4701, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in January 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4701, Mag 218 Tower
What is 4701 worth today?
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Source: Dubai Land Department. Updated 23 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,798 sqft
- Floor
- 47th of 55
- Parking
- 2P44
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 26,100 /yr
- Last sold
- AED 2.1M · January 2025
- Building
- Mag 218 Tower
About 4701, Mag 218 Tower
4701 is a two-bedroom apartment of 1,798 sqft on the 47th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 23 January 2025 for AED 2,100,000, or AED 1,167 per sqft, in line with the AED 1,195 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 7 September 2023, is AED 98,500 a year: a gross yield of 4.7% on the 2025 price, before the service charge of about AED 26,100 a year.
Sales and rents for 4701 over time
4701 has sold 4 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 4701 sits
All 222 2-beds →4701 last sold in January 2025 at AED 1,167 per sqft, in line with what two-beds in Mag 218 Tower were fetching at the time (AED 1,195). 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. 4701's AED 98,500 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 47th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4702 | 1-bed | 908 sqft | AED 563KAED 562,500 · Aug 2017August 2017 | 85,000 /yr | |
| 4703 | 1-bed | 844 sqft | AED 1.23MAED 1,225,000 · Dec 2013December 2013 | 100,000 /yr | |
| 4704 | 1-bed | 908 sqft | AED 755KAED 755,000 · Jun 2021June 2021 | 104,439 /yr | |
| 4705 | 2-bed | 1,798 sqft | AED 2.25MAED 2,250,000 · Jul 2013July 2013 | ||
| 4706 | 2-bed | 1,798 sqft | AED 1.64MAED 1,639,275 · Oct 2012October 2012 | 95,000 /yr | |
| 4707 | 1-bed | 908 sqft | AED 1.55MAED 1,550,000 · Jan 2015January 2015 | 105,000 /yr | |
| 4708 | 1-bed | 844 sqft | AED 575KAED 575,000 · Jun 2013June 2013 | 79,800 /yr | |
| 4709 | 1-bed | 908 sqft | AED 1.22MAED 1,220,000 · Jan 2025January 2025 | 100,000 /yr | |
| 4710 | 2-bed | 1,798 sqft | AED 2MAED 2,000,000 · Mar 2024March 2024 | 120,000 /yr |
4701, Mag 218 Tower in numbers
- Sold 4 times: first on 26 July 2012 for AED 1,755,000, last on 23 January 2025 for AED 2,100,000 (AED 1,167 per sqft).
- Rented since December 2016 on 8 Ejari contracts. The rent fell from AED 130,000 to AED 75,000 in 2020 and recovered to AED 98,500 by September 2023.
- At AED 98,500 a year the gross yield on the 2025 price is 4.7%, 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 23 January 2025.
Questions about 4701, Mag 218 Tower
What did unit 4701 last sell for?
AED 2,100,000 on 23 January 2025: AED 1,167 per sqft for 1,798 sqft. The unit has 4 registered sales; the first was AED 1,755,000 in July 2012.
What is the rent for unit 4701?
AED 98,500 a year on the contract renewed on 7 September 2023. The previous contract, from September 2022, was AED 93,500; the unit has been rented since December 2016.
How big is unit 4701?
1,798 sqft (167.0 sqm): a two-bedroom apartment on the 47th floor of a 55-storey tower completed in 2010.
What is unit 4701 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 4701, Mag 218 Tower
Starts from the last sale price (AED 2.1M, 23 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →