701, Mag 218 Tower
Sold prices and rental history: sold 3 times, last in October 2026, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Mag 218 Tower
What is 701 worth today?
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Source: Dubai Land Department. Updated 7 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,723 sqft
- Floor
- 7th of 55
- Parking
- 2B39
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,100 /yr
- Last sold
- AED 1.6M · October 2026
- Building
- Mag 218 Tower
About 701, Mag 218 Tower
701 is a two-bedroom apartment of 1,723 sqft on the 7th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 7 October 2026 for AED 1,600,000, or AED 928 per sqft, 27% below the AED 1,273 two-beds in the building were fetching at the time.
It has been rented continuously since 2011 on 13 Ejari contracts. The current contract, signed on 27 February 2026, is AED 135,000 a year: a gross yield of 8.4% on the 2026 price, before the service charge of about AED 25,100 a year.
Sales and rents for 701 over time
701 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 701 sits
All 222 2-beds →701 last sold in October 2026 at AED 928 per sqft, 27% below what two-beds in Mag 218 Tower were fetching at the time (AED 1,273). 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. 701's AED 135,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Sep 202625 September 2026 | 1,798 sqft | 2,100,000 | 1,167 | ||
| 24 Jun 202624 June 2026 | 1,723 sqft | 2,040,000 | 1,183 | ||
| 19 May 202619 May 2026 | 1,798 sqft | 2,450,000 | 1,362 | ||
| 14 May 202614 May 2026 | 1,596 sqft | 2,450,000 | 1,535 |
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 7th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 864 sqft | AED 660KAED 659,545 · Feb 2011February 2011 | 78,750 /yr | |
| 703 | 1-bed | 844 sqft | AED 644KAED 643,939 · Jul 2013July 2013 | 60,000 /yr | |
| 704 | 1-bed | 864 sqft | AED 820KAED 820,000 · Dec 2022December 2022 | 37,000 /yr | |
| 705 | 2-bed | 1,723 sqft | AED 1.62MAED 1,617,749 · Feb 2011February 2011 | ||
| 706 | 2-bed | 1,723 sqft | AED 868KAED 867,500 · Jun 2022June 2022 | 60,000 /yr | |
| 707 | 1-bed | 864 sqft | AED 660KAED 659,545 · Jan 2011January 2011 | 75,000 /yr | |
| 708 | 1-bed | 844 sqft | AED 1.3MAED 1,300,000 · Nov 2025November 2025 | 85,000 /yr | |
| 709 | 1-bed | 864 sqft | AED 660KAED 659,545 · Apr 2011April 2011 | 47,000 /yr | |
| 710 | 2-bed | 1,723 sqft | AED 1.5MAED 1,497,292 · Mar 2012March 2012 | 125,685 /yr |
701, Mag 218 Tower in numbers
- Sold 3 times: first on 11 March 2013 for AED 1,600,000, last on 7 October 2026 for AED 1,600,000 (AED 928 per sqft).
- Rented since December 2011 on 13 Ejari contracts, from AED 85,000 to AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2026 price is 8.4%, before a service charge of about AED 25,100 a year (AED 14.54 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 7 October 2026.
Questions about 701, Mag 218 Tower
What did unit 701 last sell for?
AED 1,600,000 on 7 October 2026: AED 928 per sqft for 1,723 sqft. The unit has 3 registered sales; the first was AED 1,600,000 in March 2013.
What is the rent for unit 701?
AED 135,000 a year on the contract signed on 27 February 2026. The previous contract, from July 2023, was AED 85,000; the unit has been rented since December 2011.
How big is unit 701?
1,723 sqft (160.1 sqm): a two-bedroom apartment on the 7th floor of a 55-storey tower completed in 2010.
What is unit 701 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 701, Mag 218 Tower
Starts from the last sale price (AED 1.6M, 7 October 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →