1-bed · 638 sqftMAG 525, Dubai South · 4th floor · completed 2020

409, MAG 525

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

Unit 409 · DLD and Ejari recordsUpdated 11 December 2024
Last soldAED 554K1 October 2019
Current rentAED 51K /yr11 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, MAG 525

What is 409 worth today?

Last sold for AED 553,500 in 2019

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11 Dec 2024RentedRenewal
AED 51,000/yr12 months · AED 80 per sqft
11 Dec 2023RentedRenewal
AED 51,000/yr12 months · AED 80 per sqft
11 Dec 2022RentedRenewal
AED 51,000/yr12 months · AED 80 per sqft
11 Dec 2021RentedRenewal
AED 51,000/yr12 months · AED 80 per sqft
11 Dec 2020RentedRenewal
AED 51,000/yr12 months · AED 80 per sqft
11 Dec 2019RentedNew contract
AED 51,000/yr12 months · AED 80 per sqft
1 Oct 2019Sold by developerOff-plan
AED 553,500AED 867 per sqft

Source: Dubai Land Department. Updated 11 December 2024.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
4th of 6
Parking
G-54
Developer
MAG
Completed
2020
Service charge
AED 11,000 /yr
Last sold
AED 554K · October 2019
Building
MAG 525

About 409, MAG 525

409 is a one-bedroom apartment of 638 sqft on the 4th floor of MAG 525, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 1 October 2019 for AED 553,500, or AED 867 per sqft, in line with the AED 863 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 11 December 2024, is AED 51,000 a year: a gross yield of 9.2% on the 2019 price, before the service charge of about AED 11,000 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in MAG 525
400K600K2017202020232026Typical sale price by year: 2017 AED 545,028; 2018 AED 551,308; 2019 AED 552,028; 2022 AED 410,000; 2024 AED 590,000; 2025 AED 680,000; 2026 AED 730,000Sold by developer, October 2019: AED 553,500 (AED 867 per sqft)

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

Rents
Unit 409, each contractTypical one-bed in MAG 525
40K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 28,000; 2021 AED 26,000; 2022 AED 28,000; 2023 AED 32,000; 2024 AED 42,250; 2025 AED 52,000; 2026 AED 52,000New contract, December 2019: AED 51,000 a yearRenewal, December 2020: AED 51,000 a yearRenewal, December 2021: AED 51,000 a yearRenewal, December 2022: AED 51,000 a yearRenewal, December 2023: AED 51,000 a yearRenewal, December 2024: AED 51,000 a year

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

1-beds in MAG 525, and where 409 sits

All 66 1-beds →

409 last sold in October 2019 at AED 867 per sqft, in line with what one-beds in MAG 525 were fetching at the time (AED 863). Over the last 12 months one-beds sold for AED 699,999 to 775,000, around AED 1,117 per sqft, and rent for AED 34,000 to 62,000 a year. 409's AED 51,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Oct 2026740,000
26 Jun 2026730,000
12 May 2026710,000
9 Mar 2026699,999
6 1-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 4th floor

All 92 units in MAG 525
Value
4012-bedAED 739K · Oct 2018
4021-bedAED 546K · Jan 2017
403StudioAED 425K · Jul 2024
4041-bedAED 541K · Aug 2017
4052-bedAED 835K · May 2024
4061-bedAED 546K · Jan 2017
407StudioAED 275K · Aug 2022
1–7 of 14

409, MAG 525 in numbers

  • Sold once: by MAG on 1 October 2019 for AED 553,500, or AED 867 per sqft.
  • Rented since December 2019 on 6 Ejari contracts, at AED 51,000 a year.
  • At AED 51,000 a year the gross yield on the 2019 price is 9.2%, before a service charge of about AED 11,000 a year (AED 17.19 per sqft).
  • One-beds in MAG 525 sold for AED 699,999–775,000 in the 12 months to November 2026; the building's median across all types is AED 1,117 per sqft.

Source: Dubai Land Department. Updated 11 December 2024.

Questions about 409, MAG 525

What did unit 409 last sell for?

AED 553,500 on 1 October 2019, sold by the developer: AED 867 per sqft for 638 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 51,000 a year on the contract renewed on 11 December 2024. The previous contract, from December 2023, was AED 51,000; the unit has been rented since December 2019.

How big is unit 409?

638 sqft (59.3 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 525 sold for AED 699,999 to 775,000 in the last 12 months, around AED 1,117 per sqft.

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Mortgage on 409, MAG 525

Starts from the last sale price (AED 554K, 1 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 553,500
Deposit, UAE resident (20%)
AED 110,700
Deposit, non-resident (40%)
AED 221,400
Monthly over 25 years at 3.7%
AED 2,265

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