2305, Mag 218 Tower
Sold prices and rental history: sold 3 times, last in March 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2305, Mag 218 Tower
What is 2305 worth today?
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Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,760 sqft
- Floor
- 23rd of 55
- Parking
- 1B56
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,600 /yr
- Last sold
- AED 1.23M · March 2021
- Building
- Mag 218 Tower
About 2305, Mag 218 Tower
2305 is a two-bedroom apartment of 1,760 sqft on the 23rd floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 30 March 2021 for AED 1,230,000, or AED 698 per sqft, in line with the AED 693 two-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 September 2024, is AED 140,000 a year: a gross yield of 11.4% on the 2021 price, before the service charge of about AED 25,600 a year.
Sales and rents for 2305 over time
2305 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 2305 sits
All 222 2-beds →2305 last sold in March 2021 at AED 698 per sqft, in line with what two-beds in Mag 218 Tower were fetching at the time (AED 693). 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. 2305's AED 140,000 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 23rd floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,760 sqft | AED 1.25MAED 1,247,465 · Oct 2012October 2012 | 145,000 /yr | |
| 2302 | 1-bed | 886 sqft | AED 1MAED 1,000,000 · Jul 2023July 2023 | 56,000 /yr | |
| 2303 | 1-bed | 844 sqft | AED 425KAED 425,000 · Dec 2012December 2012 | 76,810 /yr | |
| 2304 | 1-bed | 886 sqft | AED 850KAED 850,000 · Oct 2012October 2012 | 80,000 /yr | |
| 2306 | 2-bed | 1,760 sqft | AED 2.5MAED 2,500,000 · Oct 2023October 2023 | 140,000 /yr | |
| 2307 | 1-bed | 886 sqft | AED 1.6MAED 1,600,000 · Nov 2025November 2025 | 125,000 /yr | |
| 2308 | 1-bed | 844 sqft | AED 1.2MAED 1,196,600 · Mar 2017March 2017 | 72,500 /yr | |
| 2309 | 1-bed | 886 sqft | AED 1.77MAED 1,765,000 · Apr 2014April 2014 | 65,000 /yr | |
| 2310 | 2-bed | 1,760 sqft | AED 2.2MAED 2,200,000 · Mar 2025March 2025 | 120,000 /yr |
2305, Mag 218 Tower in numbers
- Sold 3 times: first on 24 February 2013 for AED 1,247,465, last on 30 March 2021 for AED 1,230,000 (AED 698 per sqft).
- Rented since April 2018 on 3 Ejari contracts, from AED 110,000 to AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2021 price is 11.4%, 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 1 September 2024.
Questions about 2305, Mag 218 Tower
What did unit 2305 last sell for?
AED 1,230,000 on 30 March 2021: AED 698 per sqft for 1,760 sqft. The unit has 3 registered sales; the first was AED 1,247,465 in February 2013.
What is the rent for unit 2305?
AED 140,000 a year on the contract signed on 1 September 2024. The previous contract, from September 2024, was AED 140,000; the unit has been rented since April 2018.
How big is unit 2305?
1,760 sqft (163.5 sqm): a two-bedroom apartment on the 23rd floor of a 55-storey tower completed in 2010.
What is unit 2305 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 2305, Mag 218 Tower
Starts from the last sale price (AED 1.23M, 30 March 2021). 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 →