Studio · 387 sqftMAG 520, Dubai South · 3rd floor · completed 2020

302, MAG 520

Sold prices and rental history: sold twice, last in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 8 June 2023
Last soldAED 310K8 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, MAG 520

What is 302 worth today?

Last sold for AED 310,000 in 2023

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8 Jun 2023SoldReady
AED 310,000AED 801 per sqft
9 Dec 2018Sold by developerOff-plan
AED 379,000AED 979 per sqft

Source: Dubai Land Department. Updated 8 June 2023.

Key facts

Type
Studio apartment
Size
387 sqft
Floor
3rd of 6
Parking
G-49
Developer
MAG
Completed
2020
Service charge
AED 6,900 /yr
Last sold
AED 310K · June 2023
Building
MAG 520

About 302, MAG 520

302 is a studio of 387 sqft on the 3rd floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 8 June 2023 for AED 310,000, or AED 801 per sqft, in line with the AED 801 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical studio in MAG 520
300K400K2018202020222024Typical sale price by year: 2018 AED 360,000; 2019 AED 365,000; 2021 AED 271,874; 2023 AED 310,000; 2024 AED 390,000Sold by developer, December 2018: AED 379,000 (AED 979 per sqft)Sold, June 2023: AED 310,000 (AED 801 per sqft)

302 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 302, each contractTypical studio in MAG 520
20K30K40K2020202220242026Typical rent by year: 2020 AED 20,000; 2021 AED 18,000; 2022 AED 20,000; 2023 AED 23,500; 2024 AED 35,000; 2025 AED 38,000; 2026 AED 35,500

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 302 sits

All 60 studios →

302 last sold in June 2023 at AED 801 per sqft, in line with what studios in MAG 520 were fetching at the time (AED 801).

Recent studio salesUnit no.Price (AED)Summary
10 Feb 2025420,000
8 Nov 2024390,000
25 Sep 2024412,000
12 Jul 2024388,000
0 studio 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 3rd floor

All 131 units in MAG 520
Value
3011-bedAED 480K · May 2019
303StudioAED 420K · Feb 2025
3041-bedAED 459K · Jul 2019
3052-bedAED 569K · Sep 2019
3061-bedAED 484K · Mar 2019
307StudioAED 380K · Sep 2019
308StudioAED 280K · Aug 2022
1–7 of 21

302, MAG 520 in numbers

  • Sold twice: first on 9 December 2018 for AED 379,000, last on 8 June 2023 for AED 310,000 (AED 801 per sqft).

Source: Dubai Land Department. Updated 8 June 2023.

Questions about 302, MAG 520

What did unit 302 last sell for?

AED 310,000 on 8 June 2023: AED 801 per sqft for 387 sqft. The unit has 2 registered sales; the first was AED 379,000 in December 2018.

How big is unit 302?

387 sqft (36.0 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 302 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 302, MAG 520

Starts from the last sale price (AED 310K, 8 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 310,000
Deposit, UAE resident (20%)
AED 62,000
Deposit, non-resident (40%)
AED 124,000
Monthly over 25 years at 3.7%
AED 1,268

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