602, Mag 218 Tower
Sold prices and rental history: sold twice, last in May 2016, 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 602, Mag 218 Tower
What is 602 worth today?
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Source: Dubai Land Department. Updated 11 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 864 sqft
- Floor
- 6th of 55
- Parking
- 4P04
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1M · May 2016
- Building
- Mag 218 Tower
About 602, Mag 218 Tower
602 is a one-bedroom apartment of 864 sqft on the 6th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 30 May 2016 for AED 1,000,000, or AED 1,157 per sqft, 11% below the AED 1,303 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 11 October 2025, is AED 85,000 a year: a gross yield of 8.5% on the 2016 price, before the service charge of about AED 12,600 a year.
Sales and rents for 602 over time
602 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 602 sits
All 333 1-beds →602 last sold in May 2016 at AED 1,157 per sqft, 11% below what one-beds in Mag 218 Tower were fetching at the time (AED 1,303). 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. 602's AED 85,000 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 6th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,723 sqft | AED 2MAED 2,000,000 · Apr 2024April 2024 | 80,000 /yr | |
| 603 | 1-bed | 844 sqft | AED 670KAED 670,000 · Nov 2019November 2019 | 84,700 /yr | |
| 604 | 1-bed | 864 sqft | AED 1.08MAED 1,075,000 · May 2024May 2024 | 75,000 /yr | |
| 605 | 2-bed | 1,723 sqft | AED 1.35MAED 1,350,000 · Mar 2012March 2012 | ||
| 606 | 2-bed | 1,723 sqft | AED 2.1MAED 2,100,000 · Dec 2017December 2017 | ||
| 607 | 1-bed | 864 sqft | AED 1.05MAED 1,050,000 · May 2017May 2017 | 70,000 /yr | |
| 608 | 1-bed | 844 sqft | AED 1.27MAED 1,270,000 · Feb 2026February 2026 | 97,000 /yr | |
| 609 | 1-bed | 864 sqft | AED 1.25MAED 1,250,000 · Nov 2023November 2023 | 90,000 /yr | |
| 610 | 2-bed | 1,723 sqft | AED 1.7MAED 1,700,000 · Mar 2016March 2016 | 100,000 /yr |
602, Mag 218 Tower in numbers
- Sold twice: first on 26 May 2011 for AED 723,717, last on 30 May 2016 for AED 1,000,000 (AED 1,157 per sqft).
- Rented since June 2015 on 11 Ejari contracts. The rent fell from AED 80,500 to AED 48,000 in 2021 and recovered to AED 85,000 by October 2025.
- At AED 85,000 a year the gross yield on the 2016 price is 8.5%, before a service charge of about AED 12,600 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 11 October 2025.
Questions about 602, Mag 218 Tower
What did unit 602 last sell for?
AED 1,000,000 on 30 May 2016: AED 1,157 per sqft for 864 sqft. The unit has 2 registered sales; the first was AED 723,717 in May 2011.
What is the rent for unit 602?
AED 85,000 a year on the contract signed on 11 October 2025. The previous contract, from August 2024, was AED 69,828; the unit has been rented since June 2015.
How big is unit 602?
864 sqft (80.3 sqm): a one-bedroom apartment on the 6th floor of a 55-storey tower completed in 2010.
What is unit 602 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 602, Mag 218 Tower
Starts from the last sale price (AED 1M, 30 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →