404, MAG 545
Sold prices and rental history: sold once, by the developer in August 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, MAG 545
What is 404 worth today?
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Source: Dubai Land Department. Updated 1 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 638 sqft
- Floor
- 4th of 6
- Parking
- G-48
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 9,100 /yr
- Last sold
- AED 550K · August 2018
- Building
- MAG 545
About 404, MAG 545
404 is a one-bedroom apartment of 638 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 August 2018 for AED 550,000, or AED 861 per sqft, in line with the AED 861 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 35,000 a year: a gross yield of 6.4% on the 2018 price, before the service charge of about AED 9,100 a year.
Sales and rents for 404 over time
404 has sold once; the dashed line is the one-bed median of each year in the building.
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 404 sits
All 48 1-beds →404 last sold in August 2018 at AED 861 per sqft, in line with what one-beds in MAG 545 were fetching at the time (AED 861). 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. 404's AED 35,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
MAG 545
Building86 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%
Other units on the 4th floor
All 86 units in MAG 545| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,040 sqft | AED 800KAED 800,000 · Apr 2024April 2024 | 45,000 /yr | |
| 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 | |
| 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 |
404, MAG 545 in numbers
- Sold once: by MAG on 29 August 2018 for AED 550,000, or AED 861 per sqft.
- Rented since April 2020 on 5 Ejari contracts, from AED 28,000 to AED 35,000 a year.
- At AED 35,000 a year the gross yield on the 2018 price is 6.4%, 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 1 October 2023.
Questions about 404, MAG 545
What did unit 404 last sell for?
AED 550,000 on 29 August 2018, sold by the developer: AED 861 per sqft for 638 sqft. It is the only registered sale of the unit.
What is the rent for unit 404?
AED 35,000 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 35,000; the unit has been rented since April 2020.
How big is unit 404?
638 sqft (59.3 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.
What is unit 404 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 404, MAG 545
Starts from the last sale price (AED 550K, 29 August 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →