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2-bed · 963 sqftMAG 540, Dubai South · 2nd floor · completed 2020

214, MAG 540

Sold prices and rental history: sold once, by the developer in May 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 15 June 2026
Last soldAED 780K28 May 2018
Current rentAED 70K /yr15 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 214, MAG 540

What is 214 worth today?

Last sold for AED 780,194 in 2018

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15 Jun 2026RentedNew contract
AED 70,000/yr12 months · AED 72 per sqft
30 Oct 2024RentedNew contract
AED 70,000/yr13 months · AED 73 per sqft
15 Nov 2023RentedNew contract
AED 68,936/yr13 months · AED 72 per sqft
15 Nov 2022RentedNew contract
AED 55,000/yr12 months · AED 57 per sqft
1 Oct 2019RentedNew contract
AED 55,000/yr12 months · AED 57 per sqft
28 May 2018Sold by developerOff-plan
AED 780,194AED 809 per sqft

Source: Dubai Land Department. Updated 15 June 2026.

Key facts

Type
2-bed apartment
Size
963 sqft
Floor
2nd of 6
Parking
G-28
Developer
MAG
Completed
2020
Service charge
AED 15,100 /yr
Last sold
AED 780K · May 2018
Building
MAG 540

About 214, MAG 540

214 is a two-bedroom apartment of 963 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 28 May 2018 for AED 780,194, or AED 809 per sqft, in line with the AED 807 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 15 June 2026, is AED 70,000 a year: a gross yield of 9.0% on the 2018 price, before the service charge of about AED 15,100 a year.

Sales and rents for 214 over time

Sales
Unit 214, each saleTypical two-bed in MAG 540
800K1M20182020202220242026Typical sale price by year: 2018 AED 745,000; 2022 AED 698,608; 2024 AED 850,000; 2025 AED 975,000Sold by developer, May 2018: AED 780,194 (AED 809 per sqft)

214 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 214, each contractTypical two-bed in MAG 540
40K60K80K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 60,000; 2021 AED 40,000; 2022 AED 47,138; 2023 AED 55,000; 2024 AED 58,000; 2025 AED 75,000; 2026 AED 75,000New contract, October 2019: AED 55,000 a yearNew contract, November 2022: AED 55,000 a yearNew contract, November 2023: AED 68,936 a yearNew contract, October 2024: AED 70,000 a yearNew contract, June 2026: AED 70,000 a year

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

2-beds in MAG 540, and where 214 sits

All 24 2-beds →

214 last sold in May 2018 at AED 809 per sqft, in line with what two-beds in MAG 540 were fetching at the time (AED 807). Over the last 12 months two-beds sold for AED 925,000 to 950,000, around AED 952 per sqft, and rent for AED 53,000 to 150,000 a year. 214's AED 70,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Oct 2026925,000
28 Nov 2025950,000
7 May 20251,150,000
4 Apr 2025975,000
2 2-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
2061-bedAED 400K · Jun 2021
207StudioAED 270K · Sep 2022
1–7 of 13

214, MAG 540 in numbers

  • Sold once: by MAG on 28 May 2018 for AED 780,194, or AED 809 per sqft.
  • Rented since October 2019 on 5 Ejari contracts, from AED 55,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2018 price is 9.0%, before a service charge of about AED 15,100 a year (AED 15.65 per sqft).
  • Two-beds in MAG 540 sold for AED 925,000–950,000 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 15 June 2026.

Questions about 214, MAG 540

What did unit 214 last sell for?

AED 780,194 on 28 May 2018, sold by the developer: AED 809 per sqft for 963 sqft. It is the only registered sale of the unit.

What is the rent for unit 214?

AED 70,000 a year on the contract signed on 15 June 2026. The previous contract, from October 2024, was AED 70,000; the unit has been rented since October 2019.

How big is unit 214?

963 sqft (89.5 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 214 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 540 sold for AED 925,000 to 950,000 in the last 12 months, around AED 952 per sqft.

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Mortgage on 214, MAG 540

Starts from the last sale price (AED 780K, 28 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 780,194
Deposit, UAE resident (20%)
AED 156,039
Deposit, non-resident (40%)
AED 312,078
Monthly over 25 years at 3.7%
AED 3,192

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