1605, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in March 2015, 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 1605, Mag 218 Tower
What is 1605 worth today?
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Source: Dubai Land Department. Updated 24 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,742 sqft
- Floor
- 16th of 55
- Parking
- 2B63
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,300 /yr
- Last sold
- AED 2.15M · March 2015
- Building
- Mag 218 Tower
About 1605, Mag 218 Tower
1605 is a two-bedroom apartment of 1,742 sqft on the 16th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 31 March 2015 for AED 2,150,000, or AED 1,234 per sqft, in line with the AED 1,234 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 24 July 2025, is AED 115,500 a year: a gross yield of 5.4% on the 2015 price, before the service charge of about AED 25,300 a year.
Sales and rents for 1605 over time
1605 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 1605 sits
All 222 2-beds →1605 last sold in March 2015 at AED 1,234 per sqft, in line with what two-beds in Mag 218 Tower were fetching at the time (AED 1,234). 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. 1605's AED 115,500 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 16th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,742 sqft | AED 1.9MAED 1,900,000 · Feb 2015February 2015 | 107,415 /yr | |
| 1602 | 1-bed | 875 sqft | AED 1.1MAED 1,100,000 · Aug 2017August 2017 | 93,000 /yr | |
| 1603 | 1-bed | 844 sqft | AED 632KAED 631,852 · Mar 2011March 2011 | 70,000 /yr | |
| 1604 | 1-bed | 875 sqft | AED 683KAED 682,525 · Feb 2011February 2011 | 80,000 /yr | |
| 1606 | 2-bed | 1,742 sqft | AED 1.38MAED 1,375,000 · Dec 2011December 2011 | 155,000 /yr | |
| 1607 | 1-bed | 875 sqft | AED 683KAED 682,525 · May 2013May 2013 | 75,000 /yr | |
| 1608 | 1-bed | 844 sqft | AED 740KAED 740,000 · Mar 2020March 2020 | 55,000 /yr | |
| 1609 | 1-bed | 875 sqft | AED 1.15MAED 1,150,000 · Nov 2023November 2023 | 85,000 /yr | |
| 1610 | 2-bed | 1,742 sqft | AED 1.4MAED 1,400,000 · Nov 2011November 2011 | 50,000 /yr |
1605, Mag 218 Tower in numbers
- Sold 4 times: first on 29 March 2010 for AED 1,463,605, last on 31 March 2015 for AED 2,150,000 (AED 1,234 per sqft).
- Rented since June 2013 on 13 Ejari contracts. The rent fell from AED 123,000 to AED 80,000 in 2020 and recovered to AED 115,500 by July 2025.
- At AED 115,500 a year the gross yield on the 2015 price is 5.4%, 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 24 July 2025.
Questions about 1605, Mag 218 Tower
What did unit 1605 last sell for?
AED 2,150,000 on 31 March 2015: AED 1,234 per sqft for 1,742 sqft. The unit has 4 registered sales; the first was AED 1,463,605 in March 2010.
What is the rent for unit 1605?
AED 115,500 a year on the contract renewed on 24 July 2025. The previous contract, from July 2024, was AED 110,000; the unit has been rented since June 2013.
How big is unit 1605?
1,742 sqft (161.8 sqm): a two-bedroom apartment on the 16th floor of a 55-storey tower completed in 2010.
What is unit 1605 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 1605, Mag 218 Tower
Starts from the last sale price (AED 2.15M, 31 March 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,150,000
- Deposit, UAE resident (20%)
- AED 430,000
- Deposit, non-resident (40%)
- AED 860,000
- Monthly over 25 years at 3.7%
- AED 8,796
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →