2-bed · 1,779 sqftMag 218 Tower, Dubai Marina · 38th floor · completed 2010

3810, Mag 218 Tower

Sold prices and rental history: sold 3 times, last in February 2017, and rented once, from September 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3810 · DLD and Ejari recordsUpdated 26 February 2017
Last soldAED 1.55M26 February 2017
Current rentAED 125K /yr1 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3810, Mag 218 Tower

What is 3810 worth today?

Last sold for AED 1,550,000 in 2017

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26 Feb 2017SoldReady
AED 1,550,000AED 871 per sqft
1 Sep 2013RentedNew contract
AED 125,000/yr12 months · AED 70 per sqft
4 Dec 2011SoldReady
AED 1,100,000AED 618 per sqft
18 Aug 2011Sold by developerReady
AED 1,460,811AED 821 per sqft

Source: Dubai Land Department. Updated 26 February 2017.

Key facts

Type
2-bed apartment
Size
1,779 sqft
Floor
38th of 55
Parking
3P39
Developer
Dream Estate
Completed
2010
Service charge
AED 25,900 /yr
Last sold
AED 1.55M · February 2017

About 3810, Mag 218 Tower

3810 is a two-bedroom apartment of 1,779 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 26 February 2017 for AED 1,550,000, or AED 871 per sqft, 13% below the AED 999 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2013. The current contract, signed on 1 September 2013, is AED 125,000 a year: a gross yield of 8.1% on the 2017 price, before the service charge of about AED 25,900 a year.

Sales and rents for 3810 over time

Sales
Unit 3810, each saleTypical two-bed in Mag 218 Tower
1M2M2006201220182024Typical sale price by year: 2006 AED 1,318,478; 2009 AED 1,437,450; 2010 AED 1,377,898; 2011 AED 1,423,264; 2012 AED 1,415,209; 2013 AED 1,700,000; 2014 AED 2,275,000; 2015 AED 1,950,000; 2016 AED 1,800,000; 2017 AED 1,840,000; 2018 AED 1,550,000; 2019 AED 1,215,000; 2020 AED 1,150,000; 2021 AED 1,215,000; 2022 AED 1,534,583; 2023 AED 1,797,500; 2024 AED 2,175,000; 2025 AED 2,200,000; 2026 AED 2,265,000Sold by developer, August 2011: AED 1,460,811 (AED 821 per sqft)Sold, December 2011: AED 1,100,000 (AED 618 per sqft)Sold, February 2017: AED 1,550,000 (AED 871 per sqft)

3810 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3810, each contractTypical two-bed in Mag 218 Tower
100K125K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 130,000; 2015 AED 137,634; 2016 AED 135,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 104,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 96,800; 2023 AED 105,500; 2024 AED 126,000; 2025 AED 130,000; 2026 AED 126,000New contract, September 2013: AED 125,000 a year

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 3810 sits

All 222 2-beds →

3810 last sold in February 2017 at AED 871 per sqft, 13% below what two-beds in Mag 218 Tower were fetching at the time (AED 999). 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. 3810's AED 125,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20261,600,000
25 Sep 20262,100,000
24 Jun 20262,040,000
19 May 20262,450,000
8 2-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
38031-bedAED 750K · Jan 2019
38041-bedAED 740K · Feb 2020
38052-bedAED 1.67M · Apr 2012
38062-bedAED 2.76M · May 2025
38071-bedAED 1.15M · Jul 2023
1–7 of 9

3810, Mag 218 Tower in numbers

  • Sold 3 times: first on 18 August 2011 for AED 1,460,811, last on 26 February 2017 for AED 1,550,000 (AED 871 per sqft).
  • Rented since September 2013 on one Ejari contract, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2017 price is 8.1%, 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 26 February 2017.

Questions about 3810, Mag 218 Tower

What did unit 3810 last sell for?

AED 1,550,000 on 26 February 2017: AED 871 per sqft for 1,779 sqft. The unit has 3 registered sales; the first was AED 1,460,811 in August 2011.

What is the rent for unit 3810?

AED 125,000 a year on the contract signed on 1 September 2013.

How big is unit 3810?

1,779 sqft (165.3 sqm): a two-bedroom apartment on the 38th floor of a 55-storey tower completed in 2010.

What is unit 3810 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 3810, Mag 218 Tower

Starts from the last sale price (AED 1.55M, 26 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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