1-bed · 898 sqftMag 218 Tower, Dubai Marina · 33rd floor · completed 2010

3302, Mag 218 Tower

Sold prices and rental history: sold 3 times, last in September 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3302 · DLD and Ejari recordsUpdated 7 December 2021
Last soldAED 750K27 September 2020
Current rentAED 48K /yr7 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3302, Mag 218 Tower

What is 3302 worth today?

Last sold for AED 750,000 in 2020

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7 Dec 2021RentedRenewal
AED 47,999/yr11 months · AED 53 per sqft
7 Dec 2020RentedNew contract
AED 48,000/yr12 months · AED 53 per sqft
27 Sep 2020SoldReady
AED 750,000AED 835 per sqft
12 Apr 2018RentedNew contract
AED 70,000/yr12 months · AED 78 per sqft
8 Dec 2016RentedNew contract
AED 85,000/yr12 months · AED 95 per sqft
6 Jan 2016SoldReady
AED 1,200,000AED 1,336 per sqft
16 Jun 2015RentedNew contract
AED 110,000/yr12 months · AED 123 per sqft
22 Apr 2013RentedNew contract
AED 80,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 7 December 2021.

Key facts

Type
1-bed apartment
Size
898 sqft
Floor
33rd of 55
Parking
3P75
Developer
Dream Estate
Completed
2010
Service charge
AED 13,100 /yr
Last sold
AED 750K · September 2020

About 3302, Mag 218 Tower

3302 is a one-bedroom apartment of 898 sqft on the 33rd floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 27 September 2020 for AED 750,000, or AED 835 per sqft, in line with the AED 835 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 7 December 2021, is AED 47,999 a year: a gross yield of 6.4% on the 2020 price, before the service charge of about AED 13,100 a year.

Sales and rents for 3302 over time

Sales
Unit 3302, 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, February 2012: AED 727,380 (AED 809 per sqft)Sold, January 2016: AED 1,200,000 (AED 1,336 per sqft)Sold, September 2020: AED 750,000 (AED 835 per sqft)

3302 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3302, each contractTypical one-bed in Mag 218 Tower
50K100K2012201620202024Typical 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, April 2013: AED 80,000 a yearNew contract, June 2015: AED 110,000 a yearNew contract, December 2016: AED 85,000 a yearNew contract, April 2018: AED 70,000 a yearNew contract, December 2020: AED 48,000 a yearRenewal, December 2021: AED 47,999 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 3302 sits

All 326 1-beds →

3302 last sold in September 2020 at AED 835 per sqft, in line with what one-beds in Mag 218 Tower were fetching at the time (AED 835). 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. 3302's AED 47,999 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 33rd floor

All 550 units in Mag 218 Tower
Value
33012-bedAED 2.15M · Jul 2013
33031-bedAED 1.24M · Aug 2015
33041-bedAED 1.05M · May 2024
33052-bedAED 1M · Nov 2011
3306AED 1.98M · Mar 2023
33071-bedAED 1.15M · May 2024
33081-bedAED 1.08M · Dec 2022
1–7 of 9

3302, Mag 218 Tower in numbers

  • Sold 3 times: first on 27 February 2012 for AED 727,380, last on 27 September 2020 for AED 750,000 (AED 835 per sqft).
  • Rented since April 2013 on 6 Ejari contracts, from AED 80,000 to AED 47,999 a year.
  • At AED 47,999 a year the gross yield on the 2020 price is 6.4%, 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 7 December 2021.

Questions about 3302, Mag 218 Tower

What did unit 3302 last sell for?

AED 750,000 on 27 September 2020: AED 835 per sqft for 898 sqft. The unit has 3 registered sales; the first was AED 727,380 in February 2012.

What is the rent for unit 3302?

AED 47,999 a year on the contract renewed on 7 December 2021. The previous contract, from December 2020, was AED 48,000; the unit has been rented since April 2013.

How big is unit 3302?

898 sqft (83.4 sqm): a one-bedroom apartment on the 33rd floor of a 55-storey tower completed in 2010.

What is unit 3302 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 3302, Mag 218 Tower

Starts from the last sale price (AED 750K, 27 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

Plus AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →