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Studio · 360 sqftMAG 520, Dubai South · 5th floor · completed 2020

522, MAG 520

Sold prices and rental history: sold 3 times, last in November 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 522 · DLD and Ejari recordsUpdated 21 November 2021
Last soldAED 260K21 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 522, MAG 520

What is 522 worth today?

Last sold for AED 260,000 in 2021

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21 Nov 2021SoldReady
AED 260,000AED 722 per sqft
6 Jan 2021SoldReady
AED 205,000AED 569 per sqft
20 May 2019Sold by developerOff-plan
AED 357,000AED 991 per sqft

Source: Dubai Land Department. Updated 21 November 2021.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
5th of 6
Parking
G-113
Developer
MAG
Completed
2020
Service charge
AED 6,400 /yr
Last sold
AED 260K · November 2021
Building
MAG 520

About 522, MAG 520

522 is a studio of 360 sqft on the 5th floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 21 November 2021 for AED 260,000, or AED 722 per sqft, 9% above the AED 663 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 522 over time

Sales
Unit 522, each saleTypical studio in MAG 520
200K400K2018202120242027Typical 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, May 2019: AED 357,000 (AED 991 per sqft)Sold, January 2021: AED 205,000 (AED 569 per sqft)Sold, November 2021: AED 260,000 (AED 722 per sqft)

522 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 522, 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 522 sits

All 60 studios →

522 last sold in November 2021 at AED 722 per sqft, 9% above what studios in MAG 520 were fetching at the time (AED 663). 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 5th floor

All 131 units in MAG 520
Value
5011-bedAED 550K · Jan 2024
502StudioAED 357K · Mar 2019
503StudioAED 350K · Mar 2019
5041-bedAED 420K · Sep 2019
5052-bedAED 497K · Jul 2019
5061-bedAED 473K · Sep 2019
507StudioAED 357K · Jul 2019
1–7 of 21

522, MAG 520 in numbers

  • Sold 3 times: first on 20 May 2019 for AED 357,000, last on 21 November 2021 for AED 260,000 (AED 722 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 21 November 2021.

Questions about 522, MAG 520

What did unit 522 last sell for?

AED 260,000 on 21 November 2021: AED 722 per sqft for 360 sqft. The unit has 3 registered sales; the first was AED 357,000 in May 2019.

How big is unit 522?

360 sqft (33.4 sqm): a studio on the 5th floor of a 6-storey tower completed in 2020.

What is unit 522 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 522, MAG 520

Starts from the last sale price (AED 260K, 21 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 260,000
Deposit, UAE resident (20%)
AED 52,000
Deposit, non-resident (40%)
AED 104,000
Monthly over 25 years at 3.7%
AED 1,064

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