217, MAG 520
Sold prices and rental history: sold once, by the developer in September 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 217, MAG 520
What is 217 worth today?
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Source: Dubai Land Department. Updated 12 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 437 sqft
- Floor
- 2nd of 6
- Parking
- G-124
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,700 /yr
- Last sold
- AED 380K · September 2019
- Building
- MAG 520
About 217, MAG 520
217 is a studio of 437 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 September 2019 for AED 380,000, or AED 869 per sqft, 10% below the AED 967 studios in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 12 March 2025, is AED 38,000 a year: a gross yield of 10.0% on the 2019 price, before the service charge of about AED 7,700 a year.
Sales and rents for 217 over time
217 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 217 sits
All 60 studios →217 last sold in September 2019 at AED 869 per sqft, 10% below what studios in MAG 520 were fetching at the time (AED 967). 217's AED 38,000 is in the upper 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 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 | |
| 202 | Studio | 387 sqft | AED 355KAED 355,000 · Mar 2019March 2019 | 23,805 /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 | |
| 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 |
217, MAG 520 in numbers
- Sold once: by MAG on 23 September 2019 for AED 380,000, or AED 869 per sqft.
- Rented since February 2022 on 3 Ejari contracts, from AED 20,000 to AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2019 price is 10.0%, before a service charge of about AED 7,700 a year (AED 17.72 per sqft).
Source: Dubai Land Department. Updated 12 March 2025.
Questions about 217, MAG 520
What did unit 217 last sell for?
AED 380,000 on 23 September 2019, sold by the developer: AED 869 per sqft for 437 sqft. It is the only registered sale of the unit.
What is the rent for unit 217?
AED 38,000 a year on the contract signed on 12 March 2025. The previous contract, from March 2024, was AED 35,000; the unit has been rented since February 2022.
How big is unit 217?
437 sqft (40.6 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.
What is unit 217 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 217, MAG 520
Starts from the last sale price (AED 380K, 23 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 380,000
- Deposit, UAE resident (20%)
- AED 76,000
- Deposit, non-resident (40%)
- AED 152,000
- Monthly over 25 years at 3.7%
- AED 1,555
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →