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

5108, Mag 218 Tower

Sold prices and rental history: sold 5 times, last in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5108 · DLD and Ejari recordsUpdated 15 May 2023
Last soldAED 1.23M15 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5108, Mag 218 Tower

What is 5108 worth today?

Last sold for AED 1,230,000 in 2023

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15 May 2023SoldReady
AED 1,230,000AED 1,457 per sqft
29 Oct 2019SoldReady
AED 1,280,000AED 1,516 per sqft
15 Jun 2014SoldReady
AED 1,400,000AED 1,658 per sqft
6 Mar 2011SoldReady
AED 779,558AED 923 per sqft
2 Aug 2010Sold by developerOff-plan
AED 779,558AED 923 per sqft

Source: Dubai Land Department. Updated 15 May 2023.

Key facts

Type
1-bed apartment
Size
844 sqft
Floor
51st of 55
Parking
1P71
Developer
Dream Estate
Completed
2010
Service charge
AED 12,300 /yr
Last sold
AED 1.23M · May 2023
Building
Mag 218 Tower

About 5108, Mag 218 Tower

5108 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 15 May 2023 for AED 1,230,000, or AED 1,457 per sqft, 37% above the AED 1,065 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5108 over time

Sales
Unit 5108, 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, August 2010: AED 779,558 (AED 923 per sqft)Sold, March 2011: AED 779,558 (AED 923 per sqft)Sold, June 2014: AED 1,400,000 (AED 1,658 per sqft)Sold, October 2019: AED 1,280,000 (AED 1,516 per sqft)Sold, May 2023: AED 1,230,000 (AED 1,457 per sqft)

5108 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5108, 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 80,000

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 5108 sits

All 333 1-beds →

5108 last sold in May 2023 at AED 1,457 per sqft, 37% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,065). 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.

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
51041-bedAED 1.51M · Apr 2014
51052-bedAED 1.3M · Jul 2011
51062-bedAED 2.45M · May 2026
51071-bedAED 1.2M · Nov 2023
1–7 of 9

5108, Mag 218 Tower in numbers

  • Sold 5 times: first on 2 August 2010 for AED 779,558, last on 15 May 2023 for AED 1,230,000 (AED 1,457 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 15 May 2023.

Questions about 5108, Mag 218 Tower

What did unit 5108 last sell for?

AED 1,230,000 on 15 May 2023: AED 1,457 per sqft for 844 sqft. The unit has 5 registered sales; the first was AED 779,558 in August 2010.

How big is unit 5108?

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

What is unit 5108 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 5108, Mag 218 Tower

Starts from the last sale price (AED 1.23M, 15 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,230,000
Deposit, UAE resident (20%)
AED 246,000
Deposit, non-resident (40%)
AED 492,000
Monthly over 25 years at 3.7%
AED 5,032

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