4405, Mag 218 Tower
Sold prices and rental history: sold 3 times, last in November 2015, and rented once, from May 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4405, Mag 218 Tower
What is 4405 worth today?
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Source: Dubai Land Department. Updated 23 November 2015.
Key facts
- Type
- 2-bed apartment
- Size
- 1,779 sqft
- Floor
- 44th of 55
- Parking
- 2P28
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,900 /yr
- Last sold
- AED 1.1M · November 2015
- Building
- Mag 218 Tower
About 4405, Mag 218 Tower
4405 is a two-bedroom apartment of 1,779 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 23 November 2015 for AED 1,100,000, or AED 618 per sqft, 46% below the AED 1,143 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 May 2014. The current contract, signed on 15 May 2014, is AED 110,000 a year: a gross yield of 10.0% on the 2015 price, before the service charge of about AED 25,900 a year.
Sales and rents for 4405 over time
4405 has sold 3 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 4405 sits
All 222 2-beds →4405 last sold in November 2015 at AED 618 per sqft, 46% below what two-beds in Mag 218 Tower were fetching at the time (AED 1,143). 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. 4405's AED 110,000 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 44th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4401 | 2-bed | 1,779 sqft | AED 1.1MAED 1,100,000 · Nov 2014November 2014 | 70,000 /yr | |
| 4402 | 1-bed | 898 sqft | AED 822KAED 822,009 · Jun 2011June 2011 | 85,000 /yr | |
| 4403 | 1-bed | 844 sqft | AED 1.1MAED 1,095,000 · Jan 2024January 2024 | 83,000 /yr | |
| 4404 | 1-bed | 898 sqft | AED 980KAED 980,000 · Jul 2021July 2021 | 110,000 /yr | |
| 4406 | 2-bed | 1,779 sqft | AED 2.29MAED 2,285,000 · Dec 2017December 2017 | 160,000 /yr | |
| 4407 | 1-bed | 898 sqft | AED 1.03MAED 1,025,000 · Sep 2022September 2022 | 85,000 /yr | |
| 4408 | 1-bed | 844 sqft | AED 1.2MAED 1,200,000 · Oct 2017October 2017 | 89,250 /yr | |
| 4409 | 1-bed | 898 sqft | AED 1MAED 1,000,000 · Dec 2016December 2016 | 80,850 /yr | |
| 4410 | 2-bed | 1,779 sqft | AED 1.85MAED 1,850,000 · Jun 2015June 2015 |
4405, Mag 218 Tower in numbers
- Sold 3 times: first on 20 February 2014 for AED 1,690,121, last on 23 November 2015 for AED 1,100,000 (AED 618 per sqft).
- Rented since May 2014 on one Ejari contract, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2015 price is 10.0%, 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 23 November 2015.
Questions about 4405, Mag 218 Tower
What did unit 4405 last sell for?
AED 1,100,000 on 23 November 2015: AED 618 per sqft for 1,779 sqft. The unit has 3 registered sales; the first was AED 1,690,121 in February 2014.
What is the rent for unit 4405?
AED 110,000 a year on the contract signed on 15 May 2014.
How big is unit 4405?
1,779 sqft (165.3 sqm): a two-bedroom apartment on the 44th floor of a 55-storey tower completed in 2010.
What is unit 4405 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 4405, Mag 218 Tower
Starts from the last sale price (AED 1.1M, 23 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →