2008, Mag 218 Tower
Sold prices and rental history: sold twice, last in November 2017, 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 2008, Mag 218 Tower
What is 2008 worth today?
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Source: Dubai Land Department. Updated 16 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 20th of 55
- Parking
- 2B13
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 1M · November 2017
- Building
- Mag 218 Tower
About 2008, Mag 218 Tower
2008 is a one-bedroom apartment of 844 sqft on the 20th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 15 November 2017 for AED 1,000,000, or AED 1,184 per sqft, 4% below the AED 1,233 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 16 April 2024, is AED 65,000 a year: a gross yield of 6.5% on the 2017 price, before the service charge of about AED 12,300 a year.
Sales and rents for 2008 over time
2008 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 2008 sits
All 326 1-beds →2008 last sold in November 2017 at AED 1,184 per sqft, 4% below what one-beds in Mag 218 Tower were fetching at the time (AED 1,233). 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. 2008's AED 65,000 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 20th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,742 sqft | AED 1.6MAED 1,600,000 · Apr 2019April 2019 | 145,000 /yr | |
| 2002 | 1-bed | 875 sqft | AED 689KAED 689,088 · Aug 2013August 2013 | 72,000 /yr | |
| 2003 | 1-bed | 844 sqft | AED 720KAED 720,000 · Apr 2012April 2012 | 85,000 /yr | |
| 2004 | 1-bed | 875 sqft | AED 1MAED 1,000,000 · May 2022May 2022 | 60,000 /yr | |
| 2005 | 2-bed | 1,742 sqft | AED 1.2MAED 1,200,000 · Jun 2022June 2022 | ||
| 2006 | 2-bed | 1,742 sqft | AED 1.29MAED 1,289,397 · Mar 2011March 2011 | 107,525 /yr | |
| 2007 | 875 sqft | AED 1.23MAED 1,227,500 · Nov 2025November 2025 | 86,000 /yr | ||
| 2009 | 1-bed | 875 sqft | AED 1.19MAED 1,185,000 · Jul 2024July 2024 | 88,000 /yr | |
| 2010 | 2-bed | 1,742 sqft | AED 1.18MAED 1,180,000 · Oct 2020October 2020 |
2008, Mag 218 Tower in numbers
- Sold twice: first on 24 January 2011 for AED 631,282, last on 15 November 2017 for AED 1,000,000 (AED 1,184 per sqft).
- Rented since August 2013 on 5 Ejari contracts, from AED 67,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2017 price is 6.5%, 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 16 April 2024.
Questions about 2008, Mag 218 Tower
What did unit 2008 last sell for?
AED 1,000,000 on 15 November 2017: AED 1,184 per sqft for 844 sqft. The unit has 2 registered sales; the first was AED 631,282 in January 2011.
What is the rent for unit 2008?
AED 65,000 a year on the contract renewed on 16 April 2024. The previous contract, from April 2020, was AED 70,000; the unit has been rented since August 2013.
How big is unit 2008?
844 sqft (78.4 sqm): a one-bedroom apartment on the 20th floor of a 55-storey tower completed in 2010.
What is unit 2008 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 2008, Mag 218 Tower
Starts from the last sale price (AED 1M, 15 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →