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2-bed · 1,742 sqftMag 218 Tower, Dubai Marina · 19th floor · completed 2010

1906, Mag 218 Tower

Sold prices and rental history: sold 3 times, last in August 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1906 · DLD and Ejari recordsUpdated 14 August 2011
Last soldAED 1.3M14 August 2011
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1906, Mag 218 Tower

What is 1906 worth today?

Last sold for AED 1,300,000 in 2011

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14 Aug 2011SoldReady
AED 1,300,000AED 746 per sqft
21 Jul 2011SoldReady
AED 1,555,699AED 893 per sqft
6 Jul 2009Sold by developerOff-plan
AED 1,485,694AED 852 per sqft

Source: Dubai Land Department. Updated 14 August 2011.

Key facts

Type
2-bed apartment
Size
1,742 sqft
Floor
19th of 55
Parking
2B35, 2B36
Developer
Dream Estate
Completed
2010
Service charge
AED 25,300 /yr
Last sold
AED 1.3M · August 2011
Building
Mag 218 Tower

About 1906, Mag 218 Tower

1906 is a two-bedroom apartment of 1,742 sqft on the 19th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 14 August 2011 for AED 1,300,000, or AED 746 per sqft, 7% below the AED 799 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1906 over time

Sales
Unit 1906, each saleTypical two-bed in Mag 218 Tower
1M2M2006201220182024Typical sale price by year: 2006 AED 1,318,478; 2009 AED 1,437,450; 2010 AED 1,377,898; 2011 AED 1,423,264; 2012 AED 1,415,209; 2013 AED 1,700,000; 2014 AED 2,275,000; 2015 AED 1,950,000; 2016 AED 1,800,000; 2017 AED 1,840,000; 2018 AED 1,550,000; 2019 AED 1,215,000; 2020 AED 1,150,000; 2021 AED 1,215,000; 2022 AED 1,534,583; 2023 AED 1,797,500; 2024 AED 2,175,000; 2025 AED 2,200,000; 2026 AED 2,265,000Sold by developer, July 2009: AED 1,485,694 (AED 852 per sqft)Sold, July 2011: AED 1,555,699 (AED 893 per sqft)Sold, August 2011: AED 1,300,000 (AED 746 per sqft)

1906 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1906, each contractTypical two-bed in Mag 218 Tower
100K125K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 130,000; 2015 AED 137,634; 2016 AED 135,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 104,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 96,800; 2023 AED 105,500; 2024 AED 126,000; 2025 AED 130,000; 2026 AED 126,000

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 1906 sits

All 222 2-beds →

1906 last sold in August 2011 at AED 746 per sqft, 7% below 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.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20261,600,000
25 Sep 20262,100,000
24 Jun 20262,040,000
19 May 20262,450,000
8 2-bed sales in the last 12 months

Mag 218 Tower

Building

550 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%
Mag 218 Tower, Dubai Marina: prices, sales and rents →

Other units on the 19th floor

All 550 units in Mag 218 Tower
Value
19012-bedAED 1.9M · Feb 2015
19021-bedAED 718K · Aug 2011
19031-bedAED 970K · Sep 2013
19041-bedAED 900K · Mar 2018
19052-bedAED 1.2M · Jul 2011
19071-bedAED 681K · Jun 2011
19081-bedAED 787K · Jun 2010
1–7 of 9

1906, Mag 218 Tower in numbers

  • Sold 3 times: first on 6 July 2009 for AED 1,485,694, last on 14 August 2011 for AED 1,300,000 (AED 746 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 14 August 2011.

Questions about 1906, Mag 218 Tower

What did unit 1906 last sell for?

AED 1,300,000 on 14 August 2011: AED 746 per sqft for 1,742 sqft. The unit has 3 registered sales; the first was AED 1,485,694 in July 2009.

How big is unit 1906?

1,742 sqft (161.8 sqm): a two-bedroom apartment on the 19th floor of a 55-storey tower completed in 2010.

What is unit 1906 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 1906, Mag 218 Tower

Starts from the last sale price (AED 1.3M, 14 August 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →