1702, Mag 218 Tower
Sold prices and rental history: sold twice, last in December 2016, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1702, Mag 218 Tower
What is 1702 worth today?
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Source: Dubai Land Department. Updated 1 April 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 875 sqft
- Floor
- 17th of 55
- Parking
- 2B69
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1.06M · December 2016
- Building
- Mag 218 Tower
About 1702, Mag 218 Tower
1702 is a one-bedroom apartment of 875 sqft on the 17th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 28 December 2016 for AED 1,060,000, or AED 1,211 per sqft, 4% below the AED 1,266 one-beds in the building were fetching at the time.
It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 1 April 2021, is AED 50,000 a year: a gross yield of 4.7% on the 2016 price, before the service charge of about AED 12,700 a year.
Sales and rents for 1702 over time
1702 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 1702 sits
All 326 1-beds →1702 last sold in December 2016 at AED 1,211 per sqft, 4% below what one-beds in Mag 218 Tower were fetching at the time (AED 1,266). 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. 1702's AED 50,000 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 17th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,742 sqft | AED 1.41MAED 1,408,181 · Feb 2011February 2011 | ||
| 1703 | 1-bed | 844 sqft | AED 750KAED 750,000 · Oct 2011October 2011 | 80,000 /yr | |
| 1704 | 1-bed | 875 sqft | AED 753KAED 752,582 · Apr 2011April 2011 | ||
| 1705 | 2-bed | 1,742 sqft | AED 1.41MAED 1,408,181 · Mar 2015March 2015 | 140,000 /yr | |
| 1706 | 2-bed | 1,742 sqft | AED 1.41MAED 1,408,181 · Sep 2012September 2012 | 160,000 /yr | |
| 1707 | 1-bed | 875 sqft | AED 950KAED 950,000 · Apr 2019April 2019 | 47,000 /yr | |
| 1708 | 1-bed | 844 sqft | AED 1.4MAED 1,400,000 · Jan 2015January 2015 | 80,000 /yr | |
| 1709 | 1-bed | 875 sqft | AED 875KAED 875,000 · Sep 2022September 2022 | 92,000 /yr | |
| 1710 | 2-bed | 1,742 sqft | AED 1.43MAED 1,425,000 · Dec 2022December 2022 | 90,000 /yr |
1702, Mag 218 Tower in numbers
- Sold twice: first on 13 April 2011 for AED 752,582, last on 28 December 2016 for AED 1,060,000 (AED 1,211 per sqft).
- Rented since July 2015 on 2 Ejari contracts, from AED 60,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2016 price is 4.7%, before a service charge of about AED 12,700 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 April 2021.
Questions about 1702, Mag 218 Tower
What did unit 1702 last sell for?
AED 1,060,000 on 28 December 2016: AED 1,211 per sqft for 875 sqft. The unit has 2 registered sales; the first was AED 752,582 in April 2011.
What is the rent for unit 1702?
AED 50,000 a year on the contract signed on 1 April 2021. The previous contract, from July 2015, was AED 60,000.
How big is unit 1702?
875 sqft (81.3 sqm): a one-bedroom apartment on the 17th floor of a 55-storey tower completed in 2010.
What is unit 1702 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 1702, Mag 218 Tower
Starts from the last sale price (AED 1.06M, 28 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,060,000
- Deposit, UAE resident (20%)
- AED 212,000
- Deposit, non-resident (40%)
- AED 424,000
- Monthly over 25 years at 3.7%
- AED 4,337
Plus AED 49,530 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →