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

208, MAG 545

Sold prices and rental history: sold twice, last in May 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 15 June 2023
Last soldAED 420K30 May 2023
Current rentAED 38K /yr15 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 208, MAG 545

What is 208 worth today?

Last sold for AED 420,000 in 2023

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15 Jun 2023RentedNew contract
AED 38,000/yr12 months · AED 60 per sqft
30 May 2023SoldReady
AED 420,000AED 658 per sqft
26 Dec 2020RentedNew contract
AED 23,000/yr12 months · AED 36 per sqft
19 Jul 2016Sold by developerOff-plan
AED 562,555AED 881 per sqft

Source: Dubai Land Department. Updated 15 June 2023.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
2nd of 6
Parking
G-23
Developer
MAG
Completed
2020
Service charge
AED 9,100 /yr
Last sold
AED 420K · May 2023
Building
MAG 545

About 208, MAG 545

208 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. It last sold on 30 May 2023 for AED 420,000, or AED 658 per sqft.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 15 June 2023, is AED 38,000 a year: a gross yield of 9.0% on the 2023 price, before the service charge of about AED 9,100 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical one-bed in MAG 545
400K600K2016201920222025Typical 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, July 2016: AED 562,555 (AED 881 per sqft)Sold, May 2023: AED 420,000 (AED 658 per sqft)

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

Rents
Unit 208, 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, December 2020: AED 23,000 a yearNew contract, June 2023: AED 38,000 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 208 sits

All 48 1-beds →

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. 208's AED 38,000 is in the lower half 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
2041-bedAED 531K · Oct 2018
2052-bedNo registered sale
2061-bedAED 536K · Jul 2016
207StudioAED 421K · Aug 2017
1–7 of 13

208, MAG 545 in numbers

  • Sold twice: first on 19 July 2016 for AED 562,555, last on 30 May 2023 for AED 420,000 (AED 658 per sqft).
  • Rented since December 2020 on 2 Ejari contracts, from AED 23,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2023 price is 9.0%, 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 15 June 2023.

Questions about 208, MAG 545

What did unit 208 last sell for?

AED 420,000 on 30 May 2023: AED 658 per sqft for 638 sqft. The unit has 2 registered sales; the first was AED 562,555 in July 2016.

What is the rent for unit 208?

AED 38,000 a year on the contract signed on 15 June 2023. The previous contract, from December 2020, was AED 23,000.

How big is unit 208?

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

What is unit 208 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 208, MAG 545

Starts from the last sale price (AED 420K, 30 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

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