108, MAG 520
Sold prices and rental history: sold once, by the developer in May 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 108, MAG 520
What is 108 worth today?
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Source: Dubai Land Department. Updated 1 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 347 sqft
- Floor
- 1st of 6
- Parking
- G-08
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,200 /yr
- Last sold
- AED 347K · May 2019
- Building
- MAG 520
About 108, MAG 520
108 is a studio of 347 sqft on the 1st floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 20 May 2019 for AED 347,000, or AED 998 per sqft, in line with the AED 991 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 34,000 a year: a gross yield of 9.8% on the 2019 price, before the service charge of about AED 6,200 a year.
Sales and rents for 108 over time
108 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in MAG 520, and where 108 sits
All 60 studios →108 last sold in May 2019 at AED 998 per sqft, in line with what studios in MAG 520 were fetching at the time (AED 991). 108's AED 34,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202510 February 2025 | 365 sqft | 420,000 | 1,150 | ||
| 8 Nov 20248 November 2024 | 365 sqft | 390,000 | 1,068 | ||
| 25 Sep 202425 September 2024 | 437 sqft | 412,000 | 942 | ||
| 12 Jul 202412 July 2024 | 360 sqft | 388,000 | 1,077 |
MAG 520
Building131 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%
Other units on the 1st floor
All 131 units in MAG 520| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 628 sqft | AED 449KAED 449,174 · Feb 2023February 2023 | 39,000 /yr | |
| 102 | Studio | 387 sqft | AED 256KAED 255,944 · Apr 2021April 2021 | 38,000 /yr | |
| 103 | Studio | 365 sqft | AED 365KAED 365,000 · Sep 2019September 2019 | 38,000 /yr | |
| 104 | 1-bed | 478 sqft | AED 353KAED 353,100 · Oct 2021October 2021 | 31,000 /yr | |
| 105 | 2-bed | 669 sqft | AED 400KAED 400,000 · Mar 2020March 2020 | ||
| 106 | 1-bed | 241 sqft | AED 182KAED 181,500 · May 2023May 2023 | 39,000 /yr | |
| 107 | Studio | 387 sqft | AED 355KAED 355,000 · Mar 2019March 2019 | 40,000 /yr | |
| 109 | 1-bed | 478 sqft | AED 590KAED 590,000 · Jan 2026January 2026 | 45,000 /yr | |
| 110 | 2-bed | 667 sqft | AED 497KAED 497,000 · Apr 2019April 2019 | 64,000 /yr | |
| 111 | 1-bed | 483 sqft | AED 490KAED 490,000 · Feb 2020February 2020 | ||
| 112 | 1-bed | 656 sqft | AED 480KAED 480,000 · Mar 2019March 2019 | 32,000 /yr | |
| 113 | 1-bed | 622 sqft | AED 519KAED 518,750 · Aug 2020August 2020 | ||
| 114 | 1-bed | 638 sqft | AED 519KAED 518,785 · Jun 2019June 2019 | 42,000 /yr | |
| 115 | Studio | 410 sqft | AED 380KAED 380,000 · May 2019May 2019 | ||
| 116 | Studio | 410 sqft | AED 380KAED 380,000 · May 2019May 2019 | 26,000 /yr | |
| 117 | Studio | 437 sqft | AED 412KAED 412,000 · Sep 2024September 2024 | 39,000 /yr | |
| 118 | Studio | 437 sqft | AED 406KAED 406,000 · Mar 2019March 2019 | 28,000 /yr | |
| 119 | 1-bed | 514 sqft | AED 490KAED 490,000 · May 2024May 2024 | 34,906 /yr | |
| 120 | 1-bed | 514 sqft | AED 357KAED 356,720 · Aug 2021August 2021 | 57,000 /yr | |
| 121 | Studio | 360 sqft | AED 357KAED 357,000 · May 2019May 2019 | 36,000 /yr | |
| 122 | Studio | 360 sqft | AED 357KAED 357,000 · Jun 2019June 2019 | 18,000 /yr |
108, MAG 520 in numbers
- Sold once: by MAG on 20 May 2019 for AED 347,000, or AED 998 per sqft.
- Rented since March 2022 on 4 Ejari contracts, from AED 20,000 to AED 34,000 a year.
- At AED 34,000 a year the gross yield on the 2019 price is 9.8%, before a service charge of about AED 6,200 a year (AED 17.72 per sqft).
Source: Dubai Land Department. Updated 1 April 2025.
Questions about 108, MAG 520
What did unit 108 last sell for?
AED 347,000 on 20 May 2019, sold by the developer: AED 998 per sqft for 347 sqft. It is the only registered sale of the unit.
What is the rent for unit 108?
AED 34,000 a year on the contract renewed on 1 April 2025. The previous contract, from April 2024, was AED 34,000; the unit has been rented since March 2022.
How big is unit 108?
347 sqft (32.2 sqm): a studio on the 1st floor of a 6-storey tower completed in 2020.
What is unit 108 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 108, MAG 520
Starts from the last sale price (AED 347K, 20 May 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 347,000
- Deposit, UAE resident (20%)
- AED 69,400
- Deposit, non-resident (40%)
- AED 138,800
- Monthly over 25 years at 3.7%
- AED 1,420
Plus AED 17,484 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →