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MAG 214

A 1 bed in MAG 214 costs a median AED 990,000 and returns 11.13% short-let at the assumed 80% occupancy — from 29 sales and 0 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
15 in 12 months
Rental contracts · 1 bed
0 in 12 months
Buy
990,000AED
AED 1,440/sqft
Short-let
11.13%
AED 496/night · 0.68/sqft

Price per sqft: Median of 6 registered sales of ready units in the last 6 months, most recent August 2026.

AED/yr/sqft
Sales
29
Rental contracts
0
Short-let listings seen
25+
12 months
+8.6%
3 years
+27.1%+8.3%/yr
5 years
+80.6%+12.5%/yr

Based on 29 sales and 0 rental contracts in the last 24 months.

MAG 214 is an apartment building in Jumeirah Lake Towers, Dubai. The closest metro station is Damac Properties, the nearest mall Marina Mall and the nearest landmark Burj Al Arab. Land Department records for it run from 2015 to 2026, 568 registered sales in all — the 29 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
1 bedAED 990,0001357+8.6%29
2 bedAED 1.70M1188+8.1%27
3 bedAED 2.21M9231

Deltas compare each yield with the Jumeirah Lake Towers median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

    Short-let rates around MAG 214

    Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

    How short-let rates are measured
    Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
    TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
    1 bed500m4960.68AED 110,14911.13%25+
    2 bed500m7320.51AED 156,4919.21%3+

    Nightly rate per sqft through the year

    Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

    1 bed: first Oct 2026, 0.66 AED/night/sqft; latest Aug 2027, 0.6 AED/night/sqft; peak Feb 2027, 0.83 AED/night/sqft.

    Net revenue assumes 80% occupancy — an assumption, not a measurement.

    What the net revenue deducts
    Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because MAG 214 itself had too few listings of that type to measure.

    Recent transactions

    As filed with the Land Department — data to 2026-08-26.

    25 resales in the last 12 months, against 41 a year on average over 2023–2025.

    Sales

    DateTypeSqftPriceAED/sqft
    13 Aug 20261 bed716AED 990,0001,382
    4 Aug 20261 bed753AED 1,100,0001,460
    31 Jul 20262 bed1,557AED 1,700,0001,092
    27 Jul 20262 bed5,508AED 2,200,000399 *
    16 Jul 20261 bed722AED 1,030,0001,427
    26 Jun 20262 bed1,557AED 1,950,0001,252
    1 Jun 20261 bed722AED 1,050,0001,454

    7 resales in the last 3 months.

    * Far from the median for this bedroom type and window. Often a related-party transfer rather than a market sale — the Land Department files both identically.

    Rental contracts

    Nothing registered in the last 3 months. Try a wider window.

    Nearby

    Metro
    Damac Properties
    Mall
    Marina Mall
    Landmark
    Burj Al Arab

    Compare with nearby buildings

    The most-traded buildings in Jumeirah Lake Towers, on the same figures over the same window.

    Common questions

    How much does a 1 bedroom in MAG 214 cost?
    The median registered sale price is AED 990,000 (1,357 AED/sqft), from 29 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
    What are apartments in MAG 214 selling for right now?
    Registered sales of ready units in MAG 214 over the last 6 months have a median of 1,440 AED/sqft, across 6 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
    Have prices in MAG 214 risen or fallen?
    Median price per square foot moved +8.6% over the last 12 months against the 12 before it, on 29 registered sales. On a sample this size, read the direction rather than the exact figure.
    Does MAG 214 earn more short-let than long-let?
    A night asks a median of AED 496, which models to 11.13% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities. Nightly rates are asking rates sampled across the next 12 months, not registered income.
    How many apartments change hands in MAG 214?
    29 sales were registered with the Dubai Land Department in the last 24 months. Every median on this page rests on those counts.

    Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

    Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

    MAG 214 sale record

    Record type
    Building-level property market record
    Data date
    Evidence base
    29 registered sales in the trailing 24 months for the default unit type
    Sources
    Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
    Canonical record
    /sale/apartments/dubai/jumeirah-lake-towers/mag-214
    Method
    Definitions and calculations

    Cite as: Dubai Wealth Index. “MAG 214 sale prices and yield.” Jumeirah Lake Towers, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-lake-towers/mag-214.

    Stable dataJSON

    Where this data stops

    Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.