Studio · 410 sqftMAG 520, Dubai South · 4th floor · completed 2020

415, MAG 520

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 415 · DLD and Ejari recordsUpdated 5 March 2025
Last soldAED 330K19 January 2024
Current rentAED 44K /yr5 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 415, MAG 520

What is 415 worth today?

Last sold for AED 330,000 in 2024

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5 Mar 2025RentedNew contract
AED 44,000/yr12 months · AED 107 per sqft
5 Mar 2025RentedNew contract
AED 44,000/yr12 months · AED 107 per sqft
10 May 2024RentedNew contract
AED 42,000/yr12 months · AED 103 per sqft
19 Jan 2024SoldReady
AED 330,000AED 805 per sqft
25 Jun 2021RentedRenewal
AED 18,000/yr12 months · AED 44 per sqft
25 Jun 2020RentedNew contract
AED 20,000/yr12 months · AED 49 per sqft
9 Sep 2019Sold by developerOff-plan
AED 380,000AED 927 per sqft

Source: Dubai Land Department. Updated 5 March 2025.

Key facts

Type
Studio apartment
Size
410 sqft
Floor
4th of 6
Parking
G-84
Developer
MAG
Completed
2020
Service charge
AED 7,300 /yr
Last sold
AED 330K · January 2024
Building
MAG 520

About 415, MAG 520

415 is a studio of 410 sqft on the 4th floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 19 January 2024 for AED 330,000, or AED 805 per sqft, in line with the AED 803 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 5 March 2025, is AED 44,000 a year: a gross yield of 13.3% on the 2024 price, before the service charge of about AED 7,300 a year.

Sales and rents for 415 over time

Sales
Unit 415, each saleTypical studio in MAG 520
300K400K500K2018202120242027Typical sale price by year: 2018 AED 360,000; 2019 AED 365,000; 2021 AED 271,874; 2023 AED 310,000; 2024 AED 390,000; 2026 AED 484,500Sold by developer, September 2019: AED 380,000 (AED 927 per sqft)Sold, January 2024: AED 330,000 (AED 805 per sqft)

415 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 415, each contractTypical studio in MAG 520
20K40K2020202220242026Typical rent by year: 2020 AED 20,000; 2021 AED 18,000; 2022 AED 20,000; 2023 AED 23,000; 2024 AED 34,500; 2025 AED 38,000; 2026 AED 37,000New contract, June 2020: AED 20,000 a yearRenewal, June 2021: AED 18,000 a yearNew contract, May 2024: AED 42,000 a yearNew contract, March 2025: AED 44,000 a yearNew contract, March 2025: AED 44,000 a year

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

Studios in MAG 520, and where 415 sits

All 60 studios →

415 last sold in January 2024 at AED 805 per sqft, in line with what studios in MAG 520 were fetching at the time (AED 803). Over the last 12 months studios sold for AED 450,000 to 530,000, around AED 1,285 per sqft, and rent for AED 26,565 to 45,000 a year. 415's AED 44,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 2026450,000
15 Jul 2026470,000
7 Apr 2026499,000
27 Feb 2026530,000
4 studio 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

415, MAG 520 in numbers

  • Sold twice: first on 9 September 2019 for AED 380,000, last on 19 January 2024 for AED 330,000 (AED 805 per sqft).
  • Rented since June 2020 on 5 Ejari contracts, from AED 20,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2024 price is 13.3%, before a service charge of about AED 7,300 a year (AED 17.72 per sqft).
  • Studios in MAG 520 sold for AED 450,000–530,000 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 5 March 2025.

Questions about 415, MAG 520

What did unit 415 last sell for?

AED 330,000 on 19 January 2024: AED 805 per sqft for 410 sqft. The unit has 2 registered sales; the first was AED 380,000 in September 2019.

What is the rent for unit 415?

AED 44,000 a year on the contract signed on 5 March 2025. The previous contract, from March 2025, was AED 44,000; the unit has been rented since June 2020.

How big is unit 415?

410 sqft (38.1 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.

What is unit 415 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 520 sold for AED 450,000 to 530,000 in the last 12 months, around AED 1,285 per sqft.

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Mortgage on 415, MAG 520

Starts from the last sale price (AED 330K, 19 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 330,000
Deposit, UAE resident (20%)
AED 66,000
Deposit, non-resident (40%)
AED 132,000
Monthly over 25 years at 3.7%
AED 1,350

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