2-bed · 669 sqftMAG 520, Dubai South · 3rd floor · completed 2020

305, MAG 520

Sold prices and rental history: sold once, by the developer in September 2019, and rented once, from October 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 15 October 2022
Last soldAED 569K23 September 2019
Current rentAED 34K /yr15 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, MAG 520

What is 305 worth today?

Last sold for AED 568,555 in 2019

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15 Oct 2022RentedNew contract
AED 34,000/yr12 months · AED 51 per sqft
23 Sep 2019Sold by developerOff-plan
AED 568,555AED 850 per sqft

Source: Dubai Land Department. Updated 15 October 2022.

Key facts

Type
2-bed apartment
Size
669 sqft
Floor
3rd of 6
Parking
G-52
Developer
MAG
Completed
2020
Service charge
AED 11,800 /yr
Last sold
AED 569K · September 2019
Building
MAG 520

About 305, MAG 520

305 is a two-bedroom apartment of 669 sqft on the 3rd 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 568,555, or AED 850 per sqft, 14% above the AED 744 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 October 2022. The current contract, signed on 15 October 2022, is AED 34,000 a year: a gross yield of 6.0% on the 2019 price, before the service charge of about AED 11,800 a year.

Sales and rents for 305 over time

Rents
Unit 305, each contractTypical two-bed in MAG 520
40K50K2020202220242026Typical 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, October 2022: AED 34,000 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 305 sits

All 11 2-beds →

305 last sold in September 2019 at AED 850 per sqft, 14% above what two-beds in MAG 520 were fetching at the time (AED 744).

Recent 2-bed salesUnit no.Price (AED)Summary
29 Apr 2025740,000
23 Dec 2020525,000
17 Mar 2020400,000
29 Sep 2019497,000
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 3rd floor

All 131 units in MAG 520
Value
3011-bedAED 480K · May 2019
302StudioAED 310K · Jun 2023
303StudioAED 420K · Feb 2025
3041-bedAED 459K · Jul 2019
3061-bedAED 484K · Mar 2019
307StudioAED 380K · Sep 2019
308StudioAED 280K · Aug 2022
1–7 of 21

305, MAG 520 in numbers

  • Sold once: by MAG on 23 September 2019 for AED 568,555, or AED 850 per sqft.
  • Rented since October 2022 on one Ejari contract, at AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2019 price is 6.0%, before a service charge of about AED 11,800 a year (AED 17.72 per sqft).

Source: Dubai Land Department. Updated 15 October 2022.

Questions about 305, MAG 520

What did unit 305 last sell for?

AED 568,555 on 23 September 2019, sold by the developer: AED 850 per sqft for 669 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 34,000 a year on the contract signed on 15 October 2022.

How big is unit 305?

669 sqft (62.2 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 305 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 305, MAG 520

Starts from the last sale price (AED 569K, 23 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 568,555
Deposit, UAE resident (20%)
AED 113,711
Deposit, non-resident (40%)
AED 227,422
Monthly over 25 years at 3.7%
AED 2,326

Plus AED 28,889 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →