1-bed · 898 sqftMag 218 Tower, Dubai Marina · 43rd floor · completed 2010

4307, Mag 218 Tower

Sold prices and rental history: sold 4 times, last in December 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4307 · DLD and Ejari recordsUpdated 8 December 2021
Last soldAED 900K8 December 2021
Current rentAED 55K /yr1 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4307, Mag 218 Tower

What is 4307 worth today?

Last sold for AED 900,000 in 2021

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8 Dec 2021SoldReady
AED 900,000AED 1,002 per sqft
1 Jan 2021RentedRenewal
AED 55,000/yr12 months · AED 62 per sqft
1 Jan 2020RentedRenewal
AED 75,000/yr12 months · AED 84 per sqft
1 Jan 2019RentedNew contract
AED 75,000/yr12 months · AED 84 per sqft
8 Feb 2017RentedNew contract
AED 95,000/yr12 months · AED 106 per sqft
10 Apr 2016RentedNew contract
AED 105,000/yr12 months · AED 118 per sqft
1 Jun 2015RentedNew contract
AED 90,000/yr12 months · AED 101 per sqft
18 Oct 2013RentedNew contract
AED 97,200/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 8 December 2021.

Key facts

Type
1-bed apartment
Size
898 sqft
Floor
43rd of 55
Parking
2P66
Developer
Dream Estate
Completed
2010
Service charge
AED 13,100 /yr
Last sold
AED 900K · December 2021

About 4307, Mag 218 Tower

4307 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 8 December 2021 for AED 900,000, or AED 1,002 per sqft, 15% above the AED 868 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 January 2021, is AED 55,000 a year: a gross yield of 6.1% on the 2021 price, before the service charge of about AED 13,100 a year.

Sales and rents for 4307 over time

Sales
Unit 4307, each saleTypical one-bed in Mag 218 Tower
500K1M1.5M2005201120172023Typical 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, April 2012: AED 562,348 (AED 626 per sqft)Sold by developer, April 2012: AED 704,590 (AED 784 per sqft)Sold, December 2012: AED 281,174 (AED 626 per sqft)Sold, December 2021: AED 900,000 (AED 1,002 per sqft)

4307 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4307, each contractTypical one-bed in Mag 218 Tower
50K75K100K2012201620202024Typical 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, October 2013: AED 97,200 a yearNew contract, June 2015: AED 90,000 a yearNew contract, April 2016: AED 105,000 a yearNew contract, February 2017: AED 95,000 a yearNew contract, January 2019: AED 75,000 a yearRenewal, January 2020: AED 75,000 a yearRenewal, January 2021: AED 55,000 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 4307 sits

All 333 1-beds →

4307 last sold in December 2021 at AED 1,002 per sqft, 15% above what one-beds in Mag 218 Tower were fetching at the time (AED 868). 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. 4307's AED 55,000 is at the bottom 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 43rd floor

All 550 units in Mag 218 Tower
Value
43012-bedAED 1.31M · Nov 2011
43021-bedAED 1.25M · Dec 2024
43031-bedAED 662K · Jan 2015
43041-bedAED 1.05M · Sep 2024
43052-bedAED 2.02M · May 2023
43062-bedAED 1.98M · Apr 2018
43081-bedAED 1.15M · May 2023
1–7 of 9

4307, Mag 218 Tower in numbers

  • Sold 4 times: first on 25 April 2012 for AED 704,590, last on 8 December 2021 for AED 900,000 (AED 1,002 per sqft).
  • Rented since October 2013 on 7 Ejari contracts, from AED 97,200 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2021 price is 6.1%, 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 8 December 2021.

Questions about 4307, Mag 218 Tower

What did unit 4307 last sell for?

AED 900,000 on 8 December 2021: AED 1,002 per sqft for 898 sqft. The unit has 4 registered sales; the first was AED 704,590 in April 2012.

What is the rent for unit 4307?

AED 55,000 a year on the contract renewed on 1 January 2021. The previous contract, from January 2020, was AED 75,000; the unit has been rented since October 2013.

How big is unit 4307?

898 sqft (83.4 sqm): a one-bedroom apartment on the 43rd floor of a 55-storey tower completed in 2010.

What is unit 4307 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 4307, Mag 218 Tower

Starts from the last sale price (AED 900K, 8 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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