202, MAG 520
Sold prices and rental history: sold once, by the developer in March 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 202, MAG 520
What is 202 worth today?
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Source: Dubai Land Department. Updated 3 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 387 sqft
- Floor
- 2nd of 6
- Parking
- G-26
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,900 /yr
- Last sold
- AED 355K · March 2019
- Building
- MAG 520
About 202, MAG 520
202 is a studio of 387 sqft on the 2nd floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 3 March 2019 for AED 355,000, or AED 917 per sqft, 4% below the AED 954 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 3 August 2025, is AED 23,805 a year: a gross yield of 6.7% on the 2019 price, before the service charge of about AED 6,900 a year.
Sales and rents for 202 over time
202 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 202 sits
All 60 studios →202 last sold in March 2019 at AED 917 per sqft, 4% below what studios in MAG 520 were fetching at the time (AED 954). 202's AED 23,805 is at the bottom 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 2nd floor
All 131 units in MAG 520| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 628 sqft | AED 480KAED 480,000 · Sep 2019September 2019 | 32,000 /yr | |
| 203 | Studio | 365 sqft | AED 370KAED 370,000 · Mar 2019March 2019 | 40,000 /yr | |
| 204 | 1-bed | 478 sqft | AED 420KAED 420,000 · Apr 2019April 2019 | 49,000 /yr | |
| 205 | 2-bed | 669 sqft | AED 525KAED 525,000 · Dec 2020December 2020 | 40,800 /yr | |
| 206 | 1-bed | 483 sqft | AED 432KAED 432,180 · Mar 2019March 2019 | 45,000 /yr | |
| 207 | Studio | 387 sqft | AED 350KAED 350,000 · Sep 2019September 2019 | 33,000 /yr | |
| 208 | Studio | 347 sqft | AED 385KAED 385,000 · Nov 2023November 2023 | 19,000 /yr | |
| 209 | 1-bed | 478 sqft | AED 453KAED 453,302 · Mar 2019March 2019 | 26,000 /yr | |
| 210 | 2-bed | 667 sqft | AED 740KAED 740,000 · Apr 2025April 2025 | 55,000 /yr | |
| 211 | 1-bed | 483 sqft | AED 425KAED 425,000 · Mar 2019March 2019 | 42,000 /yr | |
| 212 | 1-bed | 656 sqft | AED 550KAED 550,000 · Dec 2019December 2019 | 48,000 /yr | |
| 213 | 1-bed | 622 sqft | AED 480KAED 480,000 · Jun 2023June 2023 | 35,700 /yr | |
| 214 | 1-bed | 638 sqft | AED 480KAED 480,000 · Jul 2019July 2019 | 52,000 /yr | |
| 215 | Studio | 410 sqft | AED 272KAED 271,874 · Apr 2021April 2021 | 27,000 /yr | |
| 216 | Studio | 410 sqft | AED 406KAED 406,000 · Sep 2019September 2019 | 42,000 /yr | |
| 217 | Studio | 437 sqft | AED 380KAED 380,000 · Sep 2019September 2019 | 38,000 /yr | |
| 218 | Studio | 437 sqft | AED 380KAED 380,000 · Sep 2019September 2019 | 28,000 /yr | |
| 219 | 1-bed | 514 sqft | AED 515KAED 515,000 · Jul 2024July 2024 | 37,800 /yr | |
| 220 | 1-bed | 514 sqft | AED 436KAED 436,000 · Jul 2019July 2019 | 22,000 /yr | |
| 221 | Studio | 360 sqft | AED 357KAED 357,000 · May 2019May 2019 | ||
| 222 | Studio | 360 sqft | AED 357KAED 357,000 · Apr 2019April 2019 | 40,000 /yr |
202, MAG 520 in numbers
- Sold once: by MAG on 3 March 2019 for AED 355,000, or AED 917 per sqft.
- Rented since August 2021 on 5 Ejari contracts, from AED 16,000 to AED 23,805 a year.
- At AED 23,805 a year the gross yield on the 2019 price is 6.7%, before a service charge of about AED 6,900 a year (AED 17.72 per sqft).
Source: Dubai Land Department. Updated 3 August 2025.
Questions about 202, MAG 520
What did unit 202 last sell for?
AED 355,000 on 3 March 2019, sold by the developer: AED 917 per sqft for 387 sqft. It is the only registered sale of the unit.
What is the rent for unit 202?
AED 23,805 a year on the contract renewed on 3 August 2025. The previous contract, from August 2024, was AED 20,700; the unit has been rented since August 2021.
How big is unit 202?
387 sqft (36.0 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.
What is unit 202 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 202, MAG 520
Starts from the last sale price (AED 355K, 3 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 355,000
- Deposit, UAE resident (20%)
- AED 71,000
- Deposit, non-resident (40%)
- AED 142,000
- Monthly over 25 years at 3.7%
- AED 1,452
Plus AED 17,820 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →