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1-bed · 638 sqftMAG 520, Dubai South · 4th floor · completed 2020

414, MAG 520

Sold prices and rental history: sold twice, last in December 2023, and rented once, from January 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 414 · DLD and Ejari recordsUpdated 1 January 2024
Last soldAED 460K20 December 2023
Current rentAED 42K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 414, MAG 520

What is 414 worth today?

Last sold for AED 460,000 in 2023

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1 Jan 2024RentedNew contract
AED 42,000/yr12 months · AED 66 per sqft
20 Dec 2023SoldReady
AED 460,000AED 721 per sqft
24 Sep 2019Sold by developerOff-plan
AED 480,000AED 752 per sqft

Source: Dubai Land Department. Updated 1 January 2024.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
4th of 6
Parking
G-83
Developer
MAG
Completed
2020
Service charge
AED 11,300 /yr
Last sold
AED 460K · December 2023
Building
MAG 520

About 414, MAG 520

414 is a one-bedroom apartment of 638 sqft on the 4th floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 20 December 2023 for AED 460,000, or AED 721 per sqft, in line with the AED 718 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2024. The current contract, signed on 1 January 2024, is AED 42,000 a year: a gross yield of 9.1% on the 2023 price, before the service charge of about AED 11,300 a year.

Sales and rents for 414 over time

Sales
Unit 414, 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 480,000 (AED 752 per sqft)Sold, December 2023: AED 460,000 (AED 721 per sqft)

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

Rents
Unit 414, each contractTypical one-bed in MAG 520
20K40K20192021202320252027Typical 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, January 2024: AED 42,000 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 414 sits

All 60 1-beds →

414 last sold in December 2023 at AED 721 per sqft, in line with what one-beds in MAG 520 were fetching at the time (AED 718). 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. 414's AED 42,000 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

414, MAG 520 in numbers

  • Sold twice: first on 24 September 2019 for AED 480,000, last on 20 December 2023 for AED 460,000 (AED 721 per sqft).
  • Rented since January 2024 on one Ejari contract, at AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2023 price is 9.1%, before a service charge of about AED 11,300 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 January 2024.

Questions about 414, MAG 520

What did unit 414 last sell for?

AED 460,000 on 20 December 2023: AED 721 per sqft for 638 sqft. The unit has 2 registered sales; the first was AED 480,000 in September 2019.

What is the rent for unit 414?

AED 42,000 a year on the contract signed on 1 January 2024.

How big is unit 414?

638 sqft (59.3 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 414 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 414, MAG 520

Starts from the last sale price (AED 460K, 20 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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