405, MAG 530
Sold prices and rental history: sold twice, last in June 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, MAG 530
What is 405 worth today?
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Source: Dubai Land Department. Updated 16 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,005 sqft
- Floor
- 4th of 6
- Parking
- G-51
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 16,200 /yr
- Last sold
- AED 1.15M · June 2025
- Building
- MAG 530
About 405, MAG 530
405 is a two-bedroom apartment of 1,005 sqft on the 4th floor of MAG 530, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 16 June 2025 for AED 1,150,000, or AED 1,144 per sqft, 25% above the AED 918 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 15 March 2024, is AED 68,500 a year: a gross yield of 6.0% on the 2025 price, before the service charge of about AED 16,200 a year.
Sales and rents for 405 over time
405 has sold twice; 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 405 sits
All 12 2-beds →405 last sold in June 2025 at AED 1,144 per sqft, 25% above what two-beds in MAG 530 were fetching at the time (AED 918). 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. 405's AED 68,500 is in the lower 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 | ||
| 13 Jun 202513 June 2025 | 1,008 sqft | 850,000 | 843 |
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 | |
| 404 | 1-bed | 638 sqft | AED 516KAED 515,555 · Aug 2018August 2018 | 42,000 /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 |
405, MAG 530 in numbers
- Sold twice: first on 12 May 2019 for AED 770,000, last on 16 June 2025 for AED 1,150,000 (AED 1,144 per sqft).
- Rented since February 2021 on 4 Ejari contracts, from AED 43,000 to AED 68,500 a year.
- At AED 68,500 a year the gross yield on the 2025 price is 6.0%, before a service charge of about AED 16,200 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 16 June 2025.
Questions about 405, MAG 530
What did unit 405 last sell for?
AED 1,150,000 on 16 June 2025: AED 1,144 per sqft for 1,005 sqft. The unit has 2 registered sales; the first was AED 770,000 in May 2019.
What is the rent for unit 405?
AED 68,500 a year on the contract signed on 15 March 2024. The previous contract, from December 2022, was AED 48,000; the unit has been rented since February 2021.
How big is unit 405?
1,005 sqft (93.4 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.
What is unit 405 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 405, MAG 530
Starts from the last sale price (AED 1.15M, 16 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →