1-bed · 514 sqftMAG 520, Dubai South · 1st floor · completed 2020

119, MAG 520

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 119 · DLD and Ejari recordsUpdated 26 March 2026
Last soldAED 490K14 May 2024
Current rentAED 40K /yr26 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 119, MAG 520

What is 119 worth today?

Last sold for AED 490,000 in 2024

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26 Mar 2026RentedRenewal
AED 39,893/yr12 months · AED 79 per sqft
25 Mar 2025RentedRenewal
AED 34,906/yr12 months · AED 69 per sqft
25 Mar 2025RentedRenewal
AED 34,906/yr12 months · AED 69 per sqft
14 May 2024SoldReady
AED 490,000AED 953 per sqft
25 Apr 2024RentedRenewal
AED 30,000/yr11 months · AED 59 per sqft
25 Apr 2023RentedRenewal
AED 28,421/yr12 months · AED 56 per sqft
25 Apr 2022RentedNew contract
AED 27,000/yr12 months · AED 52 per sqft
20 Jul 2021RentedRenewal
AED 22,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 26 March 2026.

Key facts

Type
1-bed apartment
Size
514 sqft
Floor
1st of 6
Parking
G-21
Developer
MAG
Completed
2020
Service charge
AED 9,100 /yr
Last sold
AED 490K · May 2024
Building
MAG 520

About 119, MAG 520

119 is a one-bedroom apartment of 514 sqft on the 1st floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 14 May 2024 for AED 490,000, or AED 953 per sqft, 23% above the AED 775 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 26 March 2026, is AED 39,893 a year: a gross yield of 8.1% on the 2024 price, before the service charge of about AED 9,100 a year.

Sales and rents for 119 over time

Sales
Unit 119, each saleTypical one-bed in MAG 520
400K600K2018202120242027Typical sale price by year: 2018 AED 467,000; 2019 AED 468,448; 2020 AED 480,000; 2021 AED 354,910; 2022 AED 449,708; 2023 AED 400,000; 2024 AED 490,000; 2025 AED 600,000; 2026 AED 590,000Sold by developer, May 2019: AED 436,000 (AED 848 per sqft)Sold, May 2024: AED 490,000 (AED 953 per sqft)

119 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 119, each contractTypical one-bed in MAG 520
20K40K20192021202320252027Typical rent by year: 2019 AED 26,500; 2020 AED 25,000; 2021 AED 24,000; 2022 AED 26,000; 2023 AED 28,421; 2024 AED 37,500; 2025 AED 42,000; 2026 AED 48,000New contract, July 2020: AED 22,000 a yearRenewal, July 2021: AED 22,000 a yearNew contract, April 2022: AED 27,000 a yearRenewal, April 2023: AED 28,421 a yearRenewal, April 2024: AED 30,000 a yearRenewal, March 2025: AED 34,906 a yearRenewal, March 2025: AED 34,906 a yearRenewal, March 2026: AED 39,893 a year

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

1-beds in MAG 520, and where 119 sits

All 60 1-beds →

119 last sold in May 2024 at AED 953 per sqft, 23% above what one-beds in MAG 520 were fetching at the time (AED 775). Over the last 12 months one-beds sold for AED 500,000 to 670,000, around AED 1,174 per sqft, and rent for AED 30,000 to 60,000 a year. 119's AED 39,893 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Oct 2026570,000
7 Aug 2026670,000
23 Jun 2026600,000
24 Apr 2026500,000
6 1-bed 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

119, MAG 520 in numbers

  • Sold twice: first on 20 May 2019 for AED 436,000, last on 14 May 2024 for AED 490,000 (AED 953 per sqft).
  • Rented since July 2020 on 8 Ejari contracts, from AED 22,000 to AED 39,893 a year.
  • At AED 39,893 a year the gross yield on the 2024 price is 8.1%, before a service charge of about AED 9,100 a year (AED 17.72 per sqft).
  • One-beds in MAG 520 sold for AED 500,000–670,000 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 26 March 2026.

Questions about 119, MAG 520

What did unit 119 last sell for?

AED 490,000 on 14 May 2024: AED 953 per sqft for 514 sqft. The unit has 2 registered sales; the first was AED 436,000 in May 2019.

What is the rent for unit 119?

AED 39,893 a year on the contract renewed on 26 March 2026. The previous contract, from March 2025, was AED 34,906; the unit has been rented since July 2020.

How big is unit 119?

514 sqft (47.8 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 119 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 520 sold for AED 500,000 to 670,000 in the last 12 months, around AED 1,174 per sqft.

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Mortgage on 119, MAG 520

Starts from the last sale price (AED 490K, 14 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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