1505, Mag 218 Tower
Sold prices and rental history: sold twice, last in October 2013, 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 1505, Mag 218 Tower
What is 1505 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,742 sqft
- Floor
- 15th of 55
- Parking
- 2B57
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,300 /yr
- Last sold
- AED 1.7M · October 2013
- Building
- Mag 218 Tower
About 1505, Mag 218 Tower
1505 is a two-bedroom apartment of 1,742 sqft on the 15th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 1 October 2013 for AED 1,703,424, or AED 977 per sqft, 9% above the AED 900 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 275,000 a year: a gross yield of 16.1% on the 2013 price, before the service charge of about AED 25,300 a year.
Sales and rents for 1505 over time
1505 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 1505 sits
All 222 2-beds →1505 last sold in October 2013 at AED 977 per sqft, 9% above what two-beds in Mag 218 Tower were fetching at the time (AED 900). 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. 1505's AED 275,000 is at the top 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 15th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,742 sqft | AED 2.2MAED 2,200,000 · Feb 2014February 2014 | ||
| 1502 | 1-bed | 875 sqft | AED 749KAED 748,973 · May 2013May 2013 | 75,000 /yr | |
| 1503 | 1-bed | 844 sqft | AED 750KAED 750,000 · Jan 2012January 2012 | 80,000 /yr | |
| 1504 | 1-bed | 437 sqft | AED 930KAED 930,000 · Nov 2023November 2023 | 66,000 /yr | |
| 1506 | 2-bed | 1,742 sqft | AED 2.2MAED 2,200,000 · Jun 2024June 2024 | 90,000 /yr | |
| 1507 | 1-bed | 875 sqft | AED 1.1MAED 1,100,000 · Apr 2016April 2016 | 50,000 /yr | |
| 1508 | 1-bed | 844 sqft | AED 700KAED 700,000 · Aug 2020August 2020 | 60,000 /yr | |
| 1509 | 1-bed | 875 sqft | AED 660KAED 660,457 · Dec 2011December 2011 | 66,150 /yr | |
| 1510 | 2-bed | 1,742 sqft | AED 1.43MAED 1,430,000 · Oct 2012October 2012 | 123,000 /yr |
1505, Mag 218 Tower in numbers
- Sold twice: first on 6 July 2009 for AED 1,703,424, last on 1 October 2013 for AED 1,703,424 (AED 977 per sqft).
- Rented since August 2013 on 12 Ejari contracts, from AED 90,000 to AED 275,000 a year.
- At AED 275,000 a year the gross yield on the 2013 price is 16.1%, 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 1 September 2026.
Questions about 1505, Mag 218 Tower
What did unit 1505 last sell for?
AED 1,703,424 on 1 October 2013: AED 977 per sqft for 1,742 sqft. The unit has 2 registered sales; the first was AED 1,703,424 in July 2009.
What is the rent for unit 1505?
AED 275,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 160,000; the unit has been rented since August 2013.
How big is unit 1505?
1,742 sqft (161.8 sqm): a two-bedroom apartment on the 15th floor of a 55-storey tower completed in 2010.
What is unit 1505 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 1505, Mag 218 Tower
Starts from the last sale price (AED 1.7M, 1 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,703,424
- Deposit, UAE resident (20%)
- AED 340,685
- Deposit, non-resident (40%)
- AED 681,370
- Monthly over 25 years at 3.7%
- AED 6,969
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →