5010, Mag 218 Tower
Sold prices and rental history: sold once, by the developer in November 2011, 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 5010, Mag 218 Tower
What is 5010 worth today?
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Source: Dubai Land Department. Updated 20 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,798 sqft
- Floor
- 50th of 55
- Parking
- 1P76
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 26,100 /yr
- Last sold
- AED 1.29M · November 2011
- Building
- Mag 218 Tower
About 5010, Mag 218 Tower
5010 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 27 November 2011 for AED 1,285,950, or AED 715 per sqft, 11% below the AED 800 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 20 March 2025, is AED 160,000 a year: a gross yield of 12.4% on the 2011 price, before the service charge of about AED 26,100 a year.
Sales and rents for 5010 over time
5010 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 5010 sits
All 218 2-beds →5010 last sold in November 2011 at AED 715 per sqft, 11% below what two-beds in Mag 218 Tower were fetching at the time (AED 800). 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. 5010's AED 160,000 is at the top 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 | |
| 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, Mag 218 Tower in numbers
- Sold once: by Dream Estate on 27 November 2011 for AED 1,285,950, or AED 715 per sqft.
- Rented since July 2013 on 9 Ejari contracts. The rent fell from AED 135,000 to AED 95,000 in 2020 and recovered to AED 160,000 by March 2025.
- At AED 160,000 a year the gross yield on the 2011 price is 12.4%, 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 20 March 2025.
Questions about 5010, Mag 218 Tower
What did unit 5010 last sell for?
AED 1,285,950 on 27 November 2011, sold by the developer: AED 715 per sqft for 1,798 sqft. It is the only registered sale of the unit.
What is the rent for unit 5010?
AED 160,000 a year on the contract signed on 20 March 2025. The previous contract, from March 2024, was AED 120,000; the unit has been rented since July 2013.
How big is unit 5010?
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 5010 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 5010, Mag 218 Tower
Starts from the last sale price (AED 1.29M, 27 November 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,285,950
- Deposit, UAE resident (20%)
- AED 257,190
- Deposit, non-resident (40%)
- AED 514,380
- Monthly over 25 years at 3.7%
- AED 5,261
Plus AED 59,020 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →