2-bed · 1,040 sqftMAG 545, Dubai South · 4th floor · completed 2020

401, MAG 545

Sold prices and rental history: sold twice, last in April 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 401 · DLD and Ejari recordsUpdated 30 April 2024

Last soldAED 800K30 April 2024

Current rentAED 45K /yr15 August 2020

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 401, MAG 545

Today

What is 401 worth today?

Last sold for AED 800,000 in 2024

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30 Apr 2024

30 Apr 2024SoldReady

AED 800,000AED 769 per sqft

15 Aug 2020

15 Aug 2020RentedRenewal

AED 45,000/yr12 months · AED 43 per sqft

15 Aug 2019

15 Aug 2019RentedNew contract

AED 45,000/yr12 months · AED 43 per sqft

20 Feb 2017

20 Feb 2017Sold by developerOff-plan

AED 788,888AED 758 per sqft

Source: Dubai Land Department. Updated 30 April 2024.

Key facts

Type: 2-bed apartment
Size: 1,040 sqft
Floor: 4th of 6
Parking: G-45
Developer: MAG
Completed: 2020
Service charge: AED 14,800 /yr
Last sold: AED 800K · April 2024
Building: MAG 545

About 401, MAG 545

401 is a two-bedroom apartment of 1,040 sqft on the 4th floor of MAG 545, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 30 April 2024 for AED 800,000, or AED 769 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 15 August 2020, is AED 45,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 14,800 a year.

Sales and rents for 401 over time

Sales

Unit 401, each saleTypical two-bed in MAG 545

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

Rents

Unit 401, each contractTypical two-bed in MAG 545

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

2-beds in MAG 545, and where 401 sits

All 24 2-beds →

2-beds in MAG 545 · last 12 months1,087 /sqft MAG 545 · all types1,059 /sqft

Over the last 12 months two-beds sold for AED 1,050,000, around AED 1,087 per sqft, and rent for AED 70,000 to 78,000 a year. 401's AED 45,000 is at the bottom of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
22 Jun 202622 June 2026	966 sqft	1,050,000	1,087
7 Aug 20257 August 2025	1,041 sqft	1,080,000	1,037
13 Jun 202513 June 2025	966 sqft	999,000	1,034
4 Jun 20254 June 2025	966 sqft	999,000	1,034

1 2-bed sale 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 4th floor

All 86 units in MAG 545


402	1-bed	666 sqft	AED 546KAED 545,555 · May 2016May 2016	30,000 /yr
403	Studio	473 sqft	AED 174KAED 173,973 · Sep 2019September 2019	44,000 /yr
404	1-bed	638 sqft	AED 550KAED 550,000 · Aug 2018August 2018	35,000 /yr
405	2-bed	1,005 sqft	No registered sale	75,000 /yr
406	1-bed	655 sqft	AED 564KAED 564,000 · Aug 2018August 2018	48,000 /yr
407	Studio	473 sqft	AED 480KAED 480,000 · Sep 2025September 2025	48,000 /yr
408	1-bed	638 sqft	AED 541KAED 540,555 · Nov 2016November 2016
409	1-bed	638 sqft	AED 536KAED 535,555 · Oct 2018October 2018	50,000 /yr
410	1-bed	638 sqft	AED 660KAED 660,000 · Sep 2025September 2025	66,000 /yr
411	1-bed	634 sqft	AED 536KAED 535,555 · Oct 2018October 2018	50,000 /yr
412	1-bed	637 sqft	AED 511KAED 510,555 · Jan 2017January 2017	52,000 /yr
413	2-bed	966 sqft	AED 1.05MAED 1,050,000 · Jun 2026June 2026	75,000 /yr
414	2-bed	966 sqft	AED 650KAED 650,000 · Oct 2022October 2022	38,000 /yr

1–7 of 13

401, MAG 545 in numbers

Sold twice: first on 20 February 2017 for AED 788,888, last on 30 April 2024 for AED 800,000 (AED 769 per sqft).
Rented since August 2019 on 2 Ejari contracts, at AED 45,000 a year.
At AED 45,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 14,800 a year (AED 14.21 per sqft).
Two-beds in MAG 545 sold for AED 1,050,000–1,050,000 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 30 April 2024.

Questions about 401, MAG 545

What did unit 401 last sell for?

AED 800,000 on 30 April 2024: AED 769 per sqft for 1,040 sqft. The unit has 2 registered sales; the first was AED 788,888 in February 2017.

What is the rent for unit 401?

AED 45,000 a year on the contract renewed on 15 August 2020. The previous contract, from August 2019, was AED 45,000.

How big is unit 401?

1,040 sqft (96.6 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 545 sold for AED 1,050,000 to 1,050,000 in the last 12 months, around AED 1,087 per sqft.

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Mortgage on 401, MAG 545

Starts from the last sale price (AED 800K, 30 April 2024). Switch to today's estimate once you have unlocked it.

Price: AED 800,000
Deposit, UAE resident (20%): AED 160,000
Deposit, non-resident (40%): AED 320,000
Monthly over 25 years at 3.7%: AED 3,273

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