414, MAG 545
Sold prices and rental history: sold once, by the developer in October 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 414, MAG 545
What is 414 worth today?
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Source: Dubai Land Department. Updated 5 October 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 966 sqft
- Floor
- 4th of 6
- Parking
- G-58
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 13,700 /yr
- Last sold
- AED 650K · October 2022
- Building
- MAG 545
About 414, MAG 545
414 is a two-bedroom apartment of 966 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 5 October 2022 for AED 650,000, or AED 673 per sqft, 7% below the AED 721 two-beds in the building were fetching at the time.
It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 12 August 2021, is AED 38,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 13,700 a year.
Sales and rents for 414 over time
414 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in MAG 545, and where 414 sits
All 24 2-beds →414 last sold in October 2022 at AED 673 per sqft, 7% below what two-beds in MAG 545 were fetching at the time (AED 721). Over the last 12 months two-beds sold for AED 1,050,000, around AED 1,087 per sqft, and rent for AED 70,000 to 78,000 a year. 414's AED 38,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jun 202622 June 2026 | 966 sqft | 1,050,000 | 1,087 | ||
| 7 Aug 20257 August 2025 | 1,041 sqft | 1,080,000 | 1,037 | ||
| 13 Jun 202513 June 2025 | 966 sqft | 999,000 | 1,034 | ||
| 4 Jun 20254 June 2025 | 966 sqft | 999,000 | 1,034 |
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 50K /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 | |
| 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, MAG 545 in numbers
- Sold once: by MAG on 5 October 2022 for AED 650,000, or AED 673 per sqft.
- Rented since October 2019 on 2 Ejari contracts, from AED 77,000 to AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 13,700 a year (AED 14.21 per sqft).
- Two-beds in MAG 545 sold for AED 1,050,000–1,050,000 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 5 October 2022.
Questions about 414, MAG 545
What did unit 414 last sell for?
AED 650,000 on 5 October 2022, sold by the developer: AED 673 per sqft for 966 sqft. It is the only registered sale of the unit.
What is the rent for unit 414?
AED 38,000 a year on the contract signed on 12 August 2021. The previous contract, from October 2019, was AED 77,000.
How big is unit 414?
966 sqft (89.7 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.
What is unit 414 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 545 sold for AED 1,050,000 to 1,050,000 in the last 12 months, around AED 1,087 per sqft.
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Mortgage on 414, MAG 545
Starts from the last sale price (AED 650K, 5 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →