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

207, MAG 520

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

Unit 207 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 350K23 September 2019
Current rentAED 33K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 207, MAG 520

What is 207 worth today?

Last sold for AED 350,000 in 2019

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1 Jan 2026RentedRenewal
AED 33,000/yr12 months · AED 85 per sqft
1 Jan 2025RentedNew contract
AED 30,000/yr12 months · AED 78 per sqft
25 Jan 2024RentedNew contract
AED 26,957/yr11 months · AED 70 per sqft
29 Dec 2022RentedRenewal
AED 22,000/yr12 months · AED 57 per sqft
29 Dec 2021RentedNew contract
AED 19,000/yr12 months · AED 49 per sqft
23 Sep 2019Sold by developerOff-plan
AED 350,000AED 904 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
Studio apartment
Size
387 sqft
Floor
2nd of 6
Parking
G-53
Developer
MAG
Completed
2020
Service charge
AED 6,900 /yr
Last sold
AED 350K · September 2019
Building
MAG 520

About 207, MAG 520

207 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 23 September 2019 for AED 350,000, or AED 904 per sqft, 7% below the AED 967 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 33,000 a year: a gross yield of 9.4% on the 2019 price, before the service charge of about AED 6,900 a year.

Sales and rents for 207 over time

Sales
Unit 207, 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, September 2019: AED 350,000 (AED 904 per sqft)

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

Rents
Unit 207, 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, December 2021: AED 19,000 a yearRenewal, December 2022: AED 22,000 a yearNew contract, January 2024: AED 26,957 a yearNew contract, January 2025: AED 30,000 a yearRenewal, January 2026: AED 33,000 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 207 sits

All 60 studios →

207 last sold in September 2019 at AED 904 per sqft, 7% below what studios in MAG 520 were fetching at the time (AED 967). 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. 207's AED 33,000 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
202StudioAED 355K · Mar 2019
203StudioAED 370K · Mar 2019
2041-bedAED 420K · Apr 2019
2052-bedAED 525K · Dec 2020
2061-bedAED 432K · Mar 2019
208StudioAED 530K · Feb 2026
1–7 of 21

207, MAG 520 in numbers

  • Sold once: by MAG on 23 September 2019 for AED 350,000, or AED 904 per sqft.
  • Rented since December 2021 on 5 Ejari contracts, from AED 19,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2019 price is 9.4%, 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 1 January 2026.

Questions about 207, MAG 520

What did unit 207 last sell for?

AED 350,000 on 23 September 2019, sold by the developer: AED 904 per sqft for 387 sqft. It is the only registered sale of the unit.

What is the rent for unit 207?

AED 33,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 30,000; the unit has been rented since December 2021.

How big is unit 207?

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

What is unit 207 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 207, MAG 520

Starts from the last sale price (AED 350K, 23 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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