5008, Mag 218 Tower
Sold prices and rental history: sold 3 times, last in April 2019, 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 5008, Mag 218 Tower
What is 5008 worth today?
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Source: Dubai Land Department. Updated 9 November 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 50th of 55
- Parking
- 1P74
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 1M · April 2019
- Building
- Mag 218 Tower
About 5008, Mag 218 Tower
5008 is a one-bedroom apartment of 844 sqft on the 50th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 28 April 2019 for AED 1,000,000, or AED 1,184 per sqft, 33% above the AED 888 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, signed on 9 November 2026, is AED 80,000 a year: a gross yield of 8.0% on the 2019 price, before the service charge of about AED 12,300 a year.
Sales and rents for 5008 over time
5008 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 5008 sits
All 333 1-beds →5008 last sold in April 2019 at AED 1,184 per sqft, 33% above what one-beds in Mag 218 Tower were fetching at the time (AED 888). 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. 5008's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 202617 September 2026 | 844 sqft | 1,050,000 | 1,244 | ||
| 4 Sep 20264 September 2026 | 875 sqft | 1,150,000 | 1,314 | ||
| 14 Jul 202614 July 2026 | 864 sqft | 1,230,000 | 1,423 | ||
| 7 Jul 20267 July 2026 | 908 sqft | 1,250,000 | 1,376 |
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 50th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5001 | 2-bed | 1,798 sqft | AED 1.57MAED 1,571,716 · Mar 2013March 2013 | 85,000 /yr | |
| 5002 | 1-bed | 908 sqft | AED 1.17MAED 1,170,000 · May 2025May 2025 | 75,000 /yr | |
| 5003 | 1-bed | 844 sqft | AED 875KAED 875,000 · Oct 2012October 2012 | 58,000 /yr | |
| 5004 | 1-bed | 908 sqft | AED 1.1MAED 1,100,000 · Mar 2026March 2026 | 85,000 /yr | |
| 5005 | 2-bed | 1,798 sqft | AED 1.82MAED 1,819,458 · Sep 2013September 2013 | 120,062 /yr | |
| 5006 | 2-bed | 1,798 sqft | AED 1.57MAED 1,569,166 · Nov 2022November 2022 | 140,000 /yr | |
| 5007 | 1-bed | 908 sqft | AED 766KAED 766,460 · Oct 2013October 2013 | ||
| 5009 | 1-bed | 908 sqft | AED 728KAED 728,137 · Jan 2012January 2012 | 70,000 /yr | |
| 5010 | 2-bed | 1,798 sqft | AED 1.29MAED 1,285,950 · Nov 2011November 2011 | 137,000 /yr |
5008, Mag 218 Tower in numbers
- Sold 3 times: first on 8 March 2011 for AED 600,000, last on 28 April 2019 for AED 1,000,000 (AED 1,184 per sqft).
- Rented since November 2014 on 13 Ejari contracts. The rent fell from AED 115,000 to AED 55,000 in 2016 and recovered to AED 80,000 by November 2026.
- At AED 80,000 a year the gross yield on the 2019 price is 8.0%, 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 9 November 2026.
Questions about 5008, Mag 218 Tower
What did unit 5008 last sell for?
AED 1,000,000 on 28 April 2019: AED 1,184 per sqft for 844 sqft. The unit has 3 registered sales; the first was AED 600,000 in March 2011.
What is the rent for unit 5008?
AED 80,000 a year on the contract signed on 9 November 2026. The previous contract, from August 2025, was AED 85,000; the unit has been rented since November 2014.
How big is unit 5008?
844 sqft (78.4 sqm): a one-bedroom apartment on the 50th floor of a 55-storey tower completed in 2010.
What is unit 5008 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 5008, Mag 218 Tower
Starts from the last sale price (AED 1M, 28 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →