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2-bed · 1,742 sqftMag 218 Tower, Dubai Marina · 14th floor · completed 2010

1405, Mag 218 Tower

Sold prices and rental history: sold twice, last in December 2013, and rented once, from September 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 8 September 2021
Last soldAED 1.39M17 December 2013
Current rentAED 70K /yr8 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1405, Mag 218 Tower

What is 1405 worth today?

Last sold for AED 1,393,664 in 2013

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8 Sep 2021RentedNew contract
AED 70,000/yr12 months · AED 40 per sqft
17 Dec 2013SoldReady
AED 1,393,664AED 800 per sqft
30 Mar 2010Sold by developerOff-plan
AED 1,393,664AED 800 per sqft

Source: Dubai Land Department. Updated 8 September 2021.

Key facts

Type
2-bed apartment
Size
1,742 sqft
Floor
14th of 55
Parking
1B32
Developer
Dream Estate
Completed
2010
Service charge
AED 25,300 /yr
Last sold
AED 1.39M · December 2013
Building
Mag 218 Tower

About 1405, Mag 218 Tower

1405 is a two-bedroom apartment of 1,742 sqft on the 14th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 17 December 2013 for AED 1,393,664, or AED 800 per sqft, 14% below the AED 929 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 September 2021. The current contract, signed on 8 September 2021, is AED 70,000 a year: a gross yield of 5.0% on the 2013 price, before the service charge of about AED 25,300 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, each saleTypical two-bed in Mag 218 Tower
1M2M2006201220182024Typical sale price by year: 2006 AED 1,318,478; 2009 AED 1,437,450; 2010 AED 1,377,898; 2011 AED 1,423,264; 2012 AED 1,415,209; 2013 AED 1,700,000; 2014 AED 2,275,000; 2015 AED 1,950,000; 2016 AED 1,800,000; 2017 AED 1,840,000; 2018 AED 1,550,000; 2019 AED 1,215,000; 2020 AED 1,150,000; 2021 AED 1,215,000; 2022 AED 1,534,583; 2023 AED 1,797,500; 2024 AED 2,175,000; 2025 AED 2,200,000; 2026 AED 2,265,000Sold by developer, March 2010: AED 1,393,664 (AED 800 per sqft)Sold, December 2013: AED 1,393,664 (AED 800 per sqft)

1405 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1405, each contractTypical two-bed in Mag 218 Tower
100K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 130,000; 2015 AED 137,634; 2016 AED 135,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 104,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 96,800; 2023 AED 105,500; 2024 AED 126,000; 2025 AED 130,000; 2026 AED 126,000New contract, September 2021: AED 70,000 a year

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 1405 sits

All 222 2-beds →

1405 last sold in December 2013 at AED 800 per sqft, 14% below what two-beds in Mag 218 Tower were fetching at the time (AED 929). 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. 1405's AED 70,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20261,600,000
25 Sep 20262,100,000
24 Jun 20262,040,000
19 May 20262,450,000
8 2-bed sales in the last 12 months

Mag 218 Tower

Building

550 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%
Mag 218 Tower, Dubai Marina: prices, sales and rents →

Other units on the 14th floor

All 550 units in Mag 218 Tower
Value
14012-bedAED 1.9M · Feb 2015
14021-bedAED 909K · Apr 2024
14031-bedAED 825K · Oct 2022
14041-bedAED 1.12M · Dec 2025
14062-bedAED 2.35M · Jul 2025
14071-bedAED 1.35M · Dec 2024
14081-bedAED 655K · May 2013
1–7 of 9

1405, Mag 218 Tower in numbers

  • Sold twice: first on 30 March 2010 for AED 1,393,664, last on 17 December 2013 for AED 1,393,664 (AED 800 per sqft).
  • Rented since September 2021 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2013 price is 5.0%, 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 8 September 2021.

Questions about 1405, Mag 218 Tower

What did unit 1405 last sell for?

AED 1,393,664 on 17 December 2013: AED 800 per sqft for 1,742 sqft. The unit has 2 registered sales; the first was AED 1,393,664 in March 2010.

What is the rent for unit 1405?

AED 70,000 a year on the contract signed on 8 September 2021.

How big is unit 1405?

1,742 sqft (161.8 sqm): a two-bedroom apartment on the 14th floor of a 55-storey tower completed in 2010.

What is unit 1405 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 1405, Mag 218 Tower

Starts from the last sale price (AED 1.39M, 17 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,393,664
Deposit, UAE resident (20%)
AED 278,733
Deposit, non-resident (40%)
AED 557,466
Monthly over 25 years at 3.7%
AED 5,702

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →