209, Mag 218 Tower
Sold prices and rental history: sold twice, last in April 2011, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 209, Mag 218 Tower
What is 209 worth today?
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Source: Dubai Land Department. Updated 20 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 864 sqft
- Floor
- 2nd of 55
- Parking
- 4P47
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,600 /yr
- Last sold
- AED 651K · April 2011
- Building
- Mag 218 Tower
About 209, Mag 218 Tower
209 is a one-bedroom apartment of 864 sqft on the 2nd floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 19 April 2011 for AED 651,443, or AED 753 per sqft, 6% below the AED 799 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 20 June 2024, is AED 66,000 a year: a gross yield of 10.1% on the 2011 price, before the service charge of about AED 12,600 a year.
Sales and rents for 209 over time
209 has sold twice; the dashed line is the one-bed median of each year in the building.
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 209 sits
All 326 1-beds →209 last sold in April 2011 at AED 753 per sqft, 6% below what one-beds in Mag 218 Tower were fetching at the time (AED 799). Over the last 12 months one-beds sold for AED 1,100,000 to 1,600,000, around AED 1,403 per sqft, and rent for AED 75,075 to 160,000 a year. 209's AED 66,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 886 sqft | 1,190,000 | 1,343 | ||
| 4 Feb 20264 February 2026 | 898 sqft | 1,260,000 | 1,403 | ||
| 2 Feb 20262 February 2026 | 844 sqft | 1,270,000 | 1,504 | ||
| 23 Dec 202523 December 2025 | 875 sqft | 1,120,000 | 1,279 |
Mag 218 Tower
Building550 apartments, 1-bed to 2-bed over 55 floors in Dubai Marina, completed in 2010 by Dream Estate. 10 sold in the last 12 months.
- Typical price per sqft
- AED 1,384 Up 5.7%
- Typical sale
- AED 1.27M
- Typical rent
- AED 91K /yr
- Typical yield
- 6.9%
Other units on the 2nd floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,723 sqft | AED 1.8MAED 1,800,000 · Apr 2025April 2025 | 120,000 /yr | |
| 202 | 1-bed | 864 sqft | AED 725KAED 725,000 · May 2022May 2022 | 74,989 /yr | |
| 203 | 1-bed | 844 sqft | AED 1MAED 1,000,000 · May 2017May 2017 | 80,000 /yr | |
| 204 | 1-bed | 864 sqft | AED 675KAED 675,000 · Jan 2019January 2019 | 85,000 /yr | |
| 205 | 2-bed | 1,723 sqft | AED 1.33MAED 1,325,000 · Aug 2021August 2021 | ||
| 206 | 2-bed | 1,723 sqft | AED 2.25MAED 2,250,000 · Dec 2024December 2024 | 130,000 /yr | |
| 207 | 1-bed | 864 sqft | AED 850KAED 850,000 · Apr 2011April 2011 | 61,000 /yr | |
| 208 | 1-bed | 844 sqft | AED 730KAED 730,000 · Dec 2013December 2013 | ||
| 210 | 2-bed | 1,723 sqft | AED 1.95MAED 1,950,000 · Nov 2024November 2024 | 140,000 /yr |
209, Mag 218 Tower in numbers
- Sold twice: first on 6 July 2009 for AED 651,443, last on 19 April 2011 for AED 651,443 (AED 753 per sqft).
- Rented since June 2019 on 5 Ejari contracts. The rent fell from AED 63,000 to AED 42,000 in 2021 and recovered to AED 66,000 by June 2024.
- At AED 66,000 a year the gross yield on the 2011 price is 10.1%, 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 1,100,000–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,384 per sqft.
Source: Dubai Land Department. Updated 20 June 2024.
Questions about 209, Mag 218 Tower
What did unit 209 last sell for?
AED 651,443 on 19 April 2011: AED 753 per sqft for 864 sqft. The unit has 2 registered sales; the first was AED 651,443 in July 2009.
What is the rent for unit 209?
AED 66,000 a year on the contract renewed on 20 June 2024. The previous contract, from June 2023, was AED 55,000; the unit has been rented since June 2019.
How big is unit 209?
864 sqft (80.3 sqm): a one-bedroom apartment on the 2nd floor of a 55-storey tower completed in 2010.
What is unit 209 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 1,100,000 to 1,600,000 in the last 12 months, around AED 1,403 per sqft.
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Mortgage on 209, Mag 218 Tower
Starts from the last sale price (AED 651K, 19 April 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 651,443
- Deposit, UAE resident (20%)
- AED 130,289
- Deposit, non-resident (40%)
- AED 260,577
- Monthly over 25 years at 3.7%
- AED 2,665
Plus AED 32,371 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →