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2-bed · 1,742 sqftMag 218 Tower, Dubai Marina · 20th floor · completed 2010

2005, Mag 218 Tower

Sold prices and rental history: sold 3 times, last in June 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2005 · DLD and Ejari recordsUpdated 24 June 2022
Last soldAED 1.2M24 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2005, Mag 218 Tower

What is 2005 worth today?

Last sold for AED 1,200,000 in 2022

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24 Jun 2022SoldReady
AED 1,200,000AED 688 per sqft
27 Jan 2016SoldReady
AED 1,875,000AED 1,076 per sqft
3 Feb 2011Sold by developerReady
AED 1,563,716AED 897 per sqft

Source: Dubai Land Department. Updated 24 June 2022.

Key facts

Type
2-bed apartment
Size
1,742 sqft
Floor
20th of 55
Parking
2B10
Developer
Dream Estate
Completed
2010
Service charge
AED 25,300 /yr
Last sold
AED 1.2M · June 2022
Building
Mag 218 Tower

About 2005, Mag 218 Tower

2005 is a two-bedroom apartment of 1,742 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 24 June 2022 for AED 1,200,000, or AED 688 per sqft, 10% below the AED 768 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2005 over time

Sales
Unit 2005, 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, February 2011: AED 1,563,716 (AED 897 per sqft)Sold, January 2016: AED 1,875,000 (AED 1,076 per sqft)Sold, June 2022: AED 1,200,000 (AED 688 per sqft)

2005 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2005, 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 2005 sits

All 222 2-beds →

2005 last sold in June 2022 at AED 688 per sqft, 10% below what two-beds in Mag 218 Tower were fetching at the time (AED 768). 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 20th floor

All 550 units in Mag 218 Tower
Value
20012-bedAED 1.6M · Apr 2019
20021-bedAED 689K · Aug 2013
20031-bedAED 720K · Apr 2012
20041-bedAED 1M · May 2022
20062-bedAED 1.29M · Mar 2011
20071-bedAED 1.23M · Nov 2025
20081-bedAED 1M · Nov 2017
1–7 of 9

2005, Mag 218 Tower in numbers

  • Sold 3 times: first on 3 February 2011 for AED 1,563,716, last on 24 June 2022 for AED 1,200,000 (AED 688 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 June 2022.

Questions about 2005, Mag 218 Tower

What did unit 2005 last sell for?

AED 1,200,000 on 24 June 2022: AED 688 per sqft for 1,742 sqft. The unit has 3 registered sales; the first was AED 1,563,716 in February 2011.

How big is unit 2005?

1,742 sqft (161.8 sqm): a two-bedroom apartment on the 20th floor of a 55-storey tower completed in 2010.

What is unit 2005 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 2005, Mag 218 Tower

Starts from the last sale price (AED 1.2M, 24 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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