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

322, MAG 520

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 322 · DLD and Ejari recordsUpdated 22 February 2026
Last soldAED 388K12 July 2024
Current rentAED 44K /yr22 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 322, MAG 520

What is 322 worth today?

Last sold for AED 388,000 in 2024

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22 Feb 2026RentedNew contract
AED 44,000/yr12 months · AED 124 per sqft
12 Jul 2024SoldReady
AED 388,000AED 1,077 per sqft
1 Feb 2024RentedRenewal
AED 23,000/yr12 months · AED 65 per sqft
1 Feb 2023RentedNew contract
AED 21,000/yr12 months · AED 59 per sqft
15 Dec 2020RentedNew contract
AED 17,000/yr12 months · AED 48 per sqft
20 Mar 2019Sold by developerOff-plan
AED 357,000AED 991 per sqft

Source: Dubai Land Department. Updated 22 February 2026.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
3rd of 6
Parking
G-69
Developer
MAG
Completed
2020
Service charge
AED 6,400 /yr
Last sold
AED 388K · July 2024
Building
MAG 520

About 322, MAG 520

322 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 12 July 2024 for AED 388,000, or AED 1,077 per sqft, 7% above the AED 1,008 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 22 February 2026, is AED 44,000 a year: a gross yield of 11.3% on the 2024 price, before the service charge of about AED 6,400 a year.

Sales and rents for 322 over time

Sales
Unit 322, 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, March 2019: AED 357,000 (AED 991 per sqft)Sold, July 2024: AED 388,000 (AED 1,077 per sqft)

322 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 322, each contractTypical studio in MAG 520
20K40K2020202220242026Typical 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 2020: AED 17,000 a yearNew contract, February 2023: AED 21,000 a yearRenewal, February 2024: AED 23,000 a yearNew contract, February 2026: AED 44,000 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 322 sits

All 60 studios →

322 last sold in July 2024 at AED 1,077 per sqft, 7% above what studios in MAG 520 were fetching at the time (AED 1,008). 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. 322's AED 44,000 is in the upper 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

322, MAG 520 in numbers

  • Sold twice: first on 20 March 2019 for AED 357,000, last on 12 July 2024 for AED 388,000 (AED 1,077 per sqft).
  • Rented since December 2020 on 4 Ejari contracts, from AED 17,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2024 price is 11.3%, 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 22 February 2026.

Questions about 322, MAG 520

What did unit 322 last sell for?

AED 388,000 on 12 July 2024: AED 1,077 per sqft for 360 sqft. The unit has 2 registered sales; the first was AED 357,000 in March 2019.

What is the rent for unit 322?

AED 44,000 a year on the contract signed on 22 February 2026. The previous contract, from February 2024, was AED 23,000; the unit has been rented since December 2020.

How big is unit 322?

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

What is unit 322 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 322, MAG 520

Starts from the last sale price (AED 388K, 12 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 388,000
Deposit, UAE resident (20%)
AED 77,600
Deposit, non-resident (40%)
AED 155,200
Monthly over 25 years at 3.7%
AED 1,587

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