401, MAG 530
Sold prices and rental history: sold once, by the developer in July 2017, 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 401, MAG 530
What is 401 worth today?
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Source: Dubai Land Department. Updated 20 November 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,036 sqft
- Floor
- 4th of 6
- Parking
- G-32
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 16,700 /yr
- Last sold
- AED 816K · July 2017
- Building
- MAG 530
About 401, MAG 530
401 is a two-bedroom apartment of 1,036 sqft on the 4th floor of MAG 530, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 31 July 2017 for AED 815,555, or AED 787 per sqft, in line with the AED 806 two-beds 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 November 2025, is AED 74,550 a year: a gross yield of 9.1% on the 2017 price, before the service charge of about AED 16,700 a year.
Sales and rents for 401 over time
401 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in MAG 530, and where 401 sits
All 12 2-beds →401 last sold in July 2017 at AED 787 per sqft, in line with what two-beds in MAG 530 were fetching at the time (AED 806). Over the last 12 months two-beds sold for AED 795,000 to 1,150,000, around AED 1,046 per sqft, and rent for AED 62,000 to 80,000 a year. 401's AED 74,550 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Mar 202610 March 2026 | 1,037 sqft | 1,085,000 | 1,046 | ||
| 5 Jan 20265 January 2026 | 1,008 sqft | 1,150,000 | 1,141 | ||
| 18 Nov 202518 November 2025 | 1,037 sqft | 795,000 | 766 | ||
| 16 Jun 202516 June 2025 | 1,005 sqft | 1,150,000 | 1,144 |
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 4th floor
All 92 units in MAG 530| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 666 sqft | AED 730KAED 730,000 · Aug 2025August 2025 | 60,000 /yr | |
| 403 | Studio | 476 sqft | AED 404KAED 404,397 · Aug 2017August 2017 | 28,200 /yr | |
| 404 | 1-bed | 638 sqft | AED 516KAED 515,555 · Aug 2018August 2018 | 42,000 /yr | |
| 405 | 2-bed | 1,005 sqft | AED 1.15MAED 1,150,000 · Jun 2025June 2025 | 68,500 /yr | |
| 406 | 1-bed | 666 sqft | AED 541KAED 540,555 · Mar 2017March 2017 | 55,000 /yr | |
| 407 | Studio | 473 sqft | AED 456KAED 455,555 · Dec 2016December 2016 | 35,000 /yr | |
| 408 | 1-bed | 638 sqft | AED 575KAED 575,000 · Aug 2024August 2024 | 39,360 /yr | |
| 409 | 1-bed | 638 sqft | AED 413KAED 413,000 · Jun 2024June 2024 | 50,000 /yr | |
| 410 | 1-bed | 638 sqft | AED 625KAED 625,000 · May 2025May 2025 | 49,000 /yr | |
| 411 | 1-bed | 623 sqft | AED 528KAED 527,522 · Aug 2017August 2017 | 30,000 /yr | |
| 412 | 1-bed | 624 sqft | AED 556KAED 555,500 · Jul 2017July 2017 | 52,000 /yr | |
| 413 | 1-bed | 654 sqft | AED 550KAED 550,000 · Aug 2017August 2017 | 29,000 /yr | |
| 414 | 1-bed | 654 sqft | AED 550KAED 550,000 · May 2023May 2023 | 46,000 /yr | |
| 415 | 1-bed | 663 sqft | AED 560KAED 560,000 · Jan 2018January 2018 | 34,000 /yr |
401, MAG 530 in numbers
- Sold once: by MAG on 31 July 2017 for AED 815,555, or AED 787 per sqft.
- Rented since June 2019 on 5 Ejari contracts, from AED 45,000 to AED 74,550 a year.
- At AED 74,550 a year the gross yield on the 2017 price is 9.1%, before a service charge of about AED 16,700 a year (AED 16.14 per sqft).
- Two-beds in MAG 530 sold for AED 795,000–1,150,000 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 20 November 2025.
Questions about 401, MAG 530
What did unit 401 last sell for?
AED 815,555 on 31 July 2017, sold by the developer: AED 787 per sqft for 1,036 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 74,550 a year on the contract renewed on 20 November 2025. The previous contract, from November 2024, was AED 71,000; the unit has been rented since June 2019.
How big is unit 401?
1,036 sqft (96.2 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.
What is unit 401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 530 sold for AED 795,000 to 1,150,000 in the last 12 months, around AED 1,046 per sqft.
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Mortgage on 401, MAG 530
Starts from the last sale price (AED 816K, 31 July 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 815,555
- Deposit, UAE resident (20%)
- AED 163,111
- Deposit, non-resident (40%)
- AED 326,222
- Monthly over 25 years at 3.7%
- AED 3,337
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →