
4504, Mag 218 Tower
Sold prices and rental history: sold 5 times, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4504, Mag 218 Tower
What is 4504 worth today?
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Source: Dubai Land Department. Updated 11 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 898 sqft
- Floor
- 45th of 55
- Parking
- 2P18
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 13,100 /yr
- Last sold
- AED 1.3M · June 2024
- Building
- Mag 218 Tower
About 4504, Mag 218 Tower
4504 is a one-bedroom apartment of 898 sqft on the 45th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 11 June 2024 for AED 1,300,000, or AED 1,447 per sqft, 12% above the AED 1,288 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 66,596 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 13,100 a year.
Sales and rents for 4504 over time
4504 has sold 5 times; the dashed line is the one-bed median of each year in the building.
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 4504 sits
All 333 1-beds →4504 last sold in June 2024 at AED 1,447 per sqft, 12% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,288). 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. 4504's AED 66,596 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 202617 September 2026 | 844 sqft | 1,050,000 | 1,244 | ||
| 4 Sep 20264 September 2026 | 875 sqft | 1,150,000 | 1,314 | ||
| 14 Jul 202614 July 2026 | 864 sqft | 1,230,000 | 1,423 | ||
| 7 Jul 20267 July 2026 | 908 sqft | 1,250,000 | 1,376 |
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 45th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4501 | 2-bed | 1,779 sqft | AED 1.8MAED 1,800,000 · Apr 2016April 2016 | 115,500 /yr | |
| 4502 | 1-bed | 898 sqft | AED 1.18MAED 1,180,000 · Jun 2024June 2024 | 80,010 /yr | |
| 4503 | 1-bed | 844 sqft | AED 387KAED 387,234 · Jul 2011July 2011 | 80,000 /yr | |
| 4505 | 2-bed | 1,779 sqft | AED 1.26MAED 1,262,000 · Jul 2021July 2021 | 138,462 /yr | |
| 4506 | 2-bed | 1,779 sqft | AED 2.2MAED 2,200,000 · Jan 2024January 2024 | 130,000 /yr | |
| 4507 | 1-bed | 898 sqft | AED 900KAED 900,000 · Mar 2022March 2022 | 84,000 /yr | |
| 4508 | 1-bed | 844 sqft | AED 1.4MAED 1,400,000 · Aug 2024August 2024 | 88,000 /yr | |
| 4509 | 1-bed | 898 sqft | AED 1.17MAED 1,165,000 · Jan 2024January 2024 | 55,000 /yr | |
| 4510 | 2-bed | 1,779 sqft | AED 2.2MAED 2,200,000 · Feb 2025February 2025 | 145,000 /yr |
4504, Mag 218 Tower in numbers
- Sold 5 times: first on 20 November 2011 for AED 823,860, last on 11 June 2024 for AED 1,300,000 (AED 1,447 per sqft).
- Rented since March 2013 on 10 Ejari contracts, from AED 60,000 to AED 66,596 a year.
- At AED 66,596 a year the gross yield on the 2024 price is 5.1%, 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 11 June 2024.
Questions about 4504, Mag 218 Tower
What did unit 4504 last sell for?
AED 1,300,000 on 11 June 2024: AED 1,447 per sqft for 898 sqft. The unit has 5 registered sales; the first was AED 823,860 in November 2011.
What is the rent for unit 4504?
AED 66,596 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 60,500; the unit has been rented since March 2013.
How big is unit 4504?
898 sqft (83.4 sqm): a one-bedroom apartment on the 45th floor of a 55-storey tower completed in 2010.
What is unit 4504 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 4504, Mag 218 Tower
Starts from the last sale price (AED 1.3M, 11 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →