4810, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in May 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4810, Mag 218 Tower
What is 4810 worth today?
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Source: Dubai Land Department. Updated 1 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,798 sqft
- Floor
- 48th of 55
- Parking
- 2P03
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 26,100 /yr
- Last sold
- AED 2.3M · May 2024
- Building
- Mag 218 Tower
About 4810, Mag 218 Tower
4810 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 1 May 2024 for AED 2,300,400, or AED 1,279 per sqft, 15% above the AED 1,112 two-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 11 October 2020, is AED 50,000 a year: a gross yield of 2.2% on the 2024 price, before the service charge of about AED 26,100 a year.
Sales and rents for 4810 over time
4810 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 4810 sits
All 222 2-beds →4810 last sold in May 2024 at AED 1,279 per sqft, 15% above what two-beds in Mag 218 Tower were fetching at the time (AED 1,112). 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. 4810's AED 50,000 is at the bottom 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 | |
| 4805 | 2-bed | 1,798 sqft | AED 2.15MAED 2,150,000 · May 2024May 2024 | 155,000 /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, Mag 218 Tower in numbers
- Sold 4 times: first on 6 July 2009 for AED 1,725,099, last on 1 May 2024 for AED 2,300,400 (AED 1,279 per sqft).
- Rented since August 2020 on 2 Ejari contracts, from AED 5,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2024 price is 2.2%, 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 1 May 2024.
Questions about 4810, Mag 218 Tower
What did unit 4810 last sell for?
AED 2,300,400 on 1 May 2024: AED 1,279 per sqft for 1,798 sqft. The unit has 4 registered sales; the first was AED 1,725,099 in July 2009.
What is the rent for unit 4810?
AED 50,000 a year on the contract signed on 11 October 2020. The previous contract, from August 2020, was AED 5,000.
How big is unit 4810?
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 4810 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 4810, Mag 218 Tower
Starts from the last sale price (AED 2.3M, 1 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,400
- Deposit, UAE resident (20%)
- AED 460,080
- Deposit, non-resident (40%)
- AED 920,160
- Monthly over 25 years at 3.7%
- AED 9,412
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →