1-bed · 844 sqftMag 218 Tower, Dubai Marina · 49th floor · completed 2010

4903, Mag 218 Tower

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

Unit 4903 · DLD and Ejari recordsUpdated 15 August 2022
Last soldAED 1.38M8 July 2015
Current rentAED 60K /yr15 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4903, Mag 218 Tower

What is 4903 worth today?

Last sold for AED 1,380,000 in 2015

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15 Aug 2022RentedRenewal
AED 60,000/yr12 months · AED 71 per sqft
15 Aug 2021RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft
20 Nov 2020RentedRenewal
AED 53,333/yr9 months · AED 64 per sqft
20 Nov 2019RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
1 Oct 2015RentedNew contract
AED 95,000/yr12 months · AED 113 per sqft
8 Jul 2015SoldReady
AED 1,380,000AED 1,635 per sqft
19 Feb 2015Sold by developerReady
AED 710,390AED 841 per sqft

Source: Dubai Land Department. Updated 15 August 2022.

Key facts

Type
1-bed apartment
Size
844 sqft
Floor
49th of 55
Parking
1P79
Developer
Dream Estate
Completed
2010
Service charge
AED 12,300 /yr
Last sold
AED 1.38M · July 2015

About 4903, Mag 218 Tower

4903 is a one-bedroom apartment of 844 sqft on the 49th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 8 July 2015 for AED 1,380,000, or AED 1,635 per sqft, 15% above the AED 1,421 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 15 August 2022, is AED 60,000 a year: a gross yield of 4.3% on the 2015 price, before the service charge of about AED 12,300 a year.

Sales and rents for 4903 over time

Sales
Unit 4903, 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, February 2015: AED 710,390 (AED 841 per sqft)Sold, July 2015: AED 1,380,000 (AED 1,635 per sqft)

4903 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4903, each contractTypical one-bed in Mag 218 Tower
60K80K100K2012201620202024Typical 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, October 2015: AED 95,000 a yearNew contract, November 2019: AED 60,000 a yearRenewal, November 2020: AED 53,333 a yearNew contract, August 2021: AED 55,000 a yearRenewal, August 2022: AED 60,000 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 4903 sits

All 333 1-beds →

4903 last sold in July 2015 at AED 1,635 per sqft, 15% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,421). 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. 4903's AED 60,000 is at the bottom 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 49th floor

All 550 units in Mag 218 Tower
Value
49012-bedAED 2.1M · Sep 2026
49021-bedAED 1.25M · Aug 2013
49041-bedAED 710K · Oct 2020
49052-bedAED 2.32M · Jul 2024
49062-bedAED 1.9M · Apr 2016
49071-bedAED 727K · Sep 2011
49081-bedAED 1.2M · Sep 2025
1–7 of 9

4903, Mag 218 Tower in numbers

  • Sold twice: first on 19 February 2015 for AED 710,390, last on 8 July 2015 for AED 1,380,000 (AED 1,635 per sqft).
  • Rented since October 2015 on 5 Ejari contracts. The rent fell from AED 95,000 to AED 53,333 in 2020 and recovered to AED 60,000 by August 2022.
  • At AED 60,000 a year the gross yield on the 2015 price is 4.3%, 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 15 August 2022.

Questions about 4903, Mag 218 Tower

What did unit 4903 last sell for?

AED 1,380,000 on 8 July 2015: AED 1,635 per sqft for 844 sqft. The unit has 2 registered sales; the first was AED 710,390 in February 2015.

What is the rent for unit 4903?

AED 60,000 a year on the contract renewed on 15 August 2022. The previous contract, from August 2021, was AED 55,000; the unit has been rented since October 2015.

How big is unit 4903?

844 sqft (78.4 sqm): a one-bedroom apartment on the 49th floor of a 55-storey tower completed in 2010.

What is unit 4903 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 4903, Mag 218 Tower

Starts from the last sale price (AED 1.38M, 8 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,000
Deposit, UAE resident (20%)
AED 276,000
Deposit, non-resident (40%)
AED 552,000
Monthly over 25 years at 3.7%
AED 5,646

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