Studio · 387 sqftMAG 520, Dubai South · 2nd floor · completed 2020

202, MAG 520

Sold prices and rental history: sold once, by the developer in March 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 3 August 2026
Last soldAED 355K3 March 2019
Current rentAED 27K /yr3 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, MAG 520

What is 202 worth today?

Last sold for AED 355,000 in 2019

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3 Aug 2026RentedRenewal
AED 27,375/yr12 months · AED 71 per sqft
3 Aug 2025RentedRenewal
AED 23,805/yr12 months · AED 62 per sqft
3 Aug 2024RentedRenewal
AED 20,700/yr12 months · AED 53 per sqft
3 Aug 2023RentedNew contract
AED 18,000/yr12 months · AED 47 per sqft
3 Aug 2022RentedRenewal
AED 16,000/yr12 months · AED 41 per sqft
3 Aug 2021RentedNew contract
AED 16,000/yr12 months · AED 41 per sqft
3 Mar 2019Sold by developerOff-plan
AED 355,000AED 917 per sqft

Source: Dubai Land Department. Updated 3 August 2026.

Key facts

Type
Studio apartment
Size
387 sqft
Floor
2nd of 6
Parking
G-26
Developer
MAG
Completed
2020
Service charge
AED 6,900 /yr
Last sold
AED 355K · March 2019
Building
MAG 520

About 202, MAG 520

202 is a studio of 387 sqft on the 2nd floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 3 March 2019 for AED 355,000, or AED 917 per sqft, 4% below the AED 954 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 3 August 2026, is AED 27,375 a year: a gross yield of 7.7% on the 2019 price, before the service charge of about AED 6,900 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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, March 2019: AED 355,000 (AED 917 per sqft)

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

Rents
Unit 202, 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, August 2021: AED 16,000 a yearRenewal, August 2022: AED 16,000 a yearNew contract, August 2023: AED 18,000 a yearRenewal, August 2024: AED 20,700 a yearRenewal, August 2025: AED 23,805 a yearRenewal, August 2026: AED 27,375 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 202 sits

All 60 studios →

202 last sold in March 2019 at AED 917 per sqft, 4% below what studios in MAG 520 were fetching at the time (AED 954). 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. 202's AED 27,375 is in the lower 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 2nd floor

All 131 units in MAG 520
Value
2011-bedAED 480K · Sep 2019
203StudioAED 370K · Mar 2019
2041-bedAED 420K · Apr 2019
2052-bedAED 525K · Dec 2020
2061-bedAED 432K · Mar 2019
207StudioAED 350K · Sep 2019
208StudioAED 530K · Feb 2026
1–7 of 21

202, MAG 520 in numbers

  • Sold once: by MAG on 3 March 2019 for AED 355,000, or AED 917 per sqft.
  • Rented since August 2021 on 6 Ejari contracts, from AED 16,000 to AED 27,375 a year.
  • At AED 27,375 a year the gross yield on the 2019 price is 7.7%, before a service charge of about AED 6,900 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 3 August 2026.

Questions about 202, MAG 520

What did unit 202 last sell for?

AED 355,000 on 3 March 2019, sold by the developer: AED 917 per sqft for 387 sqft. It is the only registered sale of the unit.

What is the rent for unit 202?

AED 27,375 a year on the contract renewed on 3 August 2026. The previous contract, from August 2025, was AED 23,805; the unit has been rented since August 2021.

How big is unit 202?

387 sqft (36.0 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 202 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 202, MAG 520

Starts from the last sale price (AED 355K, 3 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 355,000
Deposit, UAE resident (20%)
AED 71,000
Deposit, non-resident (40%)
AED 142,000
Monthly over 25 years at 3.7%
AED 1,452

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