G-02, MAG 530
Sold prices and rental history: sold twice, last in July 2024, 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 G-02, MAG 530
What is G-02 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 23 July 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,531 sqft
- Floor
- Ground of 6
- Parking
- G-76
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 40,800 /yr
- Last sold
- AED 1.3M · July 2024
- Building
- MAG 530
About G-02, MAG 530
G-02 is a three-bedroom apartment of 2,531 sqft on the ground floor of MAG 530, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 23 July 2024 for AED 1,300,000, or AED 513 per sqft.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 10 August 2022, is AED 60,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 40,800 a year.
3-beds in MAG 530, and where G-02 sits
All 2 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jun 202213 June 2022 | 2,531 sqft | 1,300,000 | 513 | ||
| 27 Nov 201827 November 2018 | 2,531 sqft | 1,275,000 | 503 |
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 ground floor
All 92 units in MAG 530| ValueToday's value | |||||
|---|---|---|---|---|---|
| G-01 | 3-bed | 2,531 sqft | AED 1.3MAED 1,300,000 · Jun 2022June 2022 |
G-02, MAG 530 in numbers
- Sold twice: first on 7 January 2018 for AED 1,271,522, last on 23 July 2024 for AED 1,300,000 (AED 513 per sqft).
- Rented since June 2019 on 4 Ejari contracts, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 40,800 a year (AED 16.14 per sqft).
Source: Dubai Land Department. Updated 23 July 2024.
Questions about G-02, MAG 530
What did unit G-02 last sell for?
AED 1,300,000 on 23 July 2024: AED 513 per sqft for 2,531 sqft. The unit has 2 registered sales; the first was AED 1,271,522 in January 2018.
What is the rent for unit G-02?
AED 60,000 a year on the contract renewed on 10 August 2022. The previous contract, from August 2021, was AED 60,000; the unit has been rented since June 2019.
How big is unit G-02?
2,531 sqft (235.1 sqm): a three-bedroom apartment on the ground floor of a 6-storey tower completed in 2020.
What is unit G-02 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling G-02? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on G-02, MAG 530
Starts from the last sale price (AED 1.3M, 23 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →