4602, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4602, Mag 218 Tower
What is 4602 worth today?
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Source: Dubai Land Department. Updated 19 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 908 sqft
- Floor
- 46th of 55
- Parking
- 2P10
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 13,200 /yr
- Last sold
- AED 1.25M · September 2024
- Building
- Mag 218 Tower
About 4602, Mag 218 Tower
4602 is a one-bedroom apartment of 908 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 19 September 2024 for AED 1,250,000, or AED 1,376 per sqft, 5% above the AED 1,313 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 25 June 2023, is AED 66,636 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 13,200 a year.
Sales and rents for 4602 over time
4602 has sold 4 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 4602 sits
All 333 1-beds →4602 last sold in September 2024 at AED 1,376 per sqft, 5% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,313). 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. 4602's AED 66,636 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 46th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4601 | 2-bed | 1,798 sqft | AED 1.7MAED 1,700,000 · Jun 2024June 2024 | 140,909 /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 |
4602, Mag 218 Tower in numbers
- Sold 4 times: first on 6 March 2011 for AED 683,682, last on 19 September 2024 for AED 1,250,000 (AED 1,376 per sqft).
- Rented since April 2014 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 55,000 in 2021 and recovered to AED 66,636 by June 2023.
- At AED 66,636 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 13,200 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 19 September 2024.
Questions about 4602, Mag 218 Tower
What did unit 4602 last sell for?
AED 1,250,000 on 19 September 2024: AED 1,376 per sqft for 908 sqft. The unit has 4 registered sales; the first was AED 683,682 in March 2011.
What is the rent for unit 4602?
AED 66,636 a year on the contract signed on 25 June 2023. The previous contract, from June 2022, was AED 60,500; the unit has been rented since April 2014.
How big is unit 4602?
908 sqft (84.4 sqm): a one-bedroom apartment on the 46th floor of a 55-storey tower completed in 2010.
What is unit 4602 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 4602, Mag 218 Tower
Starts from the last sale price (AED 1.25M, 19 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →