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2-bed · 1,596 sqftMag 218 Tower, Dubai Marina · 54th floor · completed 2010

5406, Mag 218 Tower

Sold prices and rental history: sold 3 times, last in September 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5406 · DLD and Ejari recordsUpdated 30 September 2013
Last soldAED 1.71M30 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 5406, Mag 218 Tower

What is 5406 worth today?

Last sold for AED 1,710,714 in 2013

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30 Sep 2013SoldReady
AED 1,710,714AED 1,071 per sqft
17 May 2010Sold by developerOff-plan
AED 1,710,713AED 1,071 per sqft
17 May 2010SoldOff-plan
AED 1,710,713AED 1,071 per sqft

Source: Dubai Land Department. Updated 30 September 2013.

Key facts

Type
2-bed apartment
Size
1,596 sqft
Floor
54th of 55
Parking
1P13
Developer
Dream Estate
Completed
2010
Service charge
AED 23,200 /yr
Last sold
AED 1.71M · September 2013
Building
Mag 218 Tower

About 5406, Mag 218 Tower

5406 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. It last sold on 30 September 2013 for AED 1,710,714, or AED 1,071 per sqft, 19% above the AED 900 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 5406 over time

Sales
Unit 5406, each saleTypical two-bed in Mag 218 Tower
1M2M2006201220182024Typical sale price by year: 2006 AED 1,318,478; 2009 AED 1,437,450; 2010 AED 1,377,898; 2011 AED 1,423,264; 2012 AED 1,415,209; 2013 AED 1,700,000; 2014 AED 2,275,000; 2015 AED 1,950,000; 2016 AED 1,800,000; 2017 AED 1,840,000; 2018 AED 1,550,000; 2019 AED 1,215,000; 2020 AED 1,150,000; 2021 AED 1,215,000; 2022 AED 1,534,583; 2023 AED 1,797,500; 2024 AED 2,175,000; 2025 AED 2,200,000; 2026 AED 2,265,000Sold by developer, May 2010: AED 1,710,713 (AED 1,071 per sqft)Sold, May 2010: AED 1,710,713 (AED 1,071 per sqft)Sold, September 2013: AED 1,710,714 (AED 1,071 per sqft)

5406 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5406, each contractTypical two-bed in Mag 218 Tower
100K125K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 130,000; 2015 AED 137,634; 2016 AED 135,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 104,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 96,800; 2023 AED 105,500; 2024 AED 126,000; 2025 AED 130,000; 2026 AED 126,000

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 5406 sits

All 222 2-beds →

5406 last sold in September 2013 at AED 1,071 per sqft, 19% above what two-beds in Mag 218 Tower were fetching at the time (AED 900). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Oct 20261,600,000
25 Sep 20262,100,000
24 Jun 20262,040,000
19 May 20262,450,000
8 2-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
54041-bedAED 880K · May 2012
54052-bedAED 2.18M · Jan 2024
54071-bedAED 1.15M · May 2017
54081-bedAED 1.35M · Mar 2024
1–7 of 9

5406, Mag 218 Tower in numbers

  • Sold 3 times: first on 17 May 2010 for AED 1,710,713, last on 30 September 2013 for AED 1,710,714 (AED 1,071 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 30 September 2013.

Questions about 5406, Mag 218 Tower

What did unit 5406 last sell for?

AED 1,710,714 on 30 September 2013: AED 1,071 per sqft for 1,596 sqft. The unit has 3 registered sales; the first was AED 1,710,713 in May 2010.

How big is unit 5406?

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 5406 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 5406, Mag 218 Tower

Starts from the last sale price (AED 1.71M, 30 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,710,714
Deposit, UAE resident (20%)
AED 342,143
Deposit, non-resident (40%)
AED 684,286
Monthly over 25 years at 3.7%
AED 6,999

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