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

407, MAG 545

Sold prices and rental history: sold twice, last in September 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 480K8 September 2025
Current rentAED 48K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, MAG 545

What is 407 worth today?

Last sold for AED 480,000 in 2025

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1 Oct 2026RentedRenewal
AED 48,000/yr6 months · AED 101 per sqft
1 Oct 2025RentedNew contract
AED 48,000/yr12 months · AED 101 per sqft
8 Sep 2025SoldReady
AED 480,000AED 1,013 per sqft
25 Jul 2019Sold by developerReady
AED 406,407AED 858 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
473 sqft
Floor
4th of 6
Parking
G-51
Developer
MAG
Completed
2020
Service charge
AED 6,700 /yr
Last sold
AED 480K · September 2025
Building
MAG 545

About 407, MAG 545

407 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 8 September 2025 for AED 480,000, or AED 1,013 per sqft.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 48,000 a year: a gross yield of 10.0% on the 2025 price, before the service charge of about AED 6,700 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical studio in MAG 545
400K500K2016201920222025Typical sale price by year: 2016 AED 385,555; 2019 AED 347,500; 2024 AED 385,000Sold by developer, July 2019: AED 406,407 (AED 858 per sqft)Sold, September 2025: AED 480,000 (AED 1,013 per sqft)

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

Rents
Unit 407, each contractTypical studio in MAG 545
20K40K201920222025Typical 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, October 2025: AED 48,000 a yearRenewal, October 2026: AED 48,000 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 407 sits

All 12 studios →

407's AED 48,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
3 Oct 2024400,000
29 Apr 2024383,000
21 Mar 2024385,000
31 Jul 2023366,374
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
403StudioAED 174K · Sep 2019
4041-bedAED 550K · Aug 2018
4052-bedNo registered sale
4061-bedAED 564K · Aug 2018
4081-bedAED 541K · Nov 2016
1–7 of 13

407, MAG 545 in numbers

  • Sold twice: first on 25 July 2019 for AED 406,407, last on 8 September 2025 for AED 480,000 (AED 1,013 per sqft).
  • Rented since October 2025 on 2 Ejari contracts, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2025 price is 10.0%, before a service charge of about AED 6,700 a year (AED 14.21 per sqft).

Source: Dubai Land Department. Updated 1 October 2026.

Questions about 407, MAG 545

What did unit 407 last sell for?

AED 480,000 on 8 September 2025: AED 1,013 per sqft for 473 sqft. The unit has 2 registered sales; the first was AED 406,407 in July 2019.

What is the rent for unit 407?

AED 48,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 48,000.

How big is unit 407?

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

What is unit 407 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 407, MAG 545

Starts from the last sale price (AED 480K, 8 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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