2407, Mag 218 Tower
Sold prices and rental history: sold once, by the developer in July 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2407, Mag 218 Tower
What is 2407 worth today?
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Source: Dubai Land Department. Updated 20 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 886 sqft
- Floor
- 24th of 55
- Parking
- 1B46
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,900 /yr
- Last sold
- AED 704K · July 2009
- Building
- Mag 218 Tower
About 2407, Mag 218 Tower
2407 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. The developer sold it on 6 July 2009 for AED 704,207, or AED 794 per sqft, in line with the AED 791 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 20 April 2026, is AED 88,000 a year: a gross yield of 12.5% on the 2009 price, before the service charge of about AED 12,900 a year.
Sales and rents for 2407 over time
2407 has sold once; 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 2407 sits
All 333 1-beds →2407 last sold in July 2009 at AED 794 per sqft, in line with what one-beds in Mag 218 Tower were fetching at the time (AED 791). 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. 2407's AED 88,000 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 | |
| 2404 | 1-bed | 886 sqft | AED 1.18MAED 1,180,000 · Dec 2013December 2013 | 80,000 /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 | |
| 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 |
2407, Mag 218 Tower in numbers
- Sold once: by Dream Estate on 6 July 2009 for AED 704,207, or AED 794 per sqft.
- Rented since February 2016 on 4 Ejari contracts, from AED 90,000 to AED 88,000 a year.
- At AED 88,000 a year the gross yield on the 2009 price is 12.5%, 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 20 April 2026.
Questions about 2407, Mag 218 Tower
What did unit 2407 last sell for?
AED 704,207 on 6 July 2009, sold by the developer: AED 794 per sqft for 886 sqft. It is the only registered sale of the unit.
What is the rent for unit 2407?
AED 88,000 a year on the contract renewed on 20 April 2026. The previous contract, from April 2025, was AED 88,000; the unit has been rented since February 2016.
How big is unit 2407?
886 sqft (82.3 sqm): a one-bedroom apartment on the 24th floor of a 55-storey tower completed in 2010.
What is unit 2407 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 2407, Mag 218 Tower
Starts from the last sale price (AED 704K, 6 July 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 704,207
- Deposit, UAE resident (20%)
- AED 140,841
- Deposit, non-resident (40%)
- AED 281,683
- Monthly over 25 years at 3.7%
- AED 2,881
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →