2503, Mag 218 Tower
Sold prices and rental history: sold once, by the developer in September 2011, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2503, Mag 218 Tower
What is 2503 worth today?
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Source: Dubai Land Department. Updated 20 October 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 25th of 55
- Parking
- 1B28
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 605K · September 2011
- Building
- Mag 218 Tower
About 2503, Mag 218 Tower
2503 is a one-bedroom apartment of 844 sqft on the 25th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. The developer sold it on 5 September 2011 for AED 605,177, or AED 717 per sqft, 10% below the AED 794 one-beds in the building were fetching at the time.
It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 20 October 2022, is AED 60,500 a year: a gross yield of 10.0% on the 2011 price, before the service charge of about AED 12,300 a year.
Sales and rents for 2503 over time
2503 has sold once; 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 2503 sits
All 326 1-beds →2503 last sold in September 2011 at AED 717 per sqft, 10% below what one-beds in Mag 218 Tower were fetching at the time (AED 794). 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. 2503's AED 60,500 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 25th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 2-bed | 1,760 sqft | AED 2.03MAED 2,029,033 · Nov 2024November 2024 | 80,000 /yr | |
| 2502 | 1-bed | 886 sqft | AED 650KAED 650,000 · Apr 2021April 2021 | 85,000 /yr | |
| 2504 | 1-bed | 886 sqft | AED 1.03MAED 1,025,000 · Nov 2016November 2016 | 85,000 /yr | |
| 2505 | 2-bed | 1,760 sqft | AED 1.6MAED 1,600,036 · Jan 2013January 2013 | 120,000 /yr | |
| 2506 | 2-bed | 1,760 sqft | AED 1.32MAED 1,319,346 · May 2011May 2011 | 112,805 /yr | |
| 2507 | 1-bed | 886 sqft | AED 890KAED 890,000 · Oct 2021October 2021 | 91,350 /yr | |
| 2508 | 1-bed | 844 sqft | AED 652KAED 652,246 · Jul 2009July 2009 | ||
| 2509 | 1-bed | 886 sqft | AED 1.2MAED 1,200,000 · Dec 2023December 2023 | 45,000 /yr | |
| 2510 | 2-bed | 1,760 sqft | AED 1.58MAED 1,575,000 · Jul 2022July 2022 |
2503, Mag 218 Tower in numbers
- Sold once: by Dream Estate on 5 September 2011 for AED 605,177, or AED 717 per sqft.
- Rented since September 2016 on 3 Ejari contracts, from AED 95,000 to AED 60,500 a year.
- At AED 60,500 a year the gross yield on the 2011 price is 10.0%, 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 20 October 2022.
Questions about 2503, Mag 218 Tower
What did unit 2503 last sell for?
AED 605,177 on 5 September 2011, sold by the developer: AED 717 per sqft for 844 sqft. It is the only registered sale of the unit.
What is the rent for unit 2503?
AED 60,500 a year on the contract renewed on 20 October 2022. The previous contract, from October 2017, was AED 77,583; the unit has been rented since September 2016.
How big is unit 2503?
844 sqft (78.4 sqm): a one-bedroom apartment on the 25th floor of a 55-storey tower completed in 2010.
What is unit 2503 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 2503, Mag 218 Tower
Starts from the last sale price (AED 605K, 5 September 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 605,177
- Deposit, UAE resident (20%)
- AED 121,035
- Deposit, non-resident (40%)
- AED 242,071
- Monthly over 25 years at 3.7%
- AED 2,476
Plus AED 30,427 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →