5203, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in September 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5203, Mag 218 Tower
What is 5203 worth today?
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Source: Dubai Land Department. Updated 1 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 52nd of 55
- Parking
- 1P24
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 1M · September 2017
- Building
- Mag 218 Tower
About 5203, Mag 218 Tower
5203 is a one-bedroom apartment of 844 sqft on the 52nd floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 20 September 2017 for AED 1,000,000, or AED 1,184 per sqft, 5% below the AED 1,244 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 July 2024, is AED 90,000 a year: a gross yield of 9.0% on the 2017 price, before the service charge of about AED 12,300 a year.
Sales and rents for 5203 over time
5203 has sold 4 times; the dashed line is the one-bed median of each year in the building.
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 5203 sits
All 333 1-beds →5203 last sold in September 2017 at AED 1,184 per sqft, 5% below what one-beds in Mag 218 Tower were fetching at the time (AED 1,244). 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. 5203's AED 90,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 202617 September 2026 | 844 sqft | 1,050,000 | 1,244 | ||
| 4 Sep 20264 September 2026 | 875 sqft | 1,150,000 | 1,314 | ||
| 14 Jul 202614 July 2026 | 864 sqft | 1,230,000 | 1,423 | ||
| 7 Jul 20267 July 2026 | 908 sqft | 1,250,000 | 1,376 |
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 52nd floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5201 | 2-bed | 1,596 sqft | AED 1.45MAED 1,450,000 · Dec 2018December 2018 | 140,000 /yr | |
| 5202 | 1-bed | 908 sqft | AED 1MAED 1,000,000 · May 2022May 2022 | 80,000 /yr | |
| 5204 | 1-bed | 908 sqft | AED 1.5MAED 1,500,000 · Nov 2014November 2014 | 70,000 /yr | |
| 5205 | 2-bed | 1,596 sqft | AED 1.8MAED 1,800,000 · Jan 2013January 2013 | 135,000 /yr | |
| 5206 | 2-bed | 1,596 sqft | AED 1.88MAED 1,882,444 · Oct 2012October 2012 | 77,000 /yr | |
| 5207 | 1-bed | 908 sqft | AED 1.4MAED 1,400,000 · May 2023May 2023 | ||
| 5208 | 1-bed | 844 sqft | AED 822KAED 822,407 · Dec 2012December 2012 | 49,000 /yr | |
| 5209 | 1-bed | 908 sqft | AED 1.51MAED 1,510,000 · Aug 2014August 2014 | 80,000 /yr | |
| 5210 | 2-bed | 1,596 sqft | AED 1.2MAED 1,200,000 · Jun 2019June 2019 | 126,000 /yr |
5203, Mag 218 Tower in numbers
- Sold 4 times: first on 22 July 2010 for AED 740,167, last on 20 September 2017 for AED 1,000,000 (AED 1,184 per sqft).
- Rented since December 2013 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 63,000 in 2020 and recovered to AED 90,000 by July 2024.
- At AED 90,000 a year the gross yield on the 2017 price is 9.0%, 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 July 2024.
Questions about 5203, Mag 218 Tower
What did unit 5203 last sell for?
AED 1,000,000 on 20 September 2017: AED 1,184 per sqft for 844 sqft. The unit has 4 registered sales; the first was AED 740,167 in July 2010.
What is the rent for unit 5203?
AED 90,000 a year on the contract signed on 1 July 2024. The previous contract, from July 2024, was AED 90,000; the unit has been rented since December 2013.
How big is unit 5203?
844 sqft (78.4 sqm): a one-bedroom apartment on the 52nd floor of a 55-storey tower completed in 2010.
What is unit 5203 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 5203, Mag 218 Tower
Starts from the last sale price (AED 1M, 20 September 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →