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1-bed · 908 sqftMag 218 Tower, Dubai Marina · 54th floor · completed 2010

5404, Mag 218 Tower

Sold prices and rental history: sold twice, last in May 2012, and rented once, from June 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5404 · DLD and Ejari recordsUpdated 8 June 2021
Last soldAED 880K9 May 2012
Current rentAED 40K /yr8 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5404, Mag 218 Tower

What is 5404 worth today?

Last sold for AED 880,000 in 2012

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8 Jun 2021RentedNew contract
AED 40,000/yr12 months · AED 44 per sqft
9 May 2012SoldReady
AED 880,000AED 969 per sqft
4 Jan 2011Sold by developerReady
AED 800,338AED 881 per sqft

Source: Dubai Land Department. Updated 8 June 2021.

Key facts

Type
1-bed apartment
Size
908 sqft
Floor
54th of 55
Parking
1P82
Developer
Dream Estate
Completed
2010
Service charge
AED 13,200 /yr
Last sold
AED 880K · May 2012
Building
Mag 218 Tower

About 5404, Mag 218 Tower

5404 is a one-bedroom apartment of 908 sqft on the 54th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 9 May 2012 for AED 880,000, or AED 969 per sqft, 20% above the AED 805 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 June 2021. The current contract, signed on 8 June 2021, is AED 40,000 a year: a gross yield of 4.5% on the 2012 price, before the service charge of about AED 13,200 a year.

Sales and rents for 5404 over time

Sales
Unit 5404, each saleTypical one-bed in Mag 218 Tower
1M2005201120172023Typical 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, January 2011: AED 800,338 (AED 881 per sqft)Sold, May 2012: AED 880,000 (AED 969 per sqft)

5404 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 5404, each contractTypical one-bed in Mag 218 Tower
50K75K100K2012201620202024Typical 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, June 2021: AED 40,000 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 5404 sits

All 333 1-beds →

5404 last sold in May 2012 at AED 969 per sqft, 20% above what one-beds in Mag 218 Tower were fetching at the time (AED 805). 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. 5404's AED 40,000 is at the bottom 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 54th floor

All 550 units in Mag 218 Tower
Value
54012-bedAED 1.9M · Dec 2014
54021-bedAED 1.2M · Feb 2025
54031-bedAED 900K · Apr 2017
54052-bedAED 2.18M · Jan 2024
54062-bedAED 1.71M · Sep 2013
54071-bedAED 1.15M · May 2017
54081-bedAED 1.35M · Mar 2024
1–7 of 9

5404, Mag 218 Tower in numbers

  • Sold twice: first on 4 January 2011 for AED 800,338, last on 9 May 2012 for AED 880,000 (AED 969 per sqft).
  • Rented since June 2021 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2012 price is 4.5%, 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 8 June 2021.

Questions about 5404, Mag 218 Tower

What did unit 5404 last sell for?

AED 880,000 on 9 May 2012: AED 969 per sqft for 908 sqft. The unit has 2 registered sales; the first was AED 800,338 in January 2011.

What is the rent for unit 5404?

AED 40,000 a year on the contract signed on 8 June 2021.

How big is unit 5404?

908 sqft (84.4 sqm): a one-bedroom apartment on the 54th floor of a 55-storey tower completed in 2010.

What is unit 5404 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 5404, Mag 218 Tower

Starts from the last sale price (AED 880K, 9 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 880,000
Deposit, UAE resident (20%)
AED 176,000
Deposit, non-resident (40%)
AED 352,000
Monthly over 25 years at 3.7%
AED 3,600

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