203, MAG 530
Sold prices and rental history: sold once, by the developer in August 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, MAG 530
What is 203 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 476 sqft
- Floor
- 2nd of 6
- Parking
- G-18
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,700 /yr
- Last sold
- AED 456K · August 2018
- Building
- MAG 530
About 203, MAG 530
203 is a studio of 476 sqft on the 2nd floor of MAG 530, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 13 August 2018 for AED 455,555, or AED 956 per sqft, in line with the AED 956 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 40,000 a year: a gross yield of 8.8% on the 2018 price, before the service charge of about AED 7,700 a year.
Sales and rents for 203 over time
203 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in MAG 530, and where 203 sits
All 12 studios →203 last sold in August 2018 at AED 956 per sqft, in line with what studios in MAG 530 were fetching at the time (AED 956). Over the last 12 months studios sold for AED 540,000, around AED 1,133 per sqft, and rent for AED 30,000 to 48,000 a year. 203's AED 40,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Dec 202518 December 2025 | 476 sqft | 540,000 | 1,133 | ||
| 27 Sep 202427 September 2024 | 476 sqft | 455,000 | 955 | ||
| 27 Sep 202327 September 2023 | 476 sqft | 335,000 | 703 | ||
| 4 Jul 20234 July 2023 | 476 sqft | 320,000 | 671 |
MAG 530
Building92 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%
Other units on the 2nd floor
All 92 units in MAG 530| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,036 sqft | AED 821KAED 820,555 · Apr 2018April 2018 | 62,000 /yr | |
| 202 | 1-bed | 666 sqft | AED 578KAED 577,777 · Aug 2018August 2018 | 35,420 /yr | |
| 204 | 1-bed | 638 sqft | AED 541KAED 540,555 · Mar 2017March 2017 | 55,000 /yr | |
| 205 | 2-bed | 1,005 sqft | AED 683KAED 682,531 · Nov 2018November 2018 | ||
| 206 | 1-bed | 666 sqft | AED 537KAED 537,000 · Jul 2017July 2017 | 62,000 /yr | |
| 207 | Studio | 473 sqft | AED 270KAED 270,000 · Mar 2021March 2021 | 44,000 /yr | |
| 208 | 1-bed | 638 sqft | AED 530KAED 530,000 · Mar 2018March 2018 | 60,000 /yr | |
| 209 | 1-bed | 638 sqft | AED 525KAED 525,000 · Oct 2018October 2018 | 30,000 /yr | |
| 210 | 1-bed | 638 sqft | AED 546KAED 546,340 · Sep 2017September 2017 | ||
| 211 | 1-bed | 623 sqft | AED 530KAED 530,000 · Jul 2017July 2017 | 57,000 /yr | |
| 212 | 1-bed | 624 sqft | AED 537KAED 536,810 · Oct 2017October 2017 | 52,000 /yr | |
| 213 | 1-bed | 654 sqft | AED 485KAED 485,000 · Mar 2024March 2024 | 28,000 /yr | |
| 214 | 1-bed | 654 sqft | AED 565KAED 565,000 · Oct 2018October 2018 | 60,000 /yr | |
| 215 | 1-bed | 663 sqft | AED 530KAED 530,000 · Jul 2024July 2024 | 43,659 /yr |
203, MAG 530 in numbers
- Sold once: by MAG on 13 August 2018 for AED 455,555, or AED 956 per sqft.
- Rented since July 2019 on 9 Ejari contracts. The rent fell from AED 23,000 to AED 18,000 in 2022 and recovered to AED 40,000 by August 2026.
- At AED 40,000 a year the gross yield on the 2018 price is 8.8%, before a service charge of about AED 7,700 a year (AED 16.14 per sqft).
- Studios in MAG 530 sold for AED 540,000–540,000 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 August 2026.
Questions about 203, MAG 530
What did unit 203 last sell for?
AED 455,555 on 13 August 2018, sold by the developer: AED 956 per sqft for 476 sqft. It is the only registered sale of the unit.
What is the rent for unit 203?
AED 40,000 a year on the contract renewed on 1 August 2026. The previous contract, from April 2026, was AED 39,000; the unit has been rented since July 2019.
How big is unit 203?
476 sqft (44.2 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.
What is unit 203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 530 sold for AED 540,000 to 540,000 in the last 12 months, around AED 1,133 per sqft.
Selling 203? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 203, MAG 530
Starts from the last sale price (AED 456K, 13 August 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 455,555
- Deposit, UAE resident (20%)
- AED 91,111
- Deposit, non-resident (40%)
- AED 182,222
- Monthly over 25 years at 3.7%
- AED 1,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →