2506, Mag 218 Tower
Sold prices and rental history: sold twice, last in May 2011, 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 2506, Mag 218 Tower
What is 2506 worth today?
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Source: Dubai Land Department. Updated 30 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,760 sqft
- Floor
- 25th of 55
- Parking
- 1B22
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,600 /yr
- Last sold
- AED 1.32M · May 2011
- Building
- Mag 218 Tower
About 2506, Mag 218 Tower
2506 is a two-bedroom apartment of 1,760 sqft on the 25th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 30 May 2011 for AED 1,319,346, or AED 749 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 5 Ejari contracts. The current contract, renewed on 30 January 2025, is AED 112,805 a year: a gross yield of 8.6% on the 2011 price, before the service charge of about AED 25,600 a year.
Sales and rents for 2506 over time
2506 has sold twice; 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 2506 sits
All 218 2-beds →2506 last sold in May 2011 at AED 749 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 2,000,000 to 2,430,000, around AED 1,263 per sqft, and rent for AED 118,000 to 155,000 a year. 2506's AED 112,805 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jan 202614 January 2026 | 1,779 sqft | 2,430,000 | 1,365 | ||
| 6 Jan 20266 January 2026 | 1,723 sqft | 2,000,000 | 1,160 | ||
| 21 Jul 202521 July 2025 | 1,742 sqft | 2,350,000 | 1,348 | ||
| 26 Jun 202526 June 2025 | 1,742 sqft | 2,280,000 | 1,308 |
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 25th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2501 | 2-bed | 1,760 sqft | AED 2.03MAED 2,029,033 · Nov 2024November 2024 | 80,000 /yr | |
| 2502 | 1-bed | 886 sqft | AED 650KAED 650,000 · Apr 2021April 2021 | 85,000 /yr | |
| 2503 | 1-bed | 844 sqft | AED 605KAED 605,177 · Sep 2011September 2011 | 60,500 /yr | |
| 2504 | 1-bed | 886 sqft | AED 1.03MAED 1,025,000 · Nov 2016November 2016 | 85,000 /yr | |
| 2505 | 2-bed | 1,760 sqft | AED 1.6MAED 1,600,036 · Jan 2013January 2013 | 120,000 /yr | |
| 2507 | 1-bed | 886 sqft | AED 890KAED 890,000 · Oct 2021October 2021 | 91,350 /yr | |
| 2508 | 1-bed | 844 sqft | AED 652KAED 652,246 · Jul 2009July 2009 | ||
| 2509 | 1-bed | 886 sqft | AED 1.2MAED 1,200,000 · Dec 2023December 2023 | 45,000 /yr | |
| 2510 | 2-bed | 1,760 sqft | AED 1.58MAED 1,575,000 · Jul 2022July 2022 |
2506, Mag 218 Tower in numbers
- Sold twice: first on 6 July 2009 for AED 1,319,346, last on 30 May 2011 for AED 1,319,346 (AED 749 per sqft).
- Rented since November 2014 on 5 Ejari contracts. The rent fell from AED 140,000 to AED 93,000 in 2020 and recovered to AED 112,805 by January 2025.
- At AED 112,805 a year the gross yield on the 2011 price is 8.6%, before a service charge of about AED 25,600 a year (AED 14.54 per sqft).
- Two-beds in Mag 218 Tower sold for AED 2,000,000–2,430,000 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 30 January 2025.
Questions about 2506, Mag 218 Tower
What did unit 2506 last sell for?
AED 1,319,346 on 30 May 2011: AED 749 per sqft for 1,760 sqft. The unit has 2 registered sales; the first was AED 1,319,346 in July 2009.
What is the rent for unit 2506?
AED 112,805 a year on the contract renewed on 30 January 2025. The previous contract, from January 2024, was AED 102,550; the unit has been rented since November 2014.
How big is unit 2506?
1,760 sqft (163.5 sqm): a two-bedroom apartment on the 25th floor of a 55-storey tower completed in 2010.
What is unit 2506 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 2,000,000 to 2,430,000 in the last 12 months, around AED 1,263 per sqft.
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Mortgage on 2506, Mag 218 Tower
Starts from the last sale price (AED 1.32M, 30 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,319,346
- Deposit, UAE resident (20%)
- AED 263,869
- Deposit, non-resident (40%)
- AED 527,738
- Monthly over 25 years at 3.7%
- AED 5,398
Plus AED 60,423 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →