2505, Mag 218 Tower
Sold prices and rental history: sold twice, last in January 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2505, Mag 218 Tower
What is 2505 worth today?
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Source: Dubai Land Department. Updated 20 October 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,760 sqft
- Floor
- 25th of 55
- Parking
- 1B21
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,600 /yr
- Last sold
- AED 1.6M · January 2013
- Building
- Mag 218 Tower
About 2505, Mag 218 Tower
2505 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 6 January 2013 for AED 1,600,036, or AED 909 per sqft, 13% above the AED 802 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 20 October 2022, is AED 120,000 a year: a gross yield of 7.5% on the 2013 price, before the service charge of about AED 25,600 a year.
Sales and rents for 2505 over time
2505 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 2505 sits
All 222 2-beds →2505 last sold in January 2013 at AED 909 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. 2505's AED 120,000 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 25th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 2-bed | 1,760 sqft | AED 2.03MAED 2,029,033 · Nov 2024November 2024 | 92,000 /yr | |
| 2502 | 1-bed | 886 sqft | AED 650KAED 650,000 · Apr 2021April 2021 | 80,000 /yr | |
| 2503 | 1-bed | 844 sqft | AED 605KAED 605,177 · Sep 2011September 2011 | 80,619 /yr | |
| 2504 | 1-bed | 886 sqft | AED 1.03MAED 1,025,000 · Nov 2016November 2016 | 85,000 /yr | |
| 2506 | 2-bed | 1,760 sqft | AED 2.5MAED 2,500,000 · Mar 2026March 2026 | 112,805 /yr | |
| 2507 | 1-bed | 886 sqft | AED 890KAED 890,000 · Oct 2021October 2021 | 90,000 /yr | |
| 2508 | 1-bed | 844 sqft | AED 652KAED 652,246 · Jul 2009July 2009 | ||
| 2509 | 1-bed | 886 sqft | AED 1.2MAED 1,200,000 · Dec 2023December 2023 | 45,000 /yr | |
| 2510 | 2-bed | 1,760 sqft | AED 1.58MAED 1,575,000 · Jul 2022July 2022 |
2505, Mag 218 Tower in numbers
- Sold twice: first on 6 July 2009 for AED 1,600,036, last on 6 January 2013 for AED 1,600,036 (AED 909 per sqft).
- Rented since December 2012 on 6 Ejari contracts. The rent fell from AED 99,750 to AED 75,000 in 2020 and recovered to AED 120,000 by October 2022.
- At AED 120,000 a year the gross yield on the 2013 price is 7.5%, 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 October 2022.
Questions about 2505, Mag 218 Tower
What did unit 2505 last sell for?
AED 1,600,036 on 6 January 2013: AED 909 per sqft for 1,760 sqft. The unit has 2 registered sales; the first was AED 1,600,036 in July 2009.
What is the rent for unit 2505?
AED 120,000 a year on the contract signed on 20 October 2022. The previous contract, from October 2021, was AED 86,250; the unit has been rented since December 2012.
How big is unit 2505?
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 2505 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 2505, 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 1,600,036
- Deposit, UAE resident (20%)
- AED 320,007
- Deposit, non-resident (40%)
- AED 640,014
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →