4706, Mag 218 Tower
Sold prices and rental history: sold twice, last in October 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4706, Mag 218 Tower
What is 4706 worth today?
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Source: Dubai Land Department. Updated 12 October 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,798 sqft
- Floor
- 47th of 55
- Parking
- 2P45
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 26,100 /yr
- Last sold
- AED 1.64M · October 2012
- Building
- Mag 218 Tower
About 4706, Mag 218 Tower
4706 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 10 October 2012 for AED 1,639,275, or AED 911 per sqft, 14% above the AED 800 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 12 October 2021, is AED 95,000 a year: a gross yield of 5.8% on the 2012 price, before the service charge of about AED 26,100 a year.
Sales and rents for 4706 over time
4706 has sold twice; 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 4706 sits
All 222 2-beds →4706 last sold in October 2012 at AED 911 per sqft, 14% above what two-beds in Mag 218 Tower were fetching at the time (AED 800). 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. 4706's AED 95,000 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 | |||||
|---|---|---|---|---|---|
| 4701 | 2-bed | 1,798 sqft | AED 2.1MAED 2,100,000 · Jan 2025January 2025 | 98,500 /yr | |
| 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 | ||
| 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 |
4706, Mag 218 Tower in numbers
- Sold twice: first on 6 July 2009 for AED 1,639,275, last on 10 October 2012 for AED 1,639,275 (AED 911 per sqft).
- Rented since October 2015 on 7 Ejari contracts, from AED 140,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2012 price is 5.8%, 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 12 October 2021.
Questions about 4706, Mag 218 Tower
What did unit 4706 last sell for?
AED 1,639,275 on 10 October 2012: AED 911 per sqft for 1,798 sqft. The unit has 2 registered sales; the first was AED 1,639,275 in July 2009.
What is the rent for unit 4706?
AED 95,000 a year on the contract renewed on 12 October 2021. The previous contract, from October 2020, was AED 90,000; the unit has been rented since October 2015.
How big is unit 4706?
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 4706 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 4706, Mag 218 Tower
Starts from the last sale price (AED 1.64M, 10 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,639,275
- Deposit, UAE resident (20%)
- AED 327,855
- Deposit, non-resident (40%)
- AED 655,710
- Monthly over 25 years at 3.7%
- AED 6,707
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →