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2-bed · 1,723 sqftMag 218 Tower, Dubai Marina · completed 2010

EF01, Mag 218 Tower

Sold prices and rental history: sold once, by the developer in April 2013, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit EF01 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 1.44M2 April 2013
Current rentAED 160K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for EF01, Mag 218 Tower

What is EF01 worth today?

Last sold for AED 1,442,000 in 2013

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1 Jun 2023RentedNew contract
AED 160,000/yr12 months · AED 93 per sqft
11 Oct 2020RentedNew contract
AED 120,000/yr12 months · AED 70 per sqft
2 Apr 2013Sold by developerReady
AED 1,442,000AED 836 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
2-bed apartment
Size
1,723 sqft
Parking
4P53
Developer
Dream Estate
Completed
2010
Service charge
AED 25,100 /yr
Last sold
AED 1.44M · April 2013
Building
Mag 218 Tower

About EF01, Mag 218 Tower

EF01 is a two-bedroom apartment of 1,723 sqft of Mag 218 Tower, a 55-storey tower in Dubai Marina completed in 2010 by Dream Estate. The developer sold it on 2 April 2013 for AED 1,442,000, or AED 836 per sqft, in line with the AED 819 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 June 2023, is AED 160,000 a year: a gross yield of 11.1% on the 2013 price, before the service charge of about AED 25,100 a year.

Sales and rents for EF01 over time

Sales
Unit EF01, each saleTypical two-bed in Mag 218 Tower
1M2M20062011201620212026Typical sale price by year: 2006 AED 1,318,478; 2009 AED 1,437,450; 2010 AED 1,377,898; 2011 AED 1,423,264; 2012 AED 1,411,695; 2013 AED 1,675,000; 2014 AED 2,275,000; 2015 AED 1,950,000; 2016 AED 1,800,000; 2017 AED 1,840,000; 2018 AED 1,550,000; 2019 AED 1,215,000; 2020 AED 1,125,000; 2021 AED 1,215,000; 2022 AED 1,569,166; 2023 AED 1,797,500; 2024 AED 2,175,000; 2025 AED 2,200,000Sold by developer, April 2013: AED 1,442,000 (AED 836 per sqft)

EF01 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit EF01, each contractTypical two-bed in Mag 218 Tower
100K150K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 135,000; 2015 AED 137,755; 2016 AED 135,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 105,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 96,923; 2023 AED 105,000; 2024 AED 128,000; 2025 AED 130,000; 2026 AED 138,462New contract, October 2020: AED 120,000 a yearNew contract, June 2023: AED 160,000 a year

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 EF01 sits

All 218 2-beds →

EF01 last sold in April 2013 at AED 836 per sqft, in line with what two-beds in Mag 218 Tower were fetching at the time (AED 819). 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. EF01's AED 160,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Jan 20262,430,000
6 Jan 20262,000,000
21 Jul 20252,350,000
26 Jun 20252,280,000
2 2-bed sales in the last 12 months

Mag 218 Tower

Building

550 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%
Mag 218 Tower, Dubai Marina: prices, sales and rents →

EF01, Mag 218 Tower in numbers

  • Sold once: by Dream Estate on 2 April 2013 for AED 1,442,000, or AED 836 per sqft.
  • Rented since October 2020 on 2 Ejari contracts, from AED 120,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2013 price is 11.1%, before a service charge of about AED 25,100 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 1 June 2023.

Questions about EF01, Mag 218 Tower

What did unit EF01 last sell for?

AED 1,442,000 on 2 April 2013, sold by the developer: AED 836 per sqft for 1,723 sqft. It is the only registered sale of the unit.

What is the rent for unit EF01?

AED 160,000 a year on the contract signed on 1 June 2023. The previous contract, from October 2020, was AED 120,000.

How big is unit EF01?

1,723 sqft (160.1 sqm): a two-bedroom apartment of a 55-storey tower completed in 2010.

What is unit EF01 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 EF01, Mag 218 Tower

Starts from the last sale price (AED 1.44M, 2 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,442,000
Deposit, UAE resident (20%)
AED 288,400
Deposit, non-resident (40%)
AED 576,800
Monthly over 25 years at 3.7%
AED 5,900

Plus AED 65,574 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →