1001, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in February 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Mag 218 Tower
What is 1001 worth today?
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Source: Dubai Land Department. Updated 25 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,723 sqft
- Floor
- 10th of 55
- Parking
- 3B17
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,100 /yr
- Last sold
- AED 1.98M · February 2025
- Building
- Mag 218 Tower
About 1001, Mag 218 Tower
1001 is a two-bedroom apartment of 1,723 sqft on the 10th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 25 February 2025 for AED 1,980,000, or AED 1,149 per sqft, 4% below the AED 1,195 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 January 2023, is AED 65,000 a year: a gross yield of 3.3% on the 2025 price, before the service charge of about AED 25,100 a year.
Sales and rents for 1001 over time
1001 has sold 4 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Mag 218 Tower, and where 1001 sits
All 222 2-beds →1001 last sold in February 2025 at AED 1,149 per sqft, 4% below what two-beds in Mag 218 Tower were fetching at the time (AED 1,195). Over the last 12 months two-beds sold for AED 1,600,000 to 2,500,000, around AED 1,273 per sqft, and rent for AED 70,000 to 275,000 a year. 1001's AED 65,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 1,723 sqft | 1,600,000 | 928 | ||
| 25 Sep 202625 September 2026 | 1,798 sqft | 2,100,000 | 1,167 | ||
| 24 Jun 202624 June 2026 | 1,723 sqft | 2,040,000 | 1,183 | ||
| 19 May 202619 May 2026 | 1,798 sqft | 2,450,000 | 1,362 |
Mag 218 Tower
Building550 apartments, 1-bed to 2-bed over 55 floors in Dubai Marina, completed in 2010 by Dream Estate. 27 sold in the last 12 months.
- Typical price per sqft
- AED 1,362 Up 4.0%
- Typical sale
- AED 1.26M
- Typical rent
- AED 87K /yr
- Typical yield
- 6.3%
Other units on the 10th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 1-bed | 864 sqft | AED 970KAED 970,000 · Jul 2024July 2024 | 82,000 /yr | |
| 1003 | 1-bed | 844 sqft | AED 649KAED 648,686 · Dec 2012December 2012 | 68,200 /yr | |
| 1004 | 1-bed | 864 sqft | AED 700KAED 700,000 · Nov 2021November 2021 | 95,000 /yr | |
| 1005 | 2-bed | 1,723 sqft | AED 1.44MAED 1,438,000 · Jul 2023July 2023 | 139,251 /yr | |
| 1006 | 2-bed | 1,723 sqft | AED 2.3MAED 2,300,000 · Sep 2024September 2024 | 100,000 /yr | |
| 1007 | 1-bed | 864 sqft | AED 664KAED 664,407 · Dec 2012December 2012 | 85,000 /yr | |
| 1008 | 1-bed | 844 sqft | AED 1.35MAED 1,350,000 · Dec 2015December 2015 | 70,000 /yr | |
| 1009 | 1-bed | 864 sqft | AED 1.3MAED 1,300,000 · Dec 2013December 2013 | 77,569 /yr | |
| 1010 | 2-bed | 1,723 sqft | AED 1.44MAED 1,438,947 · Jul 2023July 2023 | 125,000 /yr |
1001, Mag 218 Tower in numbers
- Sold 4 times: first on 6 July 2009 for AED 1,243,748, last on 25 February 2025 for AED 1,980,000 (AED 1,149 per sqft).
- Rented since November 2013 on 9 Ejari contracts, from AED 146,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2025 price is 3.3%, before a service charge of about AED 25,100 a year (AED 14.54 per sqft).
- Two-beds in Mag 218 Tower sold for AED 1,600,000–2,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,362 per sqft.
Source: Dubai Land Department. Updated 25 February 2025.
Questions about 1001, Mag 218 Tower
What did unit 1001 last sell for?
AED 1,980,000 on 25 February 2025: AED 1,149 per sqft for 1,723 sqft. The unit has 4 registered sales; the first was AED 1,243,748 in July 2009.
What is the rent for unit 1001?
AED 65,000 a year on the contract renewed on 1 January 2023. The previous contract, from January 2022, was AED 65,000; the unit has been rented since November 2013.
How big is unit 1001?
1,723 sqft (160.1 sqm): a two-bedroom apartment on the 10th floor of a 55-storey tower completed in 2010.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mag 218 Tower sold for AED 1,600,000 to 2,500,000 in the last 12 months, around AED 1,273 per sqft.
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Mortgage on 1001, Mag 218 Tower
Starts from the last sale price (AED 1.98M, 25 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,980,000
- Deposit, UAE resident (20%)
- AED 396,000
- Deposit, non-resident (40%)
- AED 792,000
- Monthly over 25 years at 3.7%
- AED 8,101
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →