2-bed · 1,760 sqftMag 218 Tower, Dubai Marina · 21st floor · completed 2010

2106, Mag 218 Tower

Sold prices and rental history: sold twice, last in October 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2106 · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 1.44M27 October 2011
Current rentAED 145K /yr15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2106, Mag 218 Tower

What is 2106 worth today?

Last sold for AED 1,437,588 in 2011

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15 Mar 2024RentedNew contract
AED 145,000/yr12 months · AED 82 per sqft
15 Mar 2024RentedNew contract
AED 145,000/yr12 months · AED 82 per sqft
1 Sep 2022RentedRenewal
AED 85,000/yr12 months · AED 48 per sqft
1 Sep 2022RentedNew contract
AED 90,000/yr12 months · AED 51 per sqft
1 Sep 2021RentedRenewal
AED 85,000/yr12 months · AED 48 per sqft
28 Aug 2020RentedRenewal
AED 85,000/yr12 months · AED 48 per sqft
28 Aug 2019RentedNew contract
AED 95,000/yr12 months · AED 54 per sqft
15 Sep 2018RentedRenewal
AED 120,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 15 March 2024.

Key facts

Type
2-bed apartment
Size
1,760 sqft
Floor
21st of 55
Parking
2B01
Developer
Dream Estate
Completed
2010
Service charge
AED 25,600 /yr
Last sold
AED 1.44M · October 2011

About 2106, Mag 218 Tower

2106 is a two-bedroom apartment of 1,760 sqft on the 21st floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 27 October 2011 for AED 1,437,588, or AED 816 per sqft, in line with the AED 800 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 15 March 2024, is AED 145,000 a year: a gross yield of 10.1% on the 2011 price, before the service charge of about AED 25,600 a year.

Sales and rents for 2106 over time

Sales
Unit 2106, 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 1,437,588 (AED 816 per sqft)Sold, October 2011: AED 1,437,588 (AED 816 per sqft)

2106 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2106, each contractTypical two-bed in Mag 218 Tower
100K150K2012201620202024Typical 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 126,000New contract, August 2013: AED 125,000 a yearNew contract, September 2015: AED 140,000 a yearRenewal, September 2016: AED 140,000 a yearRenewal, September 2017: AED 130,000 a yearRenewal, September 2018: AED 120,000 a yearNew contract, August 2019: AED 95,000 a yearRenewal, August 2020: AED 85,000 a yearRenewal, September 2021: AED 85,000 a yearRenewal, September 2022: AED 85,000 a yearNew contract, September 2022: AED 90,000 a yearNew contract, March 2024: AED 145,000 a yearNew contract, March 2024: AED 145,000 a year

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 2106 sits

All 222 2-beds →

2106 last sold in October 2011 at AED 816 per sqft, in line with what two-beds in Mag 218 Tower were fetching at the time (AED 800). 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. 2106's AED 145,000 is in the lower half of that range.

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 21st floor

All 550 units in Mag 218 Tower
Value
21012-bedAED 2.22M · Jun 2024
21021-bedAED 795K · Apr 2011
21031-bedAED 990K · Aug 2013
21041-bedAED 1.19M · Feb 2026
21052-bedAED 1.83M · Dec 2017
21071-bedAED 699K · Sep 2013
21081-bedAED 1.28M · May 2024
1–7 of 9

2106, Mag 218 Tower in numbers

  • Sold twice: first on 6 July 2009 for AED 1,437,588, last on 27 October 2011 for AED 1,437,588 (AED 816 per sqft).
  • Rented since August 2013 on 12 Ejari contracts. The rent fell from AED 125,000 to AED 85,000 in 2022 and recovered to AED 145,000 by March 2024.
  • At AED 145,000 a year the gross yield on the 2011 price is 10.1%, before a service charge of about AED 25,600 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 15 March 2024.

Questions about 2106, Mag 218 Tower

What did unit 2106 last sell for?

AED 1,437,588 on 27 October 2011: AED 816 per sqft for 1,760 sqft. The unit has 2 registered sales; the first was AED 1,437,588 in July 2009.

What is the rent for unit 2106?

AED 145,000 a year on the contract signed on 15 March 2024. The previous contract, from March 2024, was AED 145,000; the unit has been rented since August 2013.

How big is unit 2106?

1,760 sqft (163.5 sqm): a two-bedroom apartment on the 21st floor of a 55-storey tower completed in 2010.

What is unit 2106 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 2106, Mag 218 Tower

Starts from the last sale price (AED 1.44M, 27 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,437,588
Deposit, UAE resident (20%)
AED 287,518
Deposit, non-resident (40%)
AED 575,035
Monthly over 25 years at 3.7%
AED 5,882

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