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1-bed · 622 sqftMAG 520, Dubai South · 2nd floor · completed 2020

213, MAG 520

Sold prices and rental history: sold twice, last in June 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 213 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 480K14 June 2023
Current rentAED 36K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 213, MAG 520

What is 213 worth today?

Last sold for AED 480,000 in 2023

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1 Oct 2024RentedRenewal
AED 35,700/yr12 months · AED 57 per sqft
1 Oct 2023RentedNew contract
AED 34,000/yr12 months · AED 54 per sqft
14 Jun 2023SoldReady
AED 480,000AED 771 per sqft
28 May 2020RentedNew contract
AED 25,000/yr12 months · AED 40 per sqft
1 Mar 2020Sold by developerOff-plan
AED 480,000AED 771 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
622 sqft
Floor
2nd of 6
Parking
G-37
Developer
MAG
Completed
2020
Service charge
AED 11,000 /yr
Last sold
AED 480K · June 2023
Building
MAG 520

About 213, MAG 520

213 is a one-bedroom apartment of 622 sqft on the 2nd floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 14 June 2023 for AED 480,000, or AED 771 per sqft, 8% above the AED 714 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 35,700 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 11,000 a year.

Sales and rents for 213 over time

Sales
Unit 213, each saleTypical one-bed in MAG 520
400K600K20182020202220242026Typical 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, March 2020: AED 480,000 (AED 771 per sqft)Sold, June 2023: AED 480,000 (AED 771 per sqft)

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

Rents
Unit 213, 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, May 2020: AED 25,000 a yearNew contract, October 2023: AED 34,000 a yearRenewal, October 2024: AED 35,700 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 213 sits

All 60 1-beds →

213 last sold in June 2023 at AED 771 per sqft, 8% above what one-beds in MAG 520 were fetching at the time (AED 714). 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. 213's AED 35,700 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 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
2052-bedAED 525K · Dec 2020
2061-bedAED 432K · Mar 2019
207StudioAED 350K · Sep 2019
1–7 of 21

213, MAG 520 in numbers

  • Sold twice: first on 1 March 2020 for AED 480,000, last on 14 June 2023 for AED 480,000 (AED 771 per sqft).
  • Rented since May 2020 on 3 Ejari contracts, from AED 25,000 to AED 35,700 a year.
  • At AED 35,700 a year the gross yield on the 2023 price is 7.4%, before a service charge of about AED 11,000 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 October 2024.

Questions about 213, MAG 520

What did unit 213 last sell for?

AED 480,000 on 14 June 2023: AED 771 per sqft for 622 sqft. The unit has 2 registered sales; the first was AED 480,000 in March 2020.

What is the rent for unit 213?

AED 35,700 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 34,000; the unit has been rented since May 2020.

How big is unit 213?

622 sqft (57.8 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 213 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 213, MAG 520

Starts from the last sale price (AED 480K, 14 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

Plus AED 23,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →