1201, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in July 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, Mag 218 Tower
What is 1201 worth today?
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Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,742 sqft
- Floor
- 12th of 55
- Parking
- 3B58
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,300 /yr
- Last sold
- AED 1.18M · July 2019
- Building
- Mag 218 Tower
About 1201, Mag 218 Tower
1201 is a two-bedroom apartment of 1,742 sqft on the 12th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 15 July 2019 for AED 1,180,000, or AED 677 per sqft, 7% below the AED 730 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 112,000 a year: a gross yield of 9.5% on the 2019 price, before the service charge of about AED 25,300 a year.
Sales and rents for 1201 over time
1201 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 1201 sits
All 222 2-beds →1201 last sold in July 2019 at AED 677 per sqft, 7% below what two-beds in Mag 218 Tower were fetching at the time (AED 730). 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. 1201's AED 112,000 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 12th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 1-bed | 875 sqft | AED 800KAED 800,000 · Feb 2023February 2023 | 78,000 /yr | |
| 1203 | 1-bed | 844 sqft | AED 1.28MAED 1,280,000 · Feb 2014February 2014 | 66,642 /yr | |
| 1204 | 1-bed | 875 sqft | AED 789KAED 789,000 · Oct 2022October 2022 | 65,000 /yr | |
| 1205 | 2-bed | 1,742 sqft | AED 1.4MAED 1,400,000 · Nov 2018November 2018 | 135,000 /yr | |
| 1206 | 2-bed | 1,742 sqft | AED 2.45MAED 2,450,000 · Jan 2014January 2014 | 150,000 /yr | |
| 1207 | 1-bed | 446 sqft | AED 570KAED 569,729 · Apr 2025April 2025 | ||
| 1208 | 1-bed | 844 sqft | AED 850KAED 850,000 · Jul 2012July 2012 | 73,000 /yr | |
| 1209 | 1-bed | 875 sqft | AED 1.05MAED 1,050,000 · Oct 2022October 2022 | 70,000 /yr | |
| 1210 | 2-bed | 1,742 sqft | AED 2.13MAED 2,125,000 · Jul 2023July 2023 | 145,000 /yr |
1201, Mag 218 Tower in numbers
- Sold 4 times: first on 25 May 2010 for AED 1,138,300, last on 15 July 2019 for AED 1,180,000 (AED 677 per sqft).
- Rented since February 2014 on 12 Ejari contracts. The rent fell from AED 140,000 to AED 80,000 in 2021 and recovered to AED 112,000 by August 2025.
- At AED 112,000 a year the gross yield on the 2019 price is 9.5%, before a service charge of about AED 25,300 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 1 August 2025.
Questions about 1201, Mag 218 Tower
What did unit 1201 last sell for?
AED 1,180,000 on 15 July 2019: AED 677 per sqft for 1,742 sqft. The unit has 4 registered sales; the first was AED 1,138,300 in May 2010.
What is the rent for unit 1201?
AED 112,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2025, was AED 112,000; the unit has been rented since February 2014.
How big is unit 1201?
1,742 sqft (161.8 sqm): a two-bedroom apartment on the 12th floor of a 55-storey tower completed in 2010.
What is unit 1201 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 1201, Mag 218 Tower
Starts from the last sale price (AED 1.18M, 15 July 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,180,000
- Deposit, UAE resident (20%)
- AED 236,000
- Deposit, non-resident (40%)
- AED 472,000
- Monthly over 25 years at 3.7%
- AED 4,828
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →