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Studio · 347 sqftMAG 520, Dubai South · 1st floor · completed 2020

108, MAG 520

Sold prices and rental history: sold once, by the developer in May 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 347K20 May 2019
Current rentAED 37K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 108, MAG 520

What is 108 worth today?

Last sold for AED 347,000 in 2019

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1 Jul 2026RentedNew contract
AED 37,000/yr12 months · AED 107 per sqft
1 Apr 2025RentedRenewal
AED 34,000/yr12 months · AED 98 per sqft
1 Apr 2024RentedNew contract
AED 34,000/yr12 months · AED 98 per sqft
17 Mar 2023RentedRenewal
AED 22,000/yr12 months · AED 63 per sqft
17 Mar 2022RentedNew contract
AED 20,000/yr12 months · AED 58 per sqft
20 May 2019Sold by developerOff-plan
AED 347,000AED 998 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
347 sqft
Floor
1st of 6
Parking
G-08
Developer
MAG
Completed
2020
Service charge
AED 6,200 /yr
Last sold
AED 347K · May 2019
Building
MAG 520

About 108, MAG 520

108 is a studio of 347 sqft on the 1st floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 20 May 2019 for AED 347,000, or AED 998 per sqft, in line with the AED 991 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 1 July 2026, is AED 37,000 a year: a gross yield of 10.7% on the 2019 price, before the service charge of about AED 6,200 a year.

Sales and rents for 108 over time

Sales
Unit 108, each saleTypical studio in MAG 520
300K400K500K2018202120242027Typical sale price by year: 2018 AED 360,000; 2019 AED 365,000; 2021 AED 271,874; 2023 AED 310,000; 2024 AED 390,000; 2026 AED 484,500Sold by developer, May 2019: AED 347,000 (AED 998 per sqft)

108 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 108, each contractTypical studio in MAG 520
20K30K40K2020202220242026Typical rent by year: 2020 AED 20,000; 2021 AED 18,000; 2022 AED 20,000; 2023 AED 23,000; 2024 AED 34,500; 2025 AED 38,000; 2026 AED 37,000New contract, March 2022: AED 20,000 a yearRenewal, March 2023: AED 22,000 a yearNew contract, April 2024: AED 34,000 a yearRenewal, April 2025: AED 34,000 a yearNew contract, July 2026: AED 37,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in MAG 520, and where 108 sits

All 60 studios →

108 last sold in May 2019 at AED 998 per sqft, in line with what studios in MAG 520 were fetching at the time (AED 991). Over the last 12 months studios sold for AED 450,000 to 530,000, around AED 1,285 per sqft, and rent for AED 26,565 to 45,000 a year. 108's AED 37,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 2026450,000
15 Jul 2026470,000
7 Apr 2026499,000
27 Feb 2026530,000
4 studio sales in the last 12 months

MAG 520

Building

131 apartments, studios to 2-bed over 6 floors in Dubai South, completed in 2020 by MAG. 11 sold in the last 12 months.

Typical price per sqft
AED 1,180
Typical sale
AED 570K
Typical rent
AED 42K /yr
Typical yield
7.9%
MAG 520, Dubai South: prices, sales and rents →

Other units on the 1st floor

All 131 units in MAG 520
Value
1011-bedAED 449K · Feb 2023
102StudioAED 256K · Apr 2021
103StudioAED 365K · Sep 2019
1041-bedAED 353K · Oct 2021
1052-bedAED 400K · Mar 2020
1061-bedAED 182K · May 2023
107StudioAED 355K · Mar 2019
1–7 of 21

108, MAG 520 in numbers

  • Sold once: by MAG on 20 May 2019 for AED 347,000, or AED 998 per sqft.
  • Rented since March 2022 on 5 Ejari contracts, from AED 20,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2019 price is 10.7%, before a service charge of about AED 6,200 a year (AED 17.72 per sqft).
  • Studios in MAG 520 sold for AED 450,000–530,000 in the 12 months to November 2026; the building's median across all types is AED 1,180 per sqft.

Source: Dubai Land Department. Updated 1 July 2026.

Questions about 108, MAG 520

What did unit 108 last sell for?

AED 347,000 on 20 May 2019, sold by the developer: AED 998 per sqft for 347 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 37,000 a year on the contract signed on 1 July 2026. The previous contract, from April 2025, was AED 34,000; the unit has been rented since March 2022.

How big is unit 108?

347 sqft (32.2 sqm): a studio on the 1st floor of a 6-storey tower completed in 2020.

What is unit 108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 520 sold for AED 450,000 to 530,000 in the last 12 months, around AED 1,285 per sqft.

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Mortgage on 108, MAG 520

Starts from the last sale price (AED 347K, 20 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 347,000
Deposit, UAE resident (20%)
AED 69,400
Deposit, non-resident (40%)
AED 138,800
Monthly over 25 years at 3.7%
AED 1,420

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →