4505, Mag 218 Tower
Sold prices and rental history: sold twice, last in July 2021, 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 4505, Mag 218 Tower
What is 4505 worth today?
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Source: Dubai Land Department. Updated 10 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,779 sqft
- Floor
- 45th of 55
- Parking
- 2P19
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,900 /yr
- Last sold
- AED 1.26M · July 2021
- Building
- Mag 218 Tower
About 4505, Mag 218 Tower
4505 is a two-bedroom apartment of 1,779 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 13 July 2021 for AED 1,262,000, or AED 709 per sqft, 3% above the AED 688 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, renewed on 10 February 2026, is AED 138,462 a year: a gross yield of 11.0% on the 2021 price, before the service charge of about AED 25,900 a year.
Sales and rents for 4505 over time
4505 has sold twice; 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 4505 sits
All 222 2-beds →4505 last sold in July 2021 at AED 709 per sqft, 3% above what two-beds in Mag 218 Tower were fetching at the time (AED 688). 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. 4505's AED 138,462 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 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 | |
| 4504 | 1-bed | 898 sqft | AED 1.3MAED 1,300,000 · Jun 2024June 2024 | 66,596 /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 |
4505, Mag 218 Tower in numbers
- Sold twice: first on 20 October 2014 for AED 1,778,633, last on 13 July 2021 for AED 1,262,000 (AED 709 per sqft).
- Rented since September 2013 on 15 Ejari contracts. The rent fell from AED 104,709 to AED 85,000 in 2021 and recovered to AED 138,462 by February 2026.
- At AED 138,462 a year the gross yield on the 2021 price is 11.0%, 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 10 February 2026.
Questions about 4505, Mag 218 Tower
What did unit 4505 last sell for?
AED 1,262,000 on 13 July 2021: AED 709 per sqft for 1,779 sqft. The unit has 2 registered sales; the first was AED 1,778,633 in October 2014.
What is the rent for unit 4505?
AED 138,462 a year on the contract renewed on 10 February 2026. The previous contract, from February 2025, was AED 130,000; the unit has been rented since September 2013.
How big is unit 4505?
1,779 sqft (165.3 sqm): a two-bedroom apartment on the 45th floor of a 55-storey tower completed in 2010.
What is unit 4505 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 4505, Mag 218 Tower
Starts from the last sale price (AED 1.26M, 13 July 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,262,000
- Deposit, UAE resident (20%)
- AED 252,400
- Deposit, non-resident (40%)
- AED 504,800
- Monthly over 25 years at 3.7%
- AED 5,163
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →