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2-bed · 669 sqftMAG 520, Dubai South · 2nd floor · completed 2020

205, MAG 520

Sold prices and rental history: sold once, by the developer in December 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 525K23 December 2020
Current rentAED 41K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 205, MAG 520

What is 205 worth today?

Last sold for AED 525,000 in 2020

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1 Jul 2024RentedRenewal
AED 40,800/yr12 months · AED 61 per sqft
1 Jul 2023RentedRenewal
AED 34,000/yr12 months · AED 51 per sqft
1 Jul 2022RentedNew contract
AED 32,000/yr12 months · AED 48 per sqft
23 Dec 2020Sold by developerReady
AED 525,000AED 785 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
669 sqft
Floor
2nd of 6
Parking
G-35
Developer
MAG
Completed
2020
Service charge
AED 11,800 /yr
Last sold
AED 525K · December 2020
Building
MAG 520

About 205, MAG 520

205 is a two-bedroom apartment of 669 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 23 December 2020 for AED 525,000, or AED 785 per sqft.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 40,800 a year: a gross yield of 7.8% on the 2020 price, before the service charge of about AED 11,800 a year.

Sales and rents for 205 over time

Rents
Unit 205, each contractTypical two-bed in MAG 520
30K40K50K2020202220242026Typical rent by year: 2020 AED 34,000; 2021 AED 34,000; 2022 AED 34,000; 2023 AED 40,000; 2024 AED 43,500; 2025 AED 52,500New contract, July 2022: AED 32,000 a yearRenewal, July 2023: AED 34,000 a yearRenewal, July 2024: AED 40,800 a year

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

2-beds in MAG 520, and where 205 sits

All 11 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
29 Apr 2025740,000
17 Mar 2020400,000
29 Sep 2019497,000
23 Sep 2019568,555
0 2-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 2nd floor

All 131 units in MAG 520
Value
2011-bedAED 480K · Sep 2019
202StudioAED 355K · Mar 2019
203StudioAED 370K · Mar 2019
2041-bedAED 420K · Apr 2019
2061-bedAED 432K · Mar 2019
207StudioAED 350K · Sep 2019
208StudioAED 385K · Nov 2023
1–7 of 21

205, MAG 520 in numbers

  • Sold once: by MAG on 23 December 2020 for AED 525,000, or AED 785 per sqft.
  • Rented since July 2022 on 3 Ejari contracts, from AED 32,000 to AED 40,800 a year.
  • At AED 40,800 a year the gross yield on the 2020 price is 7.8%, before a service charge of about AED 11,800 a year (AED 17.72 per sqft).

Source: Dubai Land Department. Updated 1 July 2024.

Questions about 205, MAG 520

What did unit 205 last sell for?

AED 525,000 on 23 December 2020, sold by the developer: AED 785 per sqft for 669 sqft. It is the only registered sale of the unit.

What is the rent for unit 205?

AED 40,800 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 34,000; the unit has been rented since July 2022.

How big is unit 205?

669 sqft (62.2 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 205 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 205, MAG 520

Starts from the last sale price (AED 525K, 23 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 525,000
Deposit, UAE resident (20%)
AED 105,000
Deposit, non-resident (40%)
AED 210,000
Monthly over 25 years at 3.7%
AED 2,148

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