5201, Mag 218 Tower
Sold prices and rental history: sold 3 times, last in December 2018, 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 5201, Mag 218 Tower
What is 5201 worth today?
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Source: Dubai Land Department. Updated 24 April 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,596 sqft
- Floor
- 52nd of 55
- Parking
- 1P22
- Developer
- Dream Estate
- Completed
- 2010
- Service charge
- AED 23,200 /yr
- Last sold
- AED 1.45M · December 2018
- Building
- Mag 218 Tower
About 5201, Mag 218 Tower
5201 is a two-bedroom apartment of 1,596 sqft on the 52nd floor of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. It last sold on 18 December 2018 for AED 1,450,000, or AED 908 per sqft, in line with the AED 908 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 24 April 2023, is AED 120,000 a year: a gross yield of 8.3% on the 2018 price, before the service charge of about AED 23,200 a year.
Sales and rents for 5201 over time
5201 has sold 3 times; 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 5201 sits
All 218 2-beds →5201 last sold in December 2018 at AED 908 per sqft, in line with what two-beds in Mag 218 Tower were fetching at the time (AED 908). 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. 5201's AED 120,000 is in the lower half 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 52nd floor
All 550 units in Mag 218 Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5202 | 1-bed | 908 sqft | AED 1MAED 1,000,000 · May 2022May 2022 | 93,000 /yr | |
| 5203 | 1-bed | 844 sqft | AED 1MAED 1,000,000 · Sep 2017September 2017 | 90,000 /yr | |
| 5204 | 1-bed | 908 sqft | AED 1.5MAED 1,500,000 · Nov 2014November 2014 | 70,000 /yr | |
| 5205 | 2-bed | 1,596 sqft | AED 1.8MAED 1,800,000 · Jan 2013January 2013 | 154,500 /yr | |
| 5206 | 2-bed | 1,596 sqft | AED 1.88MAED 1,882,444 · Oct 2012October 2012 | 77,000 /yr | |
| 5207 | 1-bed | 908 sqft | AED 1.4MAED 1,400,000 · May 2023May 2023 | ||
| 5208 | 1-bed | 844 sqft | AED 822KAED 822,407 · Dec 2012December 2012 | 49,000 /yr | |
| 5209 | 1-bed | 908 sqft | AED 1.51MAED 1,510,000 · Aug 2014August 2014 | 100,000 /yr | |
| 5210 | 2-bed | 1,596 sqft | AED 1.2MAED 1,200,000 · Jun 2019June 2019 | 126,000 /yr |
5201, Mag 218 Tower in numbers
- Sold 3 times: first on 29 May 2011 for AED 1,276,800, last on 18 December 2018 for AED 1,450,000 (AED 908 per sqft).
- Rented since January 2013 on 7 Ejari contracts, from AED 115,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2018 price is 8.3%, before a service charge of about AED 23,200 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 24 April 2023.
Questions about 5201, Mag 218 Tower
What did unit 5201 last sell for?
AED 1,450,000 on 18 December 2018: AED 908 per sqft for 1,596 sqft. The unit has 3 registered sales; the first was AED 1,276,800 in May 2011.
What is the rent for unit 5201?
AED 120,000 a year on the contract renewed on 24 April 2023. The previous contract, from April 2022, was AED 120,000; the unit has been rented since January 2013.
How big is unit 5201?
1,596 sqft (148.3 sqm): a two-bedroom apartment on the 52nd floor of a 55-storey tower completed in 2010.
What is unit 5201 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 5201, Mag 218 Tower
Starts from the last sale price (AED 1.45M, 18 December 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus AED 65,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →