1-bed · 478 sqftMAG 520, Dubai South · 2nd floor · completed 2020

204, MAG 520

Sold prices and rental history: sold once, by the developer in April 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 420K17 April 2019
Current rentAED 30K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, MAG 520

What is 204 worth today?

Last sold for AED 420,000 in 2019

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15 Oct 2026RentedRenewal
AED 30,000/yr12 months · AED 63 per sqft
25 Dec 2025RentedNew contract
AED 49,000/yr12 months · AED 103 per sqft
5 Nov 2025RentedNew contract
AED 48,000/yr12 months · AED 101 per sqft
15 Oct 2025RentedRenewal
AED 28,000/yr12 months · AED 59 per sqft
15 Oct 2024RentedNew contract
AED 46,000/yr12 months · AED 97 per sqft
15 Sep 2021RentedNew contract
AED 23,000/yr12 months · AED 49 per sqft
31 Jul 2020RentedNew contract
AED 22,000/yr13 months · AED 46 per sqft
17 Apr 2019Sold by developerOff-plan
AED 420,000AED 878 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
2nd of 6
Parking
G-11
Developer
MAG
Completed
2020
Service charge
AED 8,500 /yr
Last sold
AED 420K · April 2019
Building
MAG 520

About 204, MAG 520

204 is a one-bedroom apartment of 478 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 17 April 2019 for AED 420,000, or AED 878 per sqft, in line with the AED 879 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 15 October 2026, is AED 30,000 a year: a gross yield of 7.1% on the 2019 price, before the service charge of about AED 8,500 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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, April 2019: AED 420,000 (AED 878 per sqft)

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

Rents
Unit 204, each contractTypical one-bed in MAG 520
20K40K201920222025Typical 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 yearNew contract, September 2021: AED 23,000 a yearNew contract, October 2024: AED 46,000 a yearRenewal, October 2025: AED 28,000 a yearNew contract, November 2025: AED 48,000 a yearNew contract, December 2025: AED 49,000 a yearRenewal, October 2026: AED 30,000 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 204 sits

All 60 1-beds →

204 last sold in April 2019 at AED 878 per sqft, in line with what one-beds in MAG 520 were fetching at the time (AED 879). 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. 204's AED 30,000 is at the bottom 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 2nd floor

All 131 units in MAG 520
Value
2011-bedAED 480K · Sep 2019
202StudioAED 355K · Mar 2019
203StudioAED 370K · Mar 2019
2052-bedAED 525K · Dec 2020
2061-bedAED 432K · Mar 2019
207StudioAED 350K · Sep 2019
208StudioAED 530K · Feb 2026
1–7 of 21

204, MAG 520 in numbers

  • Sold once: by MAG on 17 April 2019 for AED 420,000, or AED 878 per sqft.
  • Rented since July 2020 on 7 Ejari contracts, from AED 22,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2019 price is 7.1%, before a service charge of about AED 8,500 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 15 October 2026.

Questions about 204, MAG 520

What did unit 204 last sell for?

AED 420,000 on 17 April 2019, sold by the developer: AED 878 per sqft for 478 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 30,000 a year on the contract renewed on 15 October 2026. The previous contract, from December 2025, was AED 49,000; the unit has been rented since July 2020.

How big is unit 204?

478 sqft (44.4 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 204 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 204, MAG 520

Starts from the last sale price (AED 420K, 17 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

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