104, MAG 540
Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 104, MAG 540
What is 104 worth today?
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Source: Dubai Land Department. Updated 6 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 640 sqft
- Floor
- 1st of 6
- Parking
- G-04
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,000 /yr
- Last sold
- AED 610K · June 2024
- Building
- MAG 540
About 104, MAG 540
104 is a one-bedroom apartment of 640 sqft on the 1st floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 6 June 2024 for AED 610,000, or AED 953 per sqft, 26% above the AED 755 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 10 September 2023, is AED 33,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 10,000 a year.
Sales and rents for 104 over time
104 has sold twice; 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 540, and where 104 sits
All 48 1-beds →104 last sold in June 2024 at AED 953 per sqft, 26% above what one-beds in MAG 540 were fetching at the time (AED 755). Over the last 12 months one-beds sold for AED 740,000 to 800,000, around AED 1,187 per sqft, and rent for AED 15,000 to 77,500 a year. 104's AED 33,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Sep 202625 September 2026 | 665 sqft | 740,000 | 1,112 | ||
| 16 Mar 202616 March 2026 | 640 sqft | 760,000 | 1,187 | ||
| 5 Mar 20265 March 2026 | 665 sqft | 790,000 | 1,187 | ||
| 26 Feb 202626 February 2026 | 665 sqft | 800,000 | 1,202 |
MAG 540
Building85 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 6 sold in the last 12 months.
- Typical price per sqft
- AED 1,150
- Typical sale
- AED 795K
- Typical rent
- AED 58K /yr
- Typical yield
- 7.5%
Other units on the 1st floor
All 85 units in MAG 540| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,039 sqft | No registered sale | 75,000 /yr | |
| 102 | 1-bed | 665 sqft | AED 551KAED 550,957 · Jun 2016June 2016 | 77,333 /yr | |
| 103 | Studio | 476 sqft | AED 270KAED 270,000 · Mar 2023March 2023 | 48,000 /yr | |
| 105 | 2-bed | 1,005 sqft | No registered sale | 75,000 /yr | |
| 106 | 1-bed | 665 sqft | AED 790KAED 790,000 · Mar 2026March 2026 | 55,000 /yr | |
| 107 | Studio | 476 sqft | AED 381KAED 380,555 · Jul 2016July 2016 | 34,000 /yr | |
| 108 | 1-bed | 640 sqft | AED 546KAED 545,957 · Jun 2016June 2016 | 15,000 /yr | |
| 109 | 1-bed | 640 sqft | AED 549KAED 549,000 · May 2016May 2016 | 42,000 /yr | |
| 110 | 1-bed | 638 sqft | AED 549KAED 549,000 · Jun 2016June 2016 | 76,000 /yr | |
| 111 | 1-bed | 636 sqft | AED 549KAED 549,000 · May 2016May 2016 | 30,000 /yr | |
| 112 | 1-bed | 638 sqft | AED 685KAED 685,000 · Jun 2025June 2025 | 60,000 /yr | |
| 113 | 2-bed | 963 sqft | AED 694KAED 694,000 · Jun 2018June 2018 | ||
| 114 | 2-bed | 963 sqft | No registered sale | 75,000 /yr |
104, MAG 540 in numbers
- Sold twice: first on 7 June 2016 for AED 545,957, last on 6 June 2024 for AED 610,000 (AED 953 per sqft).
- Rented since March 2020 on 4 Ejari contracts, from AED 35,000 to AED 33,000 a year.
- At AED 33,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 10,000 a year (AED 15.65 per sqft).
- One-beds in MAG 540 sold for AED 740,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 1,150 per sqft.
Source: Dubai Land Department. Updated 6 June 2024.
Questions about 104, MAG 540
What did unit 104 last sell for?
AED 610,000 on 6 June 2024: AED 953 per sqft for 640 sqft. The unit has 2 registered sales; the first was AED 545,957 in June 2016.
What is the rent for unit 104?
AED 33,000 a year on the contract renewed on 10 September 2023. The previous contract, from September 2022, was AED 37,000; the unit has been rented since March 2020.
How big is unit 104?
640 sqft (59.5 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.
What is unit 104 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 540 sold for AED 740,000 to 800,000 in the last 12 months, around AED 1,187 per sqft.
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Mortgage on 104, MAG 540
Starts from the last sale price (AED 610K, 6 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 610,000
- Deposit, UAE resident (20%)
- AED 122,000
- Deposit, non-resident (40%)
- AED 244,000
- Monthly over 25 years at 3.7%
- AED 2,496
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →