322, MAG 520
Sold prices and rental history: sold twice, last in July 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 322, MAG 520
What is 322 worth today?
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Source: Dubai Land Department. Updated 12 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 360 sqft
- Floor
- 3rd of 6
- Parking
- G-69
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,400 /yr
- Last sold
- AED 388K · July 2024
- Building
- MAG 520
About 322, MAG 520
322 is a studio of 360 sqft on the 3rd floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 12 July 2024 for AED 388,000, or AED 1,077 per sqft, 7% above the AED 1,008 studios in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 23,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 6,400 a year.
Sales and rents for 322 over time
322 has sold twice; 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 322 sits
All 60 studios →322 last sold in July 2024 at AED 1,077 per sqft, 7% above what studios in MAG 520 were fetching at the time (AED 1,008). 322's AED 23,000 is at the bottom 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 | ||
| 4 Jul 20244 July 2024 | 360 sqft | 400,000 | 1,110 |
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 3rd floor
All 131 units in MAG 520| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 628 sqft | AED 480KAED 480,000 · May 2019May 2019 | ||
| 302 | Studio | 387 sqft | AED 310KAED 310,000 · Jun 2023June 2023 | ||
| 303 | Studio | 365 sqft | AED 420KAED 420,000 · Feb 2025February 2025 | 37,000 /yr | |
| 304 | 1-bed | 478 sqft | AED 459KAED 458,720 · Jul 2019July 2019 | ||
| 305 | 2-bed | 669 sqft | AED 569KAED 568,555 · Sep 2019September 2019 | 34,000 /yr | |
| 306 | 1-bed | 483 sqft | AED 484KAED 484,050 · Mar 2019March 2019 | 26,000 /yr | |
| 307 | Studio | 387 sqft | AED 380KAED 380,000 · Sep 2019September 2019 | 41,000 /yr | |
| 308 | Studio | 347 sqft | AED 280KAED 280,000 · Aug 2022August 2022 | 37,500 /yr | |
| 309 | 1-bed | 478 sqft | AED 590KAED 590,000 · Jan 2026January 2026 | 40,000 /yr | |
| 310 | 2-bed | 667 sqft | AED 497KAED 497,000 · Sep 2019September 2019 | 44,000 /yr | |
| 311 | 1-bed | 483 sqft | AED 440KAED 440,000 · Mar 2019March 2019 | 39,000 /yr | |
| 312 | 1-bed | 656 sqft | AED 600KAED 600,000 · Mar 2025March 2025 | 57,000 /yr | |
| 313 | 1-bed | 622 sqft | AED 300KAED 300,000 · Nov 2022November 2022 | 51,000 /yr | |
| 314 | 1-bed | 638 sqft | AED 450KAED 450,000 · Sep 2023September 2023 | ||
| 315 | Studio | 410 sqft | AED 376KAED 376,000 · Apr 2019April 2019 | 36,000 /yr | |
| 316 | Studio | 410 sqft | AED 380KAED 380,000 · Apr 2019April 2019 | 34,000 /yr | |
| 317 | Studio | 437 sqft | AED 380KAED 380,000 · Sep 2019September 2019 | 23,500 /yr | |
| 318 | Studio | 437 sqft | AED 380KAED 380,000 · Sep 2019September 2019 | 38,000 /yr | |
| 319 | 1-bed | 514 sqft | AED 436KAED 436,000 · May 2019May 2019 | 40,000 /yr | |
| 320 | 1-bed | 514 sqft | AED 454KAED 454,000 · Nov 2018November 2018 | 47,000 /yr | |
| 321 | Studio | 360 sqft | AED 400KAED 400,000 · Jul 2024July 2024 | 40,000 /yr |
322, MAG 520 in numbers
- Sold twice: first on 20 March 2019 for AED 357,000, last on 12 July 2024 for AED 388,000 (AED 1,077 per sqft).
- Rented since December 2020 on 3 Ejari contracts, from AED 17,000 to AED 23,000 a year.
- At AED 23,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 6,400 a year (AED 17.72 per sqft).
Source: Dubai Land Department. Updated 12 July 2024.
Questions about 322, MAG 520
What did unit 322 last sell for?
AED 388,000 on 12 July 2024: AED 1,077 per sqft for 360 sqft. The unit has 2 registered sales; the first was AED 357,000 in March 2019.
What is the rent for unit 322?
AED 23,000 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 21,000; the unit has been rented since December 2020.
How big is unit 322?
360 sqft (33.4 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 322 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 322, MAG 520
Starts from the last sale price (AED 388K, 12 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 388,000
- Deposit, UAE resident (20%)
- AED 77,600
- Deposit, non-resident (40%)
- AED 155,200
- Monthly over 25 years at 3.7%
- AED 1,587
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →