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Studio · 360 sqftMAG 520, Dubai South · 3rd floor · completed 2020

321, MAG 520

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 321 · DLD and Ejari recordsUpdated 31 October 2026
Last soldAED 400K4 July 2024
Current rentAED 35K /yr31 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 321, MAG 520

What is 321 worth today?

Last sold for AED 400,000 in 2024

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31 Oct 2026RentedNew contract
AED 35,000/yr12 months · AED 97 per sqft
20 Nov 2025RentedRenewal
AED 40,000/yr12 months · AED 113 per sqft
20 Nov 2024RentedNew contract
AED 38,000/yr12 months · AED 107 per sqft
4 Jul 2024SoldReady
AED 400,000AED 1,110 per sqft
1 Oct 2022RentedNew contract
AED 38,400/yr12 months · AED 107 per sqft
15 Apr 2022RentedNew contract
AED 34,320/yr12 months · AED 95 per sqft
10 Oct 2020RentedNew contract
AED 20,000/yr13 months · AED 56 per sqft
1 Oct 2019RentedNew contract
AED 24,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 31 October 2026.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
3rd of 6
Parking
G-68
Developer
MAG
Completed
2020
Service charge
AED 6,400 /yr
Last sold
AED 400K · July 2024
Building
MAG 520

About 321, MAG 520

321 is a studio of 360 sqft on the 3rd floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 4 July 2024 for AED 400,000, or AED 1,110 per sqft, 18% above the AED 938 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 31 October 2026, is AED 35,000 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 6,400 a year.

Sales and rents for 321 over time

Sales
Unit 321, 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, November 2018: AED 357,000 (AED 991 per sqft)Sold, August 2019: AED 280,000 (AED 777 per sqft)Sold, July 2024: AED 400,000 (AED 1,110 per sqft)

321 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 321, each contractTypical studio in MAG 520
20K30K40K201920222025Typical 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, October 2019: AED 24,000 a yearNew contract, October 2020: AED 20,000 a yearNew contract, April 2022: AED 34,320 a yearNew contract, October 2022: AED 38,400 a yearNew contract, November 2024: AED 38,000 a yearRenewal, November 2025: AED 40,000 a yearNew contract, October 2026: AED 35,000 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 321 sits

All 60 studios →

321 last sold in July 2024 at AED 1,110 per sqft, 18% above what studios in MAG 520 were fetching at the time (AED 938). 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. 321's AED 35,000 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 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

321, MAG 520 in numbers

  • Sold 3 times: first on 8 November 2018 for AED 357,000, last on 4 July 2024 for AED 400,000 (AED 1,110 per sqft).
  • Rented since October 2019 on 7 Ejari contracts. The rent fell from AED 24,000 to AED 20,000 in 2020 and recovered to AED 35,000 by October 2026.
  • At AED 35,000 a year the gross yield on the 2024 price is 8.8%, before a service charge of about AED 6,400 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 31 October 2026.

Questions about 321, MAG 520

What did unit 321 last sell for?

AED 400,000 on 4 July 2024: AED 1,110 per sqft for 360 sqft. The unit has 3 registered sales; the first was AED 357,000 in November 2018.

What is the rent for unit 321?

AED 35,000 a year on the contract signed on 31 October 2026. The previous contract, from November 2025, was AED 40,000; the unit has been rented since October 2019.

How big is unit 321?

360 sqft (33.4 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 321 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 321, MAG 520

Starts from the last sale price (AED 400K, 4 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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