Home
Dubai prices
About
Research
1-bed · 908 sqftMag 218 Tower, Dubai Marina · 52nd floor · completed 2010

5204, Mag 218 Tower

Sold prices and rental history: sold 6 times, last in November 2014, and rented once, from November 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5204 · DLD and Ejari recordsUpdated 5 November 2019
Last soldAED 1.5M27 November 2014
Current rentAED 70K /yr5 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 5204

Property timeline for 5204, Mag 218 Tower

What is 5204 worth today?

Last sold for AED 1,500,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Nov 2019RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft
27 Nov 2014SoldReady
AED 1,500,000AED 1,651 per sqft
20 May 2014SoldReady
AED 1,400,000AED 1,541 per sqft
13 May 2013SoldReady
AED 1,100,000AED 1,211 per sqft
4 Sep 2011SoldReady
AED 796,812AED 877 per sqft
14 Jul 2010SoldOff-plan
AED 796,812AED 877 per sqft
14 Feb 2006Sold by developerOff-plan
AED 796,812AED 877 per sqft

Source: Dubai Land Department. Updated 5 November 2019.

Key facts

Type
1-bed apartment
Size
908 sqft
Floor
52nd of 55
Parking
1P63
Developer
Dream Estate
Completed
2010
Service charge
AED 13,200 /yr
Last sold
AED 1.5M · November 2014
Building
Mag 218 Tower

About 5204, Mag 218 Tower

5204 is a one-bedroom apartment of 908 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 27 November 2014 for AED 1,500,000, or AED 1,651 per sqft, 7% above the AED 1,541 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 November 2019. The current contract, signed on 5 November 2019, is AED 70,000 a year: a gross yield of 4.7% on the 2014 price, before the service charge of about AED 13,200 a year.

Sales and rents for 5204 over time

Sales
Unit 5204, 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, February 2006: AED 796,812 (AED 877 per sqft)Sold, July 2010: AED 796,812 (AED 877 per sqft)Sold, September 2011: AED 796,812 (AED 877 per sqft)Sold, May 2013: AED 1,100,000 (AED 1,211 per sqft)Sold, May 2014: AED 1,400,000 (AED 1,541 per sqft)Sold, November 2014: AED 1,500,000 (AED 1,651 per sqft)

5204 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5204, 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 2019: AED 70,000 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 5204 sits

All 333 1-beds →

5204 last sold in November 2014 at AED 1,651 per sqft, 7% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,541). 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. 5204's AED 70,000 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 52nd floor

All 550 units in Mag 218 Tower
Value
52012-bedAED 1.45M · Dec 2018
52021-bedAED 1M · May 2022
52031-bedAED 1M · Sep 2017
52052-bedAED 1.8M · Jan 2013
52062-bedAED 1.88M · Oct 2012
52071-bedAED 1.4M · May 2023
52081-bedAED 822K · Dec 2012
1–7 of 9

5204, Mag 218 Tower in numbers

  • Sold 6 times: first on 14 February 2006 for AED 796,812, last on 27 November 2014 for AED 1,500,000 (AED 1,651 per sqft).
  • Rented since November 2019 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2014 price is 4.7%, 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 5 November 2019.

Questions about 5204, Mag 218 Tower

What did unit 5204 last sell for?

AED 1,500,000 on 27 November 2014: AED 1,651 per sqft for 908 sqft. The unit has 6 registered sales; the first was AED 796,812 in February 2006.

What is the rent for unit 5204?

AED 70,000 a year on the contract signed on 5 November 2019.

How big is unit 5204?

908 sqft (84.4 sqm): a one-bedroom apartment on the 52nd floor of a 55-storey tower completed in 2010.

What is unit 5204 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.

Selling 5204? 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.

How OpenOffers works

Mortgage on 5204, Mag 218 Tower

Starts from the last sale price (AED 1.5M, 27 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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