PropertyIndex

Mag218

Completed · Q2 2010|562 units · 1 tower

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Mag218 is a completed apartment development by DREAM ESTATE LIMITED in Dubai Marina, Marsa Dubai, comprising 562 registered units. 1,423 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,328 per sqft. At AED 1,328 per sqft, Mag218 prices 48% below the Dubai Marina average of AED 2,539 per sqft on registered sales.

PIX© price · 4.3% YoY
1.61MAED
Typical
1,328AED
PSF
Gross yield
5.9%
PIX© rent ÷ PIX© price
Sale records
1,423
DLD · all time
Rent contracts
4,140
Ejari · all time
Mag218

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
844 – 1,798 sqft
5621.61M1,3284.3%95K5.9%
Residential
1 Bed · Apartment
844 – 908 sqft
333
2 Bed · Apartment
1,596 – 1,798 sqft
222
Villa (Bedrooms Unknown)
36,888 sqft
Commercial
Shop
860 – 1,738 sqft
7
Sales — Project-Wide1,423 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
14 Jul 20261 BedFloor 48641,230,0001,424+87.9%StandardStandard Sale
7 Jul 20261 BedFloor 469081,250,0001,377+11.6%StandardStandard Sale
24 Jun 20262 BedFloor 41,7232,040,0001,184+13.3%Entry LevelStandard Sale
Rentals — Project-Wide4,140 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 643 rentals
Floors 1-31 · 359 rentals
Floors 32-55 · 284 rentals
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
24 Oct 20262 Bed1,596140,00088Standardrenewal
1 Sep 20261 Bed86462,00072Entry Levelrenewal
21 Aug 20261 Bed87570,00080Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Dubai Marina

The closest-priced registered projects in Dubai Marina.

Common questions about Mag218

Answered from Dubai Land Department registered transactions.

How much does a property in Mag218 cost?

Property in Mag218 sells at a current PIX© price of AED 1,328 per sqft, or about AED 1,611,134 for a typical unit, based on 1,423 sales registered with the Dubai Land Department.

Is Mag218 completed?

Yes. Mag218 is recorded as completed in the Dubai Land Department project register (completed q2 2010).

Who is the developer of Mag218?

Mag218 is developed by DREAM ESTATE LIMITED, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Mag218?

Mag218 yields 5.9% gross, calculated from current PIX© rent against current PIX© sale price, across 4,140 registered Ejari contracts.

How many units are in Mag218?

Mag218 holds 562 registered units, per the Dubai Land Department unit register.

Have prices in Mag218 gone up or down?

Price per sqft has fallen -4.3% over the last 12 months, to AED 1,328, across 1,423 registered sales.