Studio · 360 sqftMAG 520, Dubai South · 4th floor · completed 2020

421, MAG 520

Sold prices and rental history: sold twice, last in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 421 · DLD and Ejari recordsUpdated 5 June 2023
Last soldAED 310K5 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 421, MAG 520

What is 421 worth today?

Last sold for AED 310,000 in 2023

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5 Jun 2023SoldReady
AED 310,000AED 860 per sqft
9 Dec 2018Sold by developerOff-plan
AED 360,000AED 999 per sqft

Source: Dubai Land Department. Updated 5 June 2023.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
4th of 6
Parking
G-90
Developer
MAG
Completed
2020
Service charge
AED 6,400 /yr
Last sold
AED 310K · June 2023
Building
MAG 520

About 421, MAG 520

421 is a studio of 360 sqft on the 4th floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 5 June 2023 for AED 310,000, or AED 860 per sqft, 8% above the AED 799 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 421 over time

Sales
Unit 421, 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, December 2018: AED 360,000 (AED 999 per sqft)Sold, June 2023: AED 310,000 (AED 860 per sqft)

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

Rents
Unit 421, each contractTypical studio in MAG 520
20K30K40K2020202220242026Typical 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 37,000

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 421 sits

All 60 studios →

421 last sold in June 2023 at AED 860 per sqft, 8% above what studios in MAG 520 were fetching at the time (AED 799). 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.

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

421, MAG 520 in numbers

  • Sold twice: first on 9 December 2018 for AED 360,000, last on 5 June 2023 for AED 310,000 (AED 860 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 June 2023.

Questions about 421, MAG 520

What did unit 421 last sell for?

AED 310,000 on 5 June 2023: AED 860 per sqft for 360 sqft. The unit has 2 registered sales; the first was AED 360,000 in December 2018.

How big is unit 421?

360 sqft (33.4 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.

What is unit 421 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 421, MAG 520

Starts from the last sale price (AED 310K, 5 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 310,000
Deposit, UAE resident (20%)
AED 62,000
Deposit, non-resident (40%)
AED 124,000
Monthly over 25 years at 3.7%
AED 1,268

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