1-bed · 844 sqftMag 218 Tower, Dubai Marina · 42nd floor · completed 2010

4203, Mag 218 Tower

Sold prices and rental history: sold 3 times, last in March 2013, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4203 · DLD and Ejari recordsUpdated 23 September 2023
Last soldAED 1M14 March 2013
Current rentAED 80K /yr23 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4203, Mag 218 Tower

What is 4203 worth today?

Last sold for AED 1,000,000 in 2013

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23 Sep 2023RentedNew contract
AED 80,000/yr12 months · AED 95 per sqft
1 Sep 2022RentedRenewal
AED 57,500/yr12 months · AED 68 per sqft
1 Sep 2020RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
14 Mar 2013SoldReady
AED 1,000,000AED 1,184 per sqft
4 Dec 2012SoldReady
AED 895,206AED 1,060 per sqft
6 Jul 2009Sold by developerOff-plan
AED 895,206AED 1,060 per sqft

Source: Dubai Land Department. Updated 23 September 2023.

Key facts

Type
1-bed apartment
Size
844 sqft
Floor
42nd of 55
Parking
2P76
Developer
Dream Estate
Completed
2010
Service charge
AED 12,300 /yr
Last sold
AED 1M · March 2013

About 4203, Mag 218 Tower

4203 is a one-bedroom apartment of 844 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 14 March 2013 for AED 1,000,000, or AED 1,184 per sqft, 47% above the AED 805 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 23 September 2023, is AED 80,000 a year: a gross yield of 8.0% on the 2013 price, before the service charge of about AED 12,300 a year.

Sales and rents for 4203 over time

Sales
Unit 4203, each saleTypical one-bed in Mag 218 Tower
1M2005201120172023Typical sale price by year: 2005 AED 721,665; 2006 AED 715,202; 2009 AED 683,640; 2010 AED 723,727; 2011 AED 704,666; 2012 AED 727,380; 2013 AED 982,500; 2014 AED 1,350,000; 2015 AED 1,217,500; 2016 AED 1,100,000; 2017 AED 1,050,000; 2018 AED 995,920; 2019 AED 860,000; 2020 AED 740,000; 2021 AED 779,500; 2022 AED 900,000; 2023 AED 1,000,000; 2024 AED 1,135,000; 2025 AED 1,170,000; 2026 AED 1,260,000Sold by developer, July 2009: AED 895,206 (AED 1,060 per sqft)Sold, December 2012: AED 895,206 (AED 1,060 per sqft)Sold, March 2013: AED 1,000,000 (AED 1,184 per sqft)

4203 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4203, each contractTypical one-bed in Mag 218 Tower
60K80K100K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 78,750; 2014 AED 85,000; 2015 AED 92,751; 2016 AED 90,000; 2017 AED 85,000; 2018 AED 78,000; 2019 AED 70,000; 2020 AED 55,500; 2021 AED 52,000; 2022 AED 62,050; 2023 AED 70,350; 2024 AED 81,450; 2025 AED 84,000; 2026 AED 85,000New contract, September 2020: AED 50,000 a yearRenewal, September 2022: AED 57,500 a yearNew contract, September 2023: AED 80,000 a year

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 4203 sits

All 326 1-beds →

4203 last sold in March 2013 at AED 1,184 per sqft, 47% above what one-beds in Mag 218 Tower were fetching at the time (AED 805). 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. 4203's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Feb 20261,190,000
4 Feb 20261,260,000
2 Feb 20261,270,000
23 Dec 20251,120,000
8 1-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
42012-bedAED 1.9M · Feb 2015
42021-bedAED 970K · Jun 2023
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

4203, Mag 218 Tower in numbers

  • Sold 3 times: first on 6 July 2009 for AED 895,206, last on 14 March 2013 for AED 1,000,000 (AED 1,184 per sqft).
  • Rented since September 2020 on 3 Ejari contracts, from AED 50,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2013 price is 8.0%, before a service charge of about AED 12,300 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 23 September 2023.

Questions about 4203, Mag 218 Tower

What did unit 4203 last sell for?

AED 1,000,000 on 14 March 2013: AED 1,184 per sqft for 844 sqft. The unit has 3 registered sales; the first was AED 895,206 in July 2009.

What is the rent for unit 4203?

AED 80,000 a year on the contract signed on 23 September 2023. The previous contract, from September 2022, was AED 57,500; the unit has been rented since September 2020.

How big is unit 4203?

844 sqft (78.4 sqm): a one-bedroom apartment on the 42nd floor of a 55-storey tower completed in 2010.

What is unit 4203 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 4203, Mag 218 Tower

Starts from the last sale price (AED 1M, 14 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →