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1-bed · 638 sqftMAG 520, Dubai South · 2nd floor · completed 2020

214, MAG 520

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

Unit 214 · DLD and Ejari recordsUpdated 5 January 2025
Last soldAED 480K30 July 2019
Current rentAED 52K /yr5 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 214, MAG 520

What is 214 worth today?

Last sold for AED 480,000 in 2019

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5 Jan 2025RentedNew contract
AED 52,000/yr12 months · AED 82 per sqft
5 Jan 2025RentedNew contract
AED 52,000/yr12 months · AED 82 per sqft
17 Dec 2023RentedNew contract
AED 43,000/yr12 months · AED 68 per sqft
15 Nov 2022RentedNew contract
AED 30,000/yr12 months · AED 47 per sqft
10 Oct 2020RentedNew contract
AED 26,000/yr12 months · AED 41 per sqft
30 Jul 2019Sold by developerOff-plan
AED 480,000AED 752 per sqft

Source: Dubai Land Department. Updated 5 January 2025.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
2nd of 6
Parking
G-38
Developer
MAG
Completed
2020
Service charge
AED 11,300 /yr
Last sold
AED 480K · July 2019
Building
MAG 520

About 214, MAG 520

214 is a one-bedroom apartment of 638 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 30 July 2019 for AED 480,000, or AED 752 per sqft, 12% below the AED 859 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 5 January 2025, is AED 52,000 a year: a gross yield of 10.8% on the 2019 price, before the service charge of about AED 11,300 a year.

Sales and rents for 214 over time

Sales
Unit 214, 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, July 2019: AED 480,000 (AED 752 per sqft)

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

Rents
Unit 214, 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, October 2020: AED 26,000 a yearNew contract, November 2022: AED 30,000 a yearNew contract, December 2023: AED 43,000 a yearNew contract, January 2025: AED 52,000 a yearNew contract, January 2025: AED 52,000 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 214 sits

All 60 1-beds →

214 last sold in July 2019 at AED 752 per sqft, 12% below what one-beds in MAG 520 were fetching at the time (AED 859). 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. 214's AED 52,000 is in the upper 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 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
207StudioAED 350K · Sep 2019
1–7 of 21

214, MAG 520 in numbers

  • Sold once: by MAG on 30 July 2019 for AED 480,000, or AED 752 per sqft.
  • Rented since October 2020 on 5 Ejari contracts, from AED 26,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2019 price is 10.8%, before a service charge of about AED 11,300 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 5 January 2025.

Questions about 214, MAG 520

What did unit 214 last sell for?

AED 480,000 on 30 July 2019, sold by the developer: AED 752 per sqft for 638 sqft. It is the only registered sale of the unit.

What is the rent for unit 214?

AED 52,000 a year on the contract signed on 5 January 2025. The previous contract, from January 2025, was AED 52,000; the unit has been rented since October 2020.

How big is unit 214?

638 sqft (59.3 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 214 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 214, MAG 520

Starts from the last sale price (AED 480K, 30 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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