5001, Mag 218 Tower
Sold prices and rental history: sold once, by the developer in March 2013, 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 5001, Mag 218 Tower
What is 5001 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 4 September 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,798 sqft
- Floor
- 50th of 55
- Parking
- 1P56
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 26,100 /yr
- Last sold
- AED 1.57M · March 2013
- Building
- Mag 218 Tower
About 5001, Mag 218 Tower
5001 is a two-bedroom apartment of 1,798 sqft on the 50th floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. The developer sold it on 11 March 2013 for AED 1,571,716, or AED 874 per sqft, 8% above the AED 810 two-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 4 September 2021, is AED 85,000 a year: a gross yield of 5.4% on the 2013 price, before the service charge of about AED 26,100 a year.
Sales and rents for 5001 over time
5001 has sold once; the dashed line is the two-bed median of each year in the building.
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 5001 sits
All 218 2-beds →5001 last sold in March 2013 at AED 874 per sqft, 8% above what two-beds in Mag 218 Tower were fetching at the time (AED 810). 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. 5001's AED 85,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jan 202614 January 2026 | 1,779 sqft | 2,430,000 | 1,365 | ||
| 6 Jan 20266 January 2026 | 1,723 sqft | 2,000,000 | 1,160 | ||
| 21 Jul 202521 July 2025 | 1,742 sqft | 2,350,000 | 1,348 | ||
| 26 Jun 202526 June 2025 | 1,742 sqft | 2,280,000 | 1,308 |
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 50th floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5002 | 1-bed | 908 sqft | AED 1.17MAED 1,170,000 · May 2025May 2025 | ||
| 5003 | 1-bed | 844 sqft | AED 875KAED 875,000 · Oct 2012October 2012 | 58,000 /yr | |
| 5004 | 1-bed | 908 sqft | AED 1.1MAED 1,100,000 · Dec 2015December 2015 | 85,000 /yr | |
| 5005 | 2-bed | 1,798 sqft | AED 1.82MAED 1,819,458 · Sep 2013September 2013 | 105,000 /yr | |
| 5006 | 2-bed | 1,798 sqft | AED 1.57MAED 1,569,166 · Nov 2022November 2022 | 145,000 /yr | |
| 5007 | 1-bed | 908 sqft | AED 766KAED 766,460 · Oct 2013October 2013 | ||
| 5008 | 1-bed | 844 sqft | AED 1MAED 1,000,000 · Apr 2019April 2019 | 85,000 /yr | |
| 5009 | 1-bed | 908 sqft | AED 728KAED 728,137 · Jan 2012January 2012 | 70,000 /yr | |
| 5010 | 2-bed | 1,798 sqft | AED 1.29MAED 1,285,950 · Nov 2011November 2011 | 160,000 /yr |
5001, Mag 218 Tower in numbers
- Sold once: by Dream Estate on 11 March 2013 for AED 1,571,716, or AED 874 per sqft.
- Rented since October 2013 on 7 Ejari contracts, from AED 101,370 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2013 price is 5.4%, before a service charge of about AED 26,100 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 4 September 2021.
Questions about 5001, Mag 218 Tower
What did unit 5001 last sell for?
AED 1,571,716 on 11 March 2013, sold by the developer: AED 874 per sqft for 1,798 sqft. It is the only registered sale of the unit.
What is the rent for unit 5001?
AED 85,000 a year on the contract renewed on 4 September 2021. The previous contract, from September 2020, was AED 78,000; the unit has been rented since October 2013.
How big is unit 5001?
1,798 sqft (167.0 sqm): a two-bedroom apartment on the 50th floor of a 55-storey tower completed in 2010.
What is unit 5001 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.
Selling 5001? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 5001, Mag 218 Tower
Starts from the last sale price (AED 1.57M, 11 March 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,571,716
- Deposit, UAE resident (20%)
- AED 314,343
- Deposit, non-resident (40%)
- AED 628,686
- Monthly over 25 years at 3.7%
- AED 6,430
Plus AED 71,022 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →