403, MAG 540
Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, MAG 540
What is 403 worth today?
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Source: Dubai Land Department. Updated 17 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 476 sqft
- Floor
- 4th of 6
- Parking
- G-46
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,500 /yr
- Last sold
- AED 401K · July 2016
- Building
- MAG 540
About 403, MAG 540
403 is a studio of 476 sqft on the 4th floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 10 July 2016 for AED 400,555, or AED 841 per sqft, in line with the AED 841 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 17 February 2026, is AED 45,000 a year: a gross yield of 11.2% on the 2016 price, before the service charge of about AED 7,500 a year.
Sales and rents for 403 over time
403 has sold once; the dashed line is the studio median of each year in the building.
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 403 sits
All 12 studios →403 last sold in July 2016 at AED 841 per sqft, in line with what studios in MAG 540 were fetching at the time (AED 841). 403's AED 45,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jun 20239 June 2023 | 476 sqft | 300,000 | 630 | ||
| 18 Apr 202318 April 2023 | 476 sqft | 302,000 | 634 | ||
| 13 Mar 202313 March 2023 | 476 sqft | 270,000 | 567 | ||
| 28 Dec 202228 December 2022 | 476 sqft | 275,000 | 577 |
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 | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,039 sqft | AED 700KAED 700,000 · Oct 2023October 2023 | 75,000 /yr | |
| 402 | 1-bed | 665 sqft | AED 680KAED 680,000 · Apr 2025April 2025 | 63,000 /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 |
403, MAG 540 in numbers
- Sold once: by MAG on 10 July 2016 for AED 400,555, or AED 841 per sqft.
- Rented since May 2022 on 4 Ejari contracts, from AED 24,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2016 price is 11.2%, before a service charge of about AED 7,500 a year (AED 15.65 per sqft).
Source: Dubai Land Department. Updated 17 February 2026.
Questions about 403, MAG 540
What did unit 403 last sell for?
AED 400,555 on 10 July 2016, sold by the developer: AED 841 per sqft for 476 sqft. It is the only registered sale of the unit.
What is the rent for unit 403?
AED 45,000 a year on the contract signed on 17 February 2026. The previous contract, from February 2024, was AED 26,000; the unit has been rented since May 2022.
How big is unit 403?
476 sqft (44.2 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.
What is unit 403 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 403, MAG 540
Starts from the last sale price (AED 401K, 10 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 400,555
- Deposit, UAE resident (20%)
- AED 80,111
- Deposit, non-resident (40%)
- AED 160,222
- Monthly over 25 years at 3.7%
- AED 1,639
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →