305, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in June 2023, 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 305, Mag 218 Tower
What is 305 worth today?
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Source: Dubai Land Department. Updated 1 January 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,723 sqft
- Floor
- 3rd of 55
- Parking
- 2B37
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,100 /yr
- Last sold
- AED 1.67M · June 2023
- Building
- Mag 218 Tower
About 305, Mag 218 Tower
305 is a two-bedroom apartment of 1,723 sqft on the 3rd floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 16 June 2023 for AED 1,670,000, or AED 969 per sqft, 4% above the AED 929 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 1 January 2024, is AED 97,936 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 25,100 a year.
Sales and rents for 305 over time
305 has sold 4 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mag 218 Tower, and where 305 sits
All 218 2-beds →305 last sold in June 2023 at AED 969 per sqft, 4% above what two-beds in Mag 218 Tower were fetching at the time (AED 929). Over the last 12 months two-beds sold for AED 2,000,000 to 2,430,000, around AED 1,263 per sqft, and rent for AED 118,000 to 155,000 a year. 305's AED 97,936 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jan 202614 January 2026 | 1,779 sqft | 2,430,000 | 1,365 | ||
| 6 Jan 20266 January 2026 | 1,723 sqft | 2,000,000 | 1,160 | ||
| 21 Jul 202521 July 2025 | 1,742 sqft | 2,350,000 | 1,348 | ||
| 26 Jun 202526 June 2025 | 1,742 sqft | 2,280,000 | 1,308 |
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 3rd floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1,723 sqft | AED 2.5MAED 2,500,000 · Aug 2025August 2025 | 105,000 /yr | ||
| 302 | 1-bed | 864 sqft | AED 900KAED 900,000 · Aug 2015August 2015 | 73,000 /yr | |
| 303 | 1-bed | 844 sqft | AED 900KAED 900,000 · Aug 2015August 2015 | 95,000 /yr | |
| 304 | 1-bed | 864 sqft | AED 735KAED 735,000 · Jan 2011January 2011 | ||
| 306 | 2-bed | 1,723 sqft | AED 1.94MAED 1,935,000 · Nov 2023November 2023 | 110,000 /yr | |
| 307 | 1-bed | 864 sqft | AED 750KAED 750,000 · Feb 2012February 2012 | 80,000 /yr | |
| 308 | 1-bed | 844 sqft | AED 1.25MAED 1,250,000 · May 2017May 2017 | 85,000 /yr | |
| 309 | 1-bed | 864 sqft | AED 950KAED 950,000 · Jan 2010January 2010 | 160,000 /yr | |
| 310 | 2-bed | 1,723 sqft | AED 1.67MAED 1,670,000 · Mar 2024March 2024 | 117,444 /yr |
305, Mag 218 Tower in numbers
- Sold 4 times: first on 14 June 2012 for AED 1,720,000, last on 16 June 2023 for AED 1,670,000 (AED 969 per sqft).
- Rented since March 2014 on 6 Ejari contracts. The rent fell from AED 140,000 to AED 42,000 in 2020 and recovered to AED 97,936 by January 2024.
- At AED 97,936 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 25,100 a year (AED 14.54 per sqft).
- Two-beds in Mag 218 Tower sold for AED 2,000,000–2,430,000 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 January 2024.
Questions about 305, Mag 218 Tower
What did unit 305 last sell for?
AED 1,670,000 on 16 June 2023: AED 969 per sqft for 1,723 sqft. The unit has 4 registered sales; the first was AED 1,720,000 in June 2012.
What is the rent for unit 305?
AED 97,936 a year on the contract signed on 1 January 2024. The previous contract, from June 2023, was AED 97,714; the unit has been rented since March 2014.
How big is unit 305?
1,723 sqft (160.1 sqm): a two-bedroom apartment on the 3rd floor of a 55-storey tower completed in 2010.
What is unit 305 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mag 218 Tower sold for AED 2,000,000 to 2,430,000 in the last 12 months, around AED 1,263 per sqft.
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Mortgage on 305, Mag 218 Tower
Starts from the last sale price (AED 1.67M, 16 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,670,000
- Deposit, UAE resident (20%)
- AED 334,000
- Deposit, non-resident (40%)
- AED 668,000
- Monthly over 25 years at 3.7%
- AED 6,832
Plus AED 75,150 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →