2-bed · 1,723 sqftMag 218 Tower, Dubai Marina · 8th floor · completed 2010

806, Mag 218 Tower

Sold prices and rental history: sold 3 times, last in June 2012, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 15 December 2014
Last soldAED 1.4M3 June 2012
Current rentAED 48K /yr15 December 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Mag 218 Tower

What is 806 worth today?

Last sold for AED 1,400,000 in 2012

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Dec 2014RentedNew contract
AED 48,000/yr6 months · AED 28 per sqft
15 Nov 2012RentedNew contract · flagged as an outlier
AED 24,000/yr6 months · AED 14 per sqft
3 Jun 2012SoldReady
AED 1,400,000AED 812 per sqft
9 May 2012SoldReady
AED 1,415,209AED 821 per sqft
6 Jul 2009Sold by developerOff-plan
AED 1,415,209AED 821 per sqft

Source: Dubai Land Department. Updated 15 December 2014.

Key facts

Type
2-bed apartment
Size
1,723 sqft
Floor
8th of 55
Parking
3B30
Developer
Dream Estate
Completed
2010
Service charge
AED 25,100 /yr
Last sold
AED 1.4M · June 2012

About 806, Mag 218 Tower

806 is a two-bedroom apartment of 1,723 sqft on the 8th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 3 June 2012 for AED 1,400,000, or AED 812 per sqft, in line with the AED 799 two-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 15 December 2014, is AED 48,000 a year: a gross yield of 3.4% on the 2012 price, before the service charge of about AED 25,100 a year.

Sales and rents for 806 over time

Sales
Unit 806, 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, July 2009: AED 1,415,209 (AED 821 per sqft)Sold, May 2012: AED 1,415,209 (AED 821 per sqft)Sold, June 2012: AED 1,400,000 (AED 812 per sqft)

806 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 806, each contractTypical two-bed in Mag 218 Tower
50K100K150K2012201620202024Typical 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 126,000New contract, December 2014: AED 48,000 a year

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 806 sits

All 222 2-beds →

806 last sold in June 2012 at AED 812 per sqft, in line with what two-beds in Mag 218 Tower were fetching at the time (AED 799). 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. 806's AED 48,000 is at the bottom of that range.

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 8th floor

All 550 units in Mag 218 Tower
Value
8012-bedAED 1.22M · May 2012
8021-bedAED 720K · Dec 2011
8031-bedAED 1.3M · Feb 2014
8041-bedAED 661K · Sep 2012
8052-bedAED 1.5M · Jan 2010
8071-bedAED 719K · Apr 2025
8081-bedAED 1M · Nov 2019
1–7 of 9

806, Mag 218 Tower in numbers

  • Sold 3 times: first on 6 July 2009 for AED 1,415,209, last on 3 June 2012 for AED 1,400,000 (AED 812 per sqft).
  • Rented since November 2012 on 2 Ejari contracts, from AED 24,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2012 price is 3.4%, 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 15 December 2014.

Questions about 806, Mag 218 Tower

What did unit 806 last sell for?

AED 1,400,000 on 3 June 2012: AED 812 per sqft for 1,723 sqft. The unit has 3 registered sales; the first was AED 1,415,209 in July 2009.

What is the rent for unit 806?

AED 48,000 a year on the contract signed on 15 December 2014. The previous contract, from November 2012, was AED 24,000.

How big is unit 806?

1,723 sqft (160.1 sqm): a two-bedroom apartment on the 8th floor of a 55-storey tower completed in 2010.

What is unit 806 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.

Selling 806? 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.

How OpenOffers works

Mortgage on 806, Mag 218 Tower

Starts from the last sale price (AED 1.4M, 3 June 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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