1-bed · 638 sqftMAG 545, Dubai South · 4th floor · completed 2020

408, MAG 545

Sold prices and rental history: sold once, by the developer in November 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 14 November 2016
Last soldAED 541K14 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, MAG 545

What is 408 worth today?

Last sold for AED 540,555 in 2016

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14 Nov 2016Sold by developerOff-plan
AED 540,555AED 847 per sqft

Source: Dubai Land Department. Updated 14 November 2016.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
4th of 6
Parking
G-35
Developer
MAG
Completed
2020
Service charge
AED 9,100 /yr
Last sold
AED 541K · November 2016
Building
MAG 545

About 408, MAG 545

408 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 14 November 2016 for AED 540,555, or AED 847 per sqft, in line with the AED 825 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in MAG 545
500K600K2016201920222025Typical sale price by year: 2016 AED 525,555; 2017 AED 505,277; 2018 AED 536,488; 2019 AED 520,555; 2024 AED 599,500; 2025 AED 647,500; 2026 AED 670,000Sold by developer, November 2016: AED 540,555 (AED 847 per sqft)

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

Rents
Unit 408, each contractTypical one-bed in MAG 545
40K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 28,000; 2021 AED 27,000; 2022 AED 29,000; 2023 AED 33,500; 2024 AED 40,000; 2025 AED 48,000; 2026 AED 50,000

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 408 sits

All 48 1-beds →

408 last sold in November 2016 at AED 847 per sqft, in line with what one-beds in MAG 545 were fetching at the time (AED 825). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Oct 2026670,000
9 Sep 2026620,000
18 Jun 2026680,000
12 Dec 2025720,000
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
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
407StudioAED 480K · Sep 2025
1–7 of 13

408, MAG 545 in numbers

  • Sold once: by MAG on 14 November 2016 for AED 540,555, or AED 847 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 14 November 2016.

Questions about 408, MAG 545

What did unit 408 last sell for?

AED 540,555 on 14 November 2016, sold by the developer: AED 847 per sqft for 638 sqft. It is the only registered sale of the unit.

How big is unit 408?

638 sqft (59.3 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 408 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 408, MAG 545

Starts from the last sale price (AED 541K, 14 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 540,555
Deposit, UAE resident (20%)
AED 108,111
Deposit, non-resident (40%)
AED 216,222
Monthly over 25 years at 3.7%
AED 2,212

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