2308, Mag 218 Tower
Sold prices and rental history: sold 7 times, last in March 2017, 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 2308, Mag 218 Tower
What is 2308 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 September 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 23rd of 55
- Parking
- 1B39
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 1.2M · March 2017
- Building
- Mag 218 Tower
About 2308, Mag 218 Tower
2308 is a one-bedroom apartment of 844 sqft on the 23rd floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 28 March 2017 for AED 1,196,600, or AED 1,417 per sqft, 9% above the AED 1,303 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 September 2020, is AED 50,000 a year: a gross yield of 4.2% on the 2017 price, before the service charge of about AED 12,300 a year.
Sales and rents for 2308 over time
2308 has sold 7 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 2308 sits
All 326 1-beds →2308 last sold in March 2017 at AED 1,417 per sqft, 9% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,303). 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. 2308'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 23rd floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,760 sqft | AED 1.25MAED 1,247,465 · Oct 2012October 2012 | 145,000 /yr | |
| 2302 | 1-bed | 886 sqft | AED 1MAED 1,000,000 · Jul 2023July 2023 | 56,000 /yr | |
| 2303 | 1-bed | 844 sqft | AED 425KAED 425,000 · Dec 2012December 2012 | 76,810 /yr | |
| 2304 | 1-bed | 886 sqft | AED 850KAED 850,000 · Oct 2012October 2012 | 80,000 /yr | |
| 2305 | 2-bed | 1,760 sqft | AED 1.23MAED 1,230,000 · Mar 2021March 2021 | 140,000 /yr | |
| 2306 | 2-bed | 1,760 sqft | AED 2.5MAED 2,500,000 · Oct 2023October 2023 | 140,000 /yr | |
| 2307 | 886 sqft | AED 1.6MAED 1,600,000 · Nov 2025November 2025 | 125,000 /yr | ||
| 2309 | 1-bed | 886 sqft | AED 1.77MAED 1,765,000 · Apr 2014April 2014 | 85,000 /yr | |
| 2310 | 2-bed | 1,760 sqft | AED 2.2MAED 2,200,000 · Mar 2025March 2025 | 135,000 /yr |
2308, Mag 218 Tower in numbers
- Sold 7 times: first on 9 June 2010 for AED 635,791, last on 28 March 2017 for AED 1,196,600 (AED 1,417 per sqft).
- Rented since December 2014 on 5 Ejari contracts, from AED 90,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2017 price is 4.2%, 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 September 2020.
Questions about 2308, Mag 218 Tower
What did unit 2308 last sell for?
AED 1,196,600 on 28 March 2017: AED 1,417 per sqft for 844 sqft. The unit has 7 registered sales; the first was AED 635,791 in June 2010.
What is the rent for unit 2308?
AED 50,000 a year on the contract signed on 1 September 2020. The previous contract, from August 2018, was AED 80,000; the unit has been rented since December 2014.
How big is unit 2308?
844 sqft (78.4 sqm): a one-bedroom apartment on the 23rd floor of a 55-storey tower completed in 2010.
What is unit 2308 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.
Selling 2308? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2308, Mag 218 Tower
Starts from the last sale price (AED 1.2M, 28 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,196,600
- Deposit, UAE resident (20%)
- AED 239,320
- Deposit, non-resident (40%)
- AED 478,640
- Monthly over 25 years at 3.7%
- AED 4,896
Plus AED 55,267 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →