504, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Mag 218 Tower
What is 504 worth today?
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Source: Dubai Land Department. Updated 3 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 864 sqft
- Floor
- 5th of 55
- Parking
- 4P14
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.12M · April 2024
- Building
- Mag 218 Tower
About 504, Mag 218 Tower
504 is a one-bedroom apartment of 864 sqft on the 5th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 15 April 2024 for AED 1,120,000, or AED 1,296 per sqft, in line with the AED 1,288 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 3 August 2026, is AED 80,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 12,600 a year.
Sales and rents for 504 over time
504 has sold 4 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 504 sits
All 333 1-beds →504 last sold in April 2024 at AED 1,296 per sqft, in line with what one-beds in Mag 218 Tower were fetching at the time (AED 1,288). 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. 504'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 5th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,723 sqft | AED 1.83MAED 1,825,000 · Aug 2023August 2023 | 100,000 /yr | |
| 502 | 1-bed | 864 sqft | AED 1.1MAED 1,100,000 · Dec 2013December 2013 | 80,000 /yr | |
| 503 | 1-bed | 844 sqft | AED 918KAED 918,000 · Oct 2024October 2024 | 80,000 /yr | |
| 505 | 2-bed | 1,723 sqft | AED 1MAED 1,000,000 · Sep 2016September 2016 | 145,000 /yr | |
| 506 | 2-bed | 1,723 sqft | AED 1.85MAED 1,850,000 · Dec 2015December 2015 | 133,000 /yr | |
| 507 | 1-bed | 864 sqft | AED 650KAED 650,000 · Jun 2012June 2012 | 68,500 /yr | |
| 508 | 1-bed | 844 sqft | AED 825KAED 825,000 · Sep 2012September 2012 | 75,000 /yr | |
| 509 | 1-bed | 864 sqft | AED 1MAED 1,000,000 · Nov 2012November 2012 | 140,000 /yr | |
| 510 | 2-bed | 1,723 sqft | AED 740KAED 740,000 · Jan 2013January 2013 | 85,000 /yr |
504, Mag 218 Tower in numbers
- Sold 4 times: first on 6 July 2009 for AED 578,073, last on 15 April 2024 for AED 1,120,000 (AED 1,296 per sqft).
- Rented since December 2013 on 9 Ejari contracts. The rent fell from AED 57,750 to AED 41,000 in 2021 and recovered to AED 80,000 by August 2026.
- At AED 80,000 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 12,600 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 3 August 2026.
Questions about 504, Mag 218 Tower
What did unit 504 last sell for?
AED 1,120,000 on 15 April 2024: AED 1,296 per sqft for 864 sqft. The unit has 4 registered sales; the first was AED 578,073 in July 2009.
What is the rent for unit 504?
AED 80,000 a year on the contract renewed on 3 August 2026. The previous contract, from August 2025, was AED 80,000; the unit has been rented since December 2013.
How big is unit 504?
864 sqft (80.3 sqm): a one-bedroom apartment on the 5th floor of a 55-storey tower completed in 2010.
What is unit 504 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 504, Mag 218 Tower
Starts from the last sale price (AED 1.12M, 15 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,120,000
- Deposit, UAE resident (20%)
- AED 224,000
- Deposit, non-resident (40%)
- AED 448,000
- Monthly over 25 years at 3.7%
- AED 4,582
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →