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1-bed · 483 sqftMAG 520, Dubai South · 4th floor · completed 2020

406, MAG 520

Sold prices and rental history: sold twice, last in September 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 10 October 2025
Last soldAED 400K18 September 2023
Current rentAED 60K /yr10 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 406, MAG 520

What is 406 worth today?

Last sold for AED 400,000 in 2023

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10 Oct 2025RentedNew contract
AED 60,000/yr12 months · AED 124 per sqft
18 Sep 2023SoldReady
AED 400,000AED 828 per sqft
9 Apr 2023RentedNew contract
AED 28,121/yr7 months · AED 58 per sqft
9 Apr 2022RentedNew contract
AED 28,000/yr12 months · AED 58 per sqft
5 Mar 2020Sold by developerReady
AED 430,000AED 890 per sqft

Source: Dubai Land Department. Updated 10 October 2025.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
4th of 6
Parking
G-33
Developer
MAG
Completed
2020
Service charge
AED 8,600 /yr
Last sold
AED 400K · September 2023
Building
MAG 520

About 406, MAG 520

406 is a one-bedroom apartment of 483 sqft on the 4th floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 18 September 2023 for AED 400,000, or AED 828 per sqft, 15% above the AED 721 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 10 October 2025, is AED 60,000 a year: a gross yield of 15.0% on the 2023 price, before the service charge of about AED 8,600 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, March 2020: AED 430,000 (AED 890 per sqft)Sold, September 2023: AED 400,000 (AED 828 per sqft)

406 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 406, each contractTypical one-bed in MAG 520
20K40K60K20192021202320252027Typical 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, April 2022: AED 28,000 a yearNew contract, April 2023: AED 28,121 a yearNew contract, October 2025: AED 60,000 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 406 sits

All 60 1-beds →

406 last sold in September 2023 at AED 828 per sqft, 15% above what one-beds in MAG 520 were fetching at the time (AED 721). 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. 406's AED 60,000 is at the top 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
4041-bedAED 325K · Oct 2021
4052-bedAED 497K · May 2019
407StudioAED 380K · Sep 2019
408StudioAED 195K · Aug 2022
1–7 of 20

406, MAG 520 in numbers

  • Sold twice: first on 5 March 2020 for AED 430,000, last on 18 September 2023 for AED 400,000 (AED 828 per sqft).
  • Rented since April 2022 on 3 Ejari contracts, from AED 28,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 15.0%, before a service charge of about AED 8,600 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 10 October 2025.

Questions about 406, MAG 520

What did unit 406 last sell for?

AED 400,000 on 18 September 2023: AED 828 per sqft for 483 sqft. The unit has 2 registered sales; the first was AED 430,000 in March 2020.

What is the rent for unit 406?

AED 60,000 a year on the contract signed on 10 October 2025. The previous contract, from April 2023, was AED 28,121; the unit has been rented since April 2022.

How big is unit 406?

483 sqft (44.9 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 406 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 406, MAG 520

Starts from the last sale price (AED 400K, 18 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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