803, Mag 218 Tower
Sold prices and rental history: sold twice, last in February 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 803, Mag 218 Tower
What is 803 worth today?
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Source: Dubai Land Department. Updated 17 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 8th of 55
- Parking
- 3B41
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 1.3M · February 2014
- Building
- Mag 218 Tower
About 803, Mag 218 Tower
803 is a one-bedroom apartment of 844 sqft on the 8th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 18 February 2014 for AED 1,300,000, or AED 1,540 per sqft, 32% above the AED 1,169 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 17 April 2023, is AED 75,000 a year: a gross yield of 5.8% on the 2014 price, before the service charge of about AED 12,300 a year.
Sales and rents for 803 over time
803 has sold twice; the dashed line is the one-bed median of each year in the building.
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 803 sits
All 326 1-beds →803 last sold in February 2014 at AED 1,540 per sqft, 32% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,169). 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. 803's AED 75,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 886 sqft | 1,190,000 | 1,343 | ||
| 4 Feb 20264 February 2026 | 898 sqft | 1,260,000 | 1,403 | ||
| 2 Feb 20262 February 2026 | 844 sqft | 1,270,000 | 1,504 | ||
| 23 Dec 202523 December 2025 | 875 sqft | 1,120,000 | 1,279 |
Mag 218 Tower
Building550 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%
Other units on the 8th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 2-bed | 1,723 sqft | AED 1.22MAED 1,220,000 · May 2012May 2012 | ||
| 802 | 1-bed | 864 sqft | AED 720KAED 720,000 · Dec 2011December 2011 | 80,000 /yr | |
| 804 | 1-bed | 864 sqft | AED 661KAED 661,166 · Sep 2012September 2012 | 60,000 /yr | |
| 805 | 2-bed | 1,723 sqft | AED 1.5MAED 1,499,269 · Jan 2010January 2010 | 113,850 /yr | |
| 806 | 2-bed | 1,723 sqft | AED 1.4MAED 1,400,000 · Jun 2012June 2012 | 48,000 /yr | |
| 807 | 1-bed | 864 sqft | AED 719KAED 719,255 · Apr 2025April 2025 | 85,000 /yr | |
| 808 | 1-bed | 844 sqft | AED 1MAED 1,000,000 · Nov 2019November 2019 | 82,000 /yr | |
| 809 | 1-bed | 864 sqft | AED 661KAED 661,166 · Jul 2009July 2009 | 55,000 /yr | |
| 810 | 2-bed | 862 sqft | AED 717KAED 717,000 · Jun 2023June 2023 | 118,000 /yr |
803, Mag 218 Tower in numbers
- Sold twice: first on 8 February 2011 for AED 322,761, last on 18 February 2014 for AED 1,300,000 (AED 1,540 per sqft).
- Rented since November 2017 on 4 Ejari contracts. The rent fell from AED 85,000 to AED 49,980 in 2021 and recovered to AED 75,000 by April 2023.
- At AED 75,000 a year the gross yield on the 2014 price is 5.8%, before a service charge of about AED 12,300 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 17 April 2023.
Questions about 803, Mag 218 Tower
What did unit 803 last sell for?
AED 1,300,000 on 18 February 2014: AED 1,540 per sqft for 844 sqft. The unit has 2 registered sales; the first was AED 322,761 in February 2011.
What is the rent for unit 803?
AED 75,000 a year on the contract signed on 17 April 2023. The previous contract, from April 2021, was AED 49,980; the unit has been rented since November 2017.
How big is unit 803?
844 sqft (78.4 sqm): a one-bedroom apartment on the 8th floor of a 55-storey tower completed in 2010.
What is unit 803 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 803, Mag 218 Tower
Starts from the last sale price (AED 1.3M, 18 February 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →