1-bed · 844 sqftMag 218 Tower, Dubai Marina · 51st floor · completed 2010

5103, Mag 218 Tower

Sold prices and rental history: sold 5 times, last in January 2017, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5103 · DLD and Ejari recordsUpdated 1 August 2020
Last soldAED 1.39M12 January 2017
Current rentAED 52K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5103, Mag 218 Tower

What is 5103 worth today?

Last sold for AED 1,390,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Aug 2020RentedNew contract
AED 52,000/yr12 months · AED 62 per sqft
21 Jul 2019RentedNew contract
AED 75,000/yr12 months · AED 89 per sqft
15 Jul 2018RentedNew contract
AED 80,000/yr12 months · AED 95 per sqft
12 Jan 2017SoldReady
AED 1,390,000AED 1,646 per sqft
29 Nov 2015SoldReady
AED 1,300,000AED 1,540 per sqft
6 Aug 2012SoldReady
AED 738,529AED 875 per sqft
3 Jan 2011Sold by developerReady
AED 738,529AED 875 per sqft
3 Jan 2011SoldReady
AED 738,529AED 875 per sqft

Source: Dubai Land Department. Updated 1 August 2020.

Key facts

Type
1-bed apartment
Size
844 sqft
Floor
51st of 55
Parking
1P58
Developer
Dream Estate
Completed
2010
Service charge
AED 12,300 /yr
Last sold
AED 1.39M · January 2017

About 5103, Mag 218 Tower

5103 is a one-bedroom apartment of 844 sqft on the 51st floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 12 January 2017 for AED 1,390,000, or AED 1,646 per sqft, 30% above the AED 1,266 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 August 2020, is AED 52,000 a year: a gross yield of 3.7% on the 2017 price, before the service charge of about AED 12,300 a year.

Sales and rents for 5103 over time

Sales
Unit 5103, 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, January 2011: AED 738,529 (AED 875 per sqft)Sold, January 2011: AED 738,529 (AED 875 per sqft)Sold, August 2012: AED 738,529 (AED 875 per sqft)Sold, November 2015: AED 1,300,000 (AED 1,540 per sqft)Sold, January 2017: AED 1,390,000 (AED 1,646 per sqft)

5103 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5103, 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, July 2018: AED 80,000 a yearNew contract, July 2019: AED 75,000 a yearNew contract, August 2020: 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 5103 sits

All 333 1-beds →

5103 last sold in January 2017 at AED 1,646 per sqft, 30% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,266). 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. 5103'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 51st floor

All 550 units in Mag 218 Tower
Value
51012-bedAED 1.28M · May 2012
51021-bedAED 1.39M · Oct 2023
51041-bedAED 1.51M · Apr 2014
51052-bedAED 1.3M · Jul 2011
51062-bedAED 2.45M · May 2026
51071-bedAED 1.2M · Nov 2023
51081-bedAED 1.23M · May 2023
1–7 of 9

5103, Mag 218 Tower in numbers

  • Sold 5 times: first on 3 January 2011 for AED 738,529, last on 12 January 2017 for AED 1,390,000 (AED 1,646 per sqft).
  • Rented since July 2018 on 3 Ejari contracts, from AED 80,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2017 price is 3.7%, 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 1 August 2020.

Questions about 5103, Mag 218 Tower

What did unit 5103 last sell for?

AED 1,390,000 on 12 January 2017: AED 1,646 per sqft for 844 sqft. The unit has 5 registered sales; the first was AED 738,529 in January 2011.

What is the rent for unit 5103?

AED 52,000 a year on the contract signed on 1 August 2020. The previous contract, from July 2019, was AED 75,000; the unit has been rented since July 2018.

How big is unit 5103?

844 sqft (78.4 sqm): a one-bedroom apartment on the 51st floor of a 55-storey tower completed in 2010.

What is unit 5103 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.

Selling 5103? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 5103, Mag 218 Tower

Starts from the last sale price (AED 1.39M, 12 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,390,000
Deposit, UAE resident (20%)
AED 278,000
Deposit, non-resident (40%)
AED 556,000
Monthly over 25 years at 3.7%
AED 5,687

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