2402, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in January 2014, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2402, Mag 218 Tower
What is 2402 worth today?
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Source: Dubai Land Department. Updated 5 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 886 sqft
- Floor
- 24th of 55
- Parking
- 1B49
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,900 /yr
- Last sold
- AED 1.5M · January 2014
- Building
- Mag 218 Tower
About 2402, Mag 218 Tower
2402 is a one-bedroom apartment of 886 sqft on the 24th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 29 January 2014 for AED 1,500,000, or AED 1,693 per sqft, 46% above the AED 1,163 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 5 July 2024, is AED 72,680 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 12,900 a year.
Sales and rents for 2402 over time
2402 has sold 4 times; 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 2402 sits
All 326 1-beds →2402 last sold in January 2014 at AED 1,693 per sqft, 46% above what one-beds in Mag 218 Tower were fetching at the time (AED 1,163). 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. 2402's AED 72,680 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 24th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2401 | 2-bed | 1,760 sqft | AED 1.68MAED 1,676,075 · Oct 2011October 2011 | 110,000 /yr | |
| 2403 | 1-bed | 844 sqft | AED 1.1MAED 1,100,000 · Dec 2015December 2015 | 78,487 /yr | |
| 2404 | 1-bed | 886 sqft | AED 1.18MAED 1,180,000 · Dec 2013December 2013 | 80,000 /yr | |
| 2405 | 2-bed | 1,760 sqft | AED 1.6MAED 1,596,262 · Jan 2013January 2013 | 145,000 /yr | |
| 2406 | 2-bed | 1,760 sqft | AED 2.8MAED 2,800,000 · Jul 2024July 2024 | 50,633 /yr | |
| 2407 | 1-bed | 886 sqft | AED 704KAED 704,207 · Jul 2009July 2009 | 88,000 /yr | |
| 2408 | 1-bed | 844 sqft | AED 1.44MAED 1,435,000 · Mar 2015March 2015 | 92,000 /yr | |
| 2409 | 886 sqft | AED 1.17MAED 1,170,000 · Nov 2025November 2025 | 100,000 /yr | ||
| 2410 | 1,760 sqft | AED 2.55MAED 2,550,000 · Sep 2025September 2025 | 81,000 /yr |
2402, Mag 218 Tower in numbers
- Sold 4 times: first on 6 July 2009 for AED 633,786, last on 29 January 2014 for AED 1,500,000 (AED 1,693 per sqft).
- Rented since July 2021 on 4 Ejari contracts, from AED 50,000 to AED 72,680 a year.
- At AED 72,680 a year the gross yield on the 2014 price is 4.9%, before a service charge of about AED 12,900 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 5 July 2024.
Questions about 2402, Mag 218 Tower
What did unit 2402 last sell for?
AED 1,500,000 on 29 January 2014: AED 1,693 per sqft for 886 sqft. The unit has 4 registered sales; the first was AED 633,786 in July 2009.
What is the rent for unit 2402?
AED 72,680 a year on the contract renewed on 5 July 2024. The previous contract, from July 2024, was AED 72,680; the unit has been rented since July 2021.
How big is unit 2402?
886 sqft (82.3 sqm): a one-bedroom apartment on the 24th floor of a 55-storey tower completed in 2010.
What is unit 2402 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 2402, Mag 218 Tower
Starts from the last sale price (AED 1.5M, 29 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →