Home
Dubai prices
About
Research
Studio · 387 sqftMAG 520, Dubai South · 4th floor · completed 2020

402, 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 402 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 360K30 July 2019
Current rentAED 33K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 402

Property timeline for 402, MAG 520

What is 402 worth today?

Last sold for AED 360,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Feb 2026RentedRenewal
AED 33,000/yr12 months · AED 85 per sqft
1 Feb 2025RentedRenewal
AED 29,000/yr12 months · AED 75 per sqft
1 Feb 2025RentedRenewal
AED 29,000/yr12 months · AED 75 per sqft
1 Feb 2024RentedNew contract
AED 28,000/yr12 months · AED 72 per sqft
1 Feb 2023RentedNew contract
AED 26,400/yr12 months · AED 68 per sqft
1 Feb 2022RentedNew contract
AED 23,803/yr12 months · AED 61 per sqft
6 Jan 2021RentedRenewal
AED 20,024/yr13 months · AED 52 per sqft
6 Jan 2020RentedNew contract
AED 20,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
Studio apartment
Size
387 sqft
Floor
4th of 6
Parking
G-71
Developer
MAG
Completed
2020
Service charge
AED 6,900 /yr
Last sold
AED 360K · July 2019
Building
MAG 520

About 402, MAG 520

402 is a studio of 387 sqft on the 4th 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 360,000, or AED 930 per sqft, 5% below the AED 978 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 33,000 a year: a gross yield of 9.2% on the 2019 price, before the service charge of about AED 6,900 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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, July 2019: AED 360,000 (AED 930 per sqft)

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

Rents
Unit 402, 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, January 2020: AED 20,000 a yearRenewal, January 2021: AED 20,024 a yearNew contract, February 2022: AED 23,803 a yearNew contract, February 2023: AED 26,400 a yearNew contract, February 2024: AED 28,000 a yearRenewal, February 2025: AED 29,000 a yearRenewal, February 2025: AED 29,000 a yearRenewal, February 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 402 sits

All 60 studios →

402 last sold in July 2019 at AED 930 per sqft, 5% below what studios in MAG 520 were fetching at the time (AED 978). 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. 402'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 4th floor

All 131 units in MAG 520
Value
4011-bedAED 480K · Sep 2019
403StudioAED 365K · Sep 2019
4041-bedAED 325K · Oct 2021
4052-bedAED 497K · May 2019
4061-bedAED 400K · Sep 2023
407StudioAED 380K · Sep 2019
408StudioAED 195K · Aug 2022
1–7 of 20

402, MAG 520 in numbers

  • Sold once: by MAG on 30 July 2019 for AED 360,000, or AED 930 per sqft.
  • Rented since January 2020 on 8 Ejari contracts, from AED 20,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2019 price is 9.2%, 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 February 2026.

Questions about 402, MAG 520

What did unit 402 last sell for?

AED 360,000 on 30 July 2019, sold by the developer: AED 930 per sqft for 387 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 33,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 29,000; the unit has been rented since January 2020.

How big is unit 402?

387 sqft (36.0 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.

What is unit 402 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.

Selling 402? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 402, MAG 520

Starts from the last sale price (AED 360K, 30 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

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