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1-bed · 483 sqftMAG 520, Dubai South · 3rd floor · completed 2020

311, MAG 520

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

Unit 311 · DLD and Ejari recordsUpdated 19 January 2026
Last soldAED 440K20 March 2019
Current rentAED 39K /yr19 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 311, MAG 520

What is 311 worth today?

Last sold for AED 440,000 in 2019

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19 Jan 2026RentedNew contract
AED 38,791/yr12 months · AED 80 per sqft
20 Jan 2025RentedRenewal
AED 39,000/yr12 months · AED 82 per sqft
20 Jan 2025RentedRenewal
AED 39,000/yr12 months · AED 82 per sqft
20 Jan 2024RentedNew contract
AED 39,000/yr12 months · AED 81 per sqft
24 Sep 2020RentedNew contract
AED 22,000/yr13 months · AED 45 per sqft
20 Mar 2019Sold by developerOff-plan
AED 440,000AED 911 per sqft

Source: Dubai Land Department. Updated 19 January 2026.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
3rd of 6
Parking
G-32
Developer
MAG
Completed
2020
Service charge
AED 8,600 /yr
Last sold
AED 440K · March 2019
Building
MAG 520

About 311, MAG 520

311 is a one-bedroom apartment of 483 sqft on the 3rd floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 20 March 2019 for AED 440,000, or AED 911 per sqft, 3% above the AED 883 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 19 January 2026, is AED 38,791 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 8,600 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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, March 2019: AED 440,000 (AED 911 per sqft)

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

Rents
Unit 311, 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, September 2020: AED 22,000 a yearNew contract, January 2024: AED 39,000 a yearRenewal, January 2025: AED 39,000 a yearRenewal, January 2025: AED 39,000 a yearNew contract, January 2026: AED 38,791 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 311 sits

All 60 1-beds →

311 last sold in March 2019 at AED 911 per sqft, 3% above what one-beds in MAG 520 were fetching at the time (AED 883). 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. 311's AED 38,791 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 3rd floor

All 131 units in MAG 520
Value
3011-bedAED 480K · May 2019
302StudioAED 450K · Nov 2026
303StudioAED 420K · Feb 2025
3041-bedAED 459K · Jul 2019
3052-bedAED 569K · Sep 2019
3061-bedAED 484K · Mar 2019
307StudioAED 380K · Sep 2019
1–7 of 21

311, MAG 520 in numbers

  • Sold once: by MAG on 20 March 2019 for AED 440,000, or AED 911 per sqft.
  • Rented since September 2020 on 5 Ejari contracts, from AED 22,000 to AED 38,791 a year.
  • At AED 38,791 a year the gross yield on the 2019 price is 8.8%, before a service charge of about AED 8,600 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 19 January 2026.

Questions about 311, MAG 520

What did unit 311 last sell for?

AED 440,000 on 20 March 2019, sold by the developer: AED 911 per sqft for 483 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 38,791 a year on the contract signed on 19 January 2026. The previous contract, from January 2025, was AED 39,000; the unit has been rented since September 2020.

How big is unit 311?

483 sqft (44.9 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 311 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 311, MAG 520

Starts from the last sale price (AED 440K, 20 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 440,000
Deposit, UAE resident (20%)
AED 88,000
Deposit, non-resident (40%)
AED 176,000
Monthly over 25 years at 3.7%
AED 1,800

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