1-bed · 908 sqftMag 218 Tower, Dubai Marina · 49th floor · completed 2010

4907, Mag 218 Tower

Sold prices and rental history: sold 3 times, last in September 2011, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4907 · DLD and Ejari recordsUpdated 20 March 2022
Last soldAED 727K19 September 2011
Current rentAED 52K /yr20 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4907, Mag 218 Tower

What is 4907 worth today?

Last sold for AED 726,520 in 2011

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20 Mar 2022RentedRenewal
AED 52,000/yr13 months · AED 58 per sqft
20 Mar 2022RentedRenewal
AED 52,000/yr13 months · AED 58 per sqft
20 Feb 2021RentedNew contract
AED 52,000/yr13 months · AED 58 per sqft
6 May 2019RentedNew contract
AED 70,000/yr13 months · AED 77 per sqft
19 Sep 2011SoldReady
AED 726,520AED 800 per sqft
22 Jul 2010Sold by developerOff-plan
AED 726,519AED 800 per sqft
22 Jul 2010SoldOff-plan
AED 726,519AED 800 per sqft

Source: Dubai Land Department. Updated 20 March 2022.

Key facts

Type
1-bed apartment
Size
908 sqft
Floor
49th of 55
Parking
1P49
Developer
Dream Estate
Completed
2010
Service charge
AED 13,200 /yr
Last sold
AED 727K · September 2011

About 4907, Mag 218 Tower

4907 is a one-bedroom apartment of 908 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 19 September 2011 for AED 726,520, or AED 800 per sqft, in line with the AED 796 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 20 March 2022, is AED 52,000 a year: a gross yield of 7.2% on the 2011 price, before the service charge of about AED 13,200 a year.

Sales and rents for 4907 over time

Sales
Unit 4907, each saleTypical one-bed in Mag 218 Tower
1M2005201120172023Typical 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, July 2010: AED 726,519 (AED 800 per sqft)Sold, July 2010: AED 726,519 (AED 800 per sqft)Sold, September 2011: AED 726,520 (AED 800 per sqft)

4907 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4907, each contractTypical one-bed in Mag 218 Tower
60K80K2012201620202024Typical 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, May 2019: AED 70,000 a yearNew contract, February 2021: AED 52,000 a yearRenewal, March 2022: AED 52,000 a yearRenewal, March 2022: AED 52,000 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 4907 sits

All 333 1-beds →

4907 last sold in September 2011 at AED 800 per sqft, in line with what one-beds in Mag 218 Tower were fetching at the time (AED 796). 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. 4907's AED 52,000 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
49031-bedAED 1.38M · Jul 2015
49041-bedAED 710K · Oct 2020
49052-bedAED 2.32M · Jul 2024
49062-bedAED 1.9M · Apr 2016
49081-bedAED 1.2M · Sep 2025
1–7 of 9

4907, Mag 218 Tower in numbers

  • Sold 3 times: first on 22 July 2010 for AED 726,519, last on 19 September 2011 for AED 726,520 (AED 800 per sqft).
  • Rented since May 2019 on 4 Ejari contracts, from AED 70,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2011 price is 7.2%, before a service charge of about AED 13,200 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 20 March 2022.

Questions about 4907, Mag 218 Tower

What did unit 4907 last sell for?

AED 726,520 on 19 September 2011: AED 800 per sqft for 908 sqft. The unit has 3 registered sales; the first was AED 726,519 in July 2010.

What is the rent for unit 4907?

AED 52,000 a year on the contract renewed on 20 March 2022. The previous contract, from March 2022, was AED 52,000; the unit has been rented since May 2019.

How big is unit 4907?

908 sqft (84.4 sqm): a one-bedroom apartment on the 49th floor of a 55-storey tower completed in 2010.

What is unit 4907 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 4907, Mag 218 Tower

Starts from the last sale price (AED 727K, 19 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 726,520
Deposit, UAE resident (20%)
AED 145,304
Deposit, non-resident (40%)
AED 290,608
Monthly over 25 years at 3.7%
AED 2,972

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