1-bed · 908 sqftMag 218 Tower, Dubai Marina · 47th floor · completed 2010

4707, Mag 218 Tower

Sold prices and rental history: sold 4 times, last in January 2015, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4707 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 1.55M21 January 2015
Current rentAED 105K /yr25 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4707, Mag 218 Tower

What is 4707 worth today?

Last sold for AED 1,550,000 in 2015

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25 Oct 2024RentedNew contract
AED 105,000/yr12 months · AED 116 per sqft
25 Oct 2024RentedNew contract
AED 105,000/yr12 months · AED 116 per sqft
21 Jan 2015SoldReady
AED 1,550,000AED 1,706 per sqft
26 Jan 2014RentedNew contract
AED 75,000/yr12 months · AED 83 per sqft
19 Sep 2011SoldReady
AED 723,283AED 796 per sqft
3 Jun 2010Sold by developerOff-plan
AED 723,283AED 796 per sqft
3 Jun 2010SoldOff-plan
AED 723,283AED 796 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
1-bed apartment
Size
908 sqft
Floor
47th of 55
Parking
2P07
Developer
Dream Estate
Completed
2010
Service charge
AED 13,200 /yr
Last sold
AED 1.55M · January 2015

About 4707, Mag 218 Tower

4707 is a one-bedroom apartment of 908 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 21 January 2015 for AED 1,550,000, or AED 1,706 per sqft, 9% above the AED 1,558 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 25 October 2024, is AED 105,000 a year: a gross yield of 6.8% on the 2015 price, before the service charge of about AED 13,200 a year.

Sales and rents for 4707 over time

Sales
Unit 4707, each saleTypical one-bed in Mag 218 Tower
1M1.5M2005201120172023Typical sale price by year: 2005 AED 721,665; 2006 AED 715,202; 2008 AED 781,429; 2009 AED 683,640; 2010 AED 724,314; 2011 AED 704,666; 2012 AED 727,380; 2013 AED 982,500; 2014 AED 1,350,000; 2015 AED 1,217,500; 2016 AED 1,100,000; 2017 AED 1,075,000; 2018 AED 995,920; 2019 AED 850,000; 2020 AED 740,000; 2021 AED 779,500; 2022 AED 900,000; 2023 AED 1,000,000; 2024 AED 1,135,000; 2025 AED 1,187,500; 2026 AED 1,185,000Sold by developer, June 2010: AED 723,283 (AED 796 per sqft)Sold, June 2010: AED 723,283 (AED 796 per sqft)Sold, September 2011: AED 723,283 (AED 796 per sqft)Sold, January 2015: AED 1,550,000 (AED 1,706 per sqft)

4707 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4707, each contractTypical one-bed in Mag 218 Tower
50K75K100K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 78,750; 2014 AED 85,675; 2015 AED 92,000; 2016 AED 90,000; 2017 AED 85,000; 2018 AED 78,000; 2019 AED 70,000; 2020 AED 55,000; 2021 AED 52,000; 2022 AED 61,700; 2023 AED 70,350; 2024 AED 81,000; 2025 AED 84,525; 2026 AED 80,000New contract, January 2014: AED 75,000 a yearNew contract, October 2024: AED 105,000 a yearNew contract, October 2024: AED 105,000 a year

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 4707 sits

All 333 1-beds →

4707 last sold in January 2015 at AED 1,706 per sqft, 9% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,558). 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. 4707's AED 105,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Sep 20261,050,000
4 Sep 20261,150,000
14 Jul 20261,230,000
7 Jul 20261,250,000
19 1-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
47052-bedAED 2.25M · Jul 2013
47062-bedAED 1.64M · Oct 2012
47081-bedAED 575K · Jun 2013
1–7 of 9

4707, Mag 218 Tower in numbers

  • Sold 4 times: first on 3 June 2010 for AED 723,283, last on 21 January 2015 for AED 1,550,000 (AED 1,706 per sqft).
  • Rented since January 2014 on 3 Ejari contracts, from AED 75,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2015 price is 6.8%, 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 25 October 2024.

Questions about 4707, Mag 218 Tower

What did unit 4707 last sell for?

AED 1,550,000 on 21 January 2015: AED 1,706 per sqft for 908 sqft. The unit has 4 registered sales; the first was AED 723,283 in June 2010.

What is the rent for unit 4707?

AED 105,000 a year on the contract signed on 25 October 2024. The previous contract, from October 2024, was AED 105,000; the unit has been rented since January 2014.

How big is unit 4707?

908 sqft (84.4 sqm): a one-bedroom apartment on the 47th floor of a 55-storey tower completed in 2010.

What is unit 4707 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 4707, Mag 218 Tower

Starts from the last sale price (AED 1.55M, 21 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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