1-bed · 665 sqftMAG 540, Dubai South · 2nd floor · completed 2020

206, MAG 540

Sold prices and rental history: sold twice, last in June 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 400K13 June 2021
Current rentAED 57K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, MAG 540

What is 206 worth today?

Last sold for AED 400,000 in 2021

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1 Sep 2026RentedRenewal
AED 57,000/yr12 months · AED 86 per sqft
1 Sep 2025RentedNew contract
AED 57,000/yr12 months · AED 86 per sqft
10 Jul 2024RentedRenewal
AED 55,000/yr12 months · AED 83 per sqft
10 Jul 2023RentedRenewal
AED 35,000/yr12 months · AED 53 per sqft
10 Jul 2022RentedRenewal
AED 30,000/yr12 months · AED 45 per sqft
10 Jul 2021RentedNew contract
AED 30,000/yr12 months · AED 45 per sqft
13 Jun 2021SoldReady
AED 400,000AED 601 per sqft
21 Apr 2016Sold by developerOff-plan
AED 500,000AED 763 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
1-bed apartment
Size
665 sqft
Floor
2nd of 6
Parking
G-20
Developer
MAG
Completed
2020
Service charge
AED 10,400 /yr
Last sold
AED 400K · June 2021
Building
MAG 540

About 206, MAG 540

206 is a one-bedroom apartment of 665 sqft on the 2nd floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 13 June 2021 for AED 400,000, or AED 601 per sqft.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 57,000 a year: a gross yield of 14.2% on the 2021 price, before the service charge of about AED 10,400 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical one-bed in MAG 540
400K600K800K2016201920222025Typical sale price by year: 2016 AED 549,000; 2022 AED 423,742; 2023 AED 445,000; 2024 AED 600,000; 2025 AED 685,000; 2026 AED 775,000Sold by developer, April 2016: AED 500,000 (AED 763 per sqft)Sold, June 2021: AED 400,000 (AED 601 per sqft)

206 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 206, each contractTypical one-bed in MAG 540
40K60K201920222025Typical rent by year: 2019 AED 30,000; 2020 AED 33,000; 2021 AED 30,000; 2022 AED 35,000; 2023 AED 38,000; 2024 AED 44,000; 2025 AED 57,571; 2026 AED 58,000New contract, July 2021: AED 30,000 a yearRenewal, July 2022: AED 30,000 a yearRenewal, July 2023: AED 35,000 a yearRenewal, July 2024: AED 55,000 a yearNew contract, September 2025: AED 57,000 a yearRenewal, September 2026: AED 57,000 a year

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 206 sits

All 48 1-beds →

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. 206's AED 57,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Sep 2026740,000
16 Mar 2026760,000
5 Mar 2026790,000
26 Feb 2026800,000
4 1-bed 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
Value
2012-bedAED 850K · Apr 2024
2021-bedAED 740K · Sep 2026
203StudioAED 275K · Sep 2022
2041-bedAED 546K · Jun 2016
2052-bedAED 750K · Aug 2022
207StudioAED 270K · Sep 2022
2081-bedAED 551K · Jun 2016
1–7 of 13

206, MAG 540 in numbers

  • Sold twice: first on 21 April 2016 for AED 500,000, last on 13 June 2021 for AED 400,000 (AED 601 per sqft).
  • Rented since July 2021 on 6 Ejari contracts, from AED 30,000 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2021 price is 14.2%, before a service charge of about AED 10,400 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 1 September 2026.

Questions about 206, MAG 540

What did unit 206 last sell for?

AED 400,000 on 13 June 2021: AED 601 per sqft for 665 sqft. The unit has 2 registered sales; the first was AED 500,000 in April 2016.

What is the rent for unit 206?

AED 57,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 57,000; the unit has been rented since July 2021.

How big is unit 206?

665 sqft (61.8 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 206 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 206, MAG 540

Starts from the last sale price (AED 400K, 13 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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