1-bed · 864 sqftMag 218 Tower, Dubai Marina · 1st floor · completed 2010

102, Mag 218 Tower

Sold prices and rental history: sold 3 times, last in October 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 715K10 October 2012
Current rentAED 81K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Mag 218 Tower

What is 102 worth today?

Last sold for AED 714,804 in 2012

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1 Sep 2024RentedRenewal
AED 81,000/yr12 months · AED 94 per sqft
1 Sep 2023RentedRenewal
AED 72,000/yr12 months · AED 84 per sqft
1 Sep 2022RentedNew contract
AED 65,000/yr12 months · AED 75 per sqft
1 Jul 2020RentedNew contract
AED 40,000/yr12 months · AED 46 per sqft
8 Sep 2014RentedNew contract
AED 63,000/yr12 months · AED 73 per sqft
13 Sep 2013RentedNew contract
AED 63,000/yr12 months · AED 73 per sqft
10 Oct 2012SoldReady
AED 714,804AED 827 per sqft
6 May 2010Sold by developerOff-plan
AED 600,000AED 694 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
864 sqft
Floor
1st of 55
Parking
4P26
Developer
Dream Estate
Completed
2010
Service charge
AED 12,600 /yr
Last sold
AED 715K · October 2012

About 102, Mag 218 Tower

102 is a one-bedroom apartment of 864 sqft on the 1st floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 10 October 2012 for AED 714,804, or AED 827 per sqft, in line with the AED 809 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 81,000 a year: a gross yield of 11.3% on the 2012 price, before the service charge of about AED 12,600 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical one-bed in Mag 218 Tower
500K1M2005201120172023Typical sale price by year: 2005 AED 721,665; 2006 AED 715,202; 2009 AED 683,640; 2010 AED 723,727; 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 1,050,000; 2018 AED 995,920; 2019 AED 860,000; 2020 AED 740,000; 2021 AED 779,500; 2022 AED 900,000; 2023 AED 1,000,000; 2024 AED 1,135,000; 2025 AED 1,170,000; 2026 AED 1,260,000Sold by developer, May 2010: AED 600,000 (AED 694 per sqft)Sold, May 2010: AED 600,000 (AED 694 per sqft)Sold, October 2012: AED 714,804 (AED 827 per sqft)

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

Rents
Unit 102, each contractTypical one-bed in Mag 218 Tower
50K75K100K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 78,750; 2014 AED 85,000; 2015 AED 92,751; 2016 AED 90,000; 2017 AED 85,000; 2018 AED 78,000; 2019 AED 70,000; 2020 AED 55,500; 2021 AED 52,000; 2022 AED 62,050; 2023 AED 70,350; 2024 AED 81,450; 2025 AED 84,000; 2026 AED 85,000New contract, September 2013: AED 63,000 a yearNew contract, September 2014: AED 63,000 a yearNew contract, July 2020: AED 40,000 a yearNew contract, September 2022: AED 65,000 a yearRenewal, September 2023: AED 72,000 a yearRenewal, September 2024: AED 81,000 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 102 sits

All 326 1-beds →

102 last sold in October 2012 at AED 827 per sqft, in line with what one-beds in Mag 218 Tower were fetching at the time (AED 809). Over the last 12 months one-beds sold for AED 1,100,000 to 1,600,000, around AED 1,403 per sqft, and rent for AED 75,075 to 160,000 a year. 102's AED 81,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Feb 20261,190,000
4 Feb 20261,260,000
2 Feb 20261,270,000
23 Dec 20251,120,000
8 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. 10 sold in the last 12 months.

Typical price per sqft
AED 1,384 Up 5.7%
Typical sale
AED 1.27M
Typical rent
AED 91K /yr
Typical yield
6.9%
Mag 218 Tower, Dubai Marina: prices, sales and rents →

Other units on the 1st floor

All 550 units in Mag 218 Tower
Value
1012-bedAED 2.45M · May 2025
1031-bedAED 1.01M · Nov 2023
1041-bedAED 870K · Apr 2014
1052-bedAED 1.95M · Sep 2015
1062-bedAED 2.25M · Nov 2024
1071-bedAED 550K · Nov 2013
1081-bedAED 1.04M · Mar 2024
1–7 of 9

102, Mag 218 Tower in numbers

  • Sold 3 times: first on 6 May 2010 for AED 600,000, last on 10 October 2012 for AED 714,804 (AED 827 per sqft).
  • Rented since September 2013 on 6 Ejari contracts. The rent fell from AED 63,000 to AED 40,000 in 2020 and recovered to AED 81,000 by September 2024.
  • At AED 81,000 a year the gross yield on the 2012 price is 11.3%, before a service charge of about AED 12,600 a year (AED 14.54 per sqft).
  • One-beds in Mag 218 Tower sold for AED 1,100,000–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,384 per sqft.

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 102, Mag 218 Tower

What did unit 102 last sell for?

AED 714,804 on 10 October 2012: AED 827 per sqft for 864 sqft. The unit has 3 registered sales; the first was AED 600,000 in May 2010.

What is the rent for unit 102?

AED 81,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 72,000; the unit has been rented since September 2013.

How big is unit 102?

864 sqft (80.3 sqm): a one-bedroom apartment on the 1st floor of a 55-storey tower completed in 2010.

What is unit 102 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 1,100,000 to 1,600,000 in the last 12 months, around AED 1,403 per sqft.

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Mortgage on 102, Mag 218 Tower

Starts from the last sale price (AED 715K, 10 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 714,804
Deposit, UAE resident (20%)
AED 142,961
Deposit, non-resident (40%)
AED 285,922
Monthly over 25 years at 3.7%
AED 2,924

Plus AED 35,032 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →