4708, Mag 218 Tower
Sold prices and rental history: sold 3 times, last in June 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4708, Mag 218 Tower
What is 4708 worth today?
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Source: Dubai Land Department. Updated 6 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 47th of 55
- Parking
- 2P08
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 575K · June 2013
- Building
- Mag 218 Tower
About 4708, Mag 218 Tower
4708 is a one-bedroom apartment of 844 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 June 2013 for AED 575,000, or AED 681 per sqft, 21% below the AED 857 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 6 May 2024, is AED 79,800 a year: a gross yield of 13.9% on the 2013 price, before the service charge of about AED 12,300 a year.
Sales and rents for 4708 over time
4708 has sold 3 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 4708 sits
All 333 1-beds →4708 last sold in June 2013 at AED 681 per sqft, 21% below what one-beds in Mag 218 Tower were fetching at the time (AED 857). 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. 4708's AED 79,800 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 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 | ||
| 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 | |
| 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 |
4708, Mag 218 Tower in numbers
- Sold 3 times: first on 6 March 2011 for AED 671,865, last on 11 June 2013 for AED 575,000 (AED 681 per sqft).
- Rented since April 2017 on 7 Ejari contracts. The rent fell from AED 93,000 to AED 57,500 in 2021 and recovered to AED 79,800 by May 2024.
- At AED 79,800 a year the gross yield on the 2013 price is 13.9%, before a service charge of about AED 12,300 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 6 May 2024.
Questions about 4708, Mag 218 Tower
What did unit 4708 last sell for?
AED 575,000 on 11 June 2013: AED 681 per sqft for 844 sqft. The unit has 3 registered sales; the first was AED 671,865 in March 2011.
What is the rent for unit 4708?
AED 79,800 a year on the contract renewed on 6 May 2024. The previous contract, from May 2024, was AED 79,800; the unit has been rented since April 2017.
How big is unit 4708?
844 sqft (78.4 sqm): a one-bedroom apartment on the 47th floor of a 55-storey tower completed in 2010.
What is unit 4708 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 4708, Mag 218 Tower
Starts from the last sale price (AED 575K, 11 June 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 575,000
- Deposit, UAE resident (20%)
- AED 115,000
- Deposit, non-resident (40%)
- AED 230,000
- Monthly over 25 years at 3.7%
- AED 2,353
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →