1-bed · 908 sqftMag 218 Tower, Dubai Marina · 47th floor · completed 2010

4704, Mag 218 Tower

Sold prices and rental history: sold 4 times, last in June 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4704 · DLD and Ejari recordsUpdated 4 June 2025
Last soldAED 755K29 June 2021
Current rentAED 83K /yr4 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4704, Mag 218 Tower

What is 4704 worth today?

Last sold for AED 755,000 in 2021

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4 Jun 2025RentedNew contract
AED 83,000/yr12 months · AED 91 per sqft
1 Jun 2025RentedRenewal
AED 105,000/yr12 months · AED 116 per sqft
1 Jun 2024RentedNew contract
AED 89,751/yr12 months · AED 99 per sqft
4 Apr 2023RentedRenewal
AED 70,350/yr12 months · AED 78 per sqft
4 Apr 2022RentedNew contract
AED 67,000/yr12 months · AED 74 per sqft
29 Jun 2021SoldReady
AED 755,000AED 831 per sqft
10 Mar 2020RentedNew contract
AED 68,000/yr12 months · AED 75 per sqft
15 Nov 2018RentedNew contract
AED 75,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 4 June 2025.

Key facts

Type
1-bed apartment
Size
908 sqft
Floor
47th of 55
Parking
2P06
Developer
Dream Estate
Completed
2010
Service charge
AED 13,200 /yr
Last sold
AED 755K · June 2021

About 4704, Mag 218 Tower

4704 is a one-bedroom apartment of 908 sqft on the 47th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 29 June 2021 for AED 755,000, or AED 831 per sqft, in line with the AED 829 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 4 June 2025, is AED 83,000 a year: a gross yield of 11.0% on the 2021 price, before the service charge of about AED 13,200 a year.

Sales and rents for 4704 over time

Sales
Unit 4704, 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 2012: AED 685,215 (AED 754 per sqft)Sold, December 2012: AED 890,000 (AED 980 per sqft)Sold, January 2013: AED 1,100,000 (AED 1,211 per sqft)Sold, June 2021: AED 755,000 (AED 831 per sqft)

4704 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4704, each contractTypical one-bed in Mag 218 Tower
50K75K100K2012201620202024Typical 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, October 2014: AED 100,000 a yearNew contract, November 2017: AED 85,000 a yearNew contract, November 2018: AED 75,000 a yearNew contract, March 2020: AED 68,000 a yearNew contract, April 2022: AED 67,000 a yearRenewal, April 2023: AED 70,350 a yearNew contract, June 2024: AED 89,751 a yearNew contract, June 2025: AED 83,000 a yearRenewal, June 2025: AED 105,000 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 4704 sits

All 326 1-beds →

4704 last sold in June 2021 at AED 831 per sqft, in line with what one-beds in Mag 218 Tower were fetching at the time (AED 829). 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. 4704's AED 83,000 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 47th floor

All 550 units in Mag 218 Tower
Value
47012-bedAED 2.1M · Jan 2025
47021-bedAED 563K · Aug 2017
47031-bedAED 1.23M · Dec 2013
47052-bedAED 2.25M · Jul 2013
47062-bedAED 1.64M · Oct 2012
47071-bedAED 1.55M · Jan 2015
47081-bedAED 575K · Jun 2013
1–7 of 9

4704, Mag 218 Tower in numbers

  • Sold 4 times: first on 3 July 2012 for AED 685,215, last on 29 June 2021 for AED 755,000 (AED 831 per sqft).
  • Rented since October 2014 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 67,000 in 2022 and recovered to AED 83,000 by June 2025.
  • At AED 83,000 a year the gross yield on the 2021 price is 11.0%, before a service charge of about AED 13,200 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 June 2025.

Questions about 4704, Mag 218 Tower

What did unit 4704 last sell for?

AED 755,000 on 29 June 2021: AED 831 per sqft for 908 sqft. The unit has 4 registered sales; the first was AED 685,215 in July 2012.

What is the rent for unit 4704?

AED 83,000 a year on the contract signed on 4 June 2025. The previous contract, from June 2025, was AED 105,000; the unit has been rented since October 2014.

How big is unit 4704?

908 sqft (84.4 sqm): a one-bedroom apartment on the 47th floor of a 55-storey tower completed in 2010.

What is unit 4704 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 4704, Mag 218 Tower

Starts from the last sale price (AED 755K, 29 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 755,000
Deposit, UAE resident (20%)
AED 151,000
Deposit, non-resident (40%)
AED 302,000
Monthly over 25 years at 3.7%
AED 3,089

Plus AED 36,720 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →