1005, Mag 218 Tower
Sold prices and rental history: sold 3 times, last in July 2023, 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 1005, Mag 218 Tower
What is 1005 worth today?
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Source: Dubai Land Department. Updated 28 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,723 sqft
- Floor
- 10th of 55
- Parking
- 3B19
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,100 /yr
- Last sold
- AED 1.44M · July 2023
- Building
- Mag 218 Tower
About 1005, Mag 218 Tower
1005 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 19 July 2023 for AED 1,438,000, or AED 834 per sqft, 11% below the AED 941 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 28 January 2026, is AED 139,251 a year: a gross yield of 9.7% on the 2023 price, before the service charge of about AED 25,100 a year.
Sales and rents for 1005 over time
1005 has sold 3 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 1005 sits
All 222 2-beds →1005 last sold in July 2023 at AED 834 per sqft, 11% below what two-beds in Mag 218 Tower were fetching at the time (AED 941). 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. 1005's AED 139,251 is in the lower half 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 | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,723 sqft | AED 1.98MAED 1,980,000 · Feb 2025February 2025 | 65,000 /yr | |
| 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 | |
| 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 |
1005, Mag 218 Tower in numbers
- Sold 3 times: first on 6 July 2009 for AED 1,243,748, last on 19 July 2023 for AED 1,438,000 (AED 834 per sqft).
- Rented since May 2013 on 11 Ejari contracts. The rent fell from AED 120,000 to AED 99,732 in 2022 and recovered to AED 139,251 by January 2026.
- At AED 139,251 a year the gross yield on the 2023 price is 9.7%, 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 28 January 2026.
Questions about 1005, Mag 218 Tower
What did unit 1005 last sell for?
AED 1,438,000 on 19 July 2023: AED 834 per sqft for 1,723 sqft. The unit has 3 registered sales; the first was AED 1,243,748 in July 2009.
What is the rent for unit 1005?
AED 139,251 a year on the contract renewed on 28 January 2026. The previous contract, from July 2024, was AED 139,625; the unit has been rented since May 2013.
How big is unit 1005?
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 1005 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 1005, Mag 218 Tower
Starts from the last sale price (AED 1.44M, 19 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,438,000
- Deposit, UAE resident (20%)
- AED 287,600
- Deposit, non-resident (40%)
- AED 575,200
- Monthly over 25 years at 3.7%
- AED 5,883
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →