406, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in June 2026, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Mag 218 Tower
What is 406 worth today?
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Source: Dubai Land Department. Updated 24 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,723 sqft
- Floor
- 4th of 55
- Parking
- 4P42
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,100 /yr
- Last sold
- AED 2.04M · June 2026
- Building
- Mag 218 Tower
About 406, Mag 218 Tower
406 is a two-bedroom apartment of 1,723 sqft on the 4th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 24 June 2026 for AED 2,040,000, or AED 1,183 per sqft, 13% below the AED 1,364 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 29 January 2018, is AED 115,000 a year: a gross yield of 5.6% on the 2026 price, before the service charge of about AED 25,100 a year.
Sales and rents for 406 over time
406 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 406 sits
All 222 2-beds →406 last sold in June 2026 at AED 1,183 per sqft, 13% below what two-beds in Mag 218 Tower were fetching at the time (AED 1,364). 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. 406's AED 115,000 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 | ||
| 19 May 202619 May 2026 | 1,798 sqft | 2,450,000 | 1,362 | ||
| 14 May 202614 May 2026 | 1,596 sqft | 2,450,000 | 1,535 |
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 4th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,723 sqft | AED 1.2MAED 1,200,000 · Jan 2019January 2019 | 110,000 /yr | |
| 402 | 1-bed | 864 sqft | AED 829KAED 829,000 · Apr 2022April 2022 | 76,975 /yr | |
| 403 | 1-bed | 844 sqft | AED 550KAED 550,000 · May 2012May 2012 | 82,000 /yr | |
| 404 | 1-bed | 864 sqft | AED 1.05MAED 1,050,000 · Oct 2013October 2013 | 66,000 /yr | |
| 405 | 2-bed | 1,723 sqft | AED 1.55MAED 1,550,000 · Apr 2018April 2018 | 140,000 /yr | |
| 407 | 1-bed | 864 sqft | AED 1.23MAED 1,230,000 · Jul 2026July 2026 | 78,000 /yr | |
| 408 | 1-bed | 844 sqft | AED 700KAED 700,000 · Jan 2020January 2020 | 90,000 /yr | |
| 409 | 1-bed | 864 sqft | AED 1MAED 1,000,000 · Feb 2020February 2020 | 80,000 /yr | |
| 410 | 2-bed | 1,723 sqft | AED 1.49MAED 1,486,228 · Oct 2011October 2011 | 155,000 /yr |
406, Mag 218 Tower in numbers
- Sold 4 times: first on 4 February 2013 for AED 1,486,228, last on 24 June 2026 for AED 2,040,000 (AED 1,183 per sqft).
- Rented since January 2015 on 4 Ejari contracts, from AED 135,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2026 price is 5.6%, before a service charge of about AED 25,100 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 24 June 2026.
Questions about 406, Mag 218 Tower
What did unit 406 last sell for?
AED 2,040,000 on 24 June 2026: AED 1,183 per sqft for 1,723 sqft. The unit has 4 registered sales; the first was AED 1,486,228 in February 2013.
What is the rent for unit 406?
AED 115,000 a year on the contract signed on 29 January 2018. The previous contract, from January 2017, was AED 138,000; the unit has been rented since January 2015.
How big is unit 406?
1,723 sqft (160.1 sqm): a two-bedroom apartment on the 4th floor of a 55-storey tower completed in 2010.
What is unit 406 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 406, Mag 218 Tower
Starts from the last sale price (AED 2.04M, 24 June 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 2,040,000
- Deposit, UAE resident (20%)
- AED 408,000
- Deposit, non-resident (40%)
- AED 816,000
- Monthly over 25 years at 3.7%
- AED 8,346
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →