203, MAG 545
Sold prices and rental history: sold once, by the developer in December 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, MAG 545
What is 203 worth today?
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Source: Dubai Land Department. Updated 1 January 2021.
Key facts
- Type
- Studio apartment
- Size
- 473 sqft
- Floor
- 2nd of 6
- Parking
- G-18
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,700 /yr
- Last sold
- AED 381K · December 2016
- Building
- MAG 545
About 203, MAG 545
203 is a studio of 473 sqft on the 2nd floor of MAG 545, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 26 December 2016 for AED 380,555, or AED 803 per sqft, in line with the AED 814 studios in the building were fetching at the time.
It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 January 2021, is AED 19,000 a year: a gross yield of 5.0% on the 2016 price, before the service charge of about AED 6,700 a year.
Sales and rents for 203 over time
203 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 545, and where 203 sits
All 12 studios →203 last sold in December 2016 at AED 803 per sqft, in line with what studios in MAG 545 were fetching at the time (AED 814). 203's AED 19,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20258 September 2025 | 473 sqft | 480,000 | 1,013 | ||
| 3 Oct 20243 October 2024 | 473 sqft | 400,000 | 844 | ||
| 29 Apr 202429 April 2024 | 473 sqft | 383,000 | 809 | ||
| 21 Mar 202421 March 2024 | 473 sqft | 385,000 | 813 |
MAG 545
Building86 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 1,059
- Typical sale
- AED 675K
- Typical rent
- AED 51K /yr
- Typical yield
- 7.4%
Other units on the 2nd floor
All 86 units in MAG 545| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,040 sqft | AED 970KAED 970,000 · Nov 2024November 2024 | 77,000 /yr | |
| 202 | 1-bed | 655 sqft | AED 536KAED 535,555 · Jul 2016July 2016 | 55,000 /yr | |
| 204 | 1-bed | 638 sqft | AED 531KAED 530,555 · Oct 2018October 2018 | 24,000 /yr | |
| 205 | 2-bed | 1,005 sqft | No registered sale | 65,000 /yr | |
| 206 | 1-bed | 655 sqft | AED 536KAED 535,555 · Jul 2016July 2016 | 34,000 /yr | |
| 207 | Studio | 473 sqft | AED 421KAED 421,075 · Aug 2017August 2017 | 40,000 /yr | |
| 208 | 1-bed | 638 sqft | AED 420KAED 420,000 · May 2023May 2023 | 38,000 /yr | |
| 209 | 1-bed | 638 sqft | AED 600KAED 599,999 · Jan 2025January 2025 | 52,000 /yr | |
| 210 | 1-bed | 638 sqft | AED 511KAED 510,555 · Dec 2016December 2016 | 32,000 /yr | |
| 211 | 1-bed | 634 sqft | AED 600KAED 599,999 · Dec 2024December 2024 | 27,000 /yr | |
| 212 | 1-bed | 637 sqft | AED 511KAED 510,555 · Dec 2016December 2016 | 45,150 /yr | |
| 213 | 2-bed | 966 sqft | AED 999KAED 999,000 · Jun 2025June 2025 | 75,000 /yr | |
| 214 | 2-bed | 966 sqft | AED 999KAED 999,000 · Jun 2025June 2025 | 75,000 /yr |
203, MAG 545 in numbers
- Sold once: by MAG on 26 December 2016 for AED 380,555, or AED 803 per sqft.
- Rented since November 2019 on 2 Ejari contracts, from AED 22,000 to AED 19,000 a year.
- At AED 19,000 a year the gross yield on the 2016 price is 5.0%, before a service charge of about AED 6,700 a year (AED 14.21 per sqft).
Source: Dubai Land Department. Updated 1 January 2021.
Questions about 203, MAG 545
What did unit 203 last sell for?
AED 380,555 on 26 December 2016, sold by the developer: AED 803 per sqft for 473 sqft. It is the only registered sale of the unit.
What is the rent for unit 203?
AED 19,000 a year on the contract signed on 1 January 2021. The previous contract, from November 2019, was AED 22,000.
How big is unit 203?
473 sqft (43.9 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.
What is unit 203 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 203, MAG 545
Starts from the last sale price (AED 381K, 26 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 380,555
- Deposit, UAE resident (20%)
- AED 76,111
- Deposit, non-resident (40%)
- AED 152,222
- Monthly over 25 years at 3.7%
- AED 1,557
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →