1,779 sqftMag 218 Tower, Dubai Marina · 37th floor · completed 2010

3710, Mag 218 Tower

Sold prices and rental history: sold once, by the developer in May 2011, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3710 · DLD and Ejari recordsUpdated 30 June 2014
Last soldAED 1.44M12 May 2011
Current rentAED 121K /yr30 June 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3710, Mag 218 Tower

What is 3710 worth today?

Last sold for AED 1,441,055 in 2011

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30 Jun 2014RentedNew contract
AED 121,000/yr12 months · AED 68 per sqft
1 Jun 2013RentedNew contract
AED 101,538/yr13 months · AED 57 per sqft
12 May 2011Sold by developerReady
AED 1,441,055AED 810 per sqft

Source: Dubai Land Department. Updated 30 June 2014.

Key facts

Type
Apartment
Size
1,779 sqft
Floor
37th of 55
Parking
3P14
Developer
Dream Estate
Completed
2010
Service charge
AED 25,900 /yr
Last sold
AED 1.44M · May 2011

About 3710, Mag 218 Tower

3710 is an apartment of 1,779 sqft on the 37th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. The developer sold it on 12 May 2011 for AED 1,441,055, or AED 810 per sqft.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 30 June 2014, is AED 121,000 a year: a gross yield of 8.4% on the 2011 price, before the service charge of about AED 25,900 a year.

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 37th floor

All 550 units in Mag 218 Tower
Value
37012-bedAED 2.2M · Apr 2025
37021-bedAED 1.29M · Jul 2024
37031-bedAED 730K · Feb 2011
37041-bedAED 1.3M · Jul 2025
37052-bedAED 1.44M · Jul 2013
37062-bedAED 2.05M · Nov 2023
37071-bedAED 1.3M · Apr 2017
1–7 of 9

3710, Mag 218 Tower in numbers

  • Sold once: by Dream Estate on 12 May 2011 for AED 1,441,055, or AED 810 per sqft.
  • Rented since June 2013 on 2 Ejari contracts, from AED 101,538 to AED 121,000 a year.
  • At AED 121,000 a year the gross yield on the 2011 price is 8.4%, before a service charge of about AED 25,900 a year (AED 14.54 per sqft).

Source: Dubai Land Department. Updated 30 June 2014.

Questions about 3710, Mag 218 Tower

What did unit 3710 last sell for?

AED 1,441,055 on 12 May 2011, sold by the developer: AED 810 per sqft for 1,779 sqft. It is the only registered sale of the unit.

What is the rent for unit 3710?

AED 121,000 a year on the contract signed on 30 June 2014. The previous contract, from June 2013, was AED 101,538.

How big is unit 3710?

1,779 sqft (165.3 sqm): an apartment on the 37th floor of a 55-storey tower completed in 2010.

What is unit 3710 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 3710, Mag 218 Tower

Starts from the last sale price (AED 1.44M, 12 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,441,055
Deposit, UAE resident (20%)
AED 288,211
Deposit, non-resident (40%)
AED 576,422
Monthly over 25 years at 3.7%
AED 5,896

Plus AED 65,534 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →