1-bed · 864 sqftMag 218 Tower, Dubai Marina · 8th floor · completed 2010

809, Mag 218 Tower

Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 809 · DLD and Ejari recordsUpdated 20 July 2024
Last soldAED 661K6 July 2009
Current rentAED 55K /yr20 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 809, Mag 218 Tower

What is 809 worth today?

Last sold for AED 661,166 in 2009

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20 Jul 2024RentedRenewal
AED 55,000/yr12 months · AED 64 per sqft
20 Jul 2020RentedRenewal
AED 45,000/yr12 months · AED 52 per sqft
20 Jul 2019RentedNew contract
AED 58,000/yr12 months · AED 67 per sqft
1 Apr 2017RentedRenewal
AED 83,000/yr12 months · AED 96 per sqft
1 Apr 2016RentedRenewal
AED 85,000/yr12 months · AED 99 per sqft
6 Jul 2009Sold by developerOff-plan
AED 661,166AED 765 per sqft

Source: Dubai Land Department. Updated 20 July 2024.

Key facts

Type
1-bed apartment
Size
864 sqft
Floor
8th of 55
Parking
3B39
Developer
Dream Estate
Completed
2010
Service charge
AED 12,600 /yr
Last sold
AED 661K · July 2009

About 809, Mag 218 Tower

809 is a one-bedroom apartment of 864 sqft on the 8th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. The developer sold it on 6 July 2009 for AED 661,166, or AED 765 per sqft, 3% below the AED 790 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 20 July 2024, is AED 55,000 a year: a gross yield of 8.3% on the 2009 price, before the service charge of about AED 12,600 a year.

Sales and rents for 809 over time

Sales
Unit 809, 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 661,166 (AED 765 per sqft)

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

Rents
Unit 809, each contractTypical one-bed in Mag 218 Tower
50K75K100K2012201620202024Typical 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 85,000Renewal, April 2016: AED 85,000 a yearRenewal, April 2017: AED 83,000 a yearNew contract, July 2019: AED 58,000 a yearRenewal, July 2020: AED 45,000 a yearRenewal, July 2024: AED 55,000 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 809 sits

All 326 1-beds →

809 last sold in July 2009 at AED 765 per sqft, 3% below what one-beds in Mag 218 Tower were fetching at the time (AED 790). 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. 809's AED 55,000 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 8th floor

All 550 units in Mag 218 Tower
Value
8012-bedAED 1.22M · May 2012
8021-bedAED 720K · Dec 2011
8031-bedAED 1.3M · Feb 2014
8041-bedAED 661K · Sep 2012
8052-bedAED 1.5M · Jan 2010
8062-bedAED 1.4M · Jun 2012
8071-bedAED 719K · Apr 2025
1–7 of 9

809, Mag 218 Tower in numbers

  • Sold once: by Dream Estate on 6 July 2009 for AED 661,166, or AED 765 per sqft.
  • Rented since April 2016 on 5 Ejari contracts. The rent fell from AED 85,000 to AED 45,000 in 2020 and recovered to AED 55,000 by July 2024.
  • At AED 55,000 a year the gross yield on the 2009 price is 8.3%, before a service charge of about AED 12,600 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 20 July 2024.

Questions about 809, Mag 218 Tower

What did unit 809 last sell for?

AED 661,166 on 6 July 2009, sold by the developer: AED 765 per sqft for 864 sqft. It is the only registered sale of the unit.

What is the rent for unit 809?

AED 55,000 a year on the contract renewed on 20 July 2024. The previous contract, from July 2020, was AED 45,000; the unit has been rented since April 2016.

How big is unit 809?

864 sqft (80.3 sqm): a one-bedroom apartment on the 8th floor of a 55-storey tower completed in 2010.

What is unit 809 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 809, Mag 218 Tower

Starts from the last sale price (AED 661K, 6 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 661,166
Deposit, UAE resident (20%)
AED 132,233
Deposit, non-resident (40%)
AED 264,466
Monthly over 25 years at 3.7%
AED 2,705

Plus AED 32,779 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →