2-bed · 1,596 sqftMag 218 Tower, Dubai Marina · 51st floor · completed 2010

5105, Mag 218 Tower

Sold prices and rental history: sold twice, last in July 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5105 · DLD and Ejari recordsUpdated 17 December 2024
Last soldAED 1.3M25 July 2011
Current rentAED 150K /yr17 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5105, Mag 218 Tower

What is 5105 worth today?

Last sold for AED 1,300,000 in 2011

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17 Dec 2024RentedNew contract
AED 150,000/yr12 months · AED 94 per sqft
17 Dec 2024RentedNew contract
AED 150,000/yr12 months · AED 94 per sqft
1 Oct 2023RentedRenewal
AED 100,000/yr12 months · AED 63 per sqft
1 Oct 2022RentedRenewal
AED 91,300/yr12 months · AED 57 per sqft
1 Oct 2021RentedRenewal
AED 83,000/yr12 months · AED 52 per sqft
1 Oct 2020RentedNew contract
AED 80,000/yr12 months · AED 50 per sqft
28 Sep 2018RentedRenewal
AED 130,000/yr12 months · AED 82 per sqft
28 Sep 2017RentedNew contract
AED 135,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 17 December 2024.

Key facts

Type
2-bed apartment
Size
1,596 sqft
Floor
51st of 55
Parking
1P68
Developer
Dream Estate
Completed
2010
Service charge
AED 23,200 /yr
Last sold
AED 1.3M · July 2011

About 5105, Mag 218 Tower

5105 is a two-bedroom apartment of 1,596 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 25 July 2011 for AED 1,300,000, or AED 814 per sqft, in line with the AED 800 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 17 December 2024, is AED 150,000 a year: a gross yield of 11.5% on the 2011 price, before the service charge of about AED 23,200 a year.

Sales and rents for 5105 over time

Sales
Unit 5105, each saleTypical two-bed in Mag 218 Tower
1M2M2006201220182024Typical sale price by year: 2006 AED 1,318,478; 2009 AED 1,437,450; 2010 AED 1,377,898; 2011 AED 1,423,264; 2012 AED 1,415,209; 2013 AED 1,700,000; 2014 AED 2,275,000; 2015 AED 1,950,000; 2016 AED 1,800,000; 2017 AED 1,840,000; 2018 AED 1,550,000; 2019 AED 1,215,000; 2020 AED 1,150,000; 2021 AED 1,215,000; 2022 AED 1,534,583; 2023 AED 1,797,500; 2024 AED 2,175,000; 2025 AED 2,200,000; 2026 AED 2,265,000Sold, July 2011: AED 1,300,000 (AED 814 per sqft)Sold by developer, July 2011: AED 1,276,800 (AED 800 per sqft)

5105 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5105, each contractTypical two-bed in Mag 218 Tower
100K150K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 130,000; 2015 AED 137,634; 2016 AED 135,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 104,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 96,800; 2023 AED 105,500; 2024 AED 126,000; 2025 AED 130,000; 2026 AED 126,000New contract, October 2013: AED 120,000 a yearNew contract, November 2014: AED 145,000 a yearRenewal, November 2015: AED 145,000 a yearNew contract, September 2017: AED 135,000 a yearRenewal, September 2018: AED 130,000 a yearNew contract, October 2020: AED 80,000 a yearRenewal, October 2021: AED 83,000 a yearRenewal, October 2022: AED 91,300 a yearRenewal, October 2023: AED 100,000 a yearNew contract, December 2024: AED 150,000 a yearNew contract, December 2024: AED 150,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Mag 218 Tower, and where 5105 sits

All 222 2-beds →

5105 last sold in July 2011 at AED 814 per sqft, in line with what two-beds in Mag 218 Tower were fetching at the time (AED 800). Over the last 12 months two-beds sold for AED 1,600,000 to 2,500,000, around AED 1,273 per sqft, and rent for AED 70,000 to 275,000 a year. 5105's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20261,600,000
25 Sep 20262,100,000
24 Jun 20262,040,000
19 May 20262,450,000
8 2-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
51041-bedAED 1.51M · Apr 2014
51062-bedAED 2.45M · May 2026
51071-bedAED 1.2M · Nov 2023
51081-bedAED 1.23M · May 2023
1–7 of 9

5105, Mag 218 Tower in numbers

  • Sold twice: first on 5 July 2011 for AED 1,276,800, last on 25 July 2011 for AED 1,300,000 (AED 814 per sqft).
  • Rented since October 2013 on 11 Ejari contracts. The rent fell from AED 120,000 to AED 80,000 in 2020 and recovered to AED 150,000 by December 2024.
  • At AED 150,000 a year the gross yield on the 2011 price is 11.5%, before a service charge of about AED 23,200 a year (AED 14.54 per sqft).
  • Two-beds in Mag 218 Tower sold for AED 1,600,000–2,500,000 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 17 December 2024.

Questions about 5105, Mag 218 Tower

What did unit 5105 last sell for?

AED 1,300,000 on 25 July 2011: AED 814 per sqft for 1,596 sqft. The unit has 2 registered sales; the first was AED 1,276,800 in July 2011.

What is the rent for unit 5105?

AED 150,000 a year on the contract signed on 17 December 2024. The previous contract, from December 2024, was AED 150,000; the unit has been rented since October 2013.

How big is unit 5105?

1,596 sqft (148.3 sqm): a two-bedroom apartment on the 51st floor of a 55-storey tower completed in 2010.

What is unit 5105 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Mag 218 Tower sold for AED 1,600,000 to 2,500,000 in the last 12 months, around AED 1,273 per sqft.

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Mortgage on 5105, Mag 218 Tower

Starts from the last sale price (AED 1.3M, 25 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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