2902, Mag 218 Tower
Sold prices and rental history: sold twice, last in October 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2902, Mag 218 Tower
What is 2902 worth today?
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Source: Dubai Land Department. Updated 13 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 886 sqft
- Floor
- 29th of 55
- Parking
- G26
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,900 /yr
- Last sold
- AED 709K · October 2011
- Building
- Mag 218 Tower
About 2902, Mag 218 Tower
2902 is a one-bedroom apartment of 886 sqft on the 29th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 11 October 2011 for AED 708,800, or AED 800 per sqft, in line with the AED 800 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 13 May 2025, is AED 68,250 a year: a gross yield of 9.6% on the 2011 price, before the service charge of about AED 12,900 a year.
Sales and rents for 2902 over time
2902 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 2902 sits
All 326 1-beds →2902 last sold in October 2011 at AED 800 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. 2902's AED 68,250 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 29th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2901 | 2-bed | 1,760 sqft | AED 1.41MAED 1,408,064 · Oct 2011October 2011 | 127,050 /yr | |
| 2903 | 1-bed | 844 sqft | AED 675KAED 675,200 · Oct 2011October 2011 | 40,000 /yr | |
| 2904 | 1-bed | 886 sqft | AED 709KAED 708,800 · Oct 2011October 2011 | 84,000 /yr | |
| 2905 | 2-bed | 1,760 sqft | AED 1.41MAED 1,408,064 · Oct 2011October 2011 | 121,000 /yr | |
| 2906 | 2-bed | 1,760 sqft | AED 1.41MAED 1,408,064 · Oct 2011October 2011 | 140,000 /yr | |
| 2907 | 1-bed | 886 sqft | AED 709KAED 708,800 · Oct 2011October 2011 | 77,000 /yr | |
| 2908 | 1-bed | 844 sqft | AED 675KAED 675,200 · Oct 2011October 2011 | 85,000 /yr | |
| 2909 | 1-bed | 886 sqft | AED 709KAED 708,800 · Oct 2011October 2011 | 85,000 /yr | |
| 2910 | 2-bed | 1,760 sqft | AED 1.1MAED 1,100,000 · Oct 2019October 2019 | 120,000 /yr |
2902, Mag 218 Tower in numbers
- Sold twice: first on 6 July 2009 for AED 708,800, last on 11 October 2011 for AED 708,800 (AED 800 per sqft).
- Rented since October 2015 on 5 Ejari contracts. The rent fell from AED 92,000 to AED 42,000 in 2021 and recovered to AED 68,250 by May 2025.
- At AED 68,250 a year the gross yield on the 2011 price is 9.6%, before a service charge of about AED 12,900 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 13 May 2025.
Questions about 2902, Mag 218 Tower
What did unit 2902 last sell for?
AED 708,800 on 11 October 2011: AED 800 per sqft for 886 sqft. The unit has 2 registered sales; the first was AED 708,800 in July 2009.
What is the rent for unit 2902?
AED 68,250 a year on the contract renewed on 13 May 2025. The previous contract, from May 2023, was AED 65,000; the unit has been rented since October 2015.
How big is unit 2902?
886 sqft (82.3 sqm): a one-bedroom apartment on the 29th floor of a 55-storey tower completed in 2010.
What is unit 2902 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 2902, Mag 218 Tower
Starts from the last sale price (AED 709K, 11 October 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 708,800
- Deposit, UAE resident (20%)
- AED 141,760
- Deposit, non-resident (40%)
- AED 283,520
- Monthly over 25 years at 3.7%
- AED 2,900
Plus AED 34,780 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →