Home
Dubai prices
About
Research
1-bed · 478 sqftMAG 520, Dubai South · 4th floor · completed 2020

409, MAG 520

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

Unit 409 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 420K23 September 2019
Current rentAED 40K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 409

Property timeline for 409, MAG 520

What is 409 worth today?

Last sold for AED 420,000 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 Jul 2026RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft
1 Jul 2023RentedNew contract
AED 34,000/yr12 months · AED 71 per sqft
15 Jun 2022RentedNew contract
AED 26,000/yr12 months · AED 55 per sqft
31 Dec 2020RentedNew contract
AED 23,000/yr12 months · AED 49 per sqft
23 Sep 2019Sold by developerOff-plan
AED 420,000AED 878 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
4th of 6
Parking
G-78
Developer
MAG
Completed
2020
Service charge
AED 8,500 /yr
Last sold
AED 420K · September 2019
Building
MAG 520

About 409, MAG 520

409 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. The developer sold it on 23 September 2019 for AED 420,000, or AED 878 per sqft, 4% above the AED 848 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 July 2026, is AED 40,000 a year: a gross yield of 9.5% on the 2019 price, before the service charge of about AED 8,500 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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)

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

Rents
Unit 409, each contractTypical one-bed in MAG 520
20K40K201920222025Typical 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, December 2020: AED 23,000 a yearNew contract, June 2022: AED 26,000 a yearNew contract, July 2023: AED 34,000 a yearNew contract, July 2026: AED 40,000 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 409 sits

All 60 1-beds →

409 last sold in September 2019 at AED 878 per sqft, 4% above what one-beds in MAG 520 were fetching at the time (AED 848). 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. 409's AED 40,000 is in the lower 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
4041-bedAED 325K · Oct 2021
4052-bedAED 497K · May 2019
4061-bedAED 400K · Sep 2023
407StudioAED 380K · Sep 2019
1–7 of 20

409, MAG 520 in numbers

  • Sold once: by MAG on 23 September 2019 for AED 420,000, or AED 878 per sqft.
  • Rented since December 2020 on 4 Ejari contracts, from AED 23,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2019 price is 9.5%, 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 July 2026.

Questions about 409, MAG 520

What did unit 409 last sell for?

AED 420,000 on 23 September 2019, sold by the developer: AED 878 per sqft for 478 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 40,000 a year on the contract signed on 1 July 2026. The previous contract, from July 2023, was AED 34,000; the unit has been rented since December 2020.

How big is unit 409?

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

What is unit 409 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.

Selling 409? 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 409, MAG 520

Starts from the last sale price (AED 420K, 23 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

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