212, MAG 540
Sold prices and rental history: sold twice, last in June 2024, 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 212, MAG 540
What is 212 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 6 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 638 sqft
- Floor
- 2nd of 6
- Parking
- G-26
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,000 /yr
- Last sold
- AED 610K · June 2024
- Building
- MAG 540
About 212, MAG 540
212 is a one-bedroom apartment of 638 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 June 2024 for AED 610,000, or AED 956 per sqft, 27% above the AED 755 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 26 May 2023, is AED 38,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 10,000 a year.
Sales and rents for 212 over time
212 has sold twice; 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 212 sits
All 48 1-beds →212 last sold in June 2024 at AED 956 per sqft, 27% above what one-beds in MAG 540 were fetching at the time (AED 755). 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. 212's AED 38,000 is in the lower 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 | |
| 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 | |
| 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 |
212, MAG 540 in numbers
- Sold twice: first on 7 June 2016 for AED 549,000, last on 6 June 2024 for AED 610,000 (AED 956 per sqft).
- Rented since May 2020 on 4 Ejari contracts, from AED 28,000 to AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2024 price is 6.2%, 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 6 June 2024.
Questions about 212, MAG 540
What did unit 212 last sell for?
AED 610,000 on 6 June 2024: AED 956 per sqft for 638 sqft. The unit has 2 registered sales; the first was AED 549,000 in June 2016.
What is the rent for unit 212?
AED 38,000 a year on the contract renewed on 26 May 2023. The previous contract, from May 2022, was AED 37,500; the unit has been rented since May 2020.
How big is unit 212?
638 sqft (59.3 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.
What is unit 212 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.
Selling 212? 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.
Mortgage on 212, MAG 540
Starts from the last sale price (AED 610K, 6 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 610,000
- Deposit, UAE resident (20%)
- AED 122,000
- Deposit, non-resident (40%)
- AED 244,000
- Monthly over 25 years at 3.7%
- AED 2,496
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →