4008, Mag 218 Tower
Sold prices and rental history: sold 5 times, last in June 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4008, Mag 218 Tower
What is 4008 worth today?
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Source: Dubai Land Department. Updated 8 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 40th of 55
- Parking
- 2P52
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 1.78M · June 2014
- Building
- Mag 218 Tower
About 4008, Mag 218 Tower
4008 is a one-bedroom apartment of 844 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 June 2014 for AED 1,775,000, or AED 2,103 per sqft, 64% above the AED 1,280 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 9 Ejari contracts. The current contract, renewed on 8 December 2025, is AED 115,000 a year: a gross yield of 6.5% on the 2014 price, before the service charge of about AED 12,300 a year.
Sales and rents for 4008 over time
4008 has sold 5 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Mag 218 Tower, and where 4008 sits
All 333 1-beds →4008 last sold in June 2014 at AED 2,103 per sqft, 64% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,280). Over the last 12 months one-beds sold for AED 1,025,000 to 1,600,000, around AED 1,365 per sqft, and rent for AED 60,000 to 160,000 a year. 4008's AED 115,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 202617 September 2026 | 844 sqft | 1,050,000 | 1,244 | ||
| 4 Sep 20264 September 2026 | 875 sqft | 1,150,000 | 1,314 | ||
| 14 Jul 202614 July 2026 | 864 sqft | 1,230,000 | 1,423 | ||
| 7 Jul 20267 July 2026 | 908 sqft | 1,250,000 | 1,376 |
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 | |
| 4005 | 2-bed | 1,779 sqft | AED 1.4MAED 1,400,000 · Apr 2012April 2012 | 130,000 /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 | |
| 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 |
4008, Mag 218 Tower in numbers
- Sold 5 times: first on 9 August 2010 for AED 765,766, last on 16 June 2014 for AED 1,775,000 (AED 2,103 per sqft).
- Rented since January 2020 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 52,000 in 2020 and recovered to AED 115,000 by December 2025.
- At AED 115,000 a year the gross yield on the 2014 price is 6.5%, before a service charge of about AED 12,300 a year (AED 14.54 per sqft).
- One-beds in Mag 218 Tower sold for AED 1,025,000–1,600,000 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 8 December 2025.
Questions about 4008, Mag 218 Tower
What did unit 4008 last sell for?
AED 1,775,000 on 16 June 2014: AED 2,103 per sqft for 844 sqft. The unit has 5 registered sales; the first was AED 765,766 in August 2010.
What is the rent for unit 4008?
AED 115,000 a year on the contract renewed on 8 December 2025. The previous contract, from December 2024, was AED 85,000; the unit has been rented since January 2020.
How big is unit 4008?
844 sqft (78.4 sqm): a one-bedroom apartment on the 40th floor of a 55-storey tower completed in 2010.
What is unit 4008 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Mag 218 Tower sold for AED 1,025,000 to 1,600,000 in the last 12 months, around AED 1,365 per sqft.
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Mortgage on 4008, Mag 218 Tower
Starts from the last sale price (AED 1.78M, 16 June 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,775,000
- Deposit, UAE resident (20%)
- AED 355,000
- Deposit, non-resident (40%)
- AED 710,000
- Monthly over 25 years at 3.7%
- AED 7,262
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →