1-bed · 844 sqftMag 218 Tower, Dubai Marina · 41st floor · completed 2010

4108, Mag 218 Tower

Sold prices and rental history: sold 4 times, last in April 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4108 · DLD and Ejari recordsUpdated 20 September 2020
Last soldAED 810K21 April 2013
Current rentAED 50K /yr20 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4108, Mag 218 Tower

What is 4108 worth today?

Last sold for AED 810,000 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Sep 2020RentedRenewal
AED 50,000/yr12 months · AED 60 per sqft
20 Sep 2019RentedRenewal
AED 72,500/yr12 months · AED 86 per sqft
20 Sep 2018RentedRenewal
AED 80,000/yr12 months · AED 95 per sqft
20 Sep 2017RentedNew contract
AED 80,000/yr12 months · AED 95 per sqft
8 May 2016RentedNew contract
AED 110,000/yr12 months · AED 131 per sqft
8 May 2015RentedNew contract
AED 110,000/yr12 months · AED 131 per sqft
31 Aug 2013RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
21 Apr 2013SoldReady
AED 810,000AED 959 per sqft

Source: Dubai Land Department. Updated 20 September 2020.

Key facts

Type
1-bed apartment
Size
844 sqft
Floor
41st of 55
Parking
2P57
Developer
Dream Estate
Completed
2010
Service charge
AED 12,300 /yr
Last sold
AED 810K · April 2013

About 4108, Mag 218 Tower

4108 is a one-bedroom apartment of 844 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 21 April 2013 for AED 810,000, or AED 959 per sqft, 19% above the AED 805 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 20 September 2020, is AED 50,000 a year: a gross yield of 6.2% on the 2013 price, before the service charge of about AED 12,300 a year.

Sales and rents for 4108 over time

Sales
Unit 4108, 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, October 2010: AED 805,881 (AED 954 per sqft)Sold, October 2010: AED 805,881 (AED 954 per sqft)Sold, September 2011: AED 805,882 (AED 954 per sqft)Sold, April 2013: AED 810,000 (AED 959 per sqft)

4108 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4108, each contractTypical one-bed in Mag 218 Tower
50K100K2012201620202024Typical 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 2012: AED 60,000 a yearNew contract, August 2013: AED 60,000 a yearNew contract, May 2015: AED 110,000 a yearNew contract, May 2016: AED 110,000 a yearNew contract, September 2017: AED 80,000 a yearRenewal, September 2018: AED 80,000 a yearRenewal, September 2019: AED 72,500 a yearRenewal, September 2020: AED 50,000 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 4108 sits

All 333 1-beds →

4108 last sold in April 2013 at AED 959 per sqft, 19% above what one-beds in Mag 218 Tower were fetching at the time (AED 805). 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. 4108's AED 50,000 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
41071-bedAED 1M · Apr 2022
1–7 of 9

4108, Mag 218 Tower in numbers

  • Sold 4 times: first on 3 October 2010 for AED 805,881, last on 21 April 2013 for AED 810,000 (AED 959 per sqft).
  • Rented since September 2012 on 8 Ejari contracts, from AED 60,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2013 price is 6.2%, 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 20 September 2020.

Questions about 4108, Mag 218 Tower

What did unit 4108 last sell for?

AED 810,000 on 21 April 2013: AED 959 per sqft for 844 sqft. The unit has 4 registered sales; the first was AED 805,881 in October 2010.

What is the rent for unit 4108?

AED 50,000 a year on the contract renewed on 20 September 2020. The previous contract, from September 2019, was AED 72,500; the unit has been rented since September 2012.

How big is unit 4108?

844 sqft (78.4 sqm): a one-bedroom apartment on the 41st floor of a 55-storey tower completed in 2010.

What is unit 4108 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.

Selling 4108? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 4108, Mag 218 Tower

Starts from the last sale price (AED 810K, 21 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 810,000
Deposit, UAE resident (20%)
AED 162,000
Deposit, non-resident (40%)
AED 324,000
Monthly over 25 years at 3.7%
AED 3,314

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