2004, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in May 2022, 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 2004, Mag 218 Tower
What is 2004 worth today?
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Source: Dubai Land Department. Updated 30 May 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 875 sqft
- Floor
- 20th of 55
- Parking
- 2B09
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,700 /yr
- Last sold
- AED 1M · May 2022
- Building
- Mag 218 Tower
About 2004, Mag 218 Tower
2004 is a one-bedroom apartment of 875 sqft on the 20th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 30 May 2022 for AED 1,000,000, or AED 1,142 per sqft, 19% above the AED 959 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 October 2021, is AED 60,000 a year: a gross yield of 6.0% on the 2022 price, before the service charge of about AED 12,700 a year.
Sales and rents for 2004 over time
2004 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mag 218 Tower, and where 2004 sits
All 333 1-beds →2004 last sold in May 2022 at AED 1,142 per sqft, 19% above what one-beds in Mag 218 Tower were fetching at the time (AED 959). Over the last 12 months one-beds sold for AED 1,025,000 to 1,600,000, around AED 1,365 per sqft, and rent for AED 60,000 to 160,000 a year. 2004's AED 60,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 202617 September 2026 | 844 sqft | 1,050,000 | 1,244 | ||
| 4 Sep 20264 September 2026 | 875 sqft | 1,150,000 | 1,314 | ||
| 14 Jul 202614 July 2026 | 864 sqft | 1,230,000 | 1,423 | ||
| 7 Jul 20267 July 2026 | 908 sqft | 1,250,000 | 1,376 |
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 20th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,742 sqft | AED 1.6MAED 1,600,000 · Apr 2019April 2019 | 145,000 /yr | |
| 2002 | 1-bed | 875 sqft | AED 689KAED 689,088 · Aug 2013August 2013 | 65,000 /yr | |
| 2003 | 1-bed | 844 sqft | AED 720KAED 720,000 · Apr 2012April 2012 | 80,000 /yr | |
| 2005 | 2-bed | 1,742 sqft | AED 1.2MAED 1,200,000 · Jun 2022June 2022 | ||
| 2006 | 2-bed | 1,742 sqft | AED 1.29MAED 1,289,397 · Mar 2011March 2011 | 115,000 /yr | |
| 2007 | 1-bed | 875 sqft | AED 1.23MAED 1,227,500 · Nov 2025November 2025 | 86,000 /yr | |
| 2008 | 1-bed | 844 sqft | AED 1MAED 1,000,000 · Nov 2017November 2017 | 80,000 /yr | |
| 2009 | 1-bed | 875 sqft | AED 1.19MAED 1,185,000 · Jul 2024July 2024 | 70,000 /yr | |
| 2010 | 2-bed | 871 sqft | AED 1.18MAED 1,180,000 · Oct 2020October 2020 |
2004, Mag 218 Tower in numbers
- Sold 4 times: first on 6 March 2011 for AED 344,544, last on 30 May 2022 for AED 1,000,000 (AED 1,142 per sqft).
- Rented since September 2013 on 4 Ejari contracts, from AED 88,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2022 price is 6.0%, before a service charge of about AED 12,700 a year (AED 14.54 per sqft).
- One-beds in Mag 218 Tower sold for AED 1,025,000–1,600,000 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 30 May 2022.
Questions about 2004, Mag 218 Tower
What did unit 2004 last sell for?
AED 1,000,000 on 30 May 2022: AED 1,142 per sqft for 875 sqft. The unit has 4 registered sales; the first was AED 344,544 in March 2011.
What is the rent for unit 2004?
AED 60,000 a year on the contract signed on 1 October 2021. The previous contract, from April 2019, was AED 67,000; the unit has been rented since September 2013.
How big is unit 2004?
875 sqft (81.3 sqm): a one-bedroom apartment on the 20th floor of a 55-storey tower completed in 2010.
What is unit 2004 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mag 218 Tower sold for AED 1,025,000 to 1,600,000 in the last 12 months, around AED 1,365 per sqft.
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Mortgage on 2004, Mag 218 Tower
Starts from the last sale price (AED 1M, 30 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →