5008, Mag 218 Tower
Sold prices and rental history: sold 3 times, last in April 2019, 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 5008, Mag 218 Tower
What is 5008 worth today?
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Source: Dubai Land Department. Updated 25 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 50th of 55
- Parking
- 1P74
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 1M · April 2019
- Building
- Mag 218 Tower
About 5008, Mag 218 Tower
5008 is a one-bedroom apartment of 844 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 28 April 2019 for AED 1,000,000, or AED 1,184 per sqft, 33% above the AED 888 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 25 August 2025, is AED 85,000 a year: a gross yield of 8.5% on the 2019 price, before the service charge of about AED 12,300 a year.
Sales and rents for 5008 over time
5008 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 5008 sits
All 326 1-beds →5008 last sold in April 2019 at AED 1,184 per sqft, 33% above what one-beds in Mag 218 Tower were fetching at the time (AED 888). 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. 5008's AED 85,000 is in the lower half 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 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 | |
| 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 | ||
| 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 |
5008, Mag 218 Tower in numbers
- Sold 3 times: first on 8 March 2011 for AED 711,972, last on 28 April 2019 for AED 1,000,000 (AED 1,184 per sqft).
- Rented since November 2014 on 10 Ejari contracts. The rent fell from AED 115,000 to AED 55,000 in 2016 and recovered to AED 85,000 by August 2025.
- At AED 85,000 a year the gross yield on the 2019 price is 8.5%, 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 25 August 2025.
Questions about 5008, Mag 218 Tower
What did unit 5008 last sell for?
AED 1,000,000 on 28 April 2019: AED 1,184 per sqft for 844 sqft. The unit has 3 registered sales; the first was AED 711,972 in March 2011.
What is the rent for unit 5008?
AED 85,000 a year on the contract signed on 25 August 2025. The previous contract, from June 2024, was AED 84,000; the unit has been rented since November 2014.
How big is unit 5008?
844 sqft (78.4 sqm): a one-bedroom apartment on the 50th floor of a 55-storey tower completed in 2010.
What is unit 5008 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 5008, Mag 218 Tower
Starts from the last sale price (AED 1M, 28 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →