1-bed · 623 sqftMAG 530, Dubai South · 1st floor · completed 2020

111, MAG 530

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

Unit 111 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 530K10 August 2017
Current rentAED 10K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, MAG 530

What is 111 worth today?

Last sold for AED 530,000 in 2017

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1 May 2024RentedNew contract
AED 10,000/yr12 months · AED 16 per sqft
15 Dec 2020RentedNew contract
AED 41,000/yr12 months · AED 66 per sqft
10 Aug 2017Sold by developerOff-plan
AED 530,000AED 850 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
1-bed apartment
Size
623 sqft
Floor
1st of 6
Parking
G-11
Developer
MAG
Completed
2020
Service charge
AED 10,100 /yr
Last sold
AED 530K · August 2017
Building
MAG 530

About 111, MAG 530

111 is a one-bedroom apartment of 623 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 10 August 2017 for AED 530,000, or AED 850 per sqft, in line with the AED 847 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 May 2024, is AED 10,000 a year: a gross yield of 1.9% on the 2017 price, before the service charge of about AED 10,100 a year.

Sales and rents for 111 over time

Sales
Unit 111, 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, August 2017: AED 530,000 (AED 850 per sqft)

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

Rents
Unit 111, each contractTypical one-bed in MAG 530
20K40K20192021202320252027Typical 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, December 2020: AED 41,000 a yearNew contract, May 2024: AED 10,000 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 530, and where 111 sits

All 66 1-beds →

111 last sold in August 2017 at AED 850 per sqft, in line with what one-beds in MAG 530 were fetching at the time (AED 847). 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. 111's AED 10,000 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
1021-bedAED 576K · May 2017
103StudioAED 456K · Jun 2018
1041-bedAED 541K · Mar 2017
1052-bedNo registered sale
1061-bedAED 566K · May 2017
107StudioAED 440K · Jul 2018
1–7 of 14

111, MAG 530 in numbers

  • Sold once: by MAG on 10 August 2017 for AED 530,000, or AED 850 per sqft.
  • Rented since December 2020 on 2 Ejari contracts, from AED 41,000 to AED 10,000 a year.
  • At AED 10,000 a year the gross yield on the 2017 price is 1.9%, before a service charge of about AED 10,100 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 1 May 2024.

Questions about 111, MAG 530

What did unit 111 last sell for?

AED 530,000 on 10 August 2017, sold by the developer: AED 850 per sqft for 623 sqft. It is the only registered sale of the unit.

What is the rent for unit 111?

AED 10,000 a year on the contract signed on 1 May 2024. The previous contract, from December 2020, was AED 41,000.

How big is unit 111?

623 sqft (57.9 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 111 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 111, MAG 530

Starts from the last sale price (AED 530K, 10 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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