2-bed · 1,186 sqftMag 218 Tower, Dubai Marina · 43rd floor · completed 2010

4301, Mag 218 Tower

Sold prices and rental history: sold 3 times, last in November 2011, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4301 · DLD and Ejari recordsUpdated 1 December 2022
Last soldAED 1.31M23 November 2011
Current rentAED 100K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4301, Mag 218 Tower

What is 4301 worth today?

Last sold for AED 1,314,004 in 2011

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1 Dec 2022RentedRenewal
AED 99,790/yr10 months · AED 56 per sqft
1 Dec 2021RentedNew contract
AED 95,000/yr12 months · AED 53 per sqft
23 Sep 2020RentedNew contract
AED 75,000/yr12 months · AED 42 per sqft
10 Nov 2017RentedNew contract
AED 120,000/yr12 months · AED 68 per sqft
23 Nov 2011SoldReady
AED 1,314,004AED 738 per sqft
1 Aug 2010Sold by developerOff-plan
AED 1,314,004AED 738 per sqft
1 Aug 2010SoldOff-plan
AED 1,314,004AED 738 per sqft

Source: Dubai Land Department. Updated 1 December 2022.

Key facts

Type
2-bed apartment
Size
1,186 sqft
Floor
43rd of 55
Parking
2P70
Developer
Dream Estate
Completed
2010
Service charge
AED 17,200 /yr
Last sold
AED 1.31M · November 2011

About 4301, Mag 218 Tower

4301 is a two-bedroom apartment of 1,186 sqft on the 43rd floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 23 November 2011 for AED 1,314,004, or AED 738 per sqft, 8% below the AED 800 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 December 2022, is AED 99,790 a year: a gross yield of 7.6% on the 2011 price, before the service charge of about AED 17,200 a year.

Sales and rents for 4301 over time

Sales
Unit 4301, 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, August 2010: AED 1,314,004 (AED 738 per sqft)Sold, August 2010: AED 1,314,004 (AED 738 per sqft)Sold, November 2011: AED 1,314,004 (AED 738 per sqft)

4301 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4301, 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, November 2017: AED 120,000 a yearNew contract, September 2020: AED 75,000 a yearNew contract, December 2021: AED 95,000 a yearRenewal, December 2022: AED 99,790 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 4301 sits

All 218 2-beds →

4301 last sold in November 2011 at AED 738 per sqft, 8% 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. 4301's AED 99,790 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 43rd floor

All 550 units in Mag 218 Tower
Value
43021-bedAED 1.25M · Dec 2024
43031-bedAED 662K · Jan 2015
43041-bedAED 1.05M · Sep 2024
43052-bedAED 2.02M · May 2023
43062-bedAED 1.98M · Apr 2018
43071-bedAED 900K · Dec 2021
43081-bedAED 1.15M · May 2023
1–7 of 9

4301, Mag 218 Tower in numbers

  • Sold 3 times: first on 1 August 2010 for AED 1,314,004, last on 23 November 2011 for AED 1,314,004 (AED 738 per sqft).
  • Rented since November 2017 on 4 Ejari contracts. The rent fell from AED 120,000 to AED 75,000 in 2020 and recovered to AED 99,790 by December 2022.
  • At AED 99,790 a year the gross yield on the 2011 price is 7.6%, before a service charge of about AED 17,200 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 1 December 2022.

Questions about 4301, Mag 218 Tower

What did unit 4301 last sell for?

AED 1,314,004 on 23 November 2011: AED 738 per sqft for 1,186 sqft. The unit has 3 registered sales; the first was AED 1,314,004 in August 2010.

What is the rent for unit 4301?

AED 99,790 a year on the contract renewed on 1 December 2022. The previous contract, from December 2021, was AED 95,000; the unit has been rented since November 2017.

How big is unit 4301?

1,186 sqft (110.2 sqm): a two-bedroom apartment on the 43rd floor of a 55-storey tower completed in 2010.

What is unit 4301 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 4301, Mag 218 Tower

Starts from the last sale price (AED 1.31M, 23 November 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,314,004
Deposit, UAE resident (20%)
AED 262,801
Deposit, non-resident (40%)
AED 525,602
Monthly over 25 years at 3.7%
AED 5,376

Plus AED 60,198 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →