4004, Mag 218 Tower
Sold prices and rental history: sold 6 times, last in September 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4004, Mag 218 Tower
What is 4004 worth today?
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Source: Dubai Land Department. Updated 4 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 898 sqft
- Floor
- 40th of 55
- Parking
- 2P54
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 13,100 /yr
- Last sold
- AED 1.08M · September 2024
- Building
- Mag 218 Tower
About 4004, Mag 218 Tower
4004 is a one-bedroom apartment of 898 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 4 September 2024 for AED 1,075,000, or AED 1,197 per sqft, 9% below the AED 1,313 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 15 February 2023, is AED 54,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 13,100 a year.
Sales and rents for 4004 over time
4004 has sold 6 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 4004 sits
All 326 1-beds →4004 last sold in September 2024 at AED 1,197 per sqft, 9% below what one-beds in Mag 218 Tower were fetching at the time (AED 1,313). 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. 4004's AED 54,000 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 40th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4001 | 2-bed | 1,779 sqft | AED 1.71MAED 1,710,000 · Aug 2023August 2023 | 148,500 /yr | |
| 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 | |
| 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 |
4004, Mag 218 Tower in numbers
- Sold 6 times: first on 13 January 2008 for AED 814,603, last on 4 September 2024 for AED 1,075,000 (AED 1,197 per sqft).
- Rented since November 2017 on 5 Ejari contracts. The rent fell from AED 78,000 to AED 45,000 in 2021 and recovered to AED 54,000 by February 2023.
- At AED 54,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 13,100 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 4 September 2024.
Questions about 4004, Mag 218 Tower
What did unit 4004 last sell for?
AED 1,075,000 on 4 September 2024: AED 1,197 per sqft for 898 sqft. The unit has 6 registered sales; the first was AED 814,603 in January 2008.
What is the rent for unit 4004?
AED 54,000 a year on the contract renewed on 15 February 2023. The previous contract, from February 2021, was AED 45,000; the unit has been rented since November 2017.
How big is unit 4004?
898 sqft (83.4 sqm): a one-bedroom apartment on the 40th floor of a 55-storey tower completed in 2010.
What is unit 4004 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 4004, Mag 218 Tower
Starts from the last sale price (AED 1.08M, 4 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,075,000
- Deposit, UAE resident (20%)
- AED 215,000
- Deposit, non-resident (40%)
- AED 430,000
- Monthly over 25 years at 3.7%
- AED 4,398
Plus AED 50,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →