4001, Mag 218 Tower
Sold prices and rental history: sold 4 times, last in August 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4001, Mag 218 Tower
What is 4001 worth today?
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Source: Dubai Land Department. Updated 29 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,779 sqft
- Floor
- 40th of 55
- Parking
- 2P83
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 25,900 /yr
- Last sold
- AED 1.71M · August 2023
- Building
- Mag 218 Tower
About 4001, Mag 218 Tower
4001 is a two-bedroom apartment of 1,779 sqft on the 40th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 16 August 2023 for AED 1,710,000, or AED 961 per sqft, 4% above the AED 928 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 29 April 2024, is AED 148,500 a year: a gross yield of 8.7% on the 2023 price, before the service charge of about AED 25,900 a year.
Sales and rents for 4001 over time
4001 has sold 4 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 4001 sits
All 218 2-beds →4001 last sold in August 2023 at AED 961 per sqft, 4% above what two-beds in Mag 218 Tower were fetching at the time (AED 928). 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. 4001's AED 148,500 is in the upper half 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 40th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4002 | 1-bed | 898 sqft | AED 1.1MAED 1,100,000 · Dec 2025December 2025 | 75,000 /yr | |
| 4003 | 1-bed | 844 sqft | AED 930KAED 930,000 · Jun 2022June 2022 | 72,000 /yr | |
| 4004 | 1-bed | 898 sqft | AED 1.08MAED 1,075,000 · Sep 2024September 2024 | 54,000 /yr | |
| 4005 | 2-bed | 1,779 sqft | AED 1.4MAED 1,400,000 · Apr 2012April 2012 | 140,000 /yr | |
| 4006 | 2-bed | 1,779 sqft | AED 2.43MAED 2,430,000 · Jan 2026January 2026 | 130,000 /yr | |
| 4007 | 1-bed | 898 sqft | AED 1.6MAED 1,600,000 · Nov 2015November 2015 | 81,000 /yr | |
| 4008 | 1-bed | 844 sqft | AED 1.78MAED 1,775,000 · Jun 2014June 2014 | 115,000 /yr | |
| 4009 | 1-bed | 898 sqft | AED 1.23MAED 1,230,000 · Mar 2025March 2025 | 72,737 /yr | |
| 4010 | 2-bed | 1,779 sqft | AED 1.8MAED 1,800,000 · May 2017May 2017 |
4001, Mag 218 Tower in numbers
- Sold 4 times: first on 3 February 2011 for AED 1,519,148, last on 16 August 2023 for AED 1,710,000 (AED 961 per sqft).
- Rented since July 2013 on 5 Ejari contracts, from AED 85,000 to AED 148,500 a year.
- At AED 148,500 a year the gross yield on the 2023 price is 8.7%, before a service charge of about AED 25,900 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 29 April 2024.
Questions about 4001, Mag 218 Tower
What did unit 4001 last sell for?
AED 1,710,000 on 16 August 2023: AED 961 per sqft for 1,779 sqft. The unit has 4 registered sales; the first was AED 1,519,148 in February 2011.
What is the rent for unit 4001?
AED 148,500 a year on the contract signed on 29 April 2024. The previous contract, from April 2023, was AED 135,000; the unit has been rented since July 2013.
How big is unit 4001?
1,779 sqft (165.3 sqm): a two-bedroom apartment on the 40th floor of a 55-storey tower completed in 2010.
What is unit 4001 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 4001, Mag 218 Tower
Starts from the last sale price (AED 1.71M, 16 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,710,000
- Deposit, UAE resident (20%)
- AED 342,000
- Deposit, non-resident (40%)
- AED 684,000
- Monthly over 25 years at 3.7%
- AED 6,996
Plus AED 76,830 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →