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2-bed · 1,798 sqftMag 218 Tower, Dubai Marina · 49th floor · completed 2010

4901, Mag 218 Tower

Sold prices and rental history: sold 3 times, last in February 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4901 · DLD and Ejari recordsUpdated 27 February 2014
Last soldAED 2.3M27 February 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4901, Mag 218 Tower

What is 4901 worth today?

Last sold for AED 2,300,000 in 2014

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27 Feb 2014SoldReady
AED 2,300,000AED 1,279 per sqft
4 Nov 2012SoldReady
AED 1,438,464AED 799 per sqft
30 Dec 2009Sold by developerOff-plan
AED 1,438,464AED 799 per sqft

Source: Dubai Land Department. Updated 27 February 2014.

Key facts

Type
2-bed apartment
Size
1,798 sqft
Floor
49th of 55
Parking
1P77
Developer
Dream Estate
Completed
2010
Service charge
AED 26,100 /yr
Last sold
AED 2.3M · February 2014
Building
Mag 218 Tower

About 4901, Mag 218 Tower

4901 is a two-bedroom apartment of 1,798 sqft on the 49th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 27 February 2014 for AED 2,300,000, or AED 1,279 per sqft, 28% above the AED 1,003 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 4901 over time

Sales
Unit 4901, 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, December 2009: AED 1,438,464 (AED 799 per sqft)Sold, November 2012: AED 1,438,464 (AED 799 per sqft)Sold, February 2014: AED 2,300,000 (AED 1,279 per sqft)

4901 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4901, each contractTypical two-bed in Mag 218 Tower
100K125K2012201620202024Typical 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 138,462

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 4901 sits

All 218 2-beds →

4901 last sold in February 2014 at AED 1,279 per sqft, 28% above what two-beds in Mag 218 Tower were fetching at the time (AED 1,003). 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.

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 49th floor

All 550 units in Mag 218 Tower
Value
49021-bedAED 1.25M · Aug 2013
49031-bedAED 1.38M · Jul 2015
49041-bedAED 710K · Oct 2020
49052-bedAED 2.32M · Jul 2024
49062-bedAED 1.9M · Apr 2016
49071-bedAED 727K · Sep 2011
4908AED 1.2M · Sep 2025
1–7 of 9

4901, Mag 218 Tower in numbers

  • Sold 3 times: first on 30 December 2009 for AED 1,438,464, last on 27 February 2014 for AED 2,300,000 (AED 1,279 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 27 February 2014.

Questions about 4901, Mag 218 Tower

What did unit 4901 last sell for?

AED 2,300,000 on 27 February 2014: AED 1,279 per sqft for 1,798 sqft. The unit has 3 registered sales; the first was AED 1,438,464 in December 2009.

How big is unit 4901?

1,798 sqft (167.0 sqm): a two-bedroom apartment on the 49th floor of a 55-storey tower completed in 2010.

What is unit 4901 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 4901, Mag 218 Tower

Starts from the last sale price (AED 2.3M, 27 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

Plus AED 101,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →