2606, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in September 2017, 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 2606, Mag 218 Tower
What is 2606 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 11 September 2017.
Key facts
- Type
- 2-bed apartment
- Size
- 1,760 sqft
- Floor
- 26th of 55
- Parking
- 1B16
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,600 /yr
- Last sold
- AED 1.6M · September 2017
- Building
- Mag 218 Tower
About 2606, Mag 218 Tower
2606 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. It last sold on 11 September 2017 for AED 1,600,000, or AED 909 per sqft, 8% below the AED 990 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 10 June 2017, is AED 126,498 a year: a gross yield of 7.9% on the 2017 price, before the service charge of about AED 25,600 a year.
Sales and rents for 2606 over time
2606 has sold 4 times; 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 2606 sits
All 222 2-beds →2606 last sold in September 2017 at AED 909 per sqft, 8% below what two-beds in Mag 218 Tower were fetching at the time (AED 990). 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. 2606's AED 126,498 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 | |
| 2605 | 2-bed | 1,760 sqft | AED 1.4MAED 1,400,000 · May 2011May 2011 | 139,625 /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 |
2606, Mag 218 Tower in numbers
- Sold 4 times: first on 12 December 2006 for AED 1,190,211, last on 11 September 2017 for AED 1,600,000 (AED 909 per sqft).
- Rented since June 2013 on 6 Ejari contracts, from AED 95,000 to AED 126,498 a year.
- At AED 126,498 a year the gross yield on the 2017 price is 7.9%, 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 11 September 2017.
Questions about 2606, Mag 218 Tower
What did unit 2606 last sell for?
AED 1,600,000 on 11 September 2017: AED 909 per sqft for 1,760 sqft. The unit has 4 registered sales; the first was AED 1,190,211 in December 2006.
What is the rent for unit 2606?
AED 126,498 a year on the contract renewed on 10 June 2017. The previous contract, from June 2016, was AED 126,500; the unit has been rented since June 2013.
How big is unit 2606?
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 2606 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 2606? 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 2606, Mag 218 Tower
Starts from the last sale price (AED 1.6M, 11 September 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- 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 →