1-bed · 666 sqftMAG 530, Dubai South · 1st floor · completed 2020

102, MAG 530

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 25 June 2023
Last soldAED 576K21 May 2017
Current rentAED 32K /yr25 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, MAG 530

What is 102 worth today?

Last sold for AED 575,555 in 2017

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25 Jun 2023RentedRenewal
AED 31,500/yr12 months · AED 47 per sqft
25 Jun 2022RentedRenewal
AED 27,500/yr12 months · AED 41 per sqft
25 Jun 2021RentedNew contract
AED 26,000/yr12 months · AED 39 per sqft
1 Mar 2020RentedNew contract
AED 30,000/yr12 months · AED 45 per sqft
21 May 2017Sold by developerOff-plan
AED 575,555AED 864 per sqft

Source: Dubai Land Department. Updated 25 June 2023.

Key facts

Type
1-bed apartment
Size
666 sqft
Floor
1st of 6
Parking
G-02
Developer
MAG
Completed
2020
Service charge
AED 10,700 /yr
Last sold
AED 576K · May 2017
Building
MAG 530

About 102, MAG 530

102 is a one-bedroom apartment of 666 sqft on the 1st floor of MAG 530, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 21 May 2017 for AED 575,555, or AED 864 per sqft, in line with the AED 848 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 25 June 2023, is AED 31,500 a year: a gross yield of 5.5% on the 2017 price, before the service charge of about AED 10,700 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical one-bed in MAG 530
500K600K700K2017202020232026Typical sale price by year: 2017 AED 549,000; 2018 AED 545,555; 2019 AED 536,812; 2023 AED 497,500; 2024 AED 530,000; 2025 AED 670,000Sold by developer, May 2017: AED 575,555 (AED 864 per sqft)

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

Rents
Unit 102, each contractTypical one-bed in MAG 530
40K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 28,000; 2021 AED 26,500; 2022 AED 29,000; 2023 AED 32,000; 2024 AED 40,000; 2025 AED 50,400; 2026 AED 50,000New contract, March 2020: AED 30,000 a yearNew contract, June 2021: AED 26,000 a yearRenewal, June 2022: AED 27,500 a yearRenewal, June 2023: AED 31,500 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 530, and where 102 sits

All 66 1-beds →

102 last sold in May 2017 at AED 864 per sqft, in line with what one-beds in MAG 530 were fetching at the time (AED 848). Over the last 12 months one-beds sold for AED 745,000, around AED 1,166 per sqft, and rent for AED 35,490 to 65,000 a year. 102's AED 31,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Dec 2025745,000
20 Aug 2025690,000
12 Aug 2025730,000
30 May 2025700,000
1 1-bed sale in the last 12 months

MAG 530

Building

92 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 5 sold in the last 12 months.

Typical price per sqft
AED 1,133
Typical sale
AED 795K
Typical rent
AED 50K /yr
Typical yield
7.0%
MAG 530, Dubai South: prices, sales and rents →

Other units on the 1st floor

All 92 units in MAG 530
Value
1012-bedAED 800K · Aug 2024
103StudioAED 456K · Jun 2018
1041-bedAED 541K · Mar 2017
1052-bedNo registered sale
1061-bedAED 566K · May 2017
107StudioAED 440K · Jul 2018
1081-bedAED 529K · Sep 2018
1–7 of 14

102, MAG 530 in numbers

  • Sold once: by MAG on 21 May 2017 for AED 575,555, or AED 864 per sqft.
  • Rented since March 2020 on 4 Ejari contracts. The rent fell from AED 30,000 to AED 26,000 in 2021 and recovered to AED 31,500 by June 2023.
  • At AED 31,500 a year the gross yield on the 2017 price is 5.5%, before a service charge of about AED 10,700 a year (AED 16.14 per sqft).
  • One-beds in MAG 530 sold for AED 745,000–745,000 in the 12 months to November 2026; the building's median across all types is AED 1,133 per sqft.

Source: Dubai Land Department. Updated 25 June 2023.

Questions about 102, MAG 530

What did unit 102 last sell for?

AED 575,555 on 21 May 2017, sold by the developer: AED 864 per sqft for 666 sqft. It is the only registered sale of the unit.

What is the rent for unit 102?

AED 31,500 a year on the contract renewed on 25 June 2023. The previous contract, from June 2022, was AED 27,500; the unit has been rented since March 2020.

How big is unit 102?

666 sqft (61.9 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 530 sold for AED 745,000 to 745,000 in the last 12 months, around AED 1,166 per sqft.

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Mortgage on 102, MAG 530

Starts from the last sale price (AED 576K, 21 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 575,555
Deposit, UAE resident (20%)
AED 115,111
Deposit, non-resident (40%)
AED 230,222
Monthly over 25 years at 3.7%
AED 2,355

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