1-bed · 638 sqftMAG 545, Dubai South · 2nd floor · completed 2020

204, MAG 545

Sold prices and rental history: sold once, by the developer in October 2018, and rented once, from July 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 10 July 2020
Last soldAED 531K8 October 2018
Current rentAED 24K /yr10 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, MAG 545

What is 204 worth today?

Last sold for AED 530,555 in 2018

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10 Jul 2020RentedNew contract
AED 24,000/yr12 months · AED 38 per sqft
8 Oct 2018Sold by developerOff-plan
AED 530,555AED 831 per sqft

Source: Dubai Land Department. Updated 10 July 2020.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
2nd of 6
Parking
G-19
Developer
MAG
Completed
2020
Service charge
AED 9,100 /yr
Last sold
AED 531K · October 2018
Building
MAG 545

About 204, MAG 545

204 is a one-bedroom apartment of 638 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 8 October 2018 for AED 530,555, or AED 831 per sqft, in line with the AED 845 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 July 2020. The current contract, signed on 10 July 2020, is AED 24,000 a year: a gross yield of 4.5% on the 2018 price, before the service charge of about AED 9,100 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical one-bed in MAG 545
500K600K2016201920222025Typical sale price by year: 2016 AED 525,555; 2017 AED 505,277; 2018 AED 536,488; 2019 AED 520,555; 2024 AED 599,500; 2025 AED 647,500; 2026 AED 670,000Sold by developer, October 2018: AED 530,555 (AED 831 per sqft)

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

Rents
Unit 204, each contractTypical one-bed in MAG 545
20K40K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 28,000; 2021 AED 27,000; 2022 AED 29,000; 2023 AED 33,500; 2024 AED 40,000; 2025 AED 48,000; 2026 AED 50,000New contract, July 2020: AED 24,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in MAG 545, and where 204 sits

All 48 1-beds →

204 last sold in October 2018 at AED 831 per sqft, in line with what one-beds in MAG 545 were fetching at the time (AED 845). Over the last 12 months one-beds sold for AED 620,000 to 720,000, around AED 1,050 per sqft, and rent for AED 37,400 to 66,000 a year. 204's AED 24,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Oct 2026670,000
9 Sep 2026620,000
18 Jun 2026680,000
12 Dec 2025720,000
5 1-bed sales in the last 12 months

MAG 545

Building

86 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%
MAG 545, Dubai South: prices, sales and rents →

Other units on the 2nd floor

All 86 units in MAG 545
Value
2012-bedAED 970K · Nov 2024
2021-bedAED 536K · Jul 2016
203StudioAED 381K · Dec 2016
2052-bedNo registered sale
2061-bedAED 536K · Jul 2016
207StudioAED 421K · Aug 2017
2081-bedAED 420K · May 2023
1–7 of 13

204, MAG 545 in numbers

  • Sold once: by MAG on 8 October 2018 for AED 530,555, or AED 831 per sqft.
  • Rented since July 2020 on one Ejari contract, at AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2018 price is 4.5%, before a service charge of about AED 9,100 a year (AED 14.21 per sqft).
  • One-beds in MAG 545 sold for AED 620,000–720,000 in the 12 months to November 2026; the building's median across all types is AED 1,059 per sqft.

Source: Dubai Land Department. Updated 10 July 2020.

Questions about 204, MAG 545

What did unit 204 last sell for?

AED 530,555 on 8 October 2018, sold by the developer: AED 831 per sqft for 638 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 24,000 a year on the contract signed on 10 July 2020.

How big is unit 204?

638 sqft (59.3 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 545 sold for AED 620,000 to 720,000 in the last 12 months, around AED 1,050 per sqft.

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Mortgage on 204, MAG 545

Starts from the last sale price (AED 531K, 8 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 530,555
Deposit, UAE resident (20%)
AED 106,111
Deposit, non-resident (40%)
AED 212,222
Monthly over 25 years at 3.7%
AED 2,171

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