1-bed · 908 sqftMag 218 Tower, Dubai Marina · 51st floor · completed 2010

5104, Mag 218 Tower

Sold prices and rental history: sold 3 times, last in April 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5104 · DLD and Ejari recordsUpdated 10 May 2024
Last soldAED 1.51M10 April 2014
Current rentAED 64K /yr10 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5104, Mag 218 Tower

What is 5104 worth today?

Last sold for AED 1,510,000 in 2014

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10 May 2024RentedRenewal
AED 64,000/yr13 months · AED 71 per sqft
10 May 2024RentedRenewal
AED 64,000/yr13 months · AED 71 per sqft
10 Apr 2023RentedRenewal
AED 62,000/yr13 months · AED 69 per sqft
10 Mar 2022RentedRenewal
AED 60,000/yr13 months · AED 66 per sqft
10 Feb 2021RentedNew contract
AED 60,000/yr13 months · AED 66 per sqft
29 Nov 2019RentedRenewal
AED 80,000/yr12 months · AED 88 per sqft
29 Nov 2018RentedNew contract
AED 82,000/yr12 months · AED 91 per sqft
10 Apr 2014SoldReady
AED 1,510,000AED 1,662 per sqft

Source: Dubai Land Department. Updated 10 May 2024.

Key facts

Type
1-bed apartment
Size
908 sqft
Floor
51st of 55
Parking
1P57
Developer
Dream Estate
Completed
2010
Service charge
AED 13,200 /yr
Last sold
AED 1.51M · April 2014

About 5104, Mag 218 Tower

5104 is a one-bedroom apartment of 908 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 10 April 2014 for AED 1,510,000, or AED 1,662 per sqft, 39% above the AED 1,199 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 10 May 2024, is AED 64,000 a year: a gross yield of 4.2% on the 2014 price, before the service charge of about AED 13,200 a year.

Sales and rents for 5104 over time

Sales
Unit 5104, 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, September 2011: AED 795,049 (AED 875 per sqft)Sold, September 2013: AED 1,130,000 (AED 1,244 per sqft)Sold, April 2014: AED 1,510,000 (AED 1,662 per sqft)

5104 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5104, 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, November 2018: AED 82,000 a yearRenewal, November 2019: AED 80,000 a yearNew contract, February 2021: AED 60,000 a yearRenewal, March 2022: AED 60,000 a yearRenewal, April 2023: AED 62,000 a yearRenewal, May 2024: AED 64,000 a yearRenewal, May 2024: AED 64,000 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 5104 sits

All 333 1-beds →

5104 last sold in April 2014 at AED 1,662 per sqft, 39% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,199). 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. 5104's AED 64,000 is in the lower half 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
51031-bedAED 1.39M · Jan 2017
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

5104, Mag 218 Tower in numbers

  • Sold 3 times: first on 19 September 2011 for AED 795,049, last on 10 April 2014 for AED 1,510,000 (AED 1,662 per sqft).
  • Rented since November 2018 on 7 Ejari contracts, from AED 82,000 to AED 64,000 a year.
  • At AED 64,000 a year the gross yield on the 2014 price is 4.2%, 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 10 May 2024.

Questions about 5104, Mag 218 Tower

What did unit 5104 last sell for?

AED 1,510,000 on 10 April 2014: AED 1,662 per sqft for 908 sqft. The unit has 3 registered sales; the first was AED 795,049 in September 2011.

What is the rent for unit 5104?

AED 64,000 a year on the contract renewed on 10 May 2024. The previous contract, from May 2024, was AED 64,000; the unit has been rented since November 2018.

How big is unit 5104?

908 sqft (84.4 sqm): a one-bedroom apartment on the 51st floor of a 55-storey tower completed in 2010.

What is unit 5104 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 5104, Mag 218 Tower

Starts from the last sale price (AED 1.51M, 10 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,510,000
Deposit, UAE resident (20%)
AED 302,000
Deposit, non-resident (40%)
AED 604,000
Monthly over 25 years at 3.7%
AED 6,178

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