Studio · 365 sqftMAG 520, Dubai South · 3rd floor · completed 2020

303, MAG 520

Sold prices and rental history: sold twice, last in February 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 7 April 2025
Last soldAED 420K10 February 2025
Current rentAED 37K /yr7 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, MAG 520

What is 303 worth today?

Last sold for AED 420,000 in 2025

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7 Apr 2025RentedNew contract
AED 37,000/yr12 months · AED 101 per sqft
10 Feb 2025SoldReady
AED 420,000AED 1,150 per sqft
12 Feb 2022RentedNew contract
AED 18,000/yr12 months · AED 49 per sqft
23 Sep 2019Sold by developerOff-plan
AED 365,000AED 999 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 April 2025.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
3rd of 6
Parking
G-50
Developer
MAG
Completed
2020
Service charge
AED 6,500 /yr
Last sold
AED 420K · February 2025
Building
MAG 520

About 303, MAG 520

303 is a studio of 365 sqft on the 3rd floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 10 February 2025 for AED 420,000, or AED 1,150 per sqft, 8% above the AED 1,068 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 7 April 2025, is AED 37,000 a year: a gross yield of 8.8% on the 2025 price, before the service charge of about AED 6,500 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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, September 2019: AED 365,000 (AED 999 per sqft)Sold, February 2025: AED 420,000 (AED 1,150 per sqft)

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

Rents
Unit 303, 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 35,500New contract, February 2022: AED 18,000 a yearNew contract, April 2025: AED 37,000 a year

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 303 sits

All 60 studios →

303 last sold in February 2025 at AED 1,150 per sqft, 8% above what studios in MAG 520 were fetching at the time (AED 1,068). 303's AED 37,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
8 Nov 2024390,000
25 Sep 2024412,000
12 Jul 2024388,000
4 Jul 2024400,000
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
302StudioAED 310K · Jun 2023
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

303, MAG 520 in numbers

  • Sold twice: first on 23 September 2019 for AED 365,000, last on 10 February 2025 for AED 420,000 (AED 1,150 per sqft).
  • Rented since February 2022 on 2 Ejari contracts, from AED 18,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2025 price is 8.8%, before a service charge of about AED 6,500 a year (AED 17.72 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 7 April 2025.

Questions about 303, MAG 520

What did unit 303 last sell for?

AED 420,000 on 10 February 2025: AED 1,150 per sqft for 365 sqft. The unit has 2 registered sales; the first was AED 365,000 in September 2019.

What is the rent for unit 303?

AED 37,000 a year on the contract signed on 7 April 2025. The previous contract, from February 2022, was AED 18,000.

How big is unit 303?

365 sqft (33.9 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 303 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 303, MAG 520

Starts from the last sale price (AED 420K, 10 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

Plus AED 20,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →