2-bed · 1,036 sqftMAG 525, Dubai South · 2nd floor · completed 2020

201, MAG 525

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

Unit 201 · DLD and Ejari recordsUpdated 10 September 2020
Last soldAED 691K21 March 2019
Current rentAED 40K /yr10 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, MAG 525

What is 201 worth today?

Last sold for AED 690,882 in 2019

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10 Sep 2020RentedNew contract
AED 40,000/yr12 months · AED 39 per sqft
10 Sep 2019RentedNew contract
AED 40,000/yr12 months · AED 39 per sqft
21 Mar 2019Sold by developerOff-plan
AED 690,882AED 666 per sqft

Source: Dubai Land Department. Updated 10 September 2020.

Key facts

Type
2-bed apartment
Size
1,036 sqft
Floor
2nd of 6
Parking
G-16
Developer
MAG
Completed
2020
Service charge
AED 17,800 /yr
Last sold
AED 691K · March 2019
Building
MAG 525

About 201, MAG 525

201 is a two-bedroom apartment of 1,036 sqft on the 2nd floor of MAG 525, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 21 March 2019 for AED 690,882, or AED 666 per sqft, in line with the AED 680 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 10 September 2020, is AED 40,000 a year: a gross yield of 5.8% on the 2019 price, before the service charge of about AED 17,800 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical two-bed in MAG 525
700K800K201720182019Typical sale price by year: 2017 AED 855,555; 2018 AED 789,441Sold by developer, March 2019: AED 690,882 (AED 666 per sqft)

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

Rents
Unit 201, each contractTypical two-bed in MAG 525
40K60K80K20192021202320252027Typical rent by year: 2019 AED 46,500; 2020 AED 40,000; 2021 AED 40,000; 2023 AED 53,000; 2024 AED 65,176; 2025 AED 75,000; 2026 AED 70,000New contract, September 2019: AED 40,000 a yearNew contract, September 2020: AED 40,000 a year

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

2-beds in MAG 525, and where 201 sits

All 12 2-beds →

201 last sold in March 2019 at AED 666 per sqft, in line with what two-beds in MAG 525 were fetching at the time (AED 680). 201's AED 40,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Aug 20251,025,000
18 Jul 2024825,000
23 May 2024835,000
16 Feb 2023660,000
0 2-bed sales in the last 12 months

MAG 525

Building

92 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 6 sold in the last 12 months.

Typical price per sqft
AED 1,117
Typical sale
AED 735K
Typical rent
AED 52K /yr
Typical yield
7.1%
MAG 525, Dubai South: prices, sales and rents →

Other units on the 2nd floor

All 92 units in MAG 525
Value
2021-bedAED 537K · Jul 2017
203StudioAED 360K · Nov 2023
2041-bedAED 531K · Sep 2020
2052-bedAED 856K · Feb 2017
2061-bedAED 745K · Jan 2026
207StudioAED 411K · Jan 2017
2081-bedAED 526K · Jan 2017
1–7 of 14

201, MAG 525 in numbers

  • Sold once: by MAG on 21 March 2019 for AED 690,882, or AED 666 per sqft.
  • Rented since September 2019 on 2 Ejari contracts, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2019 price is 5.8%, before a service charge of about AED 17,800 a year (AED 17.19 per sqft).

Source: Dubai Land Department. Updated 10 September 2020.

Questions about 201, MAG 525

What did unit 201 last sell for?

AED 690,882 on 21 March 2019, sold by the developer: AED 666 per sqft for 1,036 sqft. It is the only registered sale of the unit.

What is the rent for unit 201?

AED 40,000 a year on the contract signed on 10 September 2020. The previous contract, from September 2019, was AED 40,000.

How big is unit 201?

1,036 sqft (96.2 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 201, MAG 525

Starts from the last sale price (AED 691K, 21 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 690,882
Deposit, UAE resident (20%)
AED 138,176
Deposit, non-resident (40%)
AED 276,353
Monthly over 25 years at 3.7%
AED 2,827

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