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2-bed · 669 sqftMAG 520, Dubai South · 4th floor · completed 2020

405, MAG 520

Sold prices and rental history: sold once, by the developer in May 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 2 September 2026
Last soldAED 497K20 May 2019
Current rentAED 53K /yr2 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 405, MAG 520

What is 405 worth today?

Last sold for AED 497,000 in 2019

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2 Sep 2026RentedNew contract
AED 53,000/yr12 months · AED 79 per sqft
5 Sep 2025RentedRenewal
AED 48,000/yr12 months · AED 72 per sqft
5 Sep 2024RentedRenewal
AED 46,000/yr12 months · AED 69 per sqft
5 Sep 2023RentedNew contract
AED 40,000/yr12 months · AED 60 per sqft
13 Aug 2022RentedNew contract
AED 34,000/yr12 months · AED 51 per sqft
13 Mar 2021RentedNew contract
AED 85,000/yr12 months · AED 127 per sqft
1 Mar 2020RentedNew contract
AED 32,000/yr12 months · AED 48 per sqft
20 May 2019Sold by developerOff-plan
AED 497,000AED 743 per sqft

Source: Dubai Land Department. Updated 2 September 2026.

Key facts

Type
2-bed apartment
Size
669 sqft
Floor
4th of 6
Parking
G-74
Developer
MAG
Completed
2020
Service charge
AED 11,800 /yr
Last sold
AED 497K · May 2019
Building
MAG 520

About 405, MAG 520

405 is a two-bedroom apartment of 669 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 20 May 2019 for AED 497,000, or AED 743 per sqft, in line with the AED 744 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 2 September 2026, is AED 53,000 a year: a gross yield of 10.7% on the 2019 price, before the service charge of about AED 11,800 a year.

Sales and rents for 405 over time

Rents
Unit 405, each contractTypical two-bed in MAG 520
25K50K75K2020202220242026Typical rent by year: 2020 AED 34,000; 2021 AED 34,000; 2022 AED 34,000; 2023 AED 40,000; 2024 AED 43,500; 2025 AED 50,000; 2026 AED 53,000New contract, March 2020: AED 32,000 a yearNew contract, March 2021: AED 85,000 a yearNew contract, August 2022: AED 34,000 a yearNew contract, September 2023: AED 40,000 a yearRenewal, September 2024: AED 46,000 a yearRenewal, September 2025: AED 48,000 a yearNew contract, September 2026: AED 53,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in MAG 520, and where 405 sits

All 11 2-beds →

405 last sold in May 2019 at AED 743 per sqft, in line with what two-beds in MAG 520 were fetching at the time (AED 744). Over the last 12 months two-beds sold for AED 705,500, around AED 1,057 per sqft, and rent for AED 40,890 to 64,000 a year. 405's AED 53,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Jul 2026705,500
29 Apr 2025740,000
23 Dec 2020525,000
17 Mar 2020400,000
1 2-bed sale 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
4041-bedAED 325K · Oct 2021
4061-bedAED 400K · Sep 2023
407StudioAED 380K · Sep 2019
408StudioAED 195K · Aug 2022
1–7 of 20

405, MAG 520 in numbers

  • Sold once: by MAG on 20 May 2019 for AED 497,000, or AED 743 per sqft.
  • Rented since March 2020 on 7 Ejari contracts, from AED 32,000 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2019 price is 10.7%, before a service charge of about AED 11,800 a year (AED 17.72 per sqft).
  • Two-beds in MAG 520 sold for AED 705,500–705,500 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 2 September 2026.

Questions about 405, MAG 520

What did unit 405 last sell for?

AED 497,000 on 20 May 2019, sold by the developer: AED 743 per sqft for 669 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 53,000 a year on the contract signed on 2 September 2026. The previous contract, from September 2025, was AED 48,000; the unit has been rented since March 2020.

How big is unit 405?

669 sqft (62.2 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 520 sold for AED 705,500 to 705,500 in the last 12 months, around AED 1,057 per sqft.

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Mortgage on 405, MAG 520

Starts from the last sale price (AED 497K, 20 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 497,000
Deposit, UAE resident (20%)
AED 99,400
Deposit, non-resident (40%)
AED 198,800
Monthly over 25 years at 3.7%
AED 2,033

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