1-bed · 898 sqftMag 218 Tower, Dubai Marina · 42nd floor · completed 2010

4204, Mag 218 Tower

Sold prices and rental history: sold 4 times, last in September 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4204 · DLD and Ejari recordsUpdated 2 August 2024
Last soldAED 774K16 September 2021
Current rentAED 85K /yr2 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4204, Mag 218 Tower

What is 4204 worth today?

Last sold for AED 774,000 in 2021

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2 Aug 2024RentedNew contract
AED 85,000/yr12 months · AED 95 per sqft
2 Aug 2024RentedNew contract
AED 85,000/yr12 months · AED 95 per sqft
1 Oct 2022RentedNew contract
AED 54,000/yr12 months · AED 60 per sqft
16 Sep 2021SoldReady
AED 774,000AED 861 per sqft
1 Oct 2019RentedRenewal
AED 45,000/yr12 months · AED 50 per sqft
1 Oct 2018RentedNew contract
AED 47,000/yr12 months · AED 53 per sqft
9 Mar 2015SoldReady
AED 1,200,000AED 1,336 per sqft
17 Sep 2014RentedRenewal
AED 74,750/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 2 August 2024.

Key facts

Type
1-bed apartment
Size
898 sqft
Floor
42nd of 55
Parking
2P77
Developer
Dream Estate
Completed
2010
Service charge
AED 13,100 /yr
Last sold
AED 774K · September 2021

About 4204, Mag 218 Tower

4204 is a one-bedroom apartment of 898 sqft on the 42nd floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 16 September 2021 for AED 774,000, or AED 861 per sqft, 5% above the AED 818 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 2 August 2024, is AED 85,000 a year: a gross yield of 11.0% on the 2021 price, before the service charge of about AED 13,100 a year.

Sales and rents for 4204 over time

Sales
Unit 4204, 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 2011: AED 942,900 (AED 1,049 per sqft)Sold, October 2012: AED 870,000 (AED 968 per sqft)Sold, March 2015: AED 1,200,000 (AED 1,336 per sqft)Sold, September 2021: AED 774,000 (AED 861 per sqft)

4204 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4204, each contractTypical one-bed in Mag 218 Tower
50K75K100K2012201620202024Typical 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 80,000Renewal, September 2014: AED 74,750 a yearNew contract, October 2018: AED 47,000 a yearRenewal, October 2019: AED 45,000 a yearNew contract, October 2022: AED 54,000 a yearNew contract, August 2024: AED 85,000 a yearNew contract, August 2024: AED 85,000 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 4204 sits

All 333 1-beds →

4204 last sold in September 2021 at AED 861 per sqft, 5% above what one-beds in Mag 218 Tower were fetching at the time (AED 818). 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. 4204's AED 85,000 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
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 42nd floor

All 550 units in Mag 218 Tower
Value
42012-bedAED 1.9M · Feb 2015
42021-bedAED 970K · Jun 2023
42031-bedAED 1.05M · May 2026
42052-bedAED 1.59M · Jan 2011
42062-bedAED 2.45M · Jan 2015
42071-bedAED 625K · Jan 2011
42081-bedAED 1.4M · Dec 2015
1–7 of 9

4204, Mag 218 Tower in numbers

  • Sold 4 times: first on 30 May 2011 for AED 942,900, last on 16 September 2021 for AED 774,000 (AED 861 per sqft).
  • Rented since September 2014 on 6 Ejari contracts. The rent fell from AED 74,750 to AED 45,000 in 2019 and recovered to AED 85,000 by August 2024.
  • At AED 85,000 a year the gross yield on the 2021 price is 11.0%, 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 2 August 2024.

Questions about 4204, Mag 218 Tower

What did unit 4204 last sell for?

AED 774,000 on 16 September 2021: AED 861 per sqft for 898 sqft. The unit has 4 registered sales; the first was AED 942,900 in May 2011.

What is the rent for unit 4204?

AED 85,000 a year on the contract signed on 2 August 2024. The previous contract, from August 2024, was AED 85,000; the unit has been rented since September 2014.

How big is unit 4204?

898 sqft (83.4 sqm): a one-bedroom apartment on the 42nd floor of a 55-storey tower completed in 2010.

What is unit 4204 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 4204, Mag 218 Tower

Starts from the last sale price (AED 774K, 16 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 774,000
Deposit, UAE resident (20%)
AED 154,800
Deposit, non-resident (40%)
AED 309,600
Monthly over 25 years at 3.7%
AED 3,167

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