2605, Mag 218 Tower
Sold prices and rental history: sold once, by the developer in May 2011, 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 2605, Mag 218 Tower
What is 2605 worth today?
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Source: Dubai Land Department. Updated 12 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,760 sqft
- Floor
- 26th of 55
- Parking
- 3B63
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,600 /yr
- Last sold
- AED 1.4M · May 2011
- Building
- Mag 218 Tower
About 2605, Mag 218 Tower
2605 is a two-bedroom apartment of 1,760 sqft on the 26th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. The developer sold it on 30 May 2011 for AED 1,400,000, or AED 795 per sqft, in line with the AED 800 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 12 December 2024, is AED 139,625 a year: a gross yield of 10.0% on the 2011 price, before the service charge of about AED 25,600 a year.
Sales and rents for 2605 over time
2605 has sold once; 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 2605 sits
All 222 2-beds →2605 last sold in May 2011 at AED 795 per sqft, in line with what two-beds in Mag 218 Tower were fetching at the time (AED 800). 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. 2605's AED 139,625 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 26th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2601 | 2-bed | 1,760 sqft | AED 1.7MAED 1,700,000 · Nov 2015November 2015 | 120,000 /yr | |
| 2602 | 1-bed | 886 sqft | AED 637KAED 636,776 · Jul 2010July 2010 | 90,000 /yr | |
| 2603 | 1-bed | 844 sqft | AED 1.4MAED 1,400,000 · Jul 2015July 2015 | 82,688 /yr | |
| 2604 | 1-bed | 886 sqft | AED 637KAED 636,776 · Nov 2010November 2010 | 48,000 /yr | |
| 2606 | 2-bed | 1,760 sqft | AED 1.6MAED 1,600,000 · Sep 2017September 2017 | 126,498 /yr | |
| 2607 | 1-bed | 886 sqft | AED 1.4MAED 1,400,000 · Sep 2014September 2014 | 83,211 /yr | |
| 2608 | 1-bed | 844 sqft | AED 1MAED 1,000,000 · Jul 2019July 2019 | 55,000 /yr | |
| 2609 | 1-bed | 886 sqft | AED 880KAED 880,000 · Nov 2019November 2019 | 70,000 /yr | |
| 2610 | 2-bed | 1,760 sqft | AED 1.19MAED 1,190,211 · Mar 2012March 2012 | 122,984 /yr |
2605, Mag 218 Tower in numbers
- Sold once: by Dream Estate on 30 May 2011 for AED 1,400,000, or AED 795 per sqft.
- Rented since September 2016 on 10 Ejari contracts. The rent fell from AED 140,000 to AED 108,000 in 2020 and recovered to AED 139,625 by December 2024.
- At AED 139,625 a year the gross yield on the 2011 price is 10.0%, 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 12 December 2024.
Questions about 2605, Mag 218 Tower
What did unit 2605 last sell for?
AED 1,400,000 on 30 May 2011, sold by the developer: AED 795 per sqft for 1,760 sqft. It is the only registered sale of the unit.
What is the rent for unit 2605?
AED 139,625 a year on the contract renewed on 12 December 2024. The previous contract, from December 2024, was AED 139,625; the unit has been rented since September 2016.
How big is unit 2605?
1,760 sqft (163.5 sqm): a two-bedroom apartment on the 26th floor of a 55-storey tower completed in 2010.
What is unit 2605 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 2605, Mag 218 Tower
Starts from the last sale price (AED 1.4M, 30 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →