413, MAG 540
Sold prices and rental history: sold once, by the developer in January 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 413, MAG 540
What is 413 worth today?
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Source: Dubai Land Department. Updated 21 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 963 sqft
- Floor
- 4th of 6
- Parking
- G-56
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 15,100 /yr
- Last sold
- AED 1.05M · January 2024
- Building
- MAG 540
About 413, MAG 540
413 is a two-bedroom apartment of 963 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 2 January 2024 for AED 1,050,000, or AED 1,089 per sqft, 57% above the AED 695 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 21 January 2026, is AED 150,000 a year: a gross yield of 14.3% on the 2024 price, before the service charge of about AED 15,100 a year.
Sales and rents for 413 over time
413 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 413 sits
All 24 2-beds →413 last sold in January 2024 at AED 1,089 per sqft, 57% above what two-beds in MAG 540 were fetching at the time (AED 695). 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. 413's AED 150,000 is at the top 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 | |
| 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 | |
| 414 | 2-bed | 963 sqft | AED 770KAED 770,000 · Apr 2018April 2018 | 70,000 /yr |
413, MAG 540 in numbers
- Sold once: by MAG on 2 January 2024 for AED 1,050,000, or AED 1,089 per sqft.
- Rented since January 2020 on 8 Ejari contracts, at AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2024 price is 14.3%, 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 21 January 2026.
Questions about 413, MAG 540
What did unit 413 last sell for?
AED 1,050,000 on 2 January 2024, sold by the developer: AED 1,089 per sqft for 963 sqft. It is the only registered sale of the unit.
What is the rent for unit 413?
AED 150,000 a year on the contract renewed on 21 January 2026. The previous contract, from January 2025, was AED 150,000; the unit has been rented since January 2020.
How big is unit 413?
963 sqft (89.5 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.
What is unit 413 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 413, MAG 540
Starts from the last sale price (AED 1.05M, 2 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →