405, MAG 540
Sold prices and rental history: sold once, by the developer in September 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, MAG 540
What is 405 worth today?
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Source: Dubai Land Department. Updated 15 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,005 sqft
- Floor
- 4th of 6
- Parking
- G-48
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 15,700 /yr
- Last sold
- AED 699K · September 2022
- Building
- MAG 540
About 405, MAG 540
405 is a two-bedroom apartment of 1,005 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 15 September 2022 for AED 698,608, or AED 695 per sqft, in line with the AED 710 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 15 January 2026, is AED 80,000 a year: a gross yield of 11.5% on the 2022 price, before the service charge of about AED 15,700 a year.
Sales and rents for 405 over time
405 has sold once; 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 405 sits
All 24 2-beds →405 last sold in September 2022 at AED 695 per sqft, in line with what two-beds in MAG 540 were fetching at the time (AED 710). 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. 405's AED 80,000 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 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 | |
| 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 |
405, MAG 540 in numbers
- Sold once: by MAG on 15 September 2022 for AED 698,608, or AED 695 per sqft.
- Rented since September 2019 on 6 Ejari contracts, from AED 60,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2022 price is 11.5%, before a service charge of about AED 15,700 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 405, MAG 540
What did unit 405 last sell for?
AED 698,608 on 15 September 2022, sold by the developer: AED 695 per sqft for 1,005 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 80,000 a year on the contract renewed on 15 January 2026. The previous contract, from January 2025, was AED 80,000; the unit has been rented since September 2019.
How big is unit 405?
1,005 sqft (93.4 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.
What is unit 405 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 405, MAG 540
Starts from the last sale price (AED 699K, 15 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 698,608
- Deposit, UAE resident (20%)
- AED 139,722
- Deposit, non-resident (40%)
- AED 279,443
- Monthly over 25 years at 3.7%
- AED 2,858
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →