1-bed · 898 sqftMag 218 Tower, Dubai Marina · 39th floor · completed 2010

3902, Mag 218 Tower

Sold prices and rental history: sold 5 times, last in October 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3902 · DLD and Ejari recordsUpdated 1 January 2023
Last soldAED 1.28M10 October 2013
Current rentAED 62K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3902, Mag 218 Tower

What is 3902 worth today?

Last sold for AED 1,280,000 in 2013

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1 Jan 2023RentedRenewal
AED 62,000/yr12 months · AED 69 per sqft
1 Jan 2022RentedRenewal
AED 55,000/yr12 months · AED 62 per sqft
1 Jan 2021RentedRenewal
AED 53,000/yr12 months · AED 59 per sqft
1 Jan 2020RentedRenewal
AED 72,000/yr12 months · AED 81 per sqft
1 Jan 2019RentedNew contract
AED 72,000/yr12 months · AED 81 per sqft
2 Jan 2017RentedNew contract
AED 80,000/yr12 months · AED 90 per sqft
1 Nov 2015RentedNew contract
AED 100,000/yr12 months · AED 112 per sqft
1 Nov 2014RentedNew contract
AED 95,256/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 1 January 2023.

Key facts

Type
1-bed apartment
Size
898 sqft
Floor
39th of 55
Parking
2P48
Developer
Dream Estate
Completed
2010
Service charge
AED 13,100 /yr
Last sold
AED 1.28M · October 2013

About 3902, Mag 218 Tower

3902 is a one-bedroom apartment of 898 sqft on the 39th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 10 October 2013 for AED 1,280,000, or AED 1,425 per sqft, 49% above the AED 959 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 January 2023, is AED 62,000 a year: a gross yield of 4.8% on the 2013 price, before the service charge of about AED 13,100 a year.

Sales and rents for 3902 over time

Sales
Unit 3902, 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, July 2009: AED 738,865 (AED 822 per sqft)Sold, December 2010: AED 738,865 (AED 822 per sqft)Sold, June 2011: AED 700,000 (AED 779 per sqft)Sold, July 2013: AED 1,050,000 (AED 1,169 per sqft)Sold, October 2013: AED 1,280,000 (AED 1,425 per sqft)

3902 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3902, each contractTypical one-bed in Mag 218 Tower
50K75K100K2012201620202024Typical 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 2014: AED 95,256 a yearNew contract, November 2015: AED 100,000 a yearNew contract, January 2017: AED 80,000 a yearNew contract, January 2019: AED 72,000 a yearRenewal, January 2020: AED 72,000 a yearRenewal, January 2021: AED 53,000 a yearRenewal, January 2022: AED 55,000 a yearRenewal, January 2023: AED 62,000 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 3902 sits

All 333 1-beds →

3902 last sold in October 2013 at AED 1,425 per sqft, 49% above what one-beds in Mag 218 Tower were fetching at the time (AED 959). 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. 3902's AED 62,000 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 39th floor

All 550 units in Mag 218 Tower
Value
39012-bedAED 2.13M · Jun 2025
39031-bedAED 1.1M · Apr 2016
39041-bedAED 1.13M · Feb 2016
39052-bedAED 2.25M · Oct 2024
39062-bedAED 2M · Mar 2017
39071-bedAED 1.41M · Jun 2015
39081-bedAED 1.27M · Nov 2016
1–7 of 9

3902, Mag 218 Tower in numbers

  • Sold 5 times: first on 6 July 2009 for AED 738,865, last on 10 October 2013 for AED 1,280,000 (AED 1,425 per sqft).
  • Rented since November 2014 on 8 Ejari contracts. The rent fell from AED 95,256 to AED 53,000 in 2021 and recovered to AED 62,000 by January 2023.
  • At AED 62,000 a year the gross yield on the 2013 price is 4.8%, 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 1 January 2023.

Questions about 3902, Mag 218 Tower

What did unit 3902 last sell for?

AED 1,280,000 on 10 October 2013: AED 1,425 per sqft for 898 sqft. The unit has 5 registered sales; the first was AED 738,865 in July 2009.

What is the rent for unit 3902?

AED 62,000 a year on the contract renewed on 1 January 2023. The previous contract, from January 2022, was AED 55,000; the unit has been rented since November 2014.

How big is unit 3902?

898 sqft (83.4 sqm): a one-bedroom apartment on the 39th floor of a 55-storey tower completed in 2010.

What is unit 3902 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 3902, Mag 218 Tower

Starts from the last sale price (AED 1.28M, 10 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,280,000
Deposit, UAE resident (20%)
AED 256,000
Deposit, non-resident (40%)
AED 512,000
Monthly over 25 years at 3.7%
AED 5,237

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