5206, Mag 218 Tower
Sold prices and rental history: sold twice, last in October 2012, 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 5206, Mag 218 Tower
What is 5206 worth today?
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Source: Dubai Land Department. Updated 13 April 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,596 sqft
- Floor
- 52nd of 55
- Parking
- 1P65
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 23,200 /yr
- Last sold
- AED 1.88M · October 2012
- Building
- Mag 218 Tower
About 5206, Mag 218 Tower
5206 is a two-bedroom apartment of 1,596 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 10 October 2012 for AED 1,882,444, or AED 1,179 per sqft, 47% above the AED 800 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 13 April 2021, is AED 77,000 a year: a gross yield of 4.1% on the 2012 price, before the service charge of about AED 23,200 a year.
Sales and rents for 5206 over time
5206 has sold twice; 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 5206 sits
All 222 2-beds →5206 last sold in October 2012 at AED 1,179 per sqft, 47% above 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. 5206's AED 77,000 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 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 | |
| 5203 | 1-bed | 844 sqft | AED 1MAED 1,000,000 · Sep 2017September 2017 | 90,000 /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 | |
| 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 |
5206, Mag 218 Tower in numbers
- Sold twice: first on 6 July 2009 for AED 1,882,444, last on 10 October 2012 for AED 1,882,444 (AED 1,179 per sqft).
- Rented since October 2013 on 8 Ejari contracts, from AED 110,000 to AED 77,000 a year.
- At AED 77,000 a year the gross yield on the 2012 price is 4.1%, 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 13 April 2021.
Questions about 5206, Mag 218 Tower
What did unit 5206 last sell for?
AED 1,882,444 on 10 October 2012: AED 1,179 per sqft for 1,596 sqft. The unit has 2 registered sales; the first was AED 1,882,444 in July 2009.
What is the rent for unit 5206?
AED 77,000 a year on the contract signed on 13 April 2021. The previous contract, from April 2020, was AED 105,000; the unit has been rented since October 2013.
How big is unit 5206?
1,596 sqft (148.3 sqm): a two-bedroom apartment on the 52nd floor of a 55-storey tower completed in 2010.
What is unit 5206 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 5206, Mag 218 Tower
Starts from the last sale price (AED 1.88M, 10 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,882,444
- Deposit, UAE resident (20%)
- AED 376,489
- Deposit, non-resident (40%)
- AED 752,978
- Monthly over 25 years at 3.7%
- AED 7,702
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →