201, MAG 540
Sold prices and rental history: sold twice, last in April 2024, and rented once, from November 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 201, MAG 540
What is 201 worth today?
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Source: Dubai Land Department. Updated 2 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,039 sqft
- Floor
- 2nd of 6
- Parking
- G-15
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 16,300 /yr
- Last sold
- AED 850K · April 2024
- Building
- MAG 540
About 201, MAG 540
201 is a two-bedroom apartment of 1,039 sqft on the 2nd floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 2 April 2024 for AED 850,000, or AED 817 per sqft, 8% above the AED 756 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 23 November 2019. The current contract, signed on 23 November 2019, is AED 75,000 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 16,300 a year.
Sales and rents for 201 over time
201 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 540, and where 201 sits
All 24 2-beds →201 last sold in April 2024 at AED 817 per sqft, 8% above what two-beds in MAG 540 were fetching at the time (AED 756). Over the last 12 months two-beds sold for AED 925,000 to 950,000, around AED 952 per sqft, and rent for AED 53,000 to 150,000 a year. 201's AED 75,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 1,007 sqft | 925,000 | 918 | ||
| 28 Nov 202528 November 2025 | 963 sqft | 950,000 | 986 | ||
| 7 May 20257 May 2025 | 1,004 sqft | 1,150,000 | 1,144 | ||
| 4 Apr 20254 April 2025 | 1,040 sqft | 975,000 | 937 |
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 2nd floor
All 85 units in MAG 540| ValueToday's value | |||||
|---|---|---|---|---|---|
| 202 | 1-bed | 665 sqft | AED 740KAED 740,000 · Sep 2026September 2026 | 55,385 /yr | |
| 203 | Studio | 476 sqft | AED 275KAED 275,000 · Sep 2022September 2022 | 43,500 /yr | |
| 204 | 1-bed | 640 sqft | AED 546KAED 545,957 · Jun 2016June 2016 | 64,000 /yr | |
| 205 | 2-bed | 1,005 sqft | AED 750KAED 750,000 · Aug 2022August 2022 | 60,000 /yr | |
| 206 | 1-bed | 665 sqft | AED 400KAED 400,000 · Jun 2021June 2021 | 57,000 /yr | |
| 207 | Studio | 476 sqft | AED 270KAED 270,000 · Sep 2022September 2022 | 33,072 /yr | |
| 208 | 1-bed | 640 sqft | AED 551KAED 550,957 · Jun 2016June 2016 | 64,000 /yr | |
| 209 | 1-bed | 640 sqft | AED 547KAED 547,000 · Feb 2019February 2019 | 33,600 /yr | |
| 210 | 1-bed | 638 sqft | AED 645KAED 645,000 · Jun 2025June 2025 | 53,000 /yr | |
| 211 | 1-bed | 636 sqft | AED 555KAED 555,395 · May 2016May 2016 | 34,716 /yr | |
| 212 | 1-bed | 638 sqft | AED 610KAED 610,000 · Jun 2024June 2024 | 38,000 /yr | |
| 213 | 2-bed | 963 sqft | AED 950KAED 950,000 · Nov 2025November 2025 | 84,858 /yr | |
| 214 | 2-bed | 963 sqft | AED 780KAED 780,194 · May 2018May 2018 | 70,000 /yr |
201, MAG 540 in numbers
- Sold twice: first on 23 February 2022 for AED 600,000, last on 2 April 2024 for AED 850,000 (AED 817 per sqft).
- Rented since November 2019 on one Ejari contract, at AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2024 price is 8.8%, before a service charge of about AED 16,300 a year (AED 15.65 per sqft).
- Two-beds in MAG 540 sold for AED 925,000–950,000 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 2 April 2024.
Questions about 201, MAG 540
What did unit 201 last sell for?
AED 850,000 on 2 April 2024: AED 817 per sqft for 1,039 sqft. The unit has 2 registered sales; the first was AED 600,000 in February 2022.
What is the rent for unit 201?
AED 75,000 a year on the contract signed on 23 November 2019.
How big is unit 201?
1,039 sqft (96.5 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.
What is unit 201 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 540 sold for AED 925,000 to 950,000 in the last 12 months, around AED 952 per sqft.
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Mortgage on 201, MAG 540
Starts from the last sale price (AED 850K, 2 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →