4601, Mag 218 Tower
Sold prices and rental history: sold 6 times, last in June 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 4601, Mag 218 Tower
What is 4601 worth today?
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Source: Dubai Land Department. Updated 16 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,798 sqft
- Floor
- 46th of 55
- Parking
- 2P38
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 26,100 /yr
- Last sold
- AED 1.7M · June 2024
- Building
- Mag 218 Tower
About 4601, Mag 218 Tower
4601 is a two-bedroom apartment of 1,798 sqft on the 46th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 12 June 2024 for AED 1,700,000, or AED 945 per sqft, 15% below the AED 1,117 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 16 November 2024, is AED 140,909 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 26,100 a year.
Sales and rents for 4601 over time
4601 has sold 6 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 4601 sits
All 222 2-beds →4601 last sold in June 2024 at AED 945 per sqft, 15% below what two-beds in Mag 218 Tower were fetching at the time (AED 1,117). 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. 4601's AED 140,909 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 46th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4602 | 1-bed | 908 sqft | AED 1.25MAED 1,250,000 · Sep 2024September 2024 | 66,636 /yr | |
| 4603 | 1-bed | 844 sqft | AED 850KAED 850,000 · Oct 2019October 2019 | 105,000 /yr | |
| 4604 | 1-bed | 908 sqft | AED 1.25MAED 1,250,000 · Jul 2026July 2026 | 65,000 /yr | |
| 4605 | 2-bed | 1,798 sqft | AED 1.95MAED 1,950,000 · Mar 2013March 2013 | 145,000 /yr | |
| 4606 | 2-bed | 1,798 sqft | AED 2.45MAED 2,450,000 · May 2026May 2026 | ||
| 4607 | 1-bed | 908 sqft | AED 1.23MAED 1,225,000 · May 2024May 2024 | 95,000 /yr | |
| 4608 | 1-bed | 844 sqft | AED 1.6MAED 1,600,000 · May 2026May 2026 | 54,000 /yr | |
| 4609 | 1-bed | 908 sqft | AED 1.25MAED 1,250,000 · Nov 2015November 2015 | 90,000 /yr | |
| 4610 | 2-bed | 1,798 sqft | AED 1.89MAED 1,887,984 · Sep 2012September 2012 | 110,000 /yr |
4601, Mag 218 Tower in numbers
- Sold 6 times: first on 6 July 2009 for AED 2,067,792, last on 12 June 2024 for AED 1,700,000 (AED 945 per sqft).
- Rented since July 2012 on 13 Ejari contracts, from AED 89,000 to AED 140,909 a year.
- At AED 140,909 a year the gross yield on the 2024 price is 8.3%, before a service charge of about AED 26,100 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 16 November 2024.
Questions about 4601, Mag 218 Tower
What did unit 4601 last sell for?
AED 1,700,000 on 12 June 2024: AED 945 per sqft for 1,798 sqft. The unit has 6 registered sales; the first was AED 2,067,792 in July 2009.
What is the rent for unit 4601?
AED 140,909 a year on the contract renewed on 16 November 2024. The previous contract, from November 2024, was AED 140,909; the unit has been rented since July 2012.
How big is unit 4601?
1,798 sqft (167.0 sqm): a two-bedroom apartment on the 46th floor of a 55-storey tower completed in 2010.
What is unit 4601 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 4601, Mag 218 Tower
Starts from the last sale price (AED 1.7M, 12 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →