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

4207, Mag 218 Tower

Sold prices and rental history: sold 3 times, last in January 2011, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4207 · DLD and Ejari recordsUpdated 3 November 2024
Last soldAED 625K18 January 2011
Current rentAED 110K /yr3 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4207, Mag 218 Tower

What is 4207 worth today?

Last sold for AED 625,000 in 2011

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3 Nov 2024RentedRenewal
AED 110,000/yr12 months · AED 123 per sqft
3 Nov 2024RentedRenewal
AED 110,000/yr12 months · AED 123 per sqft
3 Nov 2023RentedRenewal
AED 89,000/yr12 months · AED 100 per sqft
3 Nov 2022RentedNew contract
AED 85,000/yr12 months · AED 95 per sqft
18 Jan 2011SoldReady
AED 625,000AED 695 per sqft
5 Apr 2010Sold by developerOff-plan
AED 625,000AED 695 per sqft
5 Apr 2010SoldOff-plan
AED 625,000AED 695 per sqft

Source: Dubai Land Department. Updated 3 November 2024.

Key facts

Type
1-bed apartment
Size
898 sqft
Floor
42nd of 55
Parking
1P37
Developer
Dream Estate
Completed
2010
Service charge
AED 13,100 /yr
Last sold
AED 625K · January 2011

About 4207, Mag 218 Tower

4207 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 18 January 2011 for AED 625,000, or AED 695 per sqft, 13% below the AED 800 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 3 November 2024, is AED 110,000 a year: a gross yield of 17.6% on the 2011 price, before the service charge of about AED 13,100 a year.

Sales and rents for 4207 over time

Sales
Unit 4207, each saleTypical one-bed in Mag 218 Tower
500K1M2005201120172023Typical 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, April 2010: AED 625,000 (AED 695 per sqft)Sold, April 2010: AED 625,000 (AED 695 per sqft)Sold, January 2011: AED 625,000 (AED 695 per sqft)

4207 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4207, 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, November 2022: AED 85,000 a yearRenewal, November 2023: AED 89,000 a yearRenewal, November 2024: AED 110,000 a yearRenewal, November 2024: AED 110,000 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 4207 sits

All 333 1-beds →

4207 last sold in January 2011 at AED 695 per sqft, 13% below what one-beds in Mag 218 Tower were fetching at the time (AED 800). 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. 4207's AED 110,000 is in the upper 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
42041-bedAED 774K · Sep 2021
42052-bedAED 1.59M · Jan 2011
42062-bedAED 2.45M · Jan 2015
42081-bedAED 1.4M · Dec 2015
1–7 of 9

4207, Mag 218 Tower in numbers

  • Sold 3 times: first on 5 April 2010 for AED 625,000, last on 18 January 2011 for AED 625,000 (AED 695 per sqft).
  • Rented since November 2022 on 4 Ejari contracts, from AED 85,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2011 price is 17.6%, 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 3 November 2024.

Questions about 4207, Mag 218 Tower

What did unit 4207 last sell for?

AED 625,000 on 18 January 2011: AED 695 per sqft for 898 sqft. The unit has 3 registered sales; the first was AED 625,000 in April 2010.

What is the rent for unit 4207?

AED 110,000 a year on the contract renewed on 3 November 2024. The previous contract, from November 2024, was AED 110,000; the unit has been rented since November 2022.

How big is unit 4207?

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

What is unit 4207 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 4207, Mag 218 Tower

Starts from the last sale price (AED 625K, 18 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

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