401, MAG 540
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, MAG 540
What is 401 worth today?
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Source: Dubai Land Department. Updated 15 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,039 sqft
- Floor
- 4th of 6
- Parking
- G-44
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 16,300 /yr
- Last sold
- AED 700K · October 2023
- Building
- MAG 540
About 401, MAG 540
401 is a two-bedroom apartment of 1,039 sqft on the 4th floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 24 October 2023 for AED 700,000, or AED 673 per sqft.
It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 15 January 2026, is AED 75,000 a year: a gross yield of 10.7% on the 2023 price, before the service charge of about AED 16,300 a year.
Sales and rents for 401 over time
401 has sold twice; the dashed line is the two-bed median of each year in the building.
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 401 sits
All 24 2-beds →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. 401's AED 75,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 1,007 sqft | 925,000 | 918 | ||
| 28 Nov 202528 November 2025 | 963 sqft | 950,000 | 986 | ||
| 7 May 20257 May 2025 | 1,004 sqft | 1,150,000 | 1,144 | ||
| 4 Apr 20254 April 2025 | 1,040 sqft | 975,000 | 937 |
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 4th floor
All 85 units in MAG 540| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 665 sqft | AED 680KAED 680,000 · Apr 2025April 2025 | 63,000 /yr | |
| 403 | Studio | 476 sqft | AED 401KAED 400,555 · Jul 2016July 2016 | 45,000 /yr | |
| 404 | 1-bed | 640 sqft | AED 730KAED 730,000 · Sep 2025September 2025 | 55,946 /yr | |
| 405 | 2-bed | 1,005 sqft | AED 699KAED 698,608 · Sep 2022September 2022 | 80,000 /yr | |
| 406 | 1-bed | 665 sqft | AED 561KAED 560,957 · Jun 2016June 2016 | 76,000 /yr | |
| 407 | Studio | 476 sqft | AED 396KAED 395,555 · Jul 2016July 2016 | 18,000 /yr | |
| 408 | 1-bed | 640 sqft | AED 467KAED 466,820 · Dec 2022December 2022 | 44,000 /yr | |
| 409 | 1-bed | 640 sqft | AED 552KAED 552,000 · Jul 2016July 2016 | 35,200 /yr | |
| 410 | 1-bed | 638 sqft | AED 549KAED 549,000 · Jun 2016June 2016 | 77,333 /yr | |
| 411 | 1-bed | 636 sqft | AED 552KAED 552,000 · Jul 2016July 2016 | 47,000 /yr | |
| 412 | 1-bed | 638 sqft | AED 549KAED 549,000 · Jun 2016June 2016 | 77,333 /yr | |
| 413 | 2-bed | 963 sqft | AED 1.05MAED 1,050,000 · Jan 2024January 2024 | 150,000 /yr | |
| 414 | 2-bed | 963 sqft | AED 770KAED 770,000 · Apr 2018April 2018 | 70,000 /yr |
401, MAG 540 in numbers
- Sold twice: first on 30 September 2018 for AED 720,000, last on 24 October 2023 for AED 700,000 (AED 673 per sqft).
- Rented since May 2021 on 7 Ejari contracts, from AED 40,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2023 price is 10.7%, before a service charge of about AED 16,300 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 January 2026.
Questions about 401, MAG 540
What did unit 401 last sell for?
AED 700,000 on 24 October 2023: AED 673 per sqft for 1,039 sqft. The unit has 2 registered sales; the first was AED 720,000 in September 2018.
What is the rent for unit 401?
AED 75,000 a year on the contract renewed on 15 January 2026. The previous contract, from January 2025, was AED 75,000; the unit has been rented since May 2021.
How big is unit 401?
1,039 sqft (96.5 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.
What is unit 401 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 401, MAG 540
Starts from the last sale price (AED 700K, 24 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →