1-bed · 864 sqftMag 218 Tower, Dubai Marina · 6th floor · completed 2010

609, Mag 218 Tower

Sold prices and rental history: sold 6 times, last in November 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 13 February 2025
Last soldAED 1.25M21 November 2023
Current rentAED 90K /yr13 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Mag 218 Tower

What is 609 worth today?

Last sold for AED 1,250,000 in 2023

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13 Feb 2025RentedNew contract
AED 90,000/yr12 months · AED 105 per sqft
13 Feb 2025RentedNew contract
AED 90,000/yr12 months · AED 105 per sqft
2 Dec 2023RentedNew contract
AED 100,000/yr12 months · AED 116 per sqft
21 Nov 2023SoldReady
AED 1,250,000AED 1,446 per sqft
18 Aug 2023SoldReady
AED 881,325AED 1,020 per sqft
11 May 2022RentedNew contract
AED 70,000/yr12 months · AED 81 per sqft
1 May 2021RentedNew contract
AED 50,000/yr12 months · AED 58 per sqft
26 Nov 2018RentedNew contract
AED 78,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 13 February 2025.

Key facts

Type
1-bed apartment
Size
864 sqft
Floor
6th of 55
Parking
4P09
Developer
Dream Estate
Completed
2010
Service charge
AED 12,600 /yr
Last sold
AED 1.25M · November 2023

About 609, Mag 218 Tower

609 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 21 November 2023 for AED 1,250,000, or AED 1,446 per sqft, 24% above the AED 1,170 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 13 February 2025, is AED 90,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 12,600 a year.

Sales and rents for 609 over time

Sales
Unit 609, 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, March 2008: AED 723,717 (AED 837 per sqft)Sold, September 2011: AED 723,717 (AED 837 per sqft)Sold, June 2013: AED 1,080,000 (AED 1,249 per sqft)Sold, May 2016: AED 1,230,000 (AED 1,423 per sqft)Sold, August 2023: AED 881,325 (AED 1,020 per sqft)Sold, November 2023: AED 1,250,000 (AED 1,446 per sqft)

609 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 609, 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, January 2014: AED 90,000 a yearNew contract, January 2015: AED 90,000 a yearNew contract, November 2017: AED 86,000 a yearNew contract, November 2018: AED 78,000 a yearNew contract, May 2021: AED 50,000 a yearNew contract, May 2022: AED 70,000 a yearNew contract, December 2023: AED 100,000 a yearNew contract, February 2025: AED 90,000 a yearNew contract, February 2025: AED 90,000 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 609 sits

All 333 1-beds →

609 last sold in November 2023 at AED 1,446 per sqft, 24% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,170). 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. 609's AED 90,000 is in the lower half 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 6th floor

All 550 units in Mag 218 Tower
Value
6012-bedAED 2M · Apr 2024
6021-bedAED 1M · May 2016
6031-bedAED 670K · Nov 2019
6041-bedAED 1.08M · May 2024
6052-bedAED 1.35M · Mar 2012
6062-bedAED 2.1M · Dec 2017
6071-bedAED 1.05M · May 2017
1–7 of 9

609, Mag 218 Tower in numbers

  • Sold 6 times: first on 18 March 2008 for AED 723,717, last on 21 November 2023 for AED 1,250,000 (AED 1,446 per sqft).
  • Rented since January 2014 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 50,000 in 2021 and recovered to AED 90,000 by February 2025.
  • At AED 90,000 a year the gross yield on the 2023 price is 7.2%, 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 13 February 2025.

Questions about 609, Mag 218 Tower

What did unit 609 last sell for?

AED 1,250,000 on 21 November 2023: AED 1,446 per sqft for 864 sqft. The unit has 6 registered sales; the first was AED 723,717 in March 2008.

What is the rent for unit 609?

AED 90,000 a year on the contract signed on 13 February 2025. The previous contract, from February 2025, was AED 90,000; the unit has been rented since January 2014.

How big is unit 609?

864 sqft (80.3 sqm): a one-bedroom apartment on the 6th floor of a 55-storey tower completed in 2010.

What is unit 609 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 609, Mag 218 Tower

Starts from the last sale price (AED 1.25M, 21 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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