5110, Mag 218 Tower
Sold prices and rental history: sold 3 times, last in June 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5110, Mag 218 Tower
What is 5110 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,596 sqft
- Floor
- 51st of 55
- Parking
- 1P73
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 23,200 /yr
- Last sold
- AED 2.15M · June 2015
- Building
- Mag 218 Tower
About 5110, Mag 218 Tower
5110 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 15 June 2015 for AED 2,149,000, or AED 1,346 per sqft, 10% above the AED 1,219 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 1 November 2024, is AED 130,000 a year: a gross yield of 6.0% on the 2015 price, before the service charge of about AED 23,200 a year.
Sales and rents for 5110 over time
5110 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 5110 sits
All 222 2-beds →5110 last sold in June 2015 at AED 1,346 per sqft, 10% above what two-beds in Mag 218 Tower were fetching at the time (AED 1,219). 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. 5110's AED 130,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 1,723 sqft | 1,600,000 | 928 | ||
| 25 Sep 202625 September 2026 | 1,798 sqft | 2,100,000 | 1,167 | ||
| 24 Jun 202624 June 2026 | 1,723 sqft | 2,040,000 | 1,183 | ||
| 19 May 202619 May 2026 | 1,798 sqft | 2,450,000 | 1,362 |
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 51st floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5101 | 2-bed | 1,596 sqft | AED 1.28MAED 1,276,800 · May 2012May 2012 | 130,000 /yr | |
| 5102 | 1-bed | 908 sqft | AED 1.39MAED 1,390,000 · Oct 2023October 2023 | 76,533 /yr | |
| 5103 | 1-bed | 844 sqft | AED 1.39MAED 1,390,000 · Jan 2017January 2017 | 52,000 /yr | |
| 5104 | 1-bed | 908 sqft | AED 1.51MAED 1,510,000 · Apr 2014April 2014 | 64,000 /yr | |
| 5105 | 2-bed | 1,596 sqft | AED 1.3MAED 1,300,000 · Jul 2011July 2011 | 150,000 /yr | |
| 5106 | 2-bed | 1,596 sqft | AED 2.45MAED 2,450,000 · May 2026May 2026 | 115,000 /yr | |
| 5107 | 1-bed | 908 sqft | AED 1.2MAED 1,200,000 · Nov 2023November 2023 | 99,643 /yr | |
| 5108 | 1-bed | 844 sqft | AED 1.23MAED 1,230,000 · May 2023May 2023 | ||
| 5109 | 1-bed | 908 sqft | AED 1.2MAED 1,200,000 · Oct 2016October 2016 | 97,000 /yr |
5110, Mag 218 Tower in numbers
- Sold 3 times: first on 19 April 2011 for AED 1,878,267, last on 15 June 2015 for AED 2,149,000 (AED 1,346 per sqft).
- Rented since July 2014 on 10 Ejari contracts. The rent fell from AED 130,000 to AED 95,000 in 2019 and recovered to AED 130,000 by November 2024.
- At AED 130,000 a year the gross yield on the 2015 price is 6.0%, 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 1 November 2024.
Questions about 5110, Mag 218 Tower
What did unit 5110 last sell for?
AED 2,149,000 on 15 June 2015: AED 1,346 per sqft for 1,596 sqft. The unit has 3 registered sales; the first was AED 1,878,267 in April 2011.
What is the rent for unit 5110?
AED 130,000 a year on the contract signed on 1 November 2024. The previous contract, from November 2024, was AED 130,000; the unit has been rented since July 2014.
How big is unit 5110?
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 5110 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.
Selling 5110? 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.
Mortgage on 5110, Mag 218 Tower
Starts from the last sale price (AED 2.15M, 15 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,149,000
- Deposit, UAE resident (20%)
- AED 429,800
- Deposit, non-resident (40%)
- AED 859,600
- Monthly over 25 years at 3.7%
- AED 8,792
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →