2206, Mag 218 Tower
Sold prices and rental history: sold 3 times, last in November 2019, 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 2206, Mag 218 Tower
What is 2206 worth today?
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Source: Dubai Land Department. Updated 4 November 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,760 sqft
- Floor
- 22nd of 55
- Parking
- 1B36
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,600 /yr
- Last sold
- AED 1.23M · November 2019
- Building
- Mag 218 Tower
About 2206, Mag 218 Tower
2206 is a two-bedroom apartment of 1,760 sqft on the 22nd floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 4 November 2019 for AED 1,230,000, or AED 698 per sqft, in line with the AED 708 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 7 December 2018, is AED 125,000 a year: a gross yield of 10.2% on the 2019 price, before the service charge of about AED 25,600 a year.
Sales and rents for 2206 over time
2206 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 2206 sits
All 222 2-beds →2206 last sold in November 2019 at AED 698 per sqft, in line with what two-beds in Mag 218 Tower were fetching at the time (AED 708). 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. 2206's AED 125,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 1,723 sqft | 1,600,000 | 928 | ||
| 25 Sep 202625 September 2026 | 1,798 sqft | 2,100,000 | 1,167 | ||
| 24 Jun 202624 June 2026 | 1,723 sqft | 2,040,000 | 1,183 | ||
| 19 May 202619 May 2026 | 1,798 sqft | 2,450,000 | 1,362 |
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 22nd floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2201 | 2-bed | 1,760 sqft | AED 2.4MAED 2,400,000 · Jun 2014June 2014 | 115,500 /yr | |
| 2202 | 1-bed | 886 sqft | AED 560KAED 560,000 · Jan 2021January 2021 | 65,000 /yr | |
| 2203 | 1-bed | 844 sqft | AED 610KAED 610,000 · Dec 2020December 2020 | 83,000 /yr | |
| 2204 | 1-bed | 886 sqft | AED 771KAED 770,974 · May 2011May 2011 | 63,000 /yr | |
| 2205 | 2-bed | 1,760 sqft | AED 1.59MAED 1,588,715 · Jan 2011January 2011 | 140,000 /yr | |
| 2207 | 1-bed | 886 sqft | AED 1.02MAED 1,020,000 · Oct 2022October 2022 | 95,000 /yr | |
| 2208 | 1-bed | 844 sqft | AED 1.25MAED 1,250,000 · Sep 2023September 2023 | 65,000 /yr | |
| 2209 | 1-bed | 886 sqft | AED 1MAED 1,000,000 · Mar 2019March 2019 | 65,000 /yr | |
| 2210 | 2-bed | 1,760 sqft | AED 1.48MAED 1,482,801 · Nov 2012November 2012 | 1,280,000 /yr |
2206, Mag 218 Tower in numbers
- Sold 3 times: first on 16 July 2012 for AED 1,441,011, last on 4 November 2019 for AED 1,230,000 (AED 698 per sqft).
- Rented since September 2013 on 6 Ejari contracts, from AED 110,200 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2019 price is 10.2%, 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 4 November 2019.
Questions about 2206, Mag 218 Tower
What did unit 2206 last sell for?
AED 1,230,000 on 4 November 2019: AED 698 per sqft for 1,760 sqft. The unit has 3 registered sales; the first was AED 1,441,011 in July 2012.
What is the rent for unit 2206?
AED 125,000 a year on the contract renewed on 7 December 2018. The previous contract, from December 2017, was AED 125,000; the unit has been rented since September 2013.
How big is unit 2206?
1,760 sqft (163.5 sqm): a two-bedroom apartment on the 22nd floor of a 55-storey tower completed in 2010.
What is unit 2206 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 2206, Mag 218 Tower
Starts from the last sale price (AED 1.23M, 4 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,230,000
- Deposit, UAE resident (20%)
- AED 246,000
- Deposit, non-resident (40%)
- AED 492,000
- Monthly over 25 years at 3.7%
- AED 5,032
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →