503, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Mag 218 Tower
What is 503 worth today?
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Source: Dubai Land Department. Updated 26 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 5th of 55
- Parking
- 4P13
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 918K · October 2024
- Building
- Mag 218 Tower
About 503, Mag 218 Tower
503 is a one-bedroom apartment of 844 sqft on the 5th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 17 October 2024 for AED 918,000, or AED 1,087 per sqft, 17% below the AED 1,305 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 26 September 2025, is AED 80,000 a year: a gross yield of 8.7% on the 2024 price, before the service charge of about AED 12,300 a year.
Sales and rents for 503 over time
503 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 503 sits
All 333 1-beds →503 last sold in October 2024 at AED 1,087 per sqft, 17% below what one-beds in Mag 218 Tower were fetching at the time (AED 1,305). 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. 503's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 202617 September 2026 | 844 sqft | 1,050,000 | 1,244 | ||
| 4 Sep 20264 September 2026 | 875 sqft | 1,150,000 | 1,314 | ||
| 14 Jul 202614 July 2026 | 864 sqft | 1,230,000 | 1,423 | ||
| 7 Jul 20267 July 2026 | 908 sqft | 1,250,000 | 1,376 |
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 5th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,723 sqft | AED 1.83MAED 1,825,000 · Aug 2023August 2023 | 100,000 /yr | |
| 502 | 1-bed | 864 sqft | AED 1.1MAED 1,100,000 · Dec 2013December 2013 | 80,000 /yr | |
| 504 | 1-bed | 864 sqft | AED 1.12MAED 1,120,000 · Apr 2024April 2024 | 80,000 /yr | |
| 505 | 2-bed | 1,723 sqft | AED 1MAED 1,000,000 · Sep 2016September 2016 | 145,000 /yr | |
| 506 | 2-bed | 1,723 sqft | AED 1.85MAED 1,850,000 · Dec 2015December 2015 | 133,000 /yr | |
| 507 | 1-bed | 864 sqft | AED 650KAED 650,000 · Jun 2012June 2012 | 68,500 /yr | |
| 508 | 1-bed | 844 sqft | AED 825KAED 825,000 · Sep 2012September 2012 | 75,000 /yr | |
| 509 | 1-bed | 864 sqft | AED 1MAED 1,000,000 · Nov 2012November 2012 | 140,000 /yr | |
| 510 | 2-bed | 1,723 sqft | AED 740KAED 740,000 · Jan 2013January 2013 | 85,000 /yr |
503, Mag 218 Tower in numbers
- Sold 4 times: first on 6 July 2009 for AED 564,395, last on 17 October 2024 for AED 918,000 (AED 1,087 per sqft).
- Rented since October 2013 on 14 Ejari contracts. The rent fell from AED 65,000 to AED 48,000 in 2021 and recovered to AED 80,000 by September 2025.
- At AED 80,000 a year the gross yield on the 2024 price is 8.7%, 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 26 September 2025.
Questions about 503, Mag 218 Tower
What did unit 503 last sell for?
AED 918,000 on 17 October 2024: AED 1,087 per sqft for 844 sqft. The unit has 4 registered sales; the first was AED 564,395 in July 2009.
What is the rent for unit 503?
AED 80,000 a year on the contract renewed on 26 September 2025. The previous contract, from September 2024, was AED 80,000; the unit has been rented since October 2013.
How big is unit 503?
844 sqft (78.4 sqm): a one-bedroom apartment on the 5th floor of a 55-storey tower completed in 2010.
What is unit 503 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 503, Mag 218 Tower
Starts from the last sale price (AED 918K, 17 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 918,000
- Deposit, UAE resident (20%)
- AED 183,600
- Deposit, non-resident (40%)
- AED 367,200
- Monthly over 25 years at 3.7%
- AED 3,756
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →