4805, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4805, Mag 218 Tower
What is 4805 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 3 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,798 sqft
- Floor
- 48th of 55
- Parking
- 2P47
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 26,100 /yr
- Last sold
- AED 2.15M · May 2024
- Building
- Mag 218 Tower
About 4805, Mag 218 Tower
4805 is a two-bedroom apartment of 1,798 sqft on the 48th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 10 May 2024 for AED 2,150,000, or AED 1,195 per sqft, 10% above the AED 1,090 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 3 September 2024, is AED 155,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 26,100 a year.
Sales and rents for 4805 over time
4805 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 4805 sits
All 222 2-beds →4805 last sold in May 2024 at AED 1,195 per sqft, 10% above what two-beds in Mag 218 Tower were fetching at the time (AED 1,090). 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. 4805's AED 155,000 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 48th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4801 | 2-bed | 1,798 sqft | AED 1.61MAED 1,610,092 · Nov 2012November 2012 | 105,000 /yr | |
| 4802 | 1-bed | 908 sqft | AED 687KAED 686,748 · Jan 2011January 2011 | 85,800 /yr | |
| 4803 | 1-bed | 844 sqft | AED 709KAED 708,808 · Nov 2011November 2011 | 70,000 /yr | |
| 4804 | 1-bed | 908 sqft | AED 1.15MAED 1,150,000 · Jun 2016June 2016 | 80,000 /yr | |
| 4806 | 2-bed | 1,798 sqft | AED 1.44MAED 1,437,450 · Dec 2010December 2010 | 125,000 /yr | |
| 4807 | 1-bed | 908 sqft | AED 730KAED 729,901 · Sep 2011September 2011 | 30,000 /yr | |
| 4808 | 1-bed | 844 sqft | AED 673KAED 673,368 · Feb 2012February 2012 | 69,828 /yr | |
| 4809 | 1-bed | 908 sqft | AED 1.45MAED 1,450,000 · Feb 2014February 2014 | 78,200 /yr | |
| 4810 | 2-bed | 1,798 sqft | AED 2.3MAED 2,300,400 · May 2024May 2024 | 50,000 /yr |
4805, Mag 218 Tower in numbers
- Sold 4 times: first on 1 June 2011 for AED 1,901,921, last on 10 May 2024 for AED 2,150,000 (AED 1,195 per sqft).
- Rented since August 2014 on 9 Ejari contracts. The rent fell from AED 155,000 to AED 90,000 in 2020 and recovered to AED 155,000 by September 2024.
- At AED 155,000 a year the gross yield on the 2024 price is 7.2%, 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 3 September 2024.
Questions about 4805, Mag 218 Tower
What did unit 4805 last sell for?
AED 2,150,000 on 10 May 2024: AED 1,195 per sqft for 1,798 sqft. The unit has 4 registered sales; the first was AED 1,901,921 in June 2011.
What is the rent for unit 4805?
AED 155,000 a year on the contract signed on 3 September 2024. The previous contract, from September 2024, was AED 155,000; the unit has been rented since August 2014.
How big is unit 4805?
1,798 sqft (167.0 sqm): a two-bedroom apartment on the 48th floor of a 55-storey tower completed in 2010.
What is unit 4805 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.
Selling 4805? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 4805, Mag 218 Tower
Starts from the last sale price (AED 2.15M, 10 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,150,000
- Deposit, UAE resident (20%)
- AED 430,000
- Deposit, non-resident (40%)
- AED 860,000
- Monthly over 25 years at 3.7%
- AED 8,796
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →