2-bed · 1,760 sqftMag 218 Tower, Dubai Marina · 25th floor · completed 2010

2501, Mag 218 Tower

Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2501 · DLD and Ejari recordsUpdated 20 November 2024
Last soldAED 2.03M20 November 2024
Current rentAED 92K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2501, Mag 218 Tower

What is 2501 worth today?

Last sold for AED 2,029,033 in 2024

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20 Nov 2024SoldReady
AED 2,029,033AED 1,152 per sqft
1 Oct 2024RentedNew contract
AED 92,000/yr12 months · AED 52 per sqft
1 Oct 2019RentedNew contract
AED 80,000/yr12 months · AED 45 per sqft
20 Sep 2015RentedNew contract
AED 150,000/yr12 months · AED 85 per sqft
15 Sep 2014RentedNew contract
AED 130,000/yr12 months · AED 74 per sqft
24 Jun 2014SoldReady
AED 2,450,000AED 1,391 per sqft
1 Sep 2013RentedRenewal
AED 95,000/yr12 months · AED 54 per sqft
1 Sep 2012RentedNew contract
AED 95,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 20 November 2024.

Key facts

Type
2-bed apartment
Size
1,760 sqft
Floor
25th of 55
Parking
1B30
Developer
Dream Estate
Completed
2010
Service charge
AED 25,600 /yr
Last sold
AED 2.03M · November 2024

About 2501, Mag 218 Tower

2501 is a two-bedroom apartment of 1,760 sqft on the 25th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 20 November 2024 for AED 2,029,033, or AED 1,152 per sqft, in line with the AED 1,160 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 1 October 2024, is AED 92,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 25,600 a year.

Sales and rents for 2501 over time

Sales
Unit 2501, each saleTypical two-bed in Mag 218 Tower
1M2M2006201220182024Typical sale price by year: 2006 AED 1,318,478; 2009 AED 1,437,450; 2010 AED 1,377,898; 2011 AED 1,423,264; 2012 AED 1,415,209; 2013 AED 1,700,000; 2014 AED 2,275,000; 2015 AED 1,950,000; 2016 AED 1,800,000; 2017 AED 1,840,000; 2018 AED 1,550,000; 2019 AED 1,215,000; 2020 AED 1,150,000; 2021 AED 1,215,000; 2022 AED 1,534,583; 2023 AED 1,797,500; 2024 AED 2,175,000; 2025 AED 2,200,000; 2026 AED 2,265,000Sold by developer, January 2011: AED 1,100,000 (AED 624 per sqft)Sold, January 2011: AED 1,680,038 (AED 954 per sqft)Sold, June 2014: AED 2,450,000 (AED 1,391 per sqft)Sold, November 2024: AED 2,029,033 (AED 1,152 per sqft)

2501 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2501, each contractTypical two-bed in Mag 218 Tower
100K150K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 130,000; 2015 AED 137,634; 2016 AED 135,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 104,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 96,800; 2023 AED 105,500; 2024 AED 126,000; 2025 AED 130,000; 2026 AED 126,000New contract, September 2012: AED 95,000 a yearRenewal, September 2013: AED 95,000 a yearNew contract, September 2014: AED 130,000 a yearNew contract, September 2015: AED 150,000 a yearNew contract, October 2019: AED 80,000 a yearNew contract, October 2024: AED 92,000 a year

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 2501 sits

All 222 2-beds →

2501 last sold in November 2024 at AED 1,152 per sqft, in line with what two-beds in Mag 218 Tower were fetching at the time (AED 1,160). 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. 2501's AED 92,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20261,600,000
25 Sep 20262,100,000
24 Jun 20262,040,000
19 May 20262,450,000
8 2-bed sales in the last 12 months

Mag 218 Tower

Building

550 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%
Mag 218 Tower, Dubai Marina: prices, sales and rents →

Other units on the 25th floor

All 550 units in Mag 218 Tower
Value
25021-bedAED 650K · Apr 2021
25031-bedAED 605K · Sep 2011
25041-bedAED 1.03M · Nov 2016
25052-bedAED 1.6M · Jan 2013
25062-bedAED 2.5M · Mar 2026
25071-bedAED 890K · Oct 2021
25081-bedAED 652K · Jul 2009
1–7 of 9

2501, Mag 218 Tower in numbers

  • Sold 4 times: first on 10 January 2011 for AED 1,680,038, last on 20 November 2024 for AED 2,029,033 (AED 1,152 per sqft).
  • Rented since September 2012 on 6 Ejari contracts. The rent fell from AED 95,000 to AED 80,000 in 2019 and recovered to AED 92,000 by October 2024.
  • At AED 92,000 a year the gross yield on the 2024 price is 4.5%, 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 20 November 2024.

Questions about 2501, Mag 218 Tower

What did unit 2501 last sell for?

AED 2,029,033 on 20 November 2024: AED 1,152 per sqft for 1,760 sqft. The unit has 4 registered sales; the first was AED 1,680,038 in January 2011.

What is the rent for unit 2501?

AED 92,000 a year on the contract signed on 1 October 2024. The previous contract, from October 2019, was AED 80,000; the unit has been rented since September 2012.

How big is unit 2501?

1,760 sqft (163.5 sqm): a two-bedroom apartment on the 25th floor of a 55-storey tower completed in 2010.

What is unit 2501 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 2501, Mag 218 Tower

Starts from the last sale price (AED 2.03M, 20 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,029,033
Deposit, UAE resident (20%)
AED 405,807
Deposit, non-resident (40%)
AED 811,613
Monthly over 25 years at 3.7%
AED 8,301

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →