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1-bed · 864 sqftMag 218 Tower, Dubai Marina · 4th floor · completed 2010

407, Mag 218 Tower

Sold prices and rental history: sold 3 times, last in July 2026, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 1.23M14 July 2026
Current rentAED 78K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Mag 218 Tower

What is 407 worth today?

Last sold for AED 1,230,000 in 2026

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1 Aug 2026RentedNew contract
AED 78,000/yr12 months · AED 91 per sqft
14 Jul 2026SoldReady
AED 1,230,000AED 1,423 per sqft
22 Jun 2011SoldReady
AED 654,684AED 757 per sqft
6 Jul 2009Sold by developerOff-plan
AED 654,684AED 757 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
1-bed apartment
Size
864 sqft
Floor
4th of 55
Parking
4P32
Developer
Dream Estate
Completed
2010
Service charge
AED 12,600 /yr
Last sold
AED 1.23M · July 2026
Building
Mag 218 Tower

About 407, Mag 218 Tower

407 is a one-bedroom apartment of 864 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 14 July 2026 for AED 1,230,000, or AED 1,423 per sqft, in line with the AED 1,389 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2026. The current contract, signed on 1 August 2026, is AED 78,000 a year: a gross yield of 6.3% on the 2026 price, before the service charge of about AED 12,600 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Mag 218 Tower
1M2005201120172023Typical sale price by year: 2005 AED 721,665; 2006 AED 715,202; 2008 AED 781,429; 2009 AED 683,640; 2010 AED 724,314; 2011 AED 704,666; 2012 AED 727,380; 2013 AED 982,500; 2014 AED 1,350,000; 2015 AED 1,217,500; 2016 AED 1,100,000; 2017 AED 1,075,000; 2018 AED 995,920; 2019 AED 850,000; 2020 AED 740,000; 2021 AED 779,500; 2022 AED 900,000; 2023 AED 1,000,000; 2024 AED 1,135,000; 2025 AED 1,187,500; 2026 AED 1,185,000Sold by developer, July 2009: AED 654,684 (AED 757 per sqft)Sold, June 2011: AED 654,684 (AED 757 per sqft)Sold, July 2026: AED 1,230,000 (AED 1,423 per sqft)

407 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 407, each contractTypical one-bed in Mag 218 Tower
60K80K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 78,750; 2014 AED 85,675; 2015 AED 92,000; 2016 AED 90,000; 2017 AED 85,000; 2018 AED 78,000; 2019 AED 70,000; 2020 AED 55,000; 2021 AED 52,000; 2022 AED 61,700; 2023 AED 70,350; 2024 AED 81,000; 2025 AED 84,525; 2026 AED 80,000New contract, August 2026: AED 78,000 a year

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 407 sits

All 333 1-beds →

407 last sold in July 2026 at AED 1,423 per sqft, in line with what one-beds in Mag 218 Tower were fetching at the time (AED 1,389). 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. 407's AED 78,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Sep 20261,050,000
4 Sep 20261,150,000
7 Jul 20261,250,000
22 May 20261,025,000
19 1-bed sales in the last 12 months

Mag 218 Tower

Building

550 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%
Mag 218 Tower, Dubai Marina: prices, sales and rents →

Other units on the 4th floor

All 550 units in Mag 218 Tower
Value
4012-bedAED 1.2M · Jan 2019
4021-bedAED 829K · Apr 2022
4031-bedAED 550K · May 2012
4041-bedAED 1.05M · Oct 2013
4052-bedAED 1.55M · Apr 2018
4062-bedAED 2.04M · Jun 2026
4081-bedAED 700K · Jan 2020
1–7 of 9

407, Mag 218 Tower in numbers

  • Sold 3 times: first on 6 July 2009 for AED 654,684, last on 14 July 2026 for AED 1,230,000 (AED 1,423 per sqft).
  • Rented since August 2026 on one Ejari contract, at AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2026 price is 6.3%, before a service charge of about AED 12,600 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 1 August 2026.

Questions about 407, Mag 218 Tower

What did unit 407 last sell for?

AED 1,230,000 on 14 July 2026: AED 1,423 per sqft for 864 sqft. The unit has 3 registered sales; the first was AED 654,684 in July 2009.

What is the rent for unit 407?

AED 78,000 a year on the contract signed on 1 August 2026.

How big is unit 407?

864 sqft (80.3 sqm): a one-bedroom apartment on the 4th floor of a 55-storey tower completed in 2010.

What is unit 407 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 407, Mag 218 Tower

Starts from the last sale price (AED 1.23M, 14 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,230,000
Deposit, UAE resident (20%)
AED 246,000
Deposit, non-resident (40%)
AED 492,000
Monthly over 25 years at 3.7%
AED 5,032

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →