
4509, Mag 218 Tower
Sold prices and rental history: sold 6 times, last in January 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4509, Mag 218 Tower
What is 4509 worth today?
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Source: Dubai Land Department. Updated 22 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 898 sqft
- Floor
- 45th of 55
- Parking
- 2P30
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 13,100 /yr
- Last sold
- AED 1.17M · January 2024
- Building
- Mag 218 Tower
About 4509, Mag 218 Tower
4509 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 22 January 2024 for AED 1,165,000, or AED 1,297 per sqft, 7% above the AED 1,213 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 1 August 2021, is AED 55,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 13,100 a year.
Sales and rents for 4509 over time
4509 has sold 6 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 4509 sits
All 333 1-beds →4509 last sold in January 2024 at AED 1,297 per sqft, 7% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,213). 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. 4509's AED 55,000 is at the bottom 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 | |
| 4504 | 1-bed | 898 sqft | AED 1.3MAED 1,300,000 · Jun 2024June 2024 | 66,596 /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 | |
| 4510 | 2-bed | 1,779 sqft | AED 2.2MAED 2,200,000 · Feb 2025February 2025 | 145,000 /yr |
4509, Mag 218 Tower in numbers
- Sold 6 times: first on 3 January 2011 for AED 711,515, last on 22 January 2024 for AED 1,165,000 (AED 1,297 per sqft).
- Rented since December 2012 on 6 Ejari contracts, from AED 70,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2024 price is 4.7%, 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 22 January 2024.
Questions about 4509, Mag 218 Tower
What did unit 4509 last sell for?
AED 1,165,000 on 22 January 2024: AED 1,297 per sqft for 898 sqft. The unit has 6 registered sales; the first was AED 711,515 in January 2011.
What is the rent for unit 4509?
AED 55,000 a year on the contract signed on 1 August 2021. The previous contract, from August 2019, was AED 70,000; the unit has been rented since December 2012.
How big is unit 4509?
898 sqft (83.4 sqm): a one-bedroom apartment on the 45th floor of a 55-storey tower completed in 2010.
What is unit 4509 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 4509, Mag 218 Tower
Starts from the last sale price (AED 1.17M, 22 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,165,000
- Deposit, UAE resident (20%)
- AED 233,000
- Deposit, non-resident (40%)
- AED 466,000
- Monthly over 25 years at 3.7%
- AED 4,766
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →