403, MAG 530
Sold prices and rental history: sold once, by the developer in August 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 403, MAG 530
What is 403 worth today?
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Source: Dubai Land Department. Updated 23 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 476 sqft
- Floor
- 4th of 6
- Parking
- G-49
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,700 /yr
- Last sold
- AED 404K · August 2017
- Building
- MAG 530
About 403, MAG 530
403 is a studio of 476 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 3 August 2017 for AED 404,397, or AED 849 per sqft, in line with the AED 849 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 23 October 2025, is AED 28,200 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 7,700 a year.
Sales and rents for 403 over time
403 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 403 sits
All 12 studios →403 last sold in August 2017 at AED 849 per sqft, in line with what studios in MAG 530 were fetching at the time (AED 849). 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. 403's AED 28,200 is at the bottom 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 4th floor
All 92 units in MAG 530| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,036 sqft | AED 816KAED 815,555 · Jul 2017July 2017 | 74,550 /yr | |
| 402 | 1-bed | 666 sqft | AED 730KAED 730,000 · Aug 2025August 2025 | 60,000 /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 |
403, MAG 530 in numbers
- Sold once: by MAG on 3 August 2017 for AED 404,397, or AED 849 per sqft.
- Rented since September 2019 on 7 Ejari contracts. The rent fell from AED 25,000 to AED 17,000 in 2021 and recovered to AED 28,200 by October 2025.
- At AED 28,200 a year the gross yield on the 2017 price is 7.0%, 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 23 October 2025.
Questions about 403, MAG 530
What did unit 403 last sell for?
AED 404,397 on 3 August 2017, sold by the developer: AED 849 per sqft for 476 sqft. It is the only registered sale of the unit.
What is the rent for unit 403?
AED 28,200 a year on the contract renewed on 23 October 2025. The previous contract, from October 2024, was AED 23,562; the unit has been rented since September 2019.
How big is unit 403?
476 sqft (44.2 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.
What is unit 403 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.
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Mortgage on 403, MAG 530
Starts from the last sale price (AED 404K, 3 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 404,397
- Deposit, UAE resident (20%)
- AED 80,879
- Deposit, non-resident (40%)
- AED 161,759
- Monthly over 25 years at 3.7%
- AED 1,655
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →