403, MAG 520
Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, MAG 520
What is 403 worth today?
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Source: Dubai Land Department. Updated 1 June 2026.
Key facts
- Type
- Studio apartment
- Size
- 365 sqft
- Floor
- 4th of 6
- Parking
- G-72
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,500 /yr
- Last sold
- AED 365K · September 2019
- Building
- MAG 520
About 403, MAG 520
403 is a studio of 365 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 24 September 2019 for AED 365,000, or AED 999 per sqft, 4% above the AED 956 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 42,350 a year: a gross yield of 11.6% on the 2019 price, before the service charge of about AED 6,500 a year.
Sales and rents for 403 over time
403 has sold once; the dashed line is the studio median of each year in the building.
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 403 sits
All 60 studios →403 last sold in September 2019 at AED 999 per sqft, 4% above what studios in MAG 520 were fetching at the time (AED 956). 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. 403's AED 42,350 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 387 sqft | 450,000 | 1,162 | ||
| 15 Jul 202615 July 2026 | 365 sqft | 470,000 | 1,287 | ||
| 7 Apr 20267 April 2026 | 389 sqft | 499,000 | 1,282 | ||
| 27 Feb 202627 February 2026 | 347 sqft | 530,000 | 1,525 |
MAG 520
Building131 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%
Other units on the 4th floor
All 131 units in MAG 520| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 628 sqft | AED 480KAED 480,000 · Sep 2019September 2019 | 37,500 /yr | |
| 402 | Studio | 387 sqft | AED 360KAED 360,000 · Jul 2019July 2019 | 33,000 /yr | |
| 404 | 1-bed | 478 sqft | AED 325KAED 325,000 · Oct 2021October 2021 | 57,000 /yr | |
| 405 | 2-bed | 669 sqft | AED 497KAED 497,000 · May 2019May 2019 | 53,000 /yr | |
| 406 | 1-bed | 483 sqft | AED 400KAED 400,000 · Sep 2023September 2023 | 60,000 /yr | |
| 407 | Studio | 387 sqft | AED 380KAED 380,000 · Sep 2019September 2019 | 36,000 /yr | |
| 408 | Studio | 347 sqft | AED 195KAED 195,000 · Aug 2022August 2022 | 43,000 /yr | |
| 409 | 1-bed | 478 sqft | AED 420KAED 420,000 · Sep 2019September 2019 | 40,000 /yr | |
| 411 | 1-bed | 483 sqft | AED 362KAED 361,880 · Jul 2021July 2021 | 42,000 /yr | |
| 412 | 1-bed | 656 sqft | AED 680KAED 680,000 · Jun 2025June 2025 | 26,500 /yr | |
| 413 | 1-bed | 622 sqft | AED 480KAED 480,000 · Nov 2019November 2019 | 42,000 /yr | |
| 414 | 1-bed | 638 sqft | AED 460KAED 460,000 · Dec 2023December 2023 | 42,000 /yr | |
| 415 | Studio | 410 sqft | AED 330KAED 330,000 · Jan 2024January 2024 | 44,000 /yr | |
| 416 | Studio | 410 sqft | AED 380KAED 380,000 · May 2019May 2019 | 40,000 /yr | |
| 417 | Studio | 437 sqft | AED 380KAED 380,000 · Sep 2019September 2019 | 25,410 /yr | |
| 418 | Studio | 437 sqft | AED 380KAED 380,000 · Sep 2019September 2019 | 42,000 /yr | |
| 419 | 1-bed | 514 sqft | AED 480KAED 480,000 · Apr 2019April 2019 | 48,000 /yr | |
| 420 | 1-bed | 514 sqft | AED 600KAED 600,000 · Jun 2026June 2026 | 48,000 /yr | |
| 421 | Studio | 360 sqft | AED 310KAED 310,000 · Jun 2023June 2023 | ||
| 422 | Studio | 360 sqft | AED 335KAED 335,000 · Jul 2019July 2019 | 32,000 /yr |
403, MAG 520 in numbers
- Sold once: by MAG on 24 September 2019 for AED 365,000, or AED 999 per sqft.
- Rented since March 2022 on 6 Ejari contracts, from AED 20,000 to AED 42,350 a year.
- At AED 42,350 a year the gross yield on the 2019 price is 11.6%, before a service charge of about AED 6,500 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 June 2026.
Questions about 403, MAG 520
What did unit 403 last sell for?
AED 365,000 on 24 September 2019, sold by the developer: AED 999 per sqft for 365 sqft. It is the only registered sale of the unit.
What is the rent for unit 403?
AED 42,350 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 38,500; the unit has been rented since March 2022.
How big is unit 403?
365 sqft (33.9 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.
What is unit 403 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 403, MAG 520
Starts from the last sale price (AED 365K, 24 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 365,000
- Deposit, UAE resident (20%)
- AED 73,000
- Deposit, non-resident (40%)
- AED 146,000
- Monthly over 25 years at 3.7%
- AED 1,493
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →