Studio · 476 sqftMAG 525, Dubai South · 4th floor · completed 2020

403, MAG 525

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 403 · DLD and Ejari recordsUpdated 22 July 2024

Last soldAED 425K22 July 2024

Current rentAED 23K /yr20 September 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 403, MAG 525

Today

What is 403 worth today?

Last sold for AED 424,999 in 2024

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22 Jul 2024

22 Jul 2024SoldReady

AED 424,999AED 892 per sqft

20 Sep 2023

20 Sep 2023RentedRenewal

AED 23,100/yr12 months · AED 49 per sqft

20 Sep 2022

20 Sep 2022RentedNew contract

AED 21,000/yr12 months · AED 44 per sqft

20 Sep 2021

20 Sep 2021RentedRenewal

AED 21,000/yr12 months · AED 44 per sqft

20 Sep 2020

20 Sep 2020RentedRenewal

AED 24,000/yr12 months · AED 51 per sqft

20 Sep 2019

20 Sep 2019RentedNew contract

AED 24,000/yr12 months · AED 51 per sqft

5 Jan 2017

5 Jan 2017Sold by developerOff-plan

AED 410,555AED 862 per sqft

Source: Dubai Land Department. Updated 22 July 2024.

Key facts

Type: Studio apartment
Size: 476 sqft
Floor: 4th of 6
Parking: G-48
Developer: MAG
Completed: 2020
Service charge: AED 8,200 /yr
Last sold: AED 425K · July 2024
Building: MAG 525

About 403, MAG 525

403 is a studio of 476 sqft on the 4th floor of MAG 525, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 22 July 2024 for AED 424,999, or AED 892 per sqft, 18% above the AED 755 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 20 September 2023, is AED 23,100 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 8,200 a year.

Sales and rents for 403 over time

Rents

Unit 403, each contractTypical studio in MAG 525

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

Studios in MAG 525, and where 403 sits

All 12 studios →

MAG 525 · all types1,117 /sqft

403 last sold in July 2024 at AED 892 per sqft, 18% above what studios in MAG 525 were fetching at the time (AED 755). 403's AED 23,100 is at the bottom of that range.

Recent studio sales	Size	Price (AED)	Per sqft
6 Nov 20256 November 2025	476 sqft	470,000	986
10 Jan 202410 January 2024	473 sqft	320,000	675
27 Nov 202327 November 2023	476 sqft	360,000	755
8 Aug 20228 August 2022	473 sqft	275,000	580

0 studio 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 4th floor

All 92 units in MAG 525


401	2-bed	1,036 sqft	AED 739KAED 739,189 · Oct 2018October 2018	66,150 /yr
402	1-bed	666 sqft	AED 546KAED 545,555 · Jan 2017January 2017	57,000 /yr
404	1-bed	641 sqft	AED 541KAED 540,555 · Aug 2017August 2017	60,000 /yr
405	2-bed	1,005 sqft	AED 835KAED 835,000 · May 2024May 2024	6,768,750 /yr
406	1-bed	666 sqft	AED 546KAED 545,555 · Jan 2017January 2017	30,000 /yr
407	Studio	473 sqft	AED 275KAED 275,000 · Aug 2022August 2022	32,005 /yr
408	1-bed	641 sqft	AED 382KAED 382,000 · Aug 2022August 2022	40,656 /yr
409	1-bed	638 sqft	AED 554KAED 553,500 · Oct 2019October 2019	51,000 /yr
410	1-bed	638 sqft	AED 590KAED 590,000 · Dec 2024December 2024	24,000 /yr
411	1-bed	623 sqft	AED 545KAED 544,500 · Oct 2017October 2017	52,000 /yr
412	1-bed	624 sqft	AED 100KAED 100,000 · Jan 2018January 2018	50,000 /yr
413	1-bed	654 sqft	AED 556KAED 555,555 · May 2017May 2017	50,000 /yr
414	1-bed	654 sqft	AED 539KAED 538,888 · Aug 2017August 2017	55,000 /yr
415	1-bed	663 sqft	AED 710KAED 710,000 · May 2026May 2026	45,000 /yr

1–7 of 14

403, MAG 525 in numbers

Sold twice: first on 5 January 2017 for AED 410,555, last on 22 July 2024 for AED 424,999 (AED 892 per sqft).
Rented since September 2019 on 5 Ejari contracts, from AED 24,000 to AED 23,100 a year.
At AED 23,100 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 8,200 a year (AED 17.19 per sqft).

Source: Dubai Land Department. Updated 22 July 2024.

Questions about 403, MAG 525

What did unit 403 last sell for?

AED 424,999 on 22 July 2024: AED 892 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 410,555 in January 2017.

What is the rent for unit 403?

AED 23,100 a year on the contract renewed on 20 September 2023. The previous contract, from September 2022, was AED 21,000; the unit has been rented since September 2019.

How big is unit 403?

476 sqft (44.2 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.

What is unit 403 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 403, MAG 525

Starts from the last sale price (AED 425K, 22 July 2024). Switch to today's estimate once you have unlocked it.

Price: AED 424,999
Deposit, UAE resident (20%): AED 85,000
Deposit, non-resident (40%): AED 170,000
Monthly over 25 years at 3.7%: AED 1,739

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