4306, Mag 218 Tower
Sold prices and rental history: sold twice, last in April 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4306, Mag 218 Tower
What is 4306 worth today?
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Source: Dubai Land Department. Updated 24 April 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,779 sqft
- Floor
- 43rd of 55
- Parking
- 2P67
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,900 /yr
- Last sold
- AED 1.98M · April 2018
- Building
- Mag 218 Tower
About 4306, Mag 218 Tower
4306 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 24 April 2018 for AED 1,980,000, or AED 1,112 per sqft, in line with the AED 1,098 two-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 1 July 2017, is AED 150,000 a year: a gross yield of 7.6% on the 2018 price, before the service charge of about AED 25,900 a year.
Sales and rents for 4306 over time
4306 has sold twice; 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 4306 sits
All 222 2-beds →4306 last sold in April 2018 at AED 1,112 per sqft, in line with what two-beds in Mag 218 Tower were fetching at the time (AED 1,098). 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. 4306's AED 150,000 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 | |
| 4305 | 2-bed | 1,779 sqft | AED 2.02MAED 2,020,000 · May 2023May 2023 | 102,500 /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 |
4306, Mag 218 Tower in numbers
- Sold twice: first on 22 May 2013 for AED 1,314,004, last on 24 April 2018 for AED 1,980,000 (AED 1,112 per sqft).
- Rented since May 2013 on 3 Ejari contracts, from AED 165,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2018 price is 7.6%, 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 24 April 2018.
Questions about 4306, Mag 218 Tower
What did unit 4306 last sell for?
AED 1,980,000 on 24 April 2018: AED 1,112 per sqft for 1,779 sqft. The unit has 2 registered sales; the first was AED 1,314,004 in May 2013.
What is the rent for unit 4306?
AED 150,000 a year on the contract renewed on 1 July 2017. The previous contract, from June 2015, was AED 148,148; the unit has been rented since May 2013.
How big is unit 4306?
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 4306 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 4306, Mag 218 Tower
Starts from the last sale price (AED 1.98M, 24 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,980,000
- Deposit, UAE resident (20%)
- AED 396,000
- Deposit, non-resident (40%)
- AED 792,000
- Monthly over 25 years at 3.7%
- AED 8,101
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →