1902, Mag 218 Tower
Sold prices and rental history: sold twice, last in August 2011, 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 1902, Mag 218 Tower
What is 1902 worth today?
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Source: Dubai Land Department. Updated 4 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 875 sqft
- Floor
- 19th of 55
- Parking
- 2B34
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,700 /yr
- Last sold
- AED 718K · August 2011
- Building
- Mag 218 Tower
About 1902, Mag 218 Tower
1902 is a one-bedroom apartment of 875 sqft on the 19th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 25 August 2011 for AED 718,382, or AED 821 per sqft, 4% above the AED 792 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 4 October 2024, is AED 78,000 a year: a gross yield of 10.9% on the 2011 price, before the service charge of about AED 12,700 a year.
Sales and rents for 1902 over time
1902 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 1902 sits
All 326 1-beds →1902 last sold in August 2011 at AED 821 per sqft, 4% above what one-beds in Mag 218 Tower were fetching at the time (AED 792). 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. 1902's AED 78,000 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 19th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1901 | 2-bed | 1,742 sqft | AED 1.9MAED 1,900,000 · Feb 2015February 2015 | 90,000 /yr | |
| 1903 | 1-bed | 844 sqft | AED 970KAED 970,000 · Sep 2013September 2013 | 70,000 /yr | |
| 1904 | 1-bed | 875 sqft | AED 900KAED 900,000 · Mar 2018March 2018 | 85,000 /yr | |
| 1905 | 2-bed | 1,742 sqft | AED 1.2MAED 1,200,000 · Jul 2011July 2011 | 148,500 /yr | |
| 1906 | 2-bed | 1,742 sqft | AED 1.3MAED 1,300,000 · Aug 2011August 2011 | ||
| 1907 | 1-bed | 875 sqft | AED 681KAED 680,572 · Jun 2011June 2011 | 90,000 /yr | |
| 1908 | 1-bed | 844 sqft | AED 787KAED 787,200 · Jun 2010June 2010 | 50,000 /yr | |
| 1909 | 1-bed | 875 sqft | AED 850KAED 850,000 · Jun 2022June 2022 | 90,000 /yr | |
| 1910 | 2-bed | 1,742 sqft | AED 2.2MAED 2,200,000 · Jul 2024July 2024 | 110,000 /yr |
1902, Mag 218 Tower in numbers
- Sold twice: first on 6 September 2009 for AED 718,382, last on 25 August 2011 for AED 718,382 (AED 821 per sqft).
- Rented since November 2014 on 4 Ejari contracts. The rent fell from AED 95,000 to AED 50,000 in 2020 and recovered to AED 78,000 by October 2024.
- At AED 78,000 a year the gross yield on the 2011 price is 10.9%, 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 4 October 2024.
Questions about 1902, Mag 218 Tower
What did unit 1902 last sell for?
AED 718,382 on 25 August 2011: AED 821 per sqft for 875 sqft. The unit has 2 registered sales; the first was AED 718,382 in September 2009.
What is the rent for unit 1902?
AED 78,000 a year on the contract signed on 4 October 2024. The previous contract, from September 2020, was AED 50,000; the unit has been rented since November 2014.
How big is unit 1902?
875 sqft (81.3 sqm): a one-bedroom apartment on the 19th floor of a 55-storey tower completed in 2010.
What is unit 1902 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 1902, Mag 218 Tower
Starts from the last sale price (AED 718K, 25 August 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 718,382
- Deposit, UAE resident (20%)
- AED 143,676
- Deposit, non-resident (40%)
- AED 287,353
- Monthly over 25 years at 3.7%
- AED 2,939
Plus AED 35,182 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →