1-bed · 898 sqftMag 218 Tower, Dubai Marina · 31st floor · completed 2010

3109, Mag 218 Tower

Sold prices and rental history: sold twice, last in June 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3109 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 798K17 June 2013
Current rentAED 72K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3109, Mag 218 Tower

What is 3109 worth today?

Last sold for AED 797,941 in 2013

Unlock today's estimate, updated daily, with

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

1 Oct 2024RentedRenewal
AED 72,000/yr12 months · AED 81 per sqft
1 Oct 2023RentedRenewal
AED 65,000/yr12 months · AED 73 per sqft
1 Oct 2022RentedRenewal
AED 57,500/yr12 months · AED 64 per sqft
28 Mar 2020RentedNew contract
AED 60,000/yr12 months · AED 67 per sqft
1 Sep 2017RentedNew contract
AED 85,000/yr12 months · AED 95 per sqft
7 Jul 2015RentedNew contract
AED 92,751/yr12 months · AED 104 per sqft
8 Jul 2013RentedNew contract
AED 85,000/yr12 months · AED 95 per sqft
17 Jun 2013SoldReady
AED 797,941AED 888 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
898 sqft
Floor
31st of 55
Parking
3P49
Developer
Dream Estate
Completed
2010
Service charge
AED 13,100 /yr
Last sold
AED 798K · June 2013

About 3109, Mag 218 Tower

3109 is a one-bedroom apartment of 898 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 17 June 2013 for AED 797,941, or AED 888 per sqft, in line with the AED 864 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 72,000 a year: a gross yield of 9.0% on the 2013 price, before the service charge of about AED 13,100 a year.

Sales and rents for 3109 over time

Sales
Unit 3109, each saleTypical one-bed in Mag 218 Tower
1M2005201120172023Typical sale price by year: 2005 AED 721,665; 2006 AED 715,202; 2009 AED 683,640; 2010 AED 723,727; 2011 AED 704,666; 2012 AED 727,380; 2013 AED 982,500; 2014 AED 1,350,000; 2015 AED 1,217,500; 2016 AED 1,100,000; 2017 AED 1,050,000; 2018 AED 995,920; 2019 AED 860,000; 2020 AED 740,000; 2021 AED 779,500; 2022 AED 900,000; 2023 AED 1,000,000; 2024 AED 1,135,000; 2025 AED 1,170,000; 2026 AED 1,260,000Sold by developer, July 2009: AED 797,941 (AED 888 per sqft)Sold, June 2013: AED 797,941 (AED 888 per sqft)

3109 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3109, each contractTypical one-bed in Mag 218 Tower
60K80K100K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 78,750; 2014 AED 85,000; 2015 AED 92,751; 2016 AED 90,000; 2017 AED 85,000; 2018 AED 78,000; 2019 AED 70,000; 2020 AED 55,500; 2021 AED 52,000; 2022 AED 62,050; 2023 AED 70,350; 2024 AED 81,450; 2025 AED 84,000; 2026 AED 85,000New contract, July 2013: AED 85,000 a yearNew contract, July 2015: AED 92,751 a yearNew contract, September 2017: AED 85,000 a yearNew contract, March 2020: AED 60,000 a yearRenewal, October 2022: AED 57,500 a yearRenewal, October 2023: AED 65,000 a yearRenewal, October 2024: AED 72,000 a year

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 3109 sits

All 326 1-beds →

3109 last sold in June 2013 at AED 888 per sqft, in line with what one-beds in Mag 218 Tower were fetching at the time (AED 864). 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. 3109's AED 72,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Feb 20261,190,000
4 Feb 20261,260,000
2 Feb 20261,270,000
23 Dec 20251,120,000
8 1-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
31062-bedAED 2.1M · Apr 2016
31071-bedAED 1.26M · Feb 2026
1–7 of 9

3109, Mag 218 Tower in numbers

  • Sold twice: first on 6 July 2009 for AED 797,941, last on 17 June 2013 for AED 797,941 (AED 888 per sqft).
  • Rented since July 2013 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 57,500 in 2022 and recovered to AED 72,000 by October 2024.
  • At AED 72,000 a year the gross yield on the 2013 price is 9.0%, before a service charge of about AED 13,100 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 October 2024.

Questions about 3109, Mag 218 Tower

What did unit 3109 last sell for?

AED 797,941 on 17 June 2013: AED 888 per sqft for 898 sqft. The unit has 2 registered sales; the first was AED 797,941 in July 2009.

What is the rent for unit 3109?

AED 72,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 65,000; the unit has been rented since July 2013.

How big is unit 3109?

898 sqft (83.4 sqm): a one-bedroom apartment on the 31st floor of a 55-storey tower completed in 2010.

What is unit 3109 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 3109? 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 3109, Mag 218 Tower

Starts from the last sale price (AED 798K, 17 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 797,941
Deposit, UAE resident (20%)
AED 159,588
Deposit, non-resident (40%)
AED 319,176
Monthly over 25 years at 3.7%
AED 3,265

Plus AED 38,524 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →