2-bed · 1,779 sqftMag 218 Tower, Dubai Marina · 31st floor · completed 2010

3106, Mag 218 Tower

Sold prices and rental history: sold 5 times, last in April 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3106 · DLD and Ejari recordsUpdated 20 July 2024
Last soldAED 2.1M20 April 2016
Current rentAED 145K /yr20 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3106, Mag 218 Tower

What is 3106 worth today?

Last sold for AED 2,100,000 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Jul 2024RentedNew contract
AED 145,000/yr12 months · AED 82 per sqft
11 Jul 2020RentedNew contract
AED 90,000/yr12 months · AED 51 per sqft
6 May 2018RentedRenewal
AED 120,000/yr24 months · AED 68 per sqft
20 Apr 2016SoldReady
AED 2,100,000AED 1,180 per sqft
29 Mar 2016SoldReady
AED 1,575,000AED 885 per sqft
15 Jul 2014RentedNew contract
AED 150,000/yr12 months · AED 84 per sqft
20 Jun 2012SoldReady
AED 850,000AED 477 per sqft
19 May 2012RentedNew contract
AED 105,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 20 July 2024.

Key facts

Type
2-bed apartment
Size
1,779 sqft
Floor
31st of 55
Parking
3P52
Developer
Dream Estate
Completed
2010
Service charge
AED 25,900 /yr
Last sold
AED 2.1M · April 2016

About 3106, Mag 218 Tower

3106 is a two-bedroom apartment of 1,779 sqft on the 31st floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 20 April 2016 for AED 2,100,000, or AED 1,180 per sqft, 11% above the AED 1,065 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 20 July 2024, is AED 145,000 a year: a gross yield of 6.9% on the 2016 price, before the service charge of about AED 25,900 a year.

Sales and rents for 3106 over time

Sales
Unit 3106, each saleTypical two-bed in Mag 218 Tower
1M2M20062011201620212026Typical sale price by year: 2006 AED 1,318,478; 2009 AED 1,437,450; 2010 AED 1,377,898; 2011 AED 1,423,264; 2012 AED 1,411,695; 2013 AED 1,675,000; 2014 AED 2,275,000; 2015 AED 1,950,000; 2016 AED 1,800,000; 2017 AED 1,840,000; 2018 AED 1,550,000; 2019 AED 1,215,000; 2020 AED 1,125,000; 2021 AED 1,215,000; 2022 AED 1,569,166; 2023 AED 1,797,500; 2024 AED 2,175,000; 2025 AED 2,200,000Sold by developer, February 2012: AED 1,681,231 (AED 945 per sqft)Sold, March 2012: AED 850,000 (AED 477 per sqft)Sold, June 2012: AED 850,000 (AED 477 per sqft)Sold, March 2016: AED 1,575,000 (AED 885 per sqft)Sold, April 2016: AED 2,100,000 (AED 1,180 per sqft)

3106 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3106, each contractTypical two-bed in Mag 218 Tower
100K150K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 135,000; 2015 AED 137,755; 2016 AED 135,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 105,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 96,923; 2023 AED 105,000; 2024 AED 128,000; 2025 AED 130,000; 2026 AED 138,462New contract, May 2012: AED 105,000 a yearNew contract, July 2014: AED 150,000 a yearRenewal, May 2018: AED 120,000 a yearNew contract, July 2020: AED 90,000 a yearNew contract, July 2024: AED 145,000 a year

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 3106 sits

All 218 2-beds →

3106 last sold in April 2016 at AED 1,180 per sqft, 11% above what two-beds in Mag 218 Tower were fetching at the time (AED 1,065). 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. 3106's AED 145,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jan 20262,430,000
6 Jan 20262,000,000
21 Jul 20252,350,000
26 Jun 20252,280,000
2 2-bed sales in the last 12 months

Mag 218 Tower

Building

550 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%
Mag 218 Tower, Dubai Marina: prices, sales and rents →

Other units on the 31st floor

All 550 units in Mag 218 Tower
Value
31012-bedAED 1.85M · Nov 2015
31021-bedAED 798K · May 2011
31031-bedAED 750K · Jan 2012
31041-bedAED 746K · Sep 2011
31052-bedAED 1.72M · Sep 2022
31071-bedAED 1.26M · Feb 2026
31081-bedAED 1.3M · Aug 2013
1–7 of 9

3106, Mag 218 Tower in numbers

  • Sold 5 times: first on 29 February 2012 for AED 1,681,231, last on 20 April 2016 for AED 2,100,000 (AED 1,180 per sqft).
  • Rented since May 2012 on 5 Ejari contracts. The rent fell from AED 105,000 to AED 90,000 in 2020 and recovered to AED 145,000 by July 2024.
  • At AED 145,000 a year the gross yield on the 2016 price is 6.9%, before a service charge of about AED 25,900 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 20 July 2024.

Questions about 3106, Mag 218 Tower

What did unit 3106 last sell for?

AED 2,100,000 on 20 April 2016: AED 1,180 per sqft for 1,779 sqft. The unit has 5 registered sales; the first was AED 1,681,231 in February 2012.

What is the rent for unit 3106?

AED 145,000 a year on the contract signed on 20 July 2024. The previous contract, from July 2020, was AED 90,000; the unit has been rented since May 2012.

How big is unit 3106?

1,779 sqft (165.3 sqm): a two-bedroom apartment on the 31st floor of a 55-storey tower completed in 2010.

What is unit 3106 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.

Selling 3106? 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.

How OpenOffers works

Mortgage on 3106, Mag 218 Tower

Starts from the last sale price (AED 2.1M, 20 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →