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1-bed · 241 sqftMAG 520, Dubai South · 1st floor · completed 2020

106, MAG 520

Sold prices and rental history: sold twice, last in May 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 182K23 May 2023
Current rentAED 39K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 106, MAG 520

What is 106 worth today?

Last sold for AED 181,500 in 2023

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1 Mar 2024RentedNew contract
AED 39,000/yr12 months · AED 81 per sqft
23 May 2023SoldReady
AED 181,500AED 751 per sqft
5 Feb 2023RentedNew contract
AED 28,000/yr12 months · AED 58 per sqft
21 Oct 2020Sold by developerReady
AED 499,000AED 1,033 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
1-bed apartment
Size
241 sqft
Floor
1st of 6
Parking
G-27
Developer
MAG
Completed
2020
Service charge
AED 4,300 /yr
Last sold
AED 182K · May 2023
Building
MAG 520

About 106, MAG 520

106 is a one-bedroom apartment of 241 sqft on the 1st floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 23 May 2023 for AED 181,500, or AED 751 per sqft, 6% above the AED 707 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 March 2024, is AED 39,000 a year: a gross yield of 21.5% on the 2023 price, before the service charge of about AED 4,300 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical one-bed in MAG 520
200K400K600K20182020202220242026Typical sale price by year: 2018 AED 467,000; 2019 AED 468,448; 2020 AED 480,000; 2021 AED 354,910; 2022 AED 449,708; 2023 AED 400,000; 2024 AED 490,000; 2025 AED 600,000Sold by developer, October 2020: AED 499,000 (AED 1,033 per sqft)Sold, May 2023: AED 181,500 (AED 751 per sqft)

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

Rents
Unit 106, each contractTypical one-bed in MAG 520
20K40K20192021202320252027Typical rent by year: 2019 AED 26,500; 2020 AED 24,000; 2021 AED 24,000; 2022 AED 26,500; 2023 AED 28,350; 2024 AED 37,500; 2025 AED 42,000; 2026 AED 51,500New contract, February 2023: AED 28,000 a yearNew contract, March 2024: AED 39,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in MAG 520, and where 106 sits

All 60 1-beds →

106 last sold in May 2023 at AED 751 per sqft, 6% above what one-beds in MAG 520 were fetching at the time (AED 707). Over the last 12 months one-beds sold for AED 590,000, around AED 1,233 per sqft, and rent for AED 40,000 to 57,000 a year. 106's AED 39,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jan 2026590,000
7 Jan 2026590,000
23 Jun 2025680,000
13 May 2025393,022
2 1-bed sales in the last 12 months

MAG 520

Building

131 apartments, studios to 2-bed over 6 floors in Dubai South, completed in 2020 by MAG. 2 sold in the last 12 months.

Typical price per sqft
AED 1,233
Typical sale
AED 590K
Typical rent
AED 44K /yr
Typical yield
7.7%
MAG 520, Dubai South: prices, sales and rents →

Other units on the 1st floor

All 131 units in MAG 520
Value
1011-bedAED 449K · Feb 2023
102StudioAED 256K · Apr 2021
103StudioAED 365K · Sep 2019
1041-bedAED 353K · Oct 2021
1052-bedAED 400K · Mar 2020
107StudioAED 355K · Mar 2019
108StudioAED 347K · May 2019
1–7 of 21

106, MAG 520 in numbers

  • Sold twice: first on 21 October 2020 for AED 499,000, last on 23 May 2023 for AED 181,500 (AED 751 per sqft).
  • Rented since February 2023 on 2 Ejari contracts, from AED 28,000 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2023 price is 21.5%, before a service charge of about AED 4,300 a year (AED 17.72 per sqft).
  • One-beds in MAG 520 sold for AED 590,000–590,000 in the 12 months to November 2026; the building's median across all types is AED 1,233 per sqft.

Source: Dubai Land Department. Updated 1 March 2024.

Questions about 106, MAG 520

What did unit 106 last sell for?

AED 181,500 on 23 May 2023: AED 751 per sqft for 241 sqft. The unit has 2 registered sales; the first was AED 499,000 in October 2020.

What is the rent for unit 106?

AED 39,000 a year on the contract signed on 1 March 2024. The previous contract, from February 2023, was AED 28,000.

How big is unit 106?

241 sqft (22.4 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 520 sold for AED 590,000 to 590,000 in the last 12 months, around AED 1,233 per sqft.

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Mortgage on 106, MAG 520

Starts from the last sale price (AED 182K, 23 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 181,500
Deposit, UAE resident (20%)
AED 36,300
Deposit, non-resident (40%)
AED 72,600
Monthly over 25 years at 3.7%
AED 743

Plus AED 10,533 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →