1-bed · 864 sqftMag 218 Tower, Dubai Marina · 2nd floor · completed 2010

209, Mag 218 Tower

Sold prices and rental history: sold twice, last in April 2011, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 20 June 2024
Last soldAED 651K19 April 2011
Current rentAED 66K /yr20 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Mag 218 Tower

What is 209 worth today?

Last sold for AED 651,443 in 2011

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20 Jun 2024RentedRenewal
AED 66,000/yr12 months · AED 77 per sqft
20 Jun 2024RentedRenewal
AED 66,000/yr12 months · AED 77 per sqft
20 Jun 2023RentedRenewal
AED 55,000/yr12 months · AED 64 per sqft
20 Jun 2022RentedRenewal
AED 50,000/yr12 months · AED 58 per sqft
20 Jun 2021RentedRenewal
AED 42,000/yr12 months · AED 49 per sqft
20 Jun 2020RentedRenewal
AED 52,000/yr12 months · AED 60 per sqft
20 Jun 2019RentedRenewal
AED 63,000/yr12 months · AED 73 per sqft
20 Jun 2018RentedNew contract
AED 70,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 20 June 2024.

Key facts

Type
1-bed apartment
Size
864 sqft
Floor
2nd of 55
Parking
4P47
Developer
Dream Estate
Completed
2010
Service charge
AED 12,600 /yr
Last sold
AED 651K · April 2011

About 209, Mag 218 Tower

209 is a one-bedroom apartment of 864 sqft on the 2nd floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 19 April 2011 for AED 651,443, or AED 753 per sqft, 6% below the AED 799 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 20 June 2024, is AED 66,000 a year: a gross yield of 10.1% on the 2011 price, before the service charge of about AED 12,600 a year.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical one-bed in Mag 218 Tower
1M2005201120172023Typical sale price by year: 2005 AED 721,665; 2006 AED 715,202; 2008 AED 781,429; 2009 AED 683,640; 2010 AED 724,314; 2011 AED 704,666; 2012 AED 727,380; 2013 AED 982,500; 2014 AED 1,350,000; 2015 AED 1,217,500; 2016 AED 1,100,000; 2017 AED 1,075,000; 2018 AED 995,920; 2019 AED 850,000; 2020 AED 740,000; 2021 AED 779,500; 2022 AED 900,000; 2023 AED 1,000,000; 2024 AED 1,135,000; 2025 AED 1,187,500; 2026 AED 1,185,000Sold by developer, July 2009: AED 651,443 (AED 753 per sqft)Sold, April 2011: AED 651,443 (AED 753 per sqft)

209 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 209, each contractTypical one-bed in Mag 218 Tower
50K75K100K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 78,750; 2014 AED 85,675; 2015 AED 92,000; 2016 AED 90,000; 2017 AED 85,000; 2018 AED 78,000; 2019 AED 70,000; 2020 AED 55,000; 2021 AED 52,000; 2022 AED 61,700; 2023 AED 70,350; 2024 AED 81,000; 2025 AED 84,525; 2026 AED 80,000New contract, June 2018: AED 70,000 a yearRenewal, June 2019: AED 63,000 a yearRenewal, June 2020: AED 52,000 a yearRenewal, June 2021: AED 42,000 a yearRenewal, June 2022: AED 50,000 a yearRenewal, June 2023: AED 55,000 a yearRenewal, June 2024: AED 66,000 a yearRenewal, June 2024: AED 66,000 a year

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 209 sits

All 333 1-beds →

209 last sold in April 2011 at AED 753 per sqft, 6% below what one-beds in Mag 218 Tower were fetching at the time (AED 799). 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. 209's AED 66,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Sep 20261,050,000
4 Sep 20261,150,000
14 Jul 20261,230,000
7 Jul 20261,250,000
19 1-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 2nd floor

All 550 units in Mag 218 Tower
Value
2012-bedAED 1.8M · Apr 2025
2021-bedAED 725K · May 2022
2031-bedAED 1.05M · Sep 2026
2041-bedAED 675K · Jan 2019
2052-bedAED 1.33M · Aug 2021
2062-bedAED 2.25M · Dec 2024
2071-bedAED 850K · Apr 2011
1–7 of 9

209, Mag 218 Tower in numbers

  • Sold twice: first on 6 July 2009 for AED 651,443, last on 19 April 2011 for AED 651,443 (AED 753 per sqft).
  • Rented since June 2018 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 42,000 in 2021 and recovered to AED 66,000 by June 2024.
  • At AED 66,000 a year the gross yield on the 2011 price is 10.1%, before a service charge of about AED 12,600 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 20 June 2024.

Questions about 209, Mag 218 Tower

What did unit 209 last sell for?

AED 651,443 on 19 April 2011: AED 753 per sqft for 864 sqft. The unit has 2 registered sales; the first was AED 651,443 in July 2009.

What is the rent for unit 209?

AED 66,000 a year on the contract renewed on 20 June 2024. The previous contract, from June 2024, was AED 66,000; the unit has been rented since June 2018.

How big is unit 209?

864 sqft (80.3 sqm): a one-bedroom apartment on the 2nd floor of a 55-storey tower completed in 2010.

What is unit 209 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 209, Mag 218 Tower

Starts from the last sale price (AED 651K, 19 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 651,443
Deposit, UAE resident (20%)
AED 130,289
Deposit, non-resident (40%)
AED 260,577
Monthly over 25 years at 3.7%
AED 2,665

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