1206, Mag 218 Tower
Sold prices and rental history: sold twice, last in January 2014, 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 1206, Mag 218 Tower
What is 1206 worth today?
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Source: Dubai Land Department. Updated 15 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,742 sqft
- Floor
- 12th of 55
- Parking
- 3B56
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,300 /yr
- Last sold
- AED 2.45M · January 2014
- Building
- Mag 218 Tower
About 1206, Mag 218 Tower
1206 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 7 January 2014 for AED 2,450,000, or AED 1,406 per sqft, 45% above the AED 973 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 14 Ejari contracts. The current contract, signed on 15 February 2026, is AED 150,000 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 25,300 a year.
Sales and rents for 1206 over time
1206 has sold twice; 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 1206 sits
All 222 2-beds →1206 last sold in January 2014 at AED 1,406 per sqft, 45% above what two-beds in Mag 218 Tower were fetching at the time (AED 973). 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. 1206's AED 150,000 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 | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,742 sqft | AED 1.18MAED 1,180,000 · Jul 2019July 2019 | 112,000 /yr | |
| 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 | |
| 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 |
1206, Mag 218 Tower in numbers
- Sold twice: first on 5 September 2011 for AED 1,138,301, last on 7 January 2014 for AED 2,450,000 (AED 1,406 per sqft).
- Rented since August 2014 on 14 Ejari contracts. The rent fell from AED 150,000 to AED 75,000 in 2021 and recovered to AED 150,000 by February 2026.
- At AED 150,000 a year the gross yield on the 2014 price is 6.1%, 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 15 February 2026.
Questions about 1206, Mag 218 Tower
What did unit 1206 last sell for?
AED 2,450,000 on 7 January 2014: AED 1,406 per sqft for 1,742 sqft. The unit has 2 registered sales; the first was AED 1,138,301 in September 2011.
What is the rent for unit 1206?
AED 150,000 a year on the contract signed on 15 February 2026. The previous contract, from January 2025, was AED 120,402; the unit has been rented since August 2014.
How big is unit 1206?
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 1206 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 1206, Mag 218 Tower
Starts from the last sale price (AED 2.45M, 7 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,450,000
- Deposit, UAE resident (20%)
- AED 490,000
- Deposit, non-resident (40%)
- AED 980,000
- Monthly over 25 years at 3.7%
- AED 10,024
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →