1-bed · 898 sqftMag 218 Tower, Dubai Marina · 38th floor · completed 2010

3804, Mag 218 Tower

Sold prices and rental history: sold twice, last in February 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3804 · DLD and Ejari recordsUpdated 12 October 2024
Last soldAED 740K9 February 2020
Current rentAED 92K /yr12 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3804, Mag 218 Tower

What is 3804 worth today?

Last sold for AED 740,000 in 2020

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12 Oct 2024RentedRenewal
AED 92,000/yr9 months · AED 102 per sqft
12 Oct 2023RentedRenewal
AED 74,000/yr12 months · AED 82 per sqft
12 Oct 2020RentedRenewal
AED 59,333/yr36 months · AED 66 per sqft
9 Feb 2020SoldReady
AED 740,000AED 824 per sqft
4 Aug 2018RentedRenewal
AED 76,000/yr12 months · AED 85 per sqft
4 Aug 2017RentedRenewal
AED 84,000/yr12 months · AED 94 per sqft
4 Aug 2016RentedNew contract
AED 80,000/yr12 months · AED 89 per sqft
5 Jun 2015RentedRenewal
AED 94,500/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 12 October 2024.

Key facts

Type
1-bed apartment
Size
898 sqft
Floor
38th of 55
Parking
3P06
Developer
Dream Estate
Completed
2010
Service charge
AED 13,100 /yr
Last sold
AED 740K · February 2020

About 3804, Mag 218 Tower

3804 is a one-bedroom apartment of 898 sqft on the 38th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 9 February 2020 for AED 740,000, or AED 824 per sqft, 19% below the AED 1,013 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 12 October 2024, is AED 92,000 a year: a gross yield of 12.4% on the 2020 price, before the service charge of about AED 13,100 a year.

Sales and rents for 3804 over time

Sales
Unit 3804, each saleTypical one-bed in Mag 218 Tower
500K1M1.5M2005201120172023Typical 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, May 2011: AED 368,591 (AED 410 per sqft)Sold, February 2020: AED 740,000 (AED 824 per sqft)

3804 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3804, 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, June 2014: AED 90,000 a yearRenewal, June 2015: AED 94,500 a yearNew contract, August 2016: AED 80,000 a yearRenewal, August 2017: AED 84,000 a yearRenewal, August 2018: AED 76,000 a yearRenewal, October 2020: AED 59,333 a yearRenewal, October 2023: AED 74,000 a yearRenewal, October 2024: AED 92,000 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 3804 sits

All 326 1-beds →

3804 last sold in February 2020 at AED 824 per sqft, 19% below what one-beds in Mag 218 Tower were fetching at the time (AED 1,013). 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. 3804's AED 92,000 is in the lower half 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 38th floor

All 550 units in Mag 218 Tower
Value
38012-bedAED 1.9M · Feb 2015
38021-bedAED 1.18M · Mar 2025
38031-bedAED 750K · Jan 2019
38052-bedAED 1.67M · Apr 2012
38062-bedAED 2.76M · May 2025
38071-bedAED 1.15M · Jul 2023
38081-bedAED 1.33M · Feb 2017
1–7 of 9

3804, Mag 218 Tower in numbers

  • Sold twice: first on 30 May 2011 for AED 368,591, last on 9 February 2020 for AED 740,000 (AED 824 per sqft).
  • Rented since June 2014 on 8 Ejari contracts. The rent fell from AED 90,000 to AED 59,333 in 2020 and recovered to AED 92,000 by October 2024.
  • At AED 92,000 a year the gross yield on the 2020 price is 12.4%, 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 12 October 2024.

Questions about 3804, Mag 218 Tower

What did unit 3804 last sell for?

AED 740,000 on 9 February 2020: AED 824 per sqft for 898 sqft. The unit has 2 registered sales; the first was AED 368,591 in May 2011.

What is the rent for unit 3804?

AED 92,000 a year on the contract renewed on 12 October 2024. The previous contract, from October 2023, was AED 74,000; the unit has been rented since June 2014.

How big is unit 3804?

898 sqft (83.4 sqm): a one-bedroom apartment on the 38th floor of a 55-storey tower completed in 2010.

What is unit 3804 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 3804, Mag 218 Tower

Starts from the last sale price (AED 740K, 9 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 740,000
Deposit, UAE resident (20%)
AED 148,000
Deposit, non-resident (40%)
AED 296,000
Monthly over 25 years at 3.7%
AED 3,028

Plus AED 36,090 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →