1406, Mag 218 Tower
Sold prices and rental history: sold twice, last in July 2025, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1406, Mag 218 Tower
What is 1406 worth today?
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Source: Dubai Land Department. Updated 21 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,742 sqft
- Floor
- 14th of 55
- Parking
- 2B53
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,300 /yr
- Last sold
- AED 2.35M · July 2025
- Building
- Mag 218 Tower
About 1406, Mag 218 Tower
1406 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 21 July 2025 for AED 2,350,000, or AED 1,349 per sqft, 9% above the AED 1,243 two-beds in the building were fetching at the time.
It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 19 November 2015, is AED 141,570 a year: a gross yield of 6.0% on the 2025 price, before the service charge of about AED 25,300 a year.
Sales and rents for 1406 over time
1406 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 1406 sits
All 222 2-beds →1406 last sold in July 2025 at AED 1,349 per sqft, 9% above what two-beds in Mag 218 Tower were fetching at the time (AED 1,243). 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. 1406's AED 141,570 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 14th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,742 sqft | AED 1.9MAED 1,900,000 · Feb 2015February 2015 | 140,000 /yr | |
| 1402 | 1-bed | 875 sqft | AED 909KAED 909,000 · Apr 2024April 2024 | 100,000 /yr | |
| 1403 | 1-bed | 844 sqft | AED 825KAED 825,000 · Oct 2022October 2022 | 88,000 /yr | |
| 1404 | 1-bed | 875 sqft | AED 1.12MAED 1,120,000 · Dec 2025December 2025 | 45,000 /yr | |
| 1405 | 2-bed | 1,742 sqft | AED 1.39MAED 1,393,664 · Dec 2013December 2013 | 70,000 /yr | |
| 1407 | 1-bed | 875 sqft | AED 1.35MAED 1,350,000 · Dec 2024December 2024 | 85,000 /yr | |
| 1408 | 1-bed | 844 sqft | AED 655KAED 655,015 · May 2013May 2013 | 67,000 /yr | |
| 1409 | 1-bed | 875 sqft | AED 1.05MAED 1,050,000 · Apr 2013April 2013 | 70,000 /yr | |
| 1410 | 2-bed | 1,742 sqft | AED 1.9MAED 1,900,000 · Aug 2015August 2015 | 114,576 /yr |
1406, Mag 218 Tower in numbers
- Sold twice: first on 3 August 2011 for AED 635,467, last on 21 July 2025 for AED 2,350,000 (AED 1,349 per sqft).
- Rented since November 2013 on 2 Ejari contracts, from AED 117,000 to AED 141,570 a year.
- At AED 141,570 a year the gross yield on the 2025 price is 6.0%, 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 21 July 2025.
Questions about 1406, Mag 218 Tower
What did unit 1406 last sell for?
AED 2,350,000 on 21 July 2025: AED 1,349 per sqft for 1,742 sqft. The unit has 2 registered sales; the first was AED 635,467 in August 2011.
What is the rent for unit 1406?
AED 141,570 a year on the contract signed on 19 November 2015. The previous contract, from November 2013, was AED 117,000.
How big is unit 1406?
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 1406 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 1406, Mag 218 Tower
Starts from the last sale price (AED 2.35M, 21 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,350,000
- Deposit, UAE resident (20%)
- AED 470,000
- Deposit, non-resident (40%)
- AED 940,000
- Monthly over 25 years at 3.7%
- AED 9,615
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →