1706, Mag 218 Tower
Sold prices and rental history: sold twice, last in September 2012, 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 1706, Mag 218 Tower
What is 1706 worth today?
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Source: Dubai Land Department. Updated 10 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,742 sqft
- Floor
- 17th of 55
- Parking
- 2B73
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,300 /yr
- Last sold
- AED 1.41M · September 2012
- Building
- Mag 218 Tower
About 1706, Mag 218 Tower
1706 is a two-bedroom apartment of 1,742 sqft on the 17th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 11 September 2012 for AED 1,408,181, or AED 808 per sqft, in line with the AED 799 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 10 September 2025, is AED 160,000 a year: a gross yield of 11.4% on the 2012 price, before the service charge of about AED 25,300 a year.
Sales and rents for 1706 over time
1706 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 1706 sits
All 222 2-beds →1706 last sold in September 2012 at AED 808 per sqft, in line with what two-beds in Mag 218 Tower were fetching at the time (AED 799). 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. 1706's AED 160,000 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 17th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,742 sqft | AED 1.41MAED 1,408,181 · Feb 2011February 2011 | ||
| 1702 | 1-bed | 875 sqft | AED 1.06MAED 1,060,000 · Dec 2016December 2016 | 70,000 /yr | |
| 1703 | 1-bed | 844 sqft | AED 750KAED 750,000 · Oct 2011October 2011 | 80,000 /yr | |
| 1704 | 1-bed | 875 sqft | AED 753KAED 752,582 · Apr 2011April 2011 | ||
| 1705 | 2-bed | 1,742 sqft | AED 1.41MAED 1,408,181 · Mar 2015March 2015 | 140,000 /yr | |
| 1707 | 1-bed | 875 sqft | AED 950KAED 950,000 · Apr 2019April 2019 | 47,000 /yr | |
| 1708 | 1-bed | 844 sqft | AED 1.4MAED 1,400,000 · Jan 2015January 2015 | 80,000 /yr | |
| 1709 | 1-bed | 875 sqft | AED 875KAED 875,000 · Sep 2022September 2022 | 92,000 /yr | |
| 1710 | 2-bed | 1,742 sqft | AED 1.43MAED 1,425,000 · Dec 2022December 2022 | 80,000 /yr |
1706, Mag 218 Tower in numbers
- Sold twice: first on 6 July 2009 for AED 1,408,181, last on 11 September 2012 for AED 1,408,181 (AED 808 per sqft).
- Rented since December 2013 on 11 Ejari contracts. The rent fell from AED 130,000 to AED 105,000 in 2021 and recovered to AED 160,000 by September 2025.
- At AED 160,000 a year the gross yield on the 2012 price is 11.4%, 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 10 September 2025.
Questions about 1706, Mag 218 Tower
What did unit 1706 last sell for?
AED 1,408,181 on 11 September 2012: AED 808 per sqft for 1,742 sqft. The unit has 2 registered sales; the first was AED 1,408,181 in July 2009.
What is the rent for unit 1706?
AED 160,000 a year on the contract renewed on 10 September 2025. The previous contract, from September 2024, was AED 160,000; the unit has been rented since December 2013.
How big is unit 1706?
1,742 sqft (161.8 sqm): a two-bedroom apartment on the 17th floor of a 55-storey tower completed in 2010.
What is unit 1706 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 1706, Mag 218 Tower
Starts from the last sale price (AED 1.41M, 11 September 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,408,181
- Deposit, UAE resident (20%)
- AED 281,636
- Deposit, non-resident (40%)
- AED 563,272
- Monthly over 25 years at 3.7%
- AED 5,761
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →