5507, Mag 218 Tower
Sold prices and rental history: sold twice, last in September 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5507, Mag 218 Tower
What is 5507 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 22 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 908 sqft
- Floor
- 55th of 55
- Parking
- 1P10
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 13,200 /yr
- Last sold
- AED 891K · September 2012
- Building
- Mag 218 Tower
About 5507, Mag 218 Tower
5507 is a one-bedroom apartment of 908 sqft on the 55th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 11 September 2012 for AED 891,223, or AED 981 per sqft, 21% above the AED 809 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 22 August 2025, is AED 76,072 a year: a gross yield of 8.5% on the 2012 price, before the service charge of about AED 13,200 a year.
Sales and rents for 5507 over time
5507 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 5507 sits
All 333 1-beds →5507 last sold in September 2012 at AED 981 per sqft, 21% above what one-beds in Mag 218 Tower were fetching at the time (AED 809). 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. 5507's AED 76,072 is in the lower half 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 55th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5501 | 2-bed | 1,596 sqft | AED 1.85MAED 1,850,000 · Oct 2024October 2024 | 99,000 /yr | |
| 5502 | 1-bed | 908 sqft | AED 1.15MAED 1,150,000 · Dec 2022December 2022 | 53,000 /yr | |
| 5503 | 1-bed | 844 sqft | AED 1.15MAED 1,150,000 · Jul 2024July 2024 | 108,000 /yr | |
| 5504 | 1-bed | 908 sqft | AED 802KAED 802,101 · Sep 2011September 2011 | 95,000 /yr | |
| 5505 | 2-bed | 1,596 sqft | AED 1.29MAED 1,290,000 · Jan 2021January 2021 | 132,000 /yr | |
| 5506 | 2-bed | 1,596 sqft | AED 1.6MAED 1,600,000 · Mar 2011March 2011 | 99,700 /yr | |
| 5508 | 1-bed | 844 sqft | AED 828KAED 827,866 · Sep 2013September 2013 | ||
| 5509 | 1-bed | 908 sqft | AED 860KAED 860,000 · May 2011May 2011 | 105,000 /yr | |
| 5510 | 2-bed | 1,596 sqft | AED 1.72MAED 1,718,787 · Jun 2012June 2012 |
5507, Mag 218 Tower in numbers
- Sold twice: first on 6 July 2009 for AED 891,223, last on 11 September 2012 for AED 891,223 (AED 981 per sqft).
- Rented since September 2015 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 52,000 in 2021 and recovered to AED 76,072 by August 2025.
- At AED 76,072 a year the gross yield on the 2012 price is 8.5%, 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 22 August 2025.
Questions about 5507, Mag 218 Tower
What did unit 5507 last sell for?
AED 891,223 on 11 September 2012: AED 981 per sqft for 908 sqft. The unit has 2 registered sales; the first was AED 891,223 in July 2009.
What is the rent for unit 5507?
AED 76,072 a year on the contract renewed on 22 August 2025. The previous contract, from August 2024, was AED 72,450; the unit has been rented since September 2015.
How big is unit 5507?
908 sqft (84.4 sqm): a one-bedroom apartment on the 55th floor of a 55-storey tower completed in 2010.
What is unit 5507 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.
Selling 5507? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 5507, Mag 218 Tower
Starts from the last sale price (AED 891K, 11 September 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 891,223
- Deposit, UAE resident (20%)
- AED 178,245
- Deposit, non-resident (40%)
- AED 356,489
- Monthly over 25 years at 3.7%
- AED 3,646
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →