2-bed · 1,779 sqftMag 218 Tower, Dubai Marina · 42nd floor · completed 2010

4201, Mag 218 Tower

Sold prices and rental history: sold 4 times, last in February 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4201 · DLD and Ejari recordsUpdated 23 November 2024
Last soldAED 1.9M25 February 2015
Current rentAED 111K /yr23 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4201, Mag 218 Tower

What is 4201 worth today?

Last sold for AED 1,900,000 in 2015

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23 Nov 2024RentedNew contract
AED 111,050/yr12 months · AED 63 per sqft
23 Nov 2022RentedRenewal
AED 88,000/yr12 months · AED 50 per sqft
23 Nov 2020RentedRenewal
AED 77,000/yr12 months · AED 43 per sqft
23 Nov 2018RentedRenewal
AED 115,000/yr12 months · AED 65 per sqft
25 Feb 2015SoldReady
AED 1,900,000AED 1,067 per sqft
23 Feb 2015SoldReady
AED 2,400,000AED 1,349 per sqft
8 Dec 2014RentedRenewal
AED 135,000/yr12 months · AED 76 per sqft
8 Dec 2013RentedNew contract
AED 135,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 23 November 2024.

Key facts

Type
2-bed apartment
Size
1,779 sqft
Floor
42nd of 55
Parking
2P74
Developer
Dream Estate
Completed
2010
Service charge
AED 25,900 /yr
Last sold
AED 1.9M · February 2015

About 4201, Mag 218 Tower

4201 is a two-bedroom apartment of 1,779 sqft on the 42nd floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 25 February 2015 for AED 1,900,000, or AED 1,067 per sqft, 17% below the AED 1,291 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 23 November 2024, is AED 111,050 a year: a gross yield of 5.8% on the 2015 price, before the service charge of about AED 25,900 a year.

Sales and rents for 4201 over time

Sales
Unit 4201, each saleTypical two-bed in Mag 218 Tower
1M2M20062011201620212026Typical sale price by year: 2006 AED 1,318,478; 2009 AED 1,437,450; 2010 AED 1,377,898; 2011 AED 1,423,264; 2012 AED 1,411,695; 2013 AED 1,675,000; 2014 AED 2,275,000; 2015 AED 1,950,000; 2016 AED 1,800,000; 2017 AED 1,840,000; 2018 AED 1,550,000; 2019 AED 1,215,000; 2020 AED 1,125,000; 2021 AED 1,215,000; 2022 AED 1,569,166; 2023 AED 1,797,500; 2024 AED 2,175,000; 2025 AED 2,200,000Sold by developer, November 2012: AED 1,423,264 (AED 800 per sqft)Sold, December 2012: AED 1,620,000 (AED 910 per sqft)Sold, February 2015: AED 1,900,000 (AED 1,067 per sqft)Sold, February 2015: AED 2,400,000 (AED 1,349 per sqft)

4201 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4201, each contractTypical two-bed in Mag 218 Tower
100K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 135,000; 2015 AED 137,755; 2016 AED 135,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 105,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 96,923; 2023 AED 105,000; 2024 AED 128,000; 2025 AED 130,000; 2026 AED 138,462New contract, October 2012: AED 95,000 a yearNew contract, December 2013: AED 135,000 a yearRenewal, December 2014: AED 135,000 a yearRenewal, November 2018: AED 115,000 a yearRenewal, November 2020: AED 77,000 a yearRenewal, November 2022: AED 88,000 a yearNew contract, November 2024: AED 111,050 a year

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 4201 sits

All 218 2-beds →

4201 last sold in February 2015 at AED 1,067 per sqft, 17% below what two-beds in Mag 218 Tower were fetching at the time (AED 1,291). 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. 4201's AED 111,050 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jan 20262,430,000
6 Jan 20262,000,000
21 Jul 20252,350,000
26 Jun 20252,280,000
2 2-bed sales in the last 12 months

Mag 218 Tower

Building

550 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%
Mag 218 Tower, Dubai Marina: prices, sales and rents →

Other units on the 42nd floor

All 550 units in Mag 218 Tower
Value
42021-bedAED 970K · Jun 2023
42031-bedAED 1M · Mar 2013
42041-bedAED 774K · Sep 2021
42052-bedAED 1.59M · Jan 2011
42062-bedAED 2.45M · Jan 2015
42071-bedAED 625K · Jan 2011
42081-bedAED 1.4M · Dec 2015
1–7 of 9

4201, Mag 218 Tower in numbers

  • Sold 4 times: first on 26 November 2012 for AED 1,423,264, last on 25 February 2015 for AED 1,900,000 (AED 1,067 per sqft).
  • Rented since October 2012 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 77,000 in 2020 and recovered to AED 111,050 by November 2024.
  • At AED 111,050 a year the gross yield on the 2015 price is 5.8%, 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 23 November 2024.

Questions about 4201, Mag 218 Tower

What did unit 4201 last sell for?

AED 1,900,000 on 25 February 2015: AED 1,067 per sqft for 1,779 sqft. The unit has 4 registered sales; the first was AED 1,423,264 in November 2012.

What is the rent for unit 4201?

AED 111,050 a year on the contract signed on 23 November 2024. The previous contract, from November 2022, was AED 88,000; the unit has been rented since October 2012.

How big is unit 4201?

1,779 sqft (165.3 sqm): a two-bedroom apartment on the 42nd floor of a 55-storey tower completed in 2010.

What is unit 4201 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 4201, Mag 218 Tower

Starts from the last sale price (AED 1.9M, 25 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

Plus AED 84,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →