1-bed · 844 sqftMag 218 Tower, Dubai Marina · 7th floor · completed 2010

708, Mag 218 Tower

Sold prices and rental history: sold twice, last in November 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 17 November 2025
Last soldAED 1.3M17 November 2025
Current rentAED 85K /yr3 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Mag 218 Tower

What is 708 worth today?

Last sold for AED 1,300,000 in 2025

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17 Nov 2025SoldReady
AED 1,300,000AED 1,540 per sqft
3 Mar 2025RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
3 Mar 2025RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
7 Dec 2023RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft
10 Nov 2022RentedRenewal
AED 65,000/yr12 months · AED 77 per sqft
10 Nov 2021RentedNew contract
AED 55,000/yr12 months · AED 65 per sqft
25 Oct 2020RentedRenewal
AED 50,000/yr12 months · AED 59 per sqft
25 Oct 2019RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 17 November 2025.

Key facts

Type
1-bed apartment
Size
844 sqft
Floor
7th of 55
Parking
4P19
Developer
Dream Estate
Completed
2010
Service charge
AED 12,300 /yr
Last sold
AED 1.3M · November 2025

About 708, Mag 218 Tower

708 is a one-bedroom apartment of 844 sqft on the 7th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 17 November 2025 for AED 1,300,000, or AED 1,540 per sqft, 15% above the AED 1,335 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 3 March 2025, is AED 85,000 a year: a gross yield of 6.5% on the 2025 price, before the service charge of about AED 12,300 a year.

Sales and rents for 708 over time

Sales
Unit 708, 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, August 2009: AED 643,940 (AED 762 per sqft)Sold, November 2025: AED 1,300,000 (AED 1,540 per sqft)

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

Rents
Unit 708, each contractTypical one-bed in Mag 218 Tower
60K80K2012201620202024Typical 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, September 2013: AED 65,000 a yearRenewal, September 2014: AED 74,000 a yearRenewal, September 2015: AED 76,000 a yearNew contract, September 2016: AED 76,000 a yearNew contract, September 2017: AED 80,000 a yearRenewal, September 2018: AED 73,000 a yearNew contract, October 2019: AED 60,000 a yearRenewal, October 2020: AED 50,000 a yearNew contract, November 2021: AED 55,000 a yearRenewal, November 2022: AED 65,000 a yearNew contract, December 2023: AED 85,000 a yearNew contract, March 2025: AED 85,000 a yearNew contract, March 2025: AED 85,000 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 708 sits

All 333 1-beds →

708 last sold in November 2025 at AED 1,540 per sqft, 15% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,335). 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. 708's AED 85,000 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 7th floor

All 550 units in Mag 218 Tower
Value
7012-bedAED 1.6M · Oct 2026
7021-bedAED 660K · Feb 2011
7031-bedAED 644K · Jul 2013
7041-bedAED 820K · Dec 2022
7052-bedAED 1.62M · Feb 2011
7062-bedAED 868K · Jun 2022
7071-bedAED 660K · Jan 2011
1–7 of 9

708, Mag 218 Tower in numbers

  • Sold twice: first on 25 August 2009 for AED 643,940, last on 17 November 2025 for AED 1,300,000 (AED 1,540 per sqft).
  • Rented since September 2013 on 13 Ejari contracts. The rent fell from AED 65,000 to AED 50,000 in 2020 and recovered to AED 85,000 by March 2025.
  • At AED 85,000 a year the gross yield on the 2025 price is 6.5%, 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 17 November 2025.

Questions about 708, Mag 218 Tower

What did unit 708 last sell for?

AED 1,300,000 on 17 November 2025: AED 1,540 per sqft for 844 sqft. The unit has 2 registered sales; the first was AED 643,940 in August 2009.

What is the rent for unit 708?

AED 85,000 a year on the contract signed on 3 March 2025. The previous contract, from March 2025, was AED 85,000; the unit has been rented since September 2013.

How big is unit 708?

844 sqft (78.4 sqm): a one-bedroom apartment on the 7th floor of a 55-storey tower completed in 2010.

What is unit 708 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 708, Mag 218 Tower

Starts from the last sale price (AED 1.3M, 17 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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