204, MAG 540
Sold prices and rental history: sold once, by the developer in June 2016, 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 204, MAG 540
What is 204 worth today?
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Source: Dubai Land Department. Updated 20 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 640 sqft
- Floor
- 2nd of 6
- Parking
- G-18
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,000 /yr
- Last sold
- AED 546K · June 2016
- Building
- MAG 540
About 204, MAG 540
204 is a one-bedroom apartment of 640 sqft on the 2nd floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 7 June 2016 for AED 545,957, or AED 853 per sqft, in line with the AED 857 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 20 February 2026, is AED 64,000 a year: a gross yield of 11.7% on the 2016 price, before the service charge of about AED 10,000 a year.
Sales and rents for 204 over time
204 has sold once; 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 204 sits
All 48 1-beds →204 last sold in June 2016 at AED 853 per sqft, in line with what one-beds in MAG 540 were fetching at the time (AED 857). 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. 204's AED 64,000 is in the upper 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 2nd floor
All 85 units in MAG 540| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 203 | Studio | 476 sqft | AED 275KAED 275,000 · Sep 2022September 2022 | 43,500 /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 |
204, MAG 540 in numbers
- Sold once: by MAG on 7 June 2016 for AED 545,957, or AED 853 per sqft.
- Rented since July 2020 on 8 Ejari contracts, from AED 29,000 to AED 64,000 a year.
- At AED 64,000 a year the gross yield on the 2016 price is 11.7%, 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 20 February 2026.
Questions about 204, MAG 540
What did unit 204 last sell for?
AED 545,957 on 7 June 2016, sold by the developer: AED 853 per sqft for 640 sqft. It is the only registered sale of the unit.
What is the rent for unit 204?
AED 64,000 a year on the contract renewed on 20 February 2026. The previous contract, from February 2025, was AED 64,000; the unit has been rented since July 2020.
How big is unit 204?
640 sqft (59.5 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.
What is unit 204 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 204, MAG 540
Starts from the last sale price (AED 546K, 7 June 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 545,957
- Deposit, UAE resident (20%)
- AED 109,191
- Deposit, non-resident (40%)
- AED 218,383
- Monthly over 25 years at 3.7%
- AED 2,234
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →