1-bed · 666 sqftMAG 545, Dubai South · 4th floor · completed 2020

402, MAG 545

Sold prices and rental history: sold once, by the developer in May 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 402 · DLD and Ejari recordsUpdated 25 July 2022

Last soldAED 546K29 May 2016

Current rentAED 30K /yr25 July 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 402, MAG 545

Today

What is 402 worth today?

Last sold for AED 545,555 in 2016

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25 Jul 2022

25 Jul 2022RentedNew contract

AED 30,000/yr12 months · AED 45 per sqft

21 Jul 2021

21 Jul 2021RentedNew contract

AED 25,000/yr12 months · AED 38 per sqft

10 Jan 2020

10 Jan 2020RentedNew contract

AED 28,000/yr12 months · AED 42 per sqft

15 Apr 2019

15 Apr 2019RentedNew contract

AED 35,000/yr12 months · AED 52 per sqft

29 May 2016

29 May 2016Sold by developerOff-plan

AED 545,555AED 833 per sqft

Source: Dubai Land Department. Updated 25 July 2022.

Key facts

Type: 1-bed apartment
Size: 666 sqft
Floor: 4th of 6
Parking: G-46
Developer: MAG
Completed: 2020
Service charge: AED 9,500 /yr
Last sold: AED 546K · May 2016
Building: MAG 545

About 402, MAG 545

402 is a one-bedroom apartment of 666 sqft on the 4th floor of MAG 545, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 29 May 2016 for AED 545,555, or AED 833 per sqft.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 25 July 2022, is AED 30,000 a year: a gross yield of 5.5% on the 2016 price, before the service charge of about AED 9,500 a year.

Sales and rents for 402 over time

Sales

Unit 402, each saleTypical one-bed in MAG 545

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

Rents

Unit 402, each contractTypical one-bed in MAG 545

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 402 sits

All 48 1-beds →

1-beds in MAG 545 · last 12 months1,050 /sqft MAG 545 · all types1,059 /sqft

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. 402's AED 30,000 is at the bottom of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
15 Oct 202615 October 2026	638 sqft	670,000	1,050
9 Sep 20269 September 2026	638 sqft	620,000	971
18 Jun 202618 June 2026	637 sqft	680,000	1,067
12 Dec 202512 December 2025	634 sqft	720,000	1,136

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 4th floor

All 86 units in MAG 545


401	2-bed	1,040 sqft	AED 800KAED 800,000 · Apr 2024April 2024	45,000 /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

402, MAG 545 in numbers

Sold once: by MAG on 29 May 2016 for AED 545,555, or AED 833 per sqft.
Rented since April 2019 on 4 Ejari contracts. The rent fell from AED 35,000 to AED 25,000 in 2021 and recovered to AED 30,000 by July 2022.
At AED 30,000 a year the gross yield on the 2016 price is 5.5%, before a service charge of about AED 9,500 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 25 July 2022.

Questions about 402, MAG 545

What did unit 402 last sell for?

AED 545,555 on 29 May 2016, sold by the developer: AED 833 per sqft for 666 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 30,000 a year on the contract signed on 25 July 2022. The previous contract, from July 2021, was AED 25,000; the unit has been rented since April 2019.

How big is unit 402?

666 sqft (61.9 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 402 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 402, MAG 545

Starts from the last sale price (AED 546K, 29 May 2016). Switch to today's estimate once you have unlocked it.

Price: AED 545,555
Deposit, UAE resident (20%): AED 109,111
Deposit, non-resident (40%): AED 218,222
Monthly over 25 years at 3.7%: AED 2,232

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