1-bed · 663 sqftMAG 530, Dubai South · 4th floor · completed 2020

415, MAG 530

Sold prices and rental history: sold twice, last in January 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 415 · DLD and Ejari recordsUpdated 12 December 2023
Last soldAED 560K11 January 2018
Current rentAED 34K /yr12 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 415, MAG 530

What is 415 worth today?

Last sold for AED 560,000 in 2018

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12 Dec 2023RentedNew contract
AED 34,000/yr12 months · AED 51 per sqft
11 Dec 2021RentedNew contract
AED 27,000/yr12 months · AED 41 per sqft
25 Jul 2020RentedNew contract
AED 28,000/yr12 months · AED 42 per sqft
1 Jan 2020RentedNew contract
AED 28,000/yr12 months · AED 42 per sqft
11 Jan 2018SoldOff-plan
AED 560,000AED 845 per sqft
29 Aug 2017Sold by developerOff-plan
AED 566,000AED 854 per sqft

Source: Dubai Land Department. Updated 12 December 2023.

Key facts

Type
1-bed apartment
Size
663 sqft
Floor
4th of 6
Parking
G-61
Developer
MAG
Completed
2020
Service charge
AED 10,700 /yr
Last sold
AED 560K · January 2018
Building
MAG 530

About 415, MAG 530

415 is a one-bedroom apartment of 663 sqft on the 4th floor of MAG 530, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 11 January 2018 for AED 560,000, or AED 845 per sqft, in line with the AED 849 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 12 December 2023, is AED 34,000 a year: a gross yield of 6.1% on the 2018 price, before the service charge of about AED 10,700 a year.

Sales and rents for 415 over time

Sales
Unit 415, each saleTypical one-bed in MAG 530
500K600K700K2017202020232026Typical sale price by year: 2017 AED 549,000; 2018 AED 545,555; 2019 AED 536,812; 2023 AED 497,500; 2024 AED 530,000; 2025 AED 670,000Sold by developer, August 2017: AED 566,000 (AED 854 per sqft)Sold, January 2018: AED 560,000 (AED 845 per sqft)

415 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 415, each contractTypical one-bed in MAG 530
40K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 28,000; 2021 AED 26,500; 2022 AED 29,000; 2023 AED 32,000; 2024 AED 40,000; 2025 AED 50,400; 2026 AED 50,000New contract, January 2020: AED 28,000 a yearNew contract, July 2020: AED 28,000 a yearNew contract, December 2021: AED 27,000 a yearNew contract, December 2023: AED 34,000 a year

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 415 sits

All 66 1-beds →

415 last sold in January 2018 at AED 845 per sqft, in line with what one-beds in MAG 530 were fetching at the time (AED 849). 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. 415's AED 34,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Dec 2025745,000
20 Aug 2025690,000
12 Aug 2025730,000
30 May 2025700,000
1 1-bed sale in the last 12 months

MAG 530

Building

92 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%
MAG 530, Dubai South: prices, sales and rents →

Other units on the 4th floor

All 92 units in MAG 530
Value
4012-bedAED 816K · Jul 2017
4021-bedAED 730K · Aug 2025
403StudioAED 404K · Aug 2017
4041-bedAED 516K · Aug 2018
4052-bedAED 1.15M · Jun 2025
4061-bedAED 541K · Mar 2017
407StudioAED 456K · Dec 2016
1–7 of 14

415, MAG 530 in numbers

  • Sold twice: first on 29 August 2017 for AED 566,000, last on 11 January 2018 for AED 560,000 (AED 845 per sqft).
  • Rented since January 2020 on 4 Ejari contracts, from AED 28,000 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2018 price is 6.1%, before a service charge of about AED 10,700 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 12 December 2023.

Questions about 415, MAG 530

What did unit 415 last sell for?

AED 560,000 on 11 January 2018: AED 845 per sqft for 663 sqft. The unit has 2 registered sales; the first was AED 566,000 in August 2017.

What is the rent for unit 415?

AED 34,000 a year on the contract signed on 12 December 2023. The previous contract, from December 2021, was AED 27,000; the unit has been rented since January 2020.

How big is unit 415?

663 sqft (61.6 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 415 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 415, MAG 530

Starts from the last sale price (AED 560K, 11 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 560,000
Deposit, UAE resident (20%)
AED 112,000
Deposit, non-resident (40%)
AED 224,000
Monthly over 25 years at 3.7%
AED 2,291

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →