104, Mag 218 Tower
Sold prices and rental history: sold twice, last in April 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 104, Mag 218 Tower
What is 104 worth today?
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Source: Dubai Land Department. Updated 1 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 864 sqft
- Floor
- 1st of 55
- Parking
- 4P24
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,600 /yr
- Last sold
- AED 870K · April 2014
- Building
- Mag 218 Tower
About 104, Mag 218 Tower
104 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 29 April 2014 for AED 870,000, or AED 1,006 per sqft, 17% below the AED 1,211 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 70,000 a year: a gross yield of 8.1% on the 2014 price, before the service charge of about AED 12,600 a year.
Sales and rents for 104 over time
104 has sold twice; 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 104 sits
All 326 1-beds →104 last sold in April 2014 at AED 1,006 per sqft, 17% below what one-beds in Mag 218 Tower were fetching at the time (AED 1,211). 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. 104's AED 70,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 886 sqft | 1,190,000 | 1,343 | ||
| 4 Feb 20264 February 2026 | 898 sqft | 1,260,000 | 1,403 | ||
| 2 Feb 20262 February 2026 | 844 sqft | 1,270,000 | 1,504 | ||
| 23 Dec 202523 December 2025 | 875 sqft | 1,120,000 | 1,279 |
Mag 218 Tower
Building550 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%
Other units on the 1st floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,723 sqft | AED 2.45MAED 2,450,000 · May 2025May 2025 | 115,000 /yr | |
| 102 | 1-bed | 864 sqft | AED 715KAED 714,804 · Oct 2012October 2012 | 81,000 /yr | |
| 103 | 1-bed | 844 sqft | AED 1.01MAED 1,010,000 · Nov 2023November 2023 | 77,500 /yr | |
| 105 | 2-bed | 1,723 sqft | AED 1.95MAED 1,950,000 · Sep 2015September 2015 | 125,000 /yr | |
| 106 | 2-bed | 1,723 sqft | AED 2.25MAED 2,250,000 · Nov 2024November 2024 | 150,000 /yr | |
| 107 | 1-bed | 864 sqft | AED 550KAED 550,000 · Nov 2013November 2013 | 85,000 /yr | |
| 108 | 1-bed | 844 sqft | AED 1.04MAED 1,040,429 · Mar 2024March 2024 | 102,300 /yr | |
| 109 | 1-bed | 864 sqft | AED 650KAED 649,822 · May 2011May 2011 | 85,000 /yr | |
| 110 | 2-bed | 1,723 sqft | AED 1.67MAED 1,670,000 · Oct 2016October 2016 | 130,000 /yr |
104, Mag 218 Tower in numbers
- Sold twice: first on 6 July 2009 for AED 870,000, last on 29 April 2014 for AED 870,000 (AED 1,006 per sqft).
- Rented since May 2014 on 5 Ejari contracts. The rent fell from AED 80,000 to AED 20,000 in 2018 and recovered to AED 70,000 by June 2024.
- At AED 70,000 a year the gross yield on the 2014 price is 8.1%, 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 June 2024.
Questions about 104, Mag 218 Tower
What did unit 104 last sell for?
AED 870,000 on 29 April 2014: AED 1,006 per sqft for 864 sqft. The unit has 2 registered sales; the first was AED 870,000 in July 2009.
What is the rent for unit 104?
AED 70,000 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 66,000; the unit has been rented since May 2014.
How big is unit 104?
864 sqft (80.3 sqm): a one-bedroom apartment on the 1st floor of a 55-storey tower completed in 2010.
What is unit 104 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 104, Mag 218 Tower
Starts from the last sale price (AED 870K, 29 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 870,000
- Deposit, UAE resident (20%)
- AED 174,000
- Deposit, non-resident (40%)
- AED 348,000
- Monthly over 25 years at 3.7%
- AED 3,559
Plus AED 41,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →