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

207, MAG 540

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 28 May 2026
Last soldAED 270K6 September 2022
Current rentAED 33K /yr28 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, MAG 540

What is 207 worth today?

Last sold for AED 270,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 May 2026RentedRenewal
AED 33,072/yr12 months · AED 70 per sqft
28 May 2025RentedRenewal
AED 31,500/yr12 months · AED 67 per sqft
28 May 2024RentedRenewal
AED 31,500/yr12 months · AED 67 per sqft
28 May 2023RentedNew contract
AED 30,000/yr12 months · AED 63 per sqft
6 Sep 2022SoldReady
AED 270,000AED 567 per sqft
28 Sep 2016Sold by developerOff-plan
AED 385,555AED 809 per sqft

Source: Dubai Land Department. Updated 28 May 2026.

Key facts

Type
Studio apartment
Size
476 sqft
Floor
2nd of 6
Parking
G-21
Developer
MAG
Completed
2020
Service charge
AED 7,500 /yr
Last sold
AED 270K · September 2022
Building
MAG 540

About 207, MAG 540

207 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 6 September 2022 for AED 270,000, or AED 567 per sqft.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 28 May 2026, is AED 33,072 a year: a gross yield of 12.3% on the 2022 price, before the service charge of about AED 7,500 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical studio in MAG 540
300K400K20162018202020222024Typical sale price by year: 2016 AED 398,055; 2022 AED 270,000; 2023 AED 300,000Sold by developer, September 2016: AED 385,555 (AED 809 per sqft)Sold, September 2022: AED 270,000 (AED 567 per sqft)

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

Rents
Unit 207, each contractTypical studio in MAG 540
20K30K40K2020202220242026Typical rent by year: 2020 AED 27,000; 2021 AED 23,104; 2022 AED 22,000; 2023 AED 28,500; 2024 AED 38,500; 2025 AED 37,790; 2026 AED 39,000New contract, May 2023: AED 30,000 a yearRenewal, May 2024: AED 31,500 a yearRenewal, May 2025: AED 31,500 a yearRenewal, May 2026: AED 33,072 a year

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 207 sits

All 12 studios →

207's AED 33,072 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Jun 2023300,000
18 Apr 2023302,000
13 Mar 2023270,000
28 Dec 2022275,000
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
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
2061-bedAED 400K · Jun 2021
2081-bedAED 551K · Jun 2016
1–7 of 13

207, MAG 540 in numbers

  • Sold twice: first on 28 September 2016 for AED 385,555, last on 6 September 2022 for AED 270,000 (AED 567 per sqft).
  • Rented since May 2023 on 4 Ejari contracts, from AED 30,000 to AED 33,072 a year.
  • At AED 33,072 a year the gross yield on the 2022 price is 12.3%, before a service charge of about AED 7,500 a year (AED 15.65 per sqft).

Source: Dubai Land Department. Updated 28 May 2026.

Questions about 207, MAG 540

What did unit 207 last sell for?

AED 270,000 on 6 September 2022: AED 567 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 207?

AED 33,072 a year on the contract renewed on 28 May 2026. The previous contract, from May 2025, was AED 31,500; the unit has been rented since May 2023.

How big is unit 207?

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

What is unit 207 worth today?

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

Selling 207? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 207, MAG 540

Starts from the last sale price (AED 270K, 6 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 270,000
Deposit, UAE resident (20%)
AED 54,000
Deposit, non-resident (40%)
AED 108,000
Monthly over 25 years at 3.7%
AED 1,105

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