1-bed · 844 sqftMag 218 Tower, Dubai Marina · 44th floor · completed 2010

4403, Mag 218 Tower

Sold prices and rental history: sold 5 times, last in January 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4403 · DLD and Ejari recordsUpdated 29 January 2024
Last soldAED 1.1M29 January 2024
Current rentAED 83K /yr1 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4403, Mag 218 Tower

What is 4403 worth today?

Last sold for AED 1,095,000 in 2024

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29 Jan 2024SoldReady
AED 1,095,000AED 1,297 per sqft
27 Nov 2018SoldReady
AED 900,000AED 1,066 per sqft
1 Nov 2017RentedNew contract
AED 83,000/yr12 months · AED 99 per sqft
15 Sep 2016RentedNew contract
AED 90,000/yr12 months · AED 107 per sqft
14 Mar 2016SoldReady
AED 1,050,000AED 1,244 per sqft
15 Sep 2015RentedNew contract
AED 95,000/yr12 months · AED 113 per sqft
16 Jun 2014SoldReady
AED 1,320,000AED 1,563 per sqft
7 Sep 2013RentedNew contract
AED 68,250/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 29 January 2024.

Key facts

Type
1-bed apartment
Size
844 sqft
Floor
44th of 55
Parking
2P23
Developer
Dream Estate
Completed
2010
Service charge
AED 12,300 /yr
Last sold
AED 1.1M · January 2024

About 4403, Mag 218 Tower

4403 is a one-bedroom apartment of 844 sqft on the 44th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 29 January 2024 for AED 1,095,000, or AED 1,297 per sqft, 5% above the AED 1,230 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 November 2017, is AED 83,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 12,300 a year.

Sales and rents for 4403 over time

Sales
Unit 4403, each saleTypical one-bed in Mag 218 Tower
1M2005201120172023Typical 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 by developer, March 2011: AED 632,232 (AED 749 per sqft)Sold, June 2014: AED 1,320,000 (AED 1,563 per sqft)Sold, March 2016: AED 1,050,000 (AED 1,244 per sqft)Sold, November 2018: AED 900,000 (AED 1,066 per sqft)Sold, January 2024: AED 1,095,000 (AED 1,297 per sqft)

4403 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4403, each contractTypical one-bed in Mag 218 Tower
60K80K100K2012201620202024Typical 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, September 2013: AED 68,250 a yearNew contract, September 2015: AED 95,000 a yearNew contract, September 2016: AED 90,000 a yearNew contract, November 2017: AED 83,000 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 4403 sits

All 333 1-beds →

4403 last sold in January 2024 at AED 1,297 per sqft, 5% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,230). 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. 4403's AED 83,000 is in the lower half 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 44th floor

All 550 units in Mag 218 Tower
Value
44012-bedAED 1.1M · Nov 2014
44021-bedAED 822K · Jun 2011
44041-bedAED 980K · Jul 2021
44052-bedAED 1.1M · Nov 2015
44062-bedAED 2.29M · Dec 2017
44071-bedAED 1.03M · Sep 2022
44081-bedAED 1.2M · Oct 2017
1–7 of 9

4403, Mag 218 Tower in numbers

  • Sold 5 times: first on 6 March 2011 for AED 632,232, last on 29 January 2024 for AED 1,095,000 (AED 1,297 per sqft).
  • Rented since September 2013 on 4 Ejari contracts, from AED 68,250 to AED 83,000 a year.
  • At AED 83,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 12,300 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 29 January 2024.

Questions about 4403, Mag 218 Tower

What did unit 4403 last sell for?

AED 1,095,000 on 29 January 2024: AED 1,297 per sqft for 844 sqft. The unit has 5 registered sales; the first was AED 632,232 in March 2011.

What is the rent for unit 4403?

AED 83,000 a year on the contract signed on 1 November 2017. The previous contract, from September 2016, was AED 90,000; the unit has been rented since September 2013.

How big is unit 4403?

844 sqft (78.4 sqm): a one-bedroom apartment on the 44th floor of a 55-storey tower completed in 2010.

What is unit 4403 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 4403, Mag 218 Tower

Starts from the last sale price (AED 1.1M, 29 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,095,000
Deposit, UAE resident (20%)
AED 219,000
Deposit, non-resident (40%)
AED 438,000
Monthly over 25 years at 3.7%
AED 4,480

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