1-bed · 898 sqftMag 218 Tower, Dubai Marina · 41st floor · completed 2010

4107, Mag 218 Tower

Sold prices and rental history: sold 3 times, last in April 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4107 · DLD and Ejari recordsUpdated 19 April 2022
Last soldAED 1M19 April 2022
Current rentAED 60K /yr20 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4107, Mag 218 Tower

What is 4107 worth today?

Last sold for AED 1,000,000 in 2022

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19 Apr 2022SoldReady
AED 1,000,000AED 1,113 per sqft
20 Oct 2020RentedRenewal
AED 60,000/yr12 months · AED 67 per sqft
20 Oct 2019RentedNew contract
AED 75,000/yr12 months · AED 84 per sqft
20 Oct 2018RentedNew contract
AED 78,000/yr12 months · AED 87 per sqft
1 Oct 2017RentedNew contract
AED 85,000/yr12 months · AED 95 per sqft
17 Sep 2016RentedNew contract
AED 85,000/yr12 months · AED 95 per sqft
19 Sep 2013RentedNew contract
AED 85,000/yr12 months · AED 95 per sqft
3 Jul 2013SoldReady
AED 1,050,000AED 1,169 per sqft

Source: Dubai Land Department. Updated 19 April 2022.

Key facts

Type
1-bed apartment
Size
898 sqft
Floor
41st of 55
Parking
2P58
Developer
Dream Estate
Completed
2010
Service charge
AED 13,100 /yr
Last sold
AED 1M · April 2022

About 4107, Mag 218 Tower

4107 is a one-bedroom apartment of 898 sqft on the 41st floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 19 April 2022 for AED 1,000,000, or AED 1,113 per sqft, 19% above the AED 936 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 20 October 2020, is AED 60,000 a year: a gross yield of 6.0% on the 2022 price, before the service charge of about AED 13,100 a year.

Sales and rents for 4107 over time

Sales
Unit 4107, 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, May 2013: AED 880,000 (AED 979 per sqft)Sold, July 2013: AED 1,050,000 (AED 1,169 per sqft)Sold, April 2022: AED 1,000,000 (AED 1,113 per sqft)

4107 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4107, 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, September 2013: AED 85,000 a yearNew contract, September 2016: AED 85,000 a yearNew contract, October 2017: AED 85,000 a yearNew contract, October 2018: AED 78,000 a yearNew contract, October 2019: AED 75,000 a yearRenewal, October 2020: AED 60,000 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 4107 sits

All 333 1-beds →

4107 last sold in April 2022 at AED 1,113 per sqft, 19% above what one-beds in Mag 218 Tower were fetching at the time (AED 936). 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. 4107's AED 60,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Sep 20261,050,000
4 Sep 20261,150,000
14 Jul 20261,230,000
7 Jul 20261,250,000
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 41st floor

All 550 units in Mag 218 Tower
Value
41012-bedAED 2.16M · Nov 2013
41021-bedAED 1.22M · Nov 2024
41031-bedAED 1.45M · Nov 2015
41041-bedAED 1.03M · May 2026
41052-bedAED 1.76M · Sep 2022
41062-bedAED 1.45M · May 2012
41081-bedAED 810K · Apr 2013
1–7 of 9

4107, Mag 218 Tower in numbers

  • Sold 3 times: first on 6 May 2013 for AED 880,000, last on 19 April 2022 for AED 1,000,000 (AED 1,113 per sqft).
  • Rented since September 2013 on 6 Ejari contracts, from AED 85,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 6.0%, before a service charge of about AED 13,100 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 19 April 2022.

Questions about 4107, Mag 218 Tower

What did unit 4107 last sell for?

AED 1,000,000 on 19 April 2022: AED 1,113 per sqft for 898 sqft. The unit has 3 registered sales; the first was AED 880,000 in May 2013.

What is the rent for unit 4107?

AED 60,000 a year on the contract renewed on 20 October 2020. The previous contract, from October 2019, was AED 75,000; the unit has been rented since September 2013.

How big is unit 4107?

898 sqft (83.4 sqm): a one-bedroom apartment on the 41st floor of a 55-storey tower completed in 2010.

What is unit 4107 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 4107, Mag 218 Tower

Starts from the last sale price (AED 1M, 19 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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