4808, Mag 218 Tower
Sold prices and rental history: sold 3 times, last in February 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4808, Mag 218 Tower
What is 4808 worth today?
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Source: Dubai Land Department. Updated 28 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 48th of 55
- Parking
- 2P01
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 673K · February 2012
- Building
- Mag 218 Tower
About 4808, Mag 218 Tower
4808 is a one-bedroom apartment of 844 sqft on the 48th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 8 February 2012 for AED 673,368, or AED 797 per sqft, in line with the AED 800 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 28 April 2023, is AED 60,720 a year: a gross yield of 9.0% on the 2012 price, before the service charge of about AED 12,300 a year.
Sales and rents for 4808 over time
4808 has sold 3 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 4808 sits
All 326 1-beds →4808 last sold in February 2012 at AED 797 per sqft, in line with what one-beds in Mag 218 Tower were fetching at the time (AED 800). 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. 4808's AED 60,720 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 48th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4801 | 2-bed | 1,798 sqft | AED 1.61MAED 1,610,092 · Nov 2012November 2012 | 120,000 /yr | |
| 4802 | 1-bed | 908 sqft | AED 687KAED 686,748 · Jan 2011January 2011 | 85,800 /yr | |
| 4803 | 1-bed | 844 sqft | AED 709KAED 708,808 · Nov 2011November 2011 | 85,000 /yr | |
| 4804 | 1-bed | 908 sqft | AED 1.15MAED 1,150,000 · Jun 2016June 2016 | 80,000 /yr | |
| 4805 | 2-bed | 1,798 sqft | AED 2.15MAED 2,150,000 · May 2024May 2024 | 155,000 /yr | |
| 4806 | 2-bed | 1,798 sqft | AED 1.44MAED 1,437,450 · Dec 2010December 2010 | 140,000 /yr | |
| 4807 | 1-bed | 908 sqft | AED 730KAED 729,901 · Sep 2011September 2011 | 30,000 /yr | |
| 4809 | 1-bed | 908 sqft | AED 1.45MAED 1,450,000 · Feb 2014February 2014 | 78,200 /yr | |
| 4810 | 2-bed | 1,798 sqft | AED 2.3MAED 2,300,400 · May 2024May 2024 | 50,000 /yr |
4808, Mag 218 Tower in numbers
- Sold 3 times: first on 6 July 2009 for AED 673,368, last on 8 February 2012 for AED 673,368 (AED 797 per sqft).
- Rented since May 2013 on 7 Ejari contracts. The rent fell from AED 90,300 to AED 48,000 in 2021 and recovered to AED 60,720 by April 2023.
- At AED 60,720 a year the gross yield on the 2012 price is 9.0%, 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 28 April 2023.
Questions about 4808, Mag 218 Tower
What did unit 4808 last sell for?
AED 673,368 on 8 February 2012: AED 797 per sqft for 844 sqft. The unit has 3 registered sales; the first was AED 673,368 in July 2009.
What is the rent for unit 4808?
AED 60,720 a year on the contract renewed on 28 April 2023. The previous contract, from April 2022, was AED 55,200; the unit has been rented since May 2013.
How big is unit 4808?
844 sqft (78.4 sqm): a one-bedroom apartment on the 48th floor of a 55-storey tower completed in 2010.
What is unit 4808 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 4808, Mag 218 Tower
Starts from the last sale price (AED 673K, 8 February 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 673,368
- Deposit, UAE resident (20%)
- AED 134,674
- Deposit, non-resident (40%)
- AED 269,347
- Monthly over 25 years at 3.7%
- AED 2,755
Plus AED 33,292 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →