4305, Mag 218 Tower
Sold prices and rental history: sold 5 times, last in May 2023, 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 4305, Mag 218 Tower
What is 4305 worth today?
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Source: Dubai Land Department. Updated 3 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,779 sqft
- Floor
- 43rd of 55
- Parking
- 2P68
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,900 /yr
- Last sold
- AED 2.02M · May 2023
- Building
- Mag 218 Tower
About 4305, Mag 218 Tower
4305 is a two-bedroom apartment of 1,779 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 3 May 2023 for AED 2,020,000, or AED 1,135 per sqft, 27% above the AED 895 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 102,500 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 25,900 a year.
Sales and rents for 4305 over time
4305 has sold 5 times; the dashed line is the two-bed median of each year in the building.
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 4305 sits
All 222 2-beds →4305 last sold in May 2023 at AED 1,135 per sqft, 27% above what two-beds in Mag 218 Tower were fetching at the time (AED 895). 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. 4305's AED 102,500 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 1,723 sqft | 1,600,000 | 928 | ||
| 25 Sep 202625 September 2026 | 1,798 sqft | 2,100,000 | 1,167 | ||
| 24 Jun 202624 June 2026 | 1,723 sqft | 2,040,000 | 1,183 | ||
| 19 May 202619 May 2026 | 1,798 sqft | 2,450,000 | 1,362 |
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 | |
| 4304 | 1-bed | 898 sqft | AED 1.05MAED 1,050,000 · Sep 2024September 2024 | 60,000 /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 |
4305, Mag 218 Tower in numbers
- Sold 5 times: first on 9 May 2011 for AED 1,480,000, last on 3 May 2023 for AED 2,020,000 (AED 1,135 per sqft).
- Rented since April 2014 on 9 Ejari contracts. The rent fell from AED 150,404 to AED 93,000 in 2021 and recovered to AED 102,500 by April 2023.
- At AED 102,500 a year the gross yield on the 2023 price is 5.1%, 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 3 May 2023.
Questions about 4305, Mag 218 Tower
What did unit 4305 last sell for?
AED 2,020,000 on 3 May 2023: AED 1,135 per sqft for 1,779 sqft. The unit has 5 registered sales; the first was AED 1,480,000 in May 2011.
What is the rent for unit 4305?
AED 102,500 a year on the contract renewed on 1 April 2023. The previous contract, from April 2023, was AED 102,500; the unit has been rented since April 2014.
How big is unit 4305?
1,779 sqft (165.3 sqm): a two-bedroom apartment on the 43rd floor of a 55-storey tower completed in 2010.
What is unit 4305 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 4305, Mag 218 Tower
Starts from the last sale price (AED 2.02M, 3 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,020,000
- Deposit, UAE resident (20%)
- AED 404,000
- Deposit, non-resident (40%)
- AED 808,000
- Monthly over 25 years at 3.7%
- AED 8,264
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →