2-bed · 1,779 sqftMag 218 Tower, Dubai Marina · 43rd floor · completed 2010

4310, Mag 218 Tower

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4310 · DLD and Ejari recordsUpdated 9 November 2023
Last soldAED 1.9M9 November 2023
Current rentAED 97K /yr27 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4310, Mag 218 Tower

What is 4310 worth today?

Last sold for AED 1,900,000 in 2023

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9 Nov 2023SoldReady
AED 1,900,000AED 1,067 per sqft
27 Sep 2022RentedRenewal
AED 96,800/yr12 months · AED 55 per sqft
27 Sep 2021RentedNew contract
AED 88,000/yr12 months · AED 50 per sqft
1 Dec 2020RentedNew contract
AED 92,000/yr12 months · AED 52 per sqft
28 Oct 2019SoldReady
AED 1,280,000AED 719 per sqft
1 Dec 2018RentedNew contract
AED 115,000/yr12 months · AED 65 per sqft
25 Jun 2014RentedNew contract
AED 120,000/yr12 months · AED 68 per sqft
25 Jun 2013RentedNew contract
AED 120,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 9 November 2023.

Key facts

Type
2-bed apartment
Size
1,779 sqft
Floor
43rd of 55
Parking
2P63
Developer
Dream Estate
Completed
2010
Service charge
AED 25,900 /yr
Last sold
AED 1.9M · November 2023

About 4310, Mag 218 Tower

4310 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 9 November 2023 for AED 1,900,000, or AED 1,067 per sqft, 10% above the AED 969 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 27 September 2022, is AED 96,800 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 4310 over time

Sales
Unit 4310, each saleTypical two-bed in Mag 218 Tower
1M2M2006201220182024Typical sale price by year: 2006 AED 1,318,478; 2009 AED 1,437,450; 2010 AED 1,377,898; 2011 AED 1,423,264; 2012 AED 1,415,209; 2013 AED 1,700,000; 2014 AED 2,275,000; 2015 AED 1,950,000; 2016 AED 1,800,000; 2017 AED 1,840,000; 2018 AED 1,550,000; 2019 AED 1,215,000; 2020 AED 1,150,000; 2021 AED 1,215,000; 2022 AED 1,534,583; 2023 AED 1,797,500; 2024 AED 2,175,000; 2025 AED 2,200,000; 2026 AED 2,265,000Sold by developer, February 2011: AED 1,314,004 (AED 738 per sqft)Sold, October 2019: AED 1,280,000 (AED 719 per sqft)Sold, November 2023: AED 1,900,000 (AED 1,067 per sqft)

4310 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4310, each contractTypical two-bed in Mag 218 Tower
100K125K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 130,000; 2015 AED 137,634; 2016 AED 135,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 104,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 96,800; 2023 AED 105,500; 2024 AED 126,000; 2025 AED 130,000; 2026 AED 126,000New contract, June 2013: AED 120,000 a yearNew contract, June 2014: AED 120,000 a yearNew contract, December 2018: AED 115,000 a yearNew contract, December 2020: AED 92,000 a yearNew contract, September 2021: AED 88,000 a yearRenewal, September 2022: AED 96,800 a year

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 4310 sits

All 222 2-beds →

4310 last sold in November 2023 at AED 1,067 per sqft, 10% above what two-beds in Mag 218 Tower were fetching at the time (AED 969). 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. 4310's AED 96,800 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20261,600,000
25 Sep 20262,100,000
24 Jun 20262,040,000
19 May 20262,450,000
8 2-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
43071-bedAED 900K · Dec 2021
1–7 of 9

4310, Mag 218 Tower in numbers

  • Sold 3 times: first on 3 February 2011 for AED 1,314,004, last on 9 November 2023 for AED 1,900,000 (AED 1,067 per sqft).
  • Rented since June 2013 on 6 Ejari contracts, from AED 120,000 to AED 96,800 a year.
  • At AED 96,800 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 9 November 2023.

Questions about 4310, Mag 218 Tower

What did unit 4310 last sell for?

AED 1,900,000 on 9 November 2023: AED 1,067 per sqft for 1,779 sqft. The unit has 3 registered sales; the first was AED 1,314,004 in February 2011.

What is the rent for unit 4310?

AED 96,800 a year on the contract renewed on 27 September 2022. The previous contract, from September 2021, was AED 88,000; the unit has been rented since June 2013.

How big is unit 4310?

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 4310 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 4310, Mag 218 Tower

Starts from the last sale price (AED 1.9M, 9 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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