1203, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in February 2014, 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 1203, Mag 218 Tower
What is 1203 worth today?
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Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 12th of 55
- Parking
- 3B08
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 1.28M · February 2014
- Building
- Mag 218 Tower
About 1203, Mag 218 Tower
1203 is a one-bedroom apartment of 844 sqft on the 12th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 6 February 2014 for AED 1,280,000, or AED 1,516 per sqft, 30% above the AED 1,169 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 1 October 2025, is AED 80,000 a year: a gross yield of 6.3% on the 2014 price, before the service charge of about AED 12,300 a year.
Sales and rents for 1203 over time
1203 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 1203 sits
All 326 1-beds →1203 last sold in February 2014 at AED 1,516 per sqft, 30% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,169). 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. 1203's AED 80,000 is in the lower half 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 12th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,742 sqft | AED 1.18MAED 1,180,000 · Jul 2019July 2019 | 112,000 /yr | |
| 1202 | 1-bed | 875 sqft | AED 800KAED 800,000 · Feb 2023February 2023 | 70,000 /yr | |
| 1204 | 1-bed | 875 sqft | AED 789KAED 789,000 · Oct 2022October 2022 | 75,000 /yr | |
| 1205 | 2-bed | 1,742 sqft | AED 1.4MAED 1,400,000 · Nov 2018November 2018 | 135,000 /yr | |
| 1206 | 2-bed | 1,742 sqft | AED 2.45MAED 2,450,000 · Jan 2014January 2014 | 150,000 /yr | |
| 1207 | 1-bed | 446 sqft | AED 570KAED 569,729 · Apr 2025April 2025 | ||
| 1208 | 1-bed | 844 sqft | AED 850KAED 850,000 · Jul 2012July 2012 | 82,000 /yr | |
| 1209 | 1-bed | 875 sqft | AED 1.05MAED 1,050,000 · Oct 2022October 2022 | 90,000 /yr | |
| 1210 | 2-bed | 1,742 sqft | AED 2.13MAED 2,125,000 · Jul 2023July 2023 | 145,000 /yr |
1203, Mag 218 Tower in numbers
- Sold 4 times: first on 28 July 2010 for AED 586,670, last on 6 February 2014 for AED 1,280,000 (AED 1,516 per sqft).
- Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 67,624 to AED 40,000 in 2020 and recovered to AED 80,000 by October 2025.
- At AED 80,000 a year the gross yield on the 2014 price is 6.3%, 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 1,100,000–1,600,000 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 October 2025.
Questions about 1203, Mag 218 Tower
What did unit 1203 last sell for?
AED 1,280,000 on 6 February 2014: AED 1,516 per sqft for 844 sqft. The unit has 4 registered sales; the first was AED 586,670 in July 2010.
What is the rent for unit 1203?
AED 80,000 a year on the contract signed on 1 October 2025. The previous contract, from April 2024, was AED 65,000; the unit has been rented since August 2013.
How big is unit 1203?
844 sqft (78.4 sqm): a one-bedroom apartment on the 12th floor of a 55-storey tower completed in 2010.
What is unit 1203 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 1203, Mag 218 Tower
Starts from the last sale price (AED 1.28M, 6 February 2014). 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 AED 58,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →