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2-bed · 1,798 sqftMag 218 Tower, Dubai Marina · 47th floor · completed 2010

4705, Mag 218 Tower

Sold prices and rental history: sold 3 times, last in July 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4705 · DLD and Ejari recordsUpdated 11 July 2013
Last soldAED 2.25M11 July 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4705, Mag 218 Tower

What is 4705 worth today?

Last sold for AED 2,250,000 in 2013

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11 Jul 2013SoldReady
AED 2,250,000AED 1,251 per sqft
18 Mar 2012SoldReady
AED 1,850,903AED 1,029 per sqft
6 Jul 2009Sold by developerOff-plan
AED 1,850,903AED 1,029 per sqft

Source: Dubai Land Department. Updated 11 July 2013.

Key facts

Type
2-bed apartment
Size
1,798 sqft
Floor
47th of 55
Parking
2P36
Developer
Dream Estate
Completed
2010
Service charge
AED 26,100 /yr
Last sold
AED 2.25M · July 2013
Building
Mag 218 Tower

About 4705, Mag 218 Tower

4705 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 11 July 2013 for AED 2,250,000, or AED 1,251 per sqft, 45% above the AED 862 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4705 over time

Sales
Unit 4705, each saleTypical two-bed in Mag 218 Tower
1M2M2006201220182024Typical sale price by year: 2006 AED 1,318,478; 2009 AED 1,437,450; 2010 AED 1,377,898; 2011 AED 1,423,264; 2012 AED 1,415,209; 2013 AED 1,700,000; 2014 AED 2,275,000; 2015 AED 1,950,000; 2016 AED 1,800,000; 2017 AED 1,840,000; 2018 AED 1,550,000; 2019 AED 1,215,000; 2020 AED 1,150,000; 2021 AED 1,215,000; 2022 AED 1,534,583; 2023 AED 1,797,500; 2024 AED 2,175,000; 2025 AED 2,200,000; 2026 AED 2,265,000Sold by developer, July 2009: AED 1,850,903 (AED 1,029 per sqft)Sold, March 2012: AED 1,850,903 (AED 1,029 per sqft)Sold, July 2013: AED 2,250,000 (AED 1,251 per sqft)

4705 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4705, each contractTypical two-bed in Mag 218 Tower
100K125K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 130,000; 2015 AED 137,634; 2016 AED 135,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 104,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 96,800; 2023 AED 105,500; 2024 AED 126,000; 2025 AED 130,000; 2026 AED 126,000

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 4705 sits

All 222 2-beds →

4705 last sold in July 2013 at AED 1,251 per sqft, 45% above what two-beds in Mag 218 Tower were fetching at the time (AED 862). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20261,600,000
25 Sep 20262,100,000
24 Jun 20262,040,000
19 May 20262,450,000
8 2-bed sales in the last 12 months

Mag 218 Tower

Building

550 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%
Mag 218 Tower, Dubai Marina: prices, sales and rents →

Other units on the 47th floor

All 550 units in Mag 218 Tower
Value
47012-bedAED 2.1M · Jan 2025
47021-bedAED 563K · Aug 2017
47031-bedAED 1.23M · Dec 2013
47041-bedAED 755K · Jun 2021
47062-bedAED 1.64M · Oct 2012
47071-bedAED 1.55M · Jan 2015
47081-bedAED 575K · Jun 2013
1–7 of 9

4705, Mag 218 Tower in numbers

  • Sold 3 times: first on 6 July 2009 for AED 1,850,903, last on 11 July 2013 for AED 2,250,000 (AED 1,251 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 11 July 2013.

Questions about 4705, Mag 218 Tower

What did unit 4705 last sell for?

AED 2,250,000 on 11 July 2013: AED 1,251 per sqft for 1,798 sqft. The unit has 3 registered sales; the first was AED 1,850,903 in July 2009.

How big is unit 4705?

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 4705 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 4705, Mag 218 Tower

Starts from the last sale price (AED 2.25M, 11 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →