404, 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 404, MAG 530
What is 404 worth today?
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Source: Dubai Land Department. Updated 1 December 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 638 sqft
- Floor
- 4th of 6
- Parking
- G-50
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,300 /yr
- Last sold
- AED 516K · August 2018
- Building
- MAG 530
About 404, MAG 530
404 is a one-bedroom apartment of 638 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 29 August 2018 for AED 515,555, or AED 807 per sqft, 6% below the AED 854 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 December 2023, is AED 42,000 a year: a gross yield of 8.2% on the 2018 price, before the service charge of about AED 10,300 a year.
Sales and rents for 404 over time
404 has sold once; the dashed line is the one-bed median of each year in the building.
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 404 sits
All 66 1-beds →404 last sold in August 2018 at AED 807 per sqft, 6% below what one-beds in MAG 530 were fetching at the time (AED 854). 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. 404's AED 42,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Dec 202529 December 2025 | 638 sqft | 745,000 | 1,166 | ||
| 20 Aug 202520 August 2025 | 663 sqft | 690,000 | 1,041 | ||
| 12 Aug 202512 August 2025 | 666 sqft | 730,000 | 1,096 | ||
| 30 May 202530 May 2025 | 638 sqft | 700,000 | 1,096 |
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 | |
| 403 | Studio | 476 sqft | AED 404KAED 404,397 · Aug 2017August 2017 | 28,200 /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 |
404, MAG 530 in numbers
- Sold once: by MAG on 29 August 2018 for AED 515,555, or AED 807 per sqft.
- Rented since September 2019 on 4 Ejari contracts. The rent fell from AED 32,000 to AED 27,000 in 2020 and recovered to AED 42,000 by December 2023.
- At AED 42,000 a year the gross yield on the 2018 price is 8.2%, before a service charge of about AED 10,300 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 December 2023.
Questions about 404, MAG 530
What did unit 404 last sell for?
AED 515,555 on 29 August 2018, sold by the developer: AED 807 per sqft for 638 sqft. It is the only registered sale of the unit.
What is the rent for unit 404?
AED 42,000 a year on the contract signed on 1 December 2023. The previous contract, from November 2021, was AED 28,000; the unit has been rented since September 2019.
How big is unit 404?
638 sqft (59.3 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.
What is unit 404 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 404, MAG 530
Starts from the last sale price (AED 516K, 29 August 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 515,555
- Deposit, UAE resident (20%)
- AED 103,111
- Deposit, non-resident (40%)
- AED 206,222
- Monthly over 25 years at 3.7%
- AED 2,109
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →