2404, Mag 218 Tower
Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2404, Mag 218 Tower
What is 2404 worth today?
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Source: Dubai Land Department. Updated 12 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 886 sqft
- Floor
- 24th of 55
- Parking
- 1B51
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,900 /yr
- Last sold
- AED 1.18M · December 2013
- Building
- Mag 218 Tower
About 2404, Mag 218 Tower
2404 is a one-bedroom apartment of 886 sqft on the 24th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 5 December 2013 for AED 1,180,000, or AED 1,331 per sqft, 35% above the AED 983 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 13 Ejari contracts. The current contract, renewed on 12 October 2026, is AED 80,000 a year: a gross yield of 6.8% on the 2013 price, before the service charge of about AED 12,900 a year.
Sales and rents for 2404 over time
2404 has sold twice; the dashed line is the one-bed median of each year in the building.
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 2404 sits
All 333 1-beds →2404 last sold in December 2013 at AED 1,331 per sqft, 35% above what one-beds in Mag 218 Tower were fetching at the time (AED 983). 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. 2404's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 202617 September 2026 | 844 sqft | 1,050,000 | 1,244 | ||
| 4 Sep 20264 September 2026 | 875 sqft | 1,150,000 | 1,314 | ||
| 14 Jul 202614 July 2026 | 864 sqft | 1,230,000 | 1,423 | ||
| 7 Jul 20267 July 2026 | 908 sqft | 1,250,000 | 1,376 |
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 24th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,760 sqft | AED 1.68MAED 1,676,075 · Oct 2011October 2011 | 105,000 /yr | |
| 2402 | 1-bed | 886 sqft | AED 1.5MAED 1,500,000 · Jan 2014January 2014 | 73,000 /yr | |
| 2403 | 1-bed | 844 sqft | AED 1.1MAED 1,100,000 · Dec 2015December 2015 | 65,000 /yr | |
| 2405 | 2-bed | 1,760 sqft | AED 1.6MAED 1,596,262 · Jan 2013January 2013 | 145,000 /yr | |
| 2406 | 2-bed | 1,760 sqft | AED 2.8MAED 2,800,000 · Jul 2024July 2024 | 50,633 /yr | |
| 2407 | 1-bed | 886 sqft | AED 704KAED 704,207 · Jul 2009July 2009 | 88,000 /yr | |
| 2408 | 1-bed | 844 sqft | AED 1.44MAED 1,435,000 · Mar 2015March 2015 | 92,000 /yr | |
| 2409 | 1-bed | 886 sqft | AED 1.17MAED 1,170,000 · Nov 2025November 2025 | 100,000 /yr | |
| 2410 | 2-bed | 1,760 sqft | AED 2.55MAED 2,550,000 · Sep 2025September 2025 | 145,000 /yr |
2404, Mag 218 Tower in numbers
- Sold twice: first on 25 December 2012 for AED 774,628, last on 5 December 2013 for AED 1,180,000 (AED 1,331 per sqft).
- Rented since September 2017 on 13 Ejari contracts. The rent fell from AED 77,000 to AED 50,000 in 2021 and recovered to AED 80,000 by October 2026.
- At AED 80,000 a year the gross yield on the 2013 price is 6.8%, before a service charge of about AED 12,900 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 12 October 2026.
Questions about 2404, Mag 218 Tower
What did unit 2404 last sell for?
AED 1,180,000 on 5 December 2013: AED 1,331 per sqft for 886 sqft. The unit has 2 registered sales; the first was AED 774,628 in December 2012.
What is the rent for unit 2404?
AED 80,000 a year on the contract renewed on 12 October 2026. The previous contract, from October 2025, was AED 80,000; the unit has been rented since September 2017.
How big is unit 2404?
886 sqft (82.3 sqm): a one-bedroom apartment on the 24th floor of a 55-storey tower completed in 2010.
What is unit 2404 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 2404, Mag 218 Tower
Starts from the last sale price (AED 1.18M, 5 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,180,000
- Deposit, UAE resident (20%)
- AED 236,000
- Deposit, non-resident (40%)
- AED 472,000
- Monthly over 25 years at 3.7%
- AED 4,828
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →