5208, Mag 218 Tower
Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5208, Mag 218 Tower
What is 5208 worth today?
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Source: Dubai Land Department. Updated 15 March 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 52nd of 55
- Parking
- 1P67
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 822K · December 2012
- Building
- Mag 218 Tower
About 5208, Mag 218 Tower
5208 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 16 December 2012 for AED 822,407, or AED 974 per sqft, 18% above the AED 823 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 15 March 2021, is AED 49,000 a year: a gross yield of 6.0% on the 2012 price, before the service charge of about AED 12,300 a year.
Sales and rents for 5208 over time
5208 has sold twice; 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 5208 sits
All 333 1-beds →5208 last sold in December 2012 at AED 974 per sqft, 18% above what one-beds in Mag 218 Tower were fetching at the time (AED 823). 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. 5208's AED 49,000 is at the bottom 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 | |
| 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 | |
| 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 | ||
| 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 |
5208, Mag 218 Tower in numbers
- Sold twice: first on 10 August 2010 for AED 822,407, last on 16 December 2012 for AED 822,407 (AED 974 per sqft).
- Rented since November 2017 on 4 Ejari contracts, from AED 87,000 to AED 49,000 a year.
- At AED 49,000 a year the gross yield on the 2012 price is 6.0%, 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 15 March 2021.
Questions about 5208, Mag 218 Tower
What did unit 5208 last sell for?
AED 822,407 on 16 December 2012: AED 974 per sqft for 844 sqft. The unit has 2 registered sales; the first was AED 822,407 in August 2010.
What is the rent for unit 5208?
AED 49,000 a year on the contract signed on 15 March 2021. The previous contract, from February 2020, was AED 60,000; the unit has been rented since November 2017.
How big is unit 5208?
844 sqft (78.4 sqm): a one-bedroom apartment on the 52nd floor of a 55-storey tower completed in 2010.
What is unit 5208 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 5208, Mag 218 Tower
Starts from the last sale price (AED 822K, 16 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 822,407
- Deposit, UAE resident (20%)
- AED 164,481
- Deposit, non-resident (40%)
- AED 328,963
- Monthly over 25 years at 3.7%
- AED 3,365
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →