2801, Mag 218 Tower
Sold prices and rental history: sold 3 times, last in November 2012, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2801, Mag 218 Tower
What is 2801 worth today?
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Source: Dubai Land Department. Updated 5 November 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,760 sqft
- Floor
- 28th of 55
- Parking
- G30
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,600 /yr
- Last sold
- AED 1.35M · November 2012
- Building
- Mag 218 Tower
About 2801, Mag 218 Tower
2801 is a two-bedroom apartment of 1,760 sqft on the 28th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 7 November 2012 for AED 1,350,000, or AED 766 per sqft, 4% below the AED 799 two-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 5 November 2020, is AED 75,000 a year: a gross yield of 5.6% on the 2012 price, before the service charge of about AED 25,600 a year.
Sales and rents for 2801 over time
2801 has sold 3 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 2801 sits
All 222 2-beds →2801 last sold in November 2012 at AED 766 per sqft, 4% below what two-beds in Mag 218 Tower were fetching at the time (AED 799). 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. 2801's AED 75,000 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 28th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2802 | 1-bed | 886 sqft | AED 1.3MAED 1,300,000 · Oct 2024October 2024 | 70,000 /yr | |
| 2803 | 1-bed | 844 sqft | AED 800KAED 800,000 · May 2023May 2023 | 80,000 /yr | |
| 2804 | 1-bed | 886 sqft | AED 1.16MAED 1,160,000 · Mar 2025March 2025 | 85,000 /yr | |
| 2805 | 2-bed | 1,760 sqft | AED 2.07MAED 2,070,000 · Jul 2013July 2013 | ||
| 2806 | 2-bed | 1,760 sqft | AED 2.2MAED 2,200,000 · Jun 2013June 2013 | 160,000 /yr | |
| 2807 | 1-bed | 886 sqft | AED 709KAED 708,800 · Nov 2011November 2011 | 65,000 /yr | |
| 2808 | 1-bed | 844 sqft | AED 675KAED 675,200 · Nov 2011November 2011 | 85,000 /yr | |
| 2809 | 1-bed | 886 sqft | AED 1.3MAED 1,300,000 · Feb 2015February 2015 | 67,000 /yr | |
| 2810 | 2-bed | 1,760 sqft | AED 1.41MAED 1,408,064 · Dec 2012December 2012 | 72,335 /yr |
2801, Mag 218 Tower in numbers
- Sold 3 times: first on 6 July 2009 for AED 1,408,064, last on 7 November 2012 for AED 1,350,000 (AED 766 per sqft).
- Rented since September 2018 on 3 Ejari contracts, from AED 100,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2012 price is 5.6%, 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 5 November 2020.
Questions about 2801, Mag 218 Tower
What did unit 2801 last sell for?
AED 1,350,000 on 7 November 2012: AED 766 per sqft for 1,760 sqft. The unit has 3 registered sales; the first was AED 1,408,064 in July 2009.
What is the rent for unit 2801?
AED 75,000 a year on the contract signed on 5 November 2020. The previous contract, from September 2019, was AED 90,000; the unit has been rented since September 2018.
How big is unit 2801?
1,760 sqft (163.5 sqm): a two-bedroom apartment on the 28th floor of a 55-storey tower completed in 2010.
What is unit 2801 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 2801, Mag 218 Tower
Starts from the last sale price (AED 1.35M, 7 November 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →