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2-bed · 1,798 sqftMag 218 Tower, Dubai Marina · 49th floor · completed 2010

4905, Mag 218 Tower

Sold prices and rental history: sold 4 times, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4905 · DLD and Ejari recordsUpdated 9 July 2024
Last soldAED 2.32M9 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4905, Mag 218 Tower

What is 4905 worth today?

Last sold for AED 2,315,000 in 2024

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9 Jul 2024SoldReady
AED 2,315,000AED 1,287 per sqft
6 Aug 2013SoldReady
AED 2,100,000AED 1,167 per sqft
25 Dec 2012SoldReady
AED 1,728,957AED 961 per sqft
6 Jul 2009Sold by developerOff-plan
AED 1,728,957AED 961 per sqft

Source: Dubai Land Department. Updated 9 July 2024.

Key facts

Type
2-bed apartment
Size
1,798 sqft
Floor
49th of 55
Parking
1P81
Developer
Dream Estate
Completed
2010
Service charge
AED 26,100 /yr
Last sold
AED 2.32M · July 2024
Building
Mag 218 Tower

About 4905, Mag 218 Tower

4905 is a two-bedroom apartment of 1,798 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 9 July 2024 for AED 2,315,000, or AED 1,287 per sqft, 14% above the AED 1,133 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4905 over time

Sales
Unit 4905, each saleTypical two-bed in Mag 218 Tower
1M2M2006201220182024Typical sale price by year: 2006 AED 1,318,478; 2009 AED 1,437,450; 2010 AED 1,377,898; 2011 AED 1,423,264; 2012 AED 1,415,209; 2013 AED 1,700,000; 2014 AED 2,275,000; 2015 AED 1,950,000; 2016 AED 1,800,000; 2017 AED 1,840,000; 2018 AED 1,550,000; 2019 AED 1,215,000; 2020 AED 1,150,000; 2021 AED 1,215,000; 2022 AED 1,534,583; 2023 AED 1,797,500; 2024 AED 2,175,000; 2025 AED 2,200,000; 2026 AED 2,265,000Sold by developer, July 2009: AED 1,728,957 (AED 961 per sqft)Sold, December 2012: AED 1,728,957 (AED 961 per sqft)Sold, August 2013: AED 2,100,000 (AED 1,167 per sqft)Sold, July 2024: AED 2,315,000 (AED 1,287 per sqft)

4905 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4905, each contractTypical two-bed in Mag 218 Tower
100K125K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 130,000; 2015 AED 137,634; 2016 AED 135,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 104,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 96,800; 2023 AED 105,500; 2024 AED 126,000; 2025 AED 130,000; 2026 AED 126,000

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 4905 sits

All 222 2-beds →

4905 last sold in July 2024 at AED 1,287 per sqft, 14% above what two-beds in Mag 218 Tower were fetching at the time (AED 1,133). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20261,600,000
25 Sep 20262,100,000
24 Jun 20262,040,000
19 May 20262,450,000
8 2-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
49031-bedAED 1.38M · Jul 2015
49041-bedAED 710K · Oct 2020
49062-bedAED 1.9M · Apr 2016
49071-bedAED 727K · Sep 2011
49081-bedAED 1.2M · Sep 2025
1–7 of 9

4905, Mag 218 Tower in numbers

  • Sold 4 times: first on 6 July 2009 for AED 1,728,957, last on 9 July 2024 for AED 2,315,000 (AED 1,287 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 9 July 2024.

Questions about 4905, Mag 218 Tower

What did unit 4905 last sell for?

AED 2,315,000 on 9 July 2024: AED 1,287 per sqft for 1,798 sqft. The unit has 4 registered sales; the first was AED 1,728,957 in July 2009.

How big is unit 4905?

1,798 sqft (167.0 sqm): a two-bedroom apartment on the 49th floor of a 55-storey tower completed in 2010.

What is unit 4905 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 4905, Mag 218 Tower

Starts from the last sale price (AED 2.32M, 9 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,315,000
Deposit, UAE resident (20%)
AED 463,000
Deposit, non-resident (40%)
AED 926,000
Monthly over 25 years at 3.7%
AED 9,471

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