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2-bed · 1,723 sqftMag 218 Tower, Dubai Marina · 7th floor · completed 2010

705, Mag 218 Tower

Sold prices and rental history: sold once, by the developer in February 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 3 February 2011
Last soldAED 1.62M3 February 2011
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 705, Mag 218 Tower

What is 705 worth today?

Last sold for AED 1,617,749 in 2011

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3 Feb 2011Sold by developerReady
AED 1,617,749AED 938 per sqft

Source: Dubai Land Department. Updated 3 February 2011.

Key facts

Type
2-bed apartment
Size
1,723 sqft
Floor
7th of 55
Parking
3B38
Developer
Dream Estate
Completed
2010
Service charge
AED 25,100 /yr
Last sold
AED 1.62M · February 2011
Building
Mag 218 Tower

About 705, Mag 218 Tower

705 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. The developer sold it on 3 February 2011 for AED 1,617,749, or AED 938 per sqft, 21% above the AED 774 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 705 over time

Sales
Unit 705, 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, February 2011: AED 1,617,749 (AED 938 per sqft)

705 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 705, 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 705 sits

All 222 2-beds →

705 last sold in February 2011 at AED 938 per sqft, 21% above what two-beds in Mag 218 Tower were fetching at the time (AED 774). 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 7th floor

All 550 units in Mag 218 Tower
Value
7012-bedAED 1.6M · Oct 2026
7021-bedAED 660K · Feb 2011
7031-bedAED 644K · Jul 2013
7041-bedAED 820K · Dec 2022
7062-bedAED 868K · Jun 2022
7071-bedAED 660K · Jan 2011
7081-bedAED 1.3M · Nov 2025
1–7 of 9

705, Mag 218 Tower in numbers

  • Sold once: by Dream Estate on 3 February 2011 for AED 1,617,749, or AED 938 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 3 February 2011.

Questions about 705, Mag 218 Tower

What did unit 705 last sell for?

AED 1,617,749 on 3 February 2011, sold by the developer: AED 938 per sqft for 1,723 sqft. It is the only registered sale of the unit.

How big is unit 705?

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 705 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 705, Mag 218 Tower

Starts from the last sale price (AED 1.62M, 3 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,617,749
Deposit, UAE resident (20%)
AED 323,550
Deposit, non-resident (40%)
AED 647,100
Monthly over 25 years at 3.7%
AED 6,619

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