5401, Mag 218 Tower
Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5401, Mag 218 Tower
What is 5401 worth today?
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Source: Dubai Land Department. Updated 1 November 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,596 sqft
- Floor
- 54th of 55
- Parking
- 1P34
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 23,200 /yr
- Last sold
- AED 1.9M · December 2014
- Building
- Mag 218 Tower
About 5401, Mag 218 Tower
5401 is a two-bedroom apartment of 1,596 sqft on the 54th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. The developer sold it on 28 December 2014 for AED 1,900,000, or AED 1,190 per sqft, 7% below the AED 1,285 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, renewed on 1 November 2026, is AED 122,730 a year: a gross yield of 6.5% on the 2014 price, before the service charge of about AED 23,200 a year.
Sales and rents for 5401 over time
5401 has sold once; 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 5401 sits
All 222 2-beds →5401 last sold in December 2014 at AED 1,190 per sqft, 7% below what two-beds in Mag 218 Tower were fetching at the time (AED 1,285). 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. 5401's AED 122,730 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 54th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5402 | 1-bed | 908 sqft | AED 1.2MAED 1,200,000 · Feb 2025February 2025 | 73,000 /yr | |
| 5403 | 1-bed | 844 sqft | AED 900KAED 900,000 · Apr 2017April 2017 | 82,500 /yr | |
| 5404 | 1-bed | 908 sqft | AED 880KAED 880,000 · May 2012May 2012 | 40,000 /yr | |
| 5405 | 2-bed | 1,596 sqft | AED 2.18MAED 2,175,000 · Jan 2024January 2024 | 125,000 /yr | |
| 5406 | 2-bed | 1,596 sqft | AED 1.71MAED 1,710,714 · Sep 2013September 2013 | ||
| 5407 | 1-bed | 908 sqft | AED 1.15MAED 1,150,000 · May 2017May 2017 | 105,000 /yr | |
| 5408 | 1-bed | 844 sqft | AED 1.35MAED 1,350,000 · Mar 2024March 2024 | 68,310 /yr | |
| 5409 | 1-bed | 908 sqft | AED 800KAED 800,338 · Sep 2011September 2011 | 65,000 /yr | |
| 5410 | 2-bed | 1,596 sqft | AED 1.56MAED 1,559,092 · Feb 2012February 2012 | 120,000 /yr |
5401, Mag 218 Tower in numbers
- Sold once: by Dream Estate on 28 December 2014 for AED 1,900,000, or AED 1,190 per sqft.
- Rented since October 2012 on 14 Ejari contracts. The rent fell from AED 110,000 to AED 80,000 in 2020 and recovered to AED 122,730 by November 2026.
- At AED 122,730 a year the gross yield on the 2014 price is 6.5%, 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 2026.
Questions about 5401, Mag 218 Tower
What did unit 5401 last sell for?
AED 1,900,000 on 28 December 2014, sold by the developer: AED 1,190 per sqft for 1,596 sqft. It is the only registered sale of the unit.
What is the rent for unit 5401?
AED 122,730 a year on the contract renewed on 1 November 2026. The previous contract, from November 2026, was AED 175,000; the unit has been rented since October 2012.
How big is unit 5401?
1,596 sqft (148.3 sqm): a two-bedroom apartment on the 54th floor of a 55-storey tower completed in 2010.
What is unit 5401 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 5401, Mag 218 Tower
Starts from the last sale price (AED 1.9M, 28 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →