115,000 a yearNew contract, February 2016: AED 90,000 a yearRenewal, February 2017: AED 80,000 a yearRenewal, February 2018: AED 80,000 a yearNew contract, February 2019: AED 75,000 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 3803 sits

All 333 1-beds →

3803 last sold in January 2019 at AED 888 per sqft, 17% below what one-beds in Mag 218 Tower were fetching at the time (AED 1,066). 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. 3803's AED 75,000 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 38th floor

All 550 units in Mag 218 Tower
Value
38012-bedAED 1.9M · Feb 2015
38021-bedAED 1.18M · Mar 2025
38041-bedAED 740K · Feb 2020
38052-bedAED 1.67M · Apr 2012
38062-bedAED 2.76M · May 2025
38071-bedAED 1.15M · Jul 2023
38081-bedAED 1.33M · Feb 2017
1–7 of 9

3803, Mag 218 Tower in numbers

  • Sold twice: first on 17 December 2012 for AED 753,278, last on 23 January 2019 for AED 750,000 (AED 888 per sqft).
  • Rented since January 2013 on 6 Ejari contracts, from AED 82,500 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2019 price is 10.0%, 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 February 2019.

Questions about 3803, Mag 218 Tower

What did unit 3803 last sell for?

AED 750,000 on 23 January 2019: AED 888 per sqft for 844 sqft. The unit has 2 registered sales; the first was AED 753,278 in December 2012.

What is the rent for unit 3803?

AED 75,000 a year on the contract signed on 1 February 2019. The previous contract, from February 2018, was AED 80,000; the unit has been rented since January 2013.

How big is unit 3803?

844 sqft (78.4 sqm): a one-bedroom apartment on the 38th floor of a 55-storey tower completed in 2010.

What is unit 3803 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 3803, Mag 218 Tower

Starts from the last sale price (AED 750K, 23 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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