Studio · 473 sqftMAG 545, Dubai South · 4th floor · completed 2020

403, MAG 545

Sold prices and rental history: sold twice, last in September 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 30 January 2026
Last soldAED 174K22 September 2019
Current rentAED 44K /yr30 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, MAG 545

What is 403 worth today?

Last sold for AED 173,973 in 2019

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30 Jan 2026RentedNew contract
AED 44,000/yr12 months · AED 93 per sqft
28 May 2025RentedRenewal
AED 23,507/yr7 months · AED 50 per sqft
28 May 2024RentedRenewal
AED 23,000/yr12 months · AED 49 per sqft
28 May 2023RentedNew contract
AED 21,000/yr12 months · AED 44 per sqft
28 May 2020RentedNew contract
AED 19,000/yr12 months · AED 40 per sqft
22 Sep 2019SoldReady
AED 173,973AED 367 per sqft
4 Dec 2016Sold by developerOff-plan
AED 385,555AED 814 per sqft

Source: Dubai Land Department. Updated 30 January 2026.

Key facts

Type
Studio apartment
Size
473 sqft
Floor
4th of 6
Parking
G-47
Developer
MAG
Completed
2020
Service charge
AED 6,700 /yr
Last sold
AED 174K · September 2019
Building
MAG 545

About 403, MAG 545

403 is a studio of 473 sqft on the 4th floor of MAG 545, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 22 September 2019 for AED 173,973, or AED 367 per sqft, 50% below the AED 734 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 30 January 2026, is AED 44,000 a year: a gross yield of 25.3% on the 2019 price, before the service charge of about AED 6,700 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical studio in MAG 545
200K300K400K2016201920222025Typical sale price by year: 2016 AED 385,555; 2019 AED 347,500; 2024 AED 385,000Sold by developer, December 2016: AED 385,555 (AED 814 per sqft)Sold, September 2019: AED 173,973 (AED 367 per sqft)

403 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 403, each contractTypical studio in MAG 545
20K40K20192021202320252027Typical rent by year: 2019 AED 21,500; 2020 AED 21,000; 2021 AED 19,000; 2022 AED 22,000; 2023 AED 22,000; 2024 AED 32,450; 2025 AED 34,000; 2026 AED 40,000New contract, May 2020: AED 19,000 a yearNew contract, May 2023: AED 21,000 a yearRenewal, May 2024: AED 23,000 a yearRenewal, May 2025: AED 23,507 a yearNew contract, January 2026: AED 44,000 a year

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 403 sits

All 12 studios →

403 last sold in September 2019 at AED 367 per sqft, 50% below what studios in MAG 545 were fetching at the time (AED 734). 403's AED 44,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
8 Sep 2025480,000
3 Oct 2024400,000
29 Apr 2024383,000
21 Mar 2024385,000
0 studio 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
Value
4012-bedAED 800K · Apr 2024
4021-bedAED 546K · May 2016
4041-bedAED 550K · Aug 2018
4052-bedNo registered sale
4061-bedAED 564K · Aug 2018
407StudioAED 480K · Sep 2025
4081-bedAED 541K · Nov 2016
1–7 of 13

403, MAG 545 in numbers

  • Sold twice: first on 4 December 2016 for AED 385,555, last on 22 September 2019 for AED 173,973 (AED 367 per sqft).
  • Rented since May 2020 on 5 Ejari contracts, from AED 19,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2019 price is 25.3%, before a service charge of about AED 6,700 a year (AED 14.21 per sqft).

Source: Dubai Land Department. Updated 30 January 2026.

Questions about 403, MAG 545

What did unit 403 last sell for?

AED 173,973 on 22 September 2019: AED 367 per sqft for 473 sqft. The unit has 2 registered sales; the first was AED 385,555 in December 2016.

What is the rent for unit 403?

AED 44,000 a year on the contract signed on 30 January 2026. The previous contract, from May 2025, was AED 23,507; the unit has been rented since May 2020.

How big is unit 403?

473 sqft (43.9 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.

What is unit 403 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 403, MAG 545

Starts from the last sale price (AED 174K, 22 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 173,973
Deposit, UAE resident (20%)
AED 34,795
Deposit, non-resident (40%)
AED 69,589
Monthly over 25 years at 3.7%
AED 712

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