2-bed · 1,779 sqftMag 218 Tower, Dubai Marina · 42nd floor · completed 2010

4206, Mag 218 Tower

Sold prices and rental history: sold twice, last in January 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4206 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 2.45M20 January 2015
Current rentAED 106K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4206, Mag 218 Tower

What is 4206 worth today?

Last sold for AED 2,450,000 in 2015

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1 Mar 2024RentedRenewal
AED 106,000/yr3 months · AED 60 per sqft
1 Mar 2024RentedRenewal
AED 106,000/yr3 months · AED 60 per sqft
1 Mar 2023RentedRenewal
AED 106,000/yr12 months · AED 60 per sqft
1 Mar 2022RentedRenewal
AED 106,000/yr12 months · AED 60 per sqft
1 Mar 2021RentedNew contract
AED 106,000/yr12 months · AED 60 per sqft
23 Feb 2020RentedRenewal
AED 110,000/yr12 months · AED 62 per sqft
23 Jan 2019RentedRenewal
AED 101,538/yr13 months · AED 57 per sqft
23 Jan 2018RentedNew contract
AED 135,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
2-bed apartment
Size
1,779 sqft
Floor
42nd of 55
Parking
2P41
Developer
Dream Estate
Completed
2010
Service charge
AED 25,900 /yr
Last sold
AED 2.45M · January 2015

About 4206, Mag 218 Tower

4206 is a two-bedroom apartment of 1,779 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 20 January 2015 for AED 2,450,000, or AED 1,377 per sqft, 8% above the AED 1,279 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 106,000 a year: a gross yield of 4.3% on the 2015 price, before the service charge of about AED 25,900 a year.

Sales and rents for 4206 over time

Sales
Unit 4206, each saleTypical two-bed in Mag 218 Tower
1M2M2006201220182024Typical sale price by year: 2006 AED 1,318,478; 2009 AED 1,437,450; 2010 AED 1,377,898; 2011 AED 1,423,264; 2012 AED 1,415,209; 2013 AED 1,700,000; 2014 AED 2,275,000; 2015 AED 1,950,000; 2016 AED 1,800,000; 2017 AED 1,840,000; 2018 AED 1,550,000; 2019 AED 1,215,000; 2020 AED 1,150,000; 2021 AED 1,215,000; 2022 AED 1,534,583; 2023 AED 1,797,500; 2024 AED 2,175,000; 2025 AED 2,200,000; 2026 AED 2,265,000Sold by developer, January 2013: AED 1,402,317 (AED 788 per sqft)Sold, January 2015: AED 2,450,000 (AED 1,377 per sqft)

4206 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4206, each contractTypical two-bed in Mag 218 Tower
100K150K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 130,000; 2015 AED 137,634; 2016 AED 135,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 104,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 96,800; 2023 AED 105,500; 2024 AED 126,000; 2025 AED 130,000; 2026 AED 126,000New contract, July 2012: AED 115,000 a yearRenewal, July 2013: AED 115,000 a yearNew contract, December 2015: AED 155,000 a yearNew contract, January 2017: AED 145,000 a yearNew contract, January 2018: AED 135,000 a yearRenewal, January 2019: AED 101,538 a yearRenewal, February 2020: AED 110,000 a yearNew contract, March 2021: AED 106,000 a yearRenewal, March 2022: AED 106,000 a yearRenewal, March 2023: AED 106,000 a yearRenewal, March 2024: AED 106,000 a yearRenewal, March 2024: AED 106,000 a year

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 4206 sits

All 222 2-beds →

4206 last sold in January 2015 at AED 1,377 per sqft, 8% above what two-beds in Mag 218 Tower were fetching at the time (AED 1,279). 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. 4206's AED 106,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20261,600,000
25 Sep 20262,100,000
24 Jun 20262,040,000
19 May 20262,450,000
8 2-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
42041-bedAED 774K · Sep 2021
42052-bedAED 1.59M · Jan 2011
42071-bedAED 625K · Jan 2011
42081-bedAED 1.4M · Dec 2015
1–7 of 9

4206, Mag 218 Tower in numbers

  • Sold twice: first on 6 January 2013 for AED 1,402,317, last on 20 January 2015 for AED 2,450,000 (AED 1,377 per sqft).
  • Rented since July 2012 on 12 Ejari contracts, from AED 115,000 to AED 106,000 a year.
  • At AED 106,000 a year the gross yield on the 2015 price is 4.3%, before a service charge of about AED 25,900 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 1 March 2024.

Questions about 4206, Mag 218 Tower

What did unit 4206 last sell for?

AED 2,450,000 on 20 January 2015: AED 1,377 per sqft for 1,779 sqft. The unit has 2 registered sales; the first was AED 1,402,317 in January 2013.

What is the rent for unit 4206?

AED 106,000 a year on the contract renewed on 1 March 2024. The previous contract, from March 2024, was AED 106,000; the unit has been rented since July 2012.

How big is unit 4206?

1,779 sqft (165.3 sqm): a two-bedroom apartment on the 42nd floor of a 55-storey tower completed in 2010.

What is unit 4206 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 4206, Mag 218 Tower

Starts from the last sale price (AED 2.45M, 20 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

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