2405, Mag 218 Tower
Sold prices and rental history: sold twice, last in January 2013, 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 2405, Mag 218 Tower
What is 2405 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 7 February 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,760 sqft
- Floor
- 24th of 55
- Parking
- 1B52
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,600 /yr
- Last sold
- AED 1.6M · January 2013
- Building
- Mag 218 Tower
About 2405, Mag 218 Tower
2405 is a two-bedroom apartment of 1,760 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 6 January 2013 for AED 1,596,262, or AED 906 per sqft, 13% above the AED 802 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 7 February 2023, is AED 145,000 a year: a gross yield of 9.1% on the 2013 price, before the service charge of about AED 25,600 a year.
Sales and rents for 2405 over time
2405 has sold twice; 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 2405 sits
All 222 2-beds →2405 last sold in January 2013 at AED 906 per sqft, 13% above what two-beds in Mag 218 Tower were fetching at the time (AED 802). 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. 2405's AED 145,000 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 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 | |
| 2404 | 1-bed | 886 sqft | AED 1.18MAED 1,180,000 · Dec 2013December 2013 | 80,000 /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 |
2405, Mag 218 Tower in numbers
- Sold twice: first on 6 July 2009 for AED 1,596,262, last on 6 January 2013 for AED 1,596,262 (AED 906 per sqft).
- Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 115,000 to AED 80,000 in 2021 and recovered to AED 145,000 by February 2023.
- At AED 145,000 a year the gross yield on the 2013 price is 9.1%, 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 7 February 2023.
Questions about 2405, Mag 218 Tower
What did unit 2405 last sell for?
AED 1,596,262 on 6 January 2013: AED 906 per sqft for 1,760 sqft. The unit has 2 registered sales; the first was AED 1,596,262 in July 2009.
What is the rent for unit 2405?
AED 145,000 a year on the contract signed on 7 February 2023. The previous contract, from January 2021, was AED 80,000; the unit has been rented since November 2013.
How big is unit 2405?
1,760 sqft (163.5 sqm): a two-bedroom apartment on the 24th floor of a 55-storey tower completed in 2010.
What is unit 2405 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.
Selling 2405? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2405, Mag 218 Tower
Starts from the last sale price (AED 1.6M, 6 January 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,596,262
- Deposit, UAE resident (20%)
- AED 319,252
- Deposit, non-resident (40%)
- AED 638,505
- Monthly over 25 years at 3.7%
- AED 6,531
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →