1-bed · 478 sqftMAG 520, Dubai South · 4th floor · completed 2020

404, MAG 520

Sold prices and rental history: sold 3 times, last in October 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 325K5 October 2021
Current rentAED 57K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, MAG 520

What is 404 worth today?

Last sold for AED 325,000 in 2021

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1 Aug 2026RentedNew contract
AED 57,000/yr12 months · AED 119 per sqft
1 Feb 2025RentedRenewal
AED 40,000/yr12 months · AED 84 per sqft
1 Feb 2024RentedRenewal
AED 32,000/yr12 months · AED 67 per sqft
1 Feb 2023RentedNew contract
AED 28,000/yr12 months · AED 59 per sqft
1 Feb 2022RentedNew contract
AED 28,000/yr12 months · AED 59 per sqft
5 Oct 2021SoldReady
AED 325,000AED 679 per sqft
14 Jul 2021SoldReady
AED 357,000AED 746 per sqft
10 Dec 2020RentedNew contract
AED 18,883/yr13 months · AED 39 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
4th of 6
Parking
G-73
Developer
MAG
Completed
2020
Service charge
AED 8,500 /yr
Last sold
AED 325K · October 2021
Building
MAG 520

About 404, MAG 520

404 is a one-bedroom apartment of 478 sqft on the 4th floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 5 October 2021 for AED 325,000, or AED 679 per sqft, 6% below the AED 723 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 1 August 2026, is AED 57,000 a year: a gross yield of 17.5% on the 2021 price, before the service charge of about AED 8,500 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, September 2019: AED 420,000 (AED 878 per sqft)Sold, July 2021: AED 357,000 (AED 746 per sqft)Sold, October 2021: AED 325,000 (AED 679 per sqft)

404 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 404, each contractTypical one-bed in MAG 520
20K40K60K201920222025Typical 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, November 2019: AED 25,000 a yearNew contract, December 2020: AED 18,883 a yearNew contract, February 2022: AED 28,000 a yearNew contract, February 2023: AED 28,000 a yearRenewal, February 2024: AED 32,000 a yearRenewal, February 2025: AED 40,000 a yearNew contract, August 2026: AED 57,000 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 404 sits

All 60 1-beds →

404 last sold in October 2021 at AED 679 per sqft, 6% below what one-beds in MAG 520 were fetching at the time (AED 723). 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. 404's AED 57,000 is in the upper 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 4th floor

All 131 units in MAG 520
Value
4011-bedAED 480K · Sep 2019
402StudioAED 360K · Jul 2019
403StudioAED 365K · Sep 2019
4052-bedAED 497K · May 2019
4061-bedAED 400K · Sep 2023
407StudioAED 380K · Sep 2019
408StudioAED 195K · Aug 2022
1–7 of 20

404, MAG 520 in numbers

  • Sold 3 times: first on 9 September 2019 for AED 420,000, last on 5 October 2021 for AED 325,000 (AED 679 per sqft).
  • Rented since November 2019 on 7 Ejari contracts. The rent fell from AED 25,000 to AED 18,883 in 2020 and recovered to AED 57,000 by August 2026.
  • At AED 57,000 a year the gross yield on the 2021 price is 17.5%, before a service charge of about AED 8,500 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 1 August 2026.

Questions about 404, MAG 520

What did unit 404 last sell for?

AED 325,000 on 5 October 2021: AED 679 per sqft for 478 sqft. The unit has 3 registered sales; the first was AED 420,000 in September 2019.

What is the rent for unit 404?

AED 57,000 a year on the contract signed on 1 August 2026. The previous contract, from February 2025, was AED 40,000; the unit has been rented since November 2019.

How big is unit 404?

478 sqft (44.4 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 404 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 404, MAG 520

Starts from the last sale price (AED 325K, 5 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 325,000
Deposit, UAE resident (20%)
AED 65,000
Deposit, non-resident (40%)
AED 130,000
Monthly over 25 years at 3.7%
AED 1,330

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