2-bed · 963 sqftMAG 540, Dubai South · 4th floor · completed 2020

414, MAG 540

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

Unit 414 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 770K19 April 2018
Current rentAED 70K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 414, MAG 540

What is 414 worth today?

Last sold for AED 770,000 in 2018

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1 Oct 2026RentedRenewal
AED 70,000/yr12 months · AED 72 per sqft
1 Oct 2025RentedNew contract
AED 70,000/yr12 months · AED 72 per sqft
8 Feb 2024RentedRenewal
AED 47,000/yr12 months · AED 49 per sqft
8 Feb 2023RentedNew contract
AED 45,000/yr12 months · AED 47 per sqft
14 May 2021RentedNew contract
AED 40,000/yr12 months · AED 42 per sqft
1 Oct 2019RentedNew contract
AED 55,000/yr12 months · AED 57 per sqft
19 Apr 2018Sold by developerOff-plan
AED 770,000AED 799 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
2-bed apartment
Size
963 sqft
Floor
4th of 6
Parking
G-57
Developer
MAG
Completed
2020
Service charge
AED 15,100 /yr
Last sold
AED 770K · April 2018
Building
MAG 540

About 414, MAG 540

414 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 19 April 2018 for AED 770,000, or AED 799 per sqft, in line with the AED 803 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 1 October 2026, is AED 70,000 a year: a gross yield of 9.1% on the 2018 price, before the service charge of about AED 15,100 a year.

Sales and rents for 414 over time

Sales
Unit 414, 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, April 2018: AED 770,000 (AED 799 per sqft)

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

Rents
Unit 414, each contractTypical two-bed in MAG 540
40K60K80K201920222025Typical 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, May 2021: AED 40,000 a yearNew contract, February 2023: AED 45,000 a yearRenewal, February 2024: AED 47,000 a yearNew contract, October 2025: AED 70,000 a yearRenewal, October 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 414 sits

All 24 2-beds →

414 last sold in April 2018 at AED 799 per sqft, in line with what two-beds in MAG 540 were fetching at the time (AED 803). 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. 414'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 4th floor

All 85 units in MAG 540
Value
4012-bedAED 700K · Oct 2023
4021-bedAED 680K · Apr 2025
403StudioAED 401K · Jul 2016
4041-bedAED 730K · Sep 2025
4052-bedAED 699K · Sep 2022
4061-bedAED 561K · Jun 2016
407StudioAED 396K · Jul 2016
1–7 of 13

414, MAG 540 in numbers

  • Sold once: by MAG on 19 April 2018 for AED 770,000, or AED 799 per sqft.
  • Rented since October 2019 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 40,000 in 2021 and recovered to AED 70,000 by October 2026.
  • At AED 70,000 a year the gross yield on the 2018 price is 9.1%, 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 1 October 2026.

Questions about 414, MAG 540

What did unit 414 last sell for?

AED 770,000 on 19 April 2018, sold by the developer: AED 799 per sqft for 963 sqft. It is the only registered sale of the unit.

What is the rent for unit 414?

AED 70,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 70,000; the unit has been rented since October 2019.

How big is unit 414?

963 sqft (89.5 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 414 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 414, MAG 540

Starts from the last sale price (AED 770K, 19 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 770,000
Deposit, UAE resident (20%)
AED 154,000
Deposit, non-resident (40%)
AED 308,000
Monthly over 25 years at 3.7%
AED 3,150

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