Studio · 476 sqftMAG 540, Dubai South · 2nd floor · completed 2020

203, MAG 540

Sold prices and rental history: sold twice, last in September 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 203 · DLD and Ejari recordsUpdated 27 January 2026

Last soldAED 275K7 September 2022

Current rentAED 44K /yr27 January 2026

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Today's valuefree after one verification

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Property timeline for 203, MAG 540

Today

What is 203 worth today?

Last sold for AED 275,000 in 2022

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27 Jan 2026

27 Jan 2026RentedRenewal

AED 43,500/yr12 months · AED 91 per sqft

27 Jan 2025

27 Jan 2025RentedRenewal

AED 41,000/yr12 months · AED 86 per sqft

7 Sep 2022

7 Sep 2022SoldReady

AED 275,000AED 577 per sqft

28 Sep 2016

28 Sep 2016Sold by developerOff-plan

AED 385,555AED 809 per sqft

Source: Dubai Land Department. Updated 27 January 2026.

Key facts

Type: Studio apartment
Size: 476 sqft
Floor: 2nd of 6
Parking: G-17
Developer: MAG
Completed: 2020
Service charge: AED 7,500 /yr
Last sold: AED 275K · September 2022
Building: MAG 540

About 203, MAG 540

203 is a studio of 476 sqft on the 2nd floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 7 September 2022 for AED 275,000, or AED 577 per sqft, in line with the AED 567 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 27 January 2026, is AED 43,500 a year: a gross yield of 15.8% on the 2022 price, before the service charge of about AED 7,500 a year.

Sales and rents for 203 over time

Sales

Unit 203, each saleTypical studio in MAG 540

203 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 203, each contractTypical studio in MAG 540

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in MAG 540, and where 203 sits

All 12 studios →

MAG 540 · all types1,150 /sqft

203 last sold in September 2022 at AED 577 per sqft, in line with what studios in MAG 540 were fetching at the time (AED 567). 203's AED 43,500 is in the upper half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
9 Jun 20239 June 2023	476 sqft	300,000	630
18 Apr 202318 April 2023	476 sqft	302,000	634
13 Mar 202313 March 2023	476 sqft	270,000	567
28 Dec 202228 December 2022	476 sqft	275,000	577

0 studio sales in the last 12 months

MAG 540

Building

85 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%

MAG 540, Dubai South: prices, sales and rents →

Other units on the 2nd floor

All 85 units in MAG 540


201	2-bed	1,039 sqft	AED 850KAED 850,000 · Apr 2024April 2024	75,000 /yr
202	1-bed	665 sqft	AED 740KAED 740,000 · Sep 2026September 2026	55,385 /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

1–7 of 13

203, MAG 540 in numbers

Sold twice: first on 28 September 2016 for AED 385,555, last on 7 September 2022 for AED 275,000 (AED 577 per sqft).
Rented since January 2025 on 2 Ejari contracts, from AED 41,000 to AED 43,500 a year.
At AED 43,500 a year the gross yield on the 2022 price is 15.8%, before a service charge of about AED 7,500 a year (AED 15.65 per sqft).

Source: Dubai Land Department. Updated 27 January 2026.

Questions about 203, MAG 540

What did unit 203 last sell for?

AED 275,000 on 7 September 2022: AED 577 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 385,555 in September 2016.

What is the rent for unit 203?

AED 43,500 a year on the contract renewed on 27 January 2026. The previous contract, from January 2025, was AED 41,000.

How big is unit 203?

476 sqft (44.2 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 203, MAG 540

Starts from the last sale price (AED 275K, 7 September 2022). Switch to today's estimate once you have unlocked it.

Price: AED 275,000
Deposit, UAE resident (20%): AED 55,000
Deposit, non-resident (40%): AED 110,000
Monthly over 25 years at 3.7%: AED 1,125

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