1805, Mag 218 Tower
Sold prices and rental history: sold 3 times, last in May 2024, 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 1805, Mag 218 Tower
What is 1805 worth today?
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Source: Dubai Land Department. Updated 23 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,742 sqft
- Floor
- 18th of 55
- Parking
- 2B22
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,300 /yr
- Last sold
- AED 1.98M · May 2024
- Building
- Mag 218 Tower
About 1805, Mag 218 Tower
1805 is a two-bedroom apartment of 1,742 sqft on the 18th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 23 May 2024 for AED 1,975,000, or AED 1,133 per sqft, in line with the AED 1,112 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 24 September 2023, is AED 125,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 25,300 a year.
Sales and rents for 1805 over time
1805 has sold 3 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 1805 sits
All 222 2-beds →1805 last sold in May 2024 at AED 1,133 per sqft, in line with what two-beds in Mag 218 Tower were fetching at the time (AED 1,112). 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. 1805's AED 125,000 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 18th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1801 | 2-bed | 1,742 sqft | AED 1.28MAED 1,283,243 · Jan 2011January 2011 | 105,000 /yr | |
| 1802 | 1-bed | 875 sqft | AED 820KAED 820,000 · Feb 2023February 2023 | 78,000 /yr | |
| 1803 | 1-bed | 844 sqft | AED 661KAED 661,343 · May 2011May 2011 | 65,000 /yr | |
| 1804 | 1-bed | 875 sqft | AED 686KAED 685,806 · May 2011May 2011 | 74,000 /yr | |
| 1806 | 2-bed | 1,742 sqft | AED 1.28MAED 1,283,243 · Aug 2013August 2013 | 122,064 /yr | |
| 1807 | 1-bed | 875 sqft | AED 1.3MAED 1,300,000 · Oct 2014October 2014 | 97,000 /yr | |
| 1808 | 1-bed | 844 sqft | AED 1.28MAED 1,280,000 · Apr 2026April 2026 | 92,000 /yr | |
| 1809 | 1-bed | 875 sqft | AED 1.4MAED 1,400,000 · Sep 2024September 2024 | 80,000 /yr | |
| 1810 | 2-bed | 1,742 sqft | AED 2.28MAED 2,280,000 · Jun 2025June 2025 | 76,000 /yr |
1805, Mag 218 Tower in numbers
- Sold 3 times: first on 17 December 2012 for AED 1,283,243, last on 23 May 2024 for AED 1,975,000 (AED 1,133 per sqft).
- Rented since August 2013 on 8 Ejari contracts. The rent fell from AED 99,600 to AED 80,000 in 2020 and recovered to AED 125,000 by September 2023.
- At AED 125,000 a year the gross yield on the 2024 price is 6.3%, 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 23 May 2024.
Questions about 1805, Mag 218 Tower
What did unit 1805 last sell for?
AED 1,975,000 on 23 May 2024: AED 1,133 per sqft for 1,742 sqft. The unit has 3 registered sales; the first was AED 1,283,243 in December 2012.
What is the rent for unit 1805?
AED 125,000 a year on the contract renewed on 24 September 2023. The previous contract, from September 2022, was AED 120,000; the unit has been rented since August 2013.
How big is unit 1805?
1,742 sqft (161.8 sqm): a two-bedroom apartment on the 18th floor of a 55-storey tower completed in 2010.
What is unit 1805 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 1805, Mag 218 Tower
Starts from the last sale price (AED 1.98M, 23 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,975,000
- Deposit, UAE resident (20%)
- AED 395,000
- Deposit, non-resident (40%)
- AED 790,000
- Monthly over 25 years at 3.7%
- AED 8,080
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →