1-bed · 844 sqftMag 218 Tower, Dubai Marina · 18th floor · completed 2010

1808, Mag 218 Tower

Sold prices and rental history: sold twice, last in January 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1808 · DLD and Ejari recordsUpdated 10 January 2025
Last soldAED 661K24 January 2011
Current rentAED 92K /yr10 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1808, Mag 218 Tower

What is 1808 worth today?

Last sold for AED 661,343 in 2011

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10 Jan 2025RentedNew contract
AED 92,000/yr12 months · AED 110 per sqft
10 Mar 2022RentedNew contract
AED 75,000/yr12 months · AED 89 per sqft
15 Mar 2021RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
20 Dec 2019RentedRenewal
AED 80,000/yr12 months · AED 95 per sqft
20 Dec 2018RentedNew contract
AED 80,000/yr12 months · AED 95 per sqft
20 Nov 2017RentedNew contract
AED 90,000/yr12 months · AED 107 per sqft
1 Sep 2015RentedNew contract
AED 74,000/yr12 months · AED 88 per sqft
1 Sep 2012RentedNew contract
AED 65,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 10 January 2025.

Key facts

Type
1-bed apartment
Size
844 sqft
Floor
18th of 55
Parking
2B24
Developer
Dream Estate
Completed
2010
Service charge
AED 12,300 /yr
Last sold
AED 661K · January 2011

About 1808, Mag 218 Tower

1808 is a one-bedroom apartment of 844 sqft on the 18th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 24 January 2011 for AED 661,343, or AED 783 per sqft, in line with the AED 800 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 10 January 2025, is AED 92,000 a year: a gross yield of 13.9% on the 2011 price, before the service charge of about AED 12,300 a year.

Sales and rents for 1808 over time

Sales
Unit 1808, each saleTypical one-bed in Mag 218 Tower
1M2005201120172023Typical 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, July 2009: AED 661,343 (AED 783 per sqft)Sold, January 2011: AED 661,343 (AED 783 per sqft)

1808 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1808, each contractTypical one-bed in Mag 218 Tower
60K80K100K2012201620202024Typical 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 2012: AED 65,000 a yearNew contract, September 2015: AED 74,000 a yearNew contract, November 2017: AED 90,000 a yearNew contract, December 2018: AED 80,000 a yearRenewal, December 2019: AED 80,000 a yearNew contract, March 2021: AED 60,000 a yearNew contract, March 2022: AED 75,000 a yearNew contract, January 2025: AED 92,000 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 1808 sits

All 326 1-beds →

1808 last sold in January 2011 at AED 783 per sqft, in line with what one-beds in Mag 218 Tower were fetching at the time (AED 800). 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. 1808's AED 92,000 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 18th floor

All 550 units in Mag 218 Tower
Value
18012-bedAED 1.1M · Jan 2011
18021-bedAED 820K · Feb 2023
18031-bedAED 661K · May 2011
18041-bedAED 686K · May 2011
18052-bedAED 1.98M · May 2024
18062-bedAED 1.28M · Aug 2013
18071-bedAED 1.3M · Oct 2014
1–7 of 9

1808, Mag 218 Tower in numbers

  • Sold twice: first on 6 July 2009 for AED 661,343, last on 24 January 2011 for AED 661,343 (AED 783 per sqft).
  • Rented since September 2012 on 8 Ejari contracts, from AED 65,000 to AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2011 price is 13.9%, 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 10 January 2025.

Questions about 1808, Mag 218 Tower

What did unit 1808 last sell for?

AED 661,343 on 24 January 2011: AED 783 per sqft for 844 sqft. The unit has 2 registered sales; the first was AED 661,343 in July 2009.

What is the rent for unit 1808?

AED 92,000 a year on the contract signed on 10 January 2025. The previous contract, from March 2022, was AED 75,000; the unit has been rented since September 2012.

How big is unit 1808?

844 sqft (78.4 sqm): a one-bedroom apartment on the 18th floor of a 55-storey tower completed in 2010.

What is unit 1808 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 1808, Mag 218 Tower

Starts from the last sale price (AED 661K, 24 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 661,343
Deposit, UAE resident (20%)
AED 132,269
Deposit, non-resident (40%)
AED 264,537
Monthly over 25 years at 3.7%
AED 2,706

Plus AED 32,787 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →