5005, Mag 218 Tower
Sold prices and rental history: sold twice, last in September 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5005, Mag 218 Tower
What is 5005 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,798 sqft
- Floor
- 50th of 55
- Parking
- 1P53
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 26,100 /yr
- Last sold
- AED 1.82M · September 2013
- Building
- Mag 218 Tower
About 5005, Mag 218 Tower
5005 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. It last sold on 30 September 2013 for AED 1,819,458, or AED 1,011 per sqft, 13% above the AED 895 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 15 October 2019, is AED 105,000 a year: a gross yield of 5.8% on the 2013 price, before the service charge of about AED 26,100 a year.
Sales and rents for 5005 over time
5005 has sold twice; 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 5005 sits
All 218 2-beds →5005 last sold in September 2013 at AED 1,011 per sqft, 13% above what two-beds in Mag 218 Tower were fetching at the time (AED 895). 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. 5005's AED 105,000 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 | |||||
|---|---|---|---|---|---|
| 5001 | 2-bed | 1,798 sqft | AED 1.57MAED 1,571,716 · Mar 2013March 2013 | 85,000 /yr | |
| 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 | |
| 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 |
5005, Mag 218 Tower in numbers
- Sold twice: first on 6 July 2009 for AED 1,819,458, last on 30 September 2013 for AED 1,819,458 (AED 1,011 per sqft).
- Rented since October 2014 on 4 Ejari contracts, from AED 126,500 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2013 price is 5.8%, 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: YallaValue analysis of Dubai Land Department records. Updated 15 October 2019.
Questions about 5005, Mag 218 Tower
What did unit 5005 last sell for?
AED 1,819,458 on 30 September 2013: AED 1,011 per sqft for 1,798 sqft. The unit has 2 registered sales; the first was AED 1,819,458 in July 2009.
What is the rent for unit 5005?
AED 105,000 a year on the contract signed on 15 October 2019. The previous contract, from October 2018, was AED 125,000; the unit has been rented since October 2014.
How big is unit 5005?
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 5005 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 5005, Mag 218 Tower
Starts from the last sale price (AED 1.82M, 30 September 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,819,458
- Deposit, UAE resident (20%)
- AED 363,892
- Deposit, non-resident (40%)
- AED 727,783
- Monthly over 25 years at 3.7%
- AED 7,444
Plus AED 81,427 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →