4304, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4304, Mag 218 Tower
What is 4304 worth today?
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Source: Dubai Land Department. Updated 11 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 898 sqft
- Floor
- 43rd of 55
- Parking
- 2P73
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 13,100 /yr
- Last sold
- AED 1.05M · September 2024
- Building
- Mag 218 Tower
About 4304, Mag 218 Tower
4304 is a one-bedroom apartment of 898 sqft on the 43rd floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 11 September 2024 for AED 1,050,000, or AED 1,169 per sqft, 10% below the AED 1,305 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 21 October 2022, is AED 60,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 13,100 a year.
Sales and rents for 4304 over time
4304 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 4304 sits
All 333 1-beds →4304 last sold in September 2024 at AED 1,169 per sqft, 10% below what one-beds in Mag 218 Tower were fetching at the time (AED 1,305). 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. 4304's AED 60,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 202617 September 2026 | 844 sqft | 1,050,000 | 1,244 | ||
| 4 Sep 20264 September 2026 | 875 sqft | 1,150,000 | 1,314 | ||
| 14 Jul 202614 July 2026 | 864 sqft | 1,230,000 | 1,423 | ||
| 7 Jul 20267 July 2026 | 908 sqft | 1,250,000 | 1,376 |
Mag 218 Tower
Building550 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%
Other units on the 43rd floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4301 | 2-bed | 1,779 sqft | AED 1.31MAED 1,314,004 · Nov 2011November 2011 | 130,000 /yr | |
| 4302 | 1-bed | 898 sqft | AED 1.25MAED 1,250,000 · Dec 2024December 2024 | 75,000 /yr | |
| 4303 | 1-bed | 844 sqft | AED 662KAED 662,348 · Jan 2015January 2015 | 80,000 /yr | |
| 4305 | 2-bed | 1,779 sqft | AED 2.02MAED 2,020,000 · May 2023May 2023 | 102,500 /yr | |
| 4306 | 2-bed | 1,779 sqft | AED 1.98MAED 1,980,000 · Apr 2018April 2018 | 150,000 /yr | |
| 4307 | 1-bed | 898 sqft | AED 900KAED 900,000 · Dec 2021December 2021 | 55,000 /yr | |
| 4308 | 1-bed | 844 sqft | AED 1.15MAED 1,150,000 · May 2023May 2023 | 95,000 /yr | |
| 4309 | 1-bed | 898 sqft | AED 1.05MAED 1,050,000 · Dec 2012December 2012 | 85,000 /yr | |
| 4310 | 2-bed | 1,779 sqft | AED 1.9MAED 1,900,000 · Nov 2023November 2023 | 96,800 /yr |
4304, Mag 218 Tower in numbers
- Sold 4 times: first on 21 April 2011 for AED 714,000, last on 11 September 2024 for AED 1,050,000 (AED 1,169 per sqft).
- Rented since May 2014 on 8 Ejari contracts, from AED 110,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2024 price is 5.7%, 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 11 September 2024.
Questions about 4304, Mag 218 Tower
What did unit 4304 last sell for?
AED 1,050,000 on 11 September 2024: AED 1,169 per sqft for 898 sqft. The unit has 4 registered sales; the first was AED 714,000 in April 2011.
What is the rent for unit 4304?
AED 60,000 a year on the contract signed on 21 October 2022. The previous contract, from October 2021, was AED 60,000; the unit has been rented since May 2014.
How big is unit 4304?
898 sqft (83.4 sqm): a one-bedroom apartment on the 43rd floor of a 55-storey tower completed in 2010.
What is unit 4304 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 4304, Mag 218 Tower
Starts from the last sale price (AED 1.05M, 11 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →