
4005, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in April 2012, 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 4005, Mag 218 Tower
What is 4005 worth today?
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Source: Dubai Land Department. Updated 6 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,779 sqft
- Floor
- 40th of 55
- Parking
- 2P86
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,900 /yr
- Last sold
- AED 1.4M · April 2012
- Building
- Mag 218 Tower
About 4005, Mag 218 Tower
4005 is a two-bedroom apartment of 1,779 sqft on the 40th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 16 April 2012 for AED 1,400,000, or AED 786 per sqft, in line with the AED 800 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 6 September 2026, is AED 130,000 a year: a gross yield of 9.3% on the 2012 price, before the service charge of about AED 25,900 a year.
Sales and rents for 4005 over time
4005 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 4005 sits
All 222 2-beds →4005 last sold in April 2012 at AED 786 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. 4005's AED 130,000 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 40th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4001 | 2-bed | 1,779 sqft | AED 1.71MAED 1,710,000 · Aug 2023August 2023 | 148,500 /yr | |
| 4002 | 1-bed | 898 sqft | AED 1.1MAED 1,100,000 · Dec 2025December 2025 | 75,000 /yr | |
| 4003 | 1-bed | 844 sqft | AED 930KAED 930,000 · Jun 2022June 2022 | 72,000 /yr | |
| 4004 | 1-bed | 898 sqft | AED 1.08MAED 1,075,000 · Sep 2024September 2024 | 89,000 /yr | |
| 4006 | 2-bed | 1,779 sqft | AED 2.43MAED 2,430,000 · Jan 2026January 2026 | 130,000 /yr | |
| 4007 | 1-bed | 898 sqft | AED 1.6MAED 1,600,000 · Nov 2015November 2015 | 77,000 /yr | |
| 4008 | 1-bed | 844 sqft | AED 1.78MAED 1,775,000 · Jun 2014June 2014 | 115,000 /yr | |
| 4009 | 1-bed | 898 sqft | AED 1.23MAED 1,230,000 · Mar 2025March 2025 | 95,000 /yr | |
| 4010 | 2-bed | 1,779 sqft | AED 1.8MAED 1,800,000 · May 2017May 2017 |
4005, Mag 218 Tower in numbers
- Sold 4 times: first on 2 August 2010 for AED 1,519,148, last on 16 April 2012 for AED 1,400,000 (AED 786 per sqft).
- Rented since August 2013 on 13 Ejari contracts. The rent fell from AED 110,000 to AED 78,000 in 2020 and recovered to AED 130,000 by September 2026.
- At AED 130,000 a year the gross yield on the 2012 price is 9.3%, before a service charge of about AED 25,900 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 6 September 2026.
Questions about 4005, Mag 218 Tower
What did unit 4005 last sell for?
AED 1,400,000 on 16 April 2012: AED 786 per sqft for 1,779 sqft. The unit has 4 registered sales; the first was AED 1,519,148 in August 2010.
What is the rent for unit 4005?
AED 130,000 a year on the contract renewed on 6 September 2026. The previous contract, from September 2025, was AED 140,000; the unit has been rented since August 2013.
How big is unit 4005?
1,779 sqft (165.3 sqm): a two-bedroom apartment on the 40th floor of a 55-storey tower completed in 2010.
What is unit 4005 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 4005, Mag 218 Tower
Starts from the last sale price (AED 1.4M, 16 April 2012). 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 →