905, Mag 218 Tower
Sold prices and rental history: sold 3 times, last in January 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 905, Mag 218 Tower
What is 905 worth today?
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Source: Dubai Land Department. Updated 25 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,723 sqft
- Floor
- 9th of 55
- Parking
- 3B26
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,100 /yr
- Last sold
- AED 1.3M · January 2012
- Building
- Mag 218 Tower
About 905, Mag 218 Tower
905 is a two-bedroom apartment of 1,723 sqft on the 9th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 23 January 2012 for AED 1,300,000, or AED 754 per sqft, 6% below the AED 800 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 25 August 2024, is AED 111,100 a year: a gross yield of 8.6% on the 2012 price, before the service charge of about AED 25,100 a year.
Sales and rents for 905 over time
905 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 905 sits
All 222 2-beds →905 last sold in January 2012 at AED 754 per sqft, 6% below what two-beds in Mag 218 Tower were fetching at the time (AED 800). 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. 905's AED 111,100 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20267 October 2026 | 1,723 sqft | 1,600,000 | 928 | ||
| 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 |
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 9th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 2-bed | 1,723 sqft | AED 1.34MAED 1,335,387 · Nov 2011November 2011 | 150,000 /yr | |
| 902 | 1-bed | 864 sqft | AED 730KAED 730,000 · Jan 2019January 2019 | 81,900 /yr | |
| 903 | 1-bed | 844 sqft | AED 319KAED 318,699 · Aug 2011August 2011 | 80,000 /yr | |
| 904 | 1-bed | 864 sqft | AED 326KAED 326,422 · Aug 2011August 2011 | 78,500 /yr | |
| 906 | 2-bed | 1,723 sqft | AED 1.38MAED 1,378,400 · Mar 2011March 2011 | 155,000 /yr | |
| 907 | 1-bed | 864 sqft | AED 1.1MAED 1,100,000 · Oct 2016October 2016 | 70,000 /yr | |
| 908 | 1-bed | 844 sqft | AED 1.32MAED 1,320,000 · Dec 2024December 2024 | 105,000 /yr | |
| 909 | 1-bed | 864 sqft | AED 1.14MAED 1,140,000 · Dec 2023December 2023 | 90,000 /yr | |
| 910 | 2-bed | 1,723 sqft | AED 1.35MAED 1,350,000 · Jul 2012July 2012 | 115,500 /yr |
905, Mag 218 Tower in numbers
- Sold 3 times: first on 6 July 2009 for AED 1,504,668, last on 23 January 2012 for AED 1,300,000 (AED 754 per sqft).
- Rented since September 2014 on 12 Ejari contracts. The rent fell from AED 140,000 to AED 90,000 in 2021 and recovered to AED 111,100 by August 2024.
- At AED 111,100 a year the gross yield on the 2012 price is 8.6%, 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 25 August 2024.
Questions about 905, Mag 218 Tower
What did unit 905 last sell for?
AED 1,300,000 on 23 January 2012: AED 754 per sqft for 1,723 sqft. The unit has 3 registered sales; the first was AED 1,504,668 in July 2009.
What is the rent for unit 905?
AED 111,100 a year on the contract renewed on 25 August 2024. The previous contract, from August 2024, was AED 111,100; the unit has been rented since September 2014.
How big is unit 905?
1,723 sqft (160.1 sqm): a two-bedroom apartment on the 9th floor of a 55-storey tower completed in 2010.
What is unit 905 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 905, Mag 218 Tower
Starts from the last sale price (AED 1.3M, 23 January 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →