1-bed · 514 sqftMAG 520, Dubai South · 4th floor · completed 2020

419, MAG 520

Sold prices and rental history: sold once, by the developer in April 2019, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 419 · DLD and Ejari recordsUpdated 10 May 2024
Last soldAED 480K24 April 2019
Current rentAED 45K /yr10 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 419, MAG 520

What is 419 worth today?

Last sold for AED 480,000 in 2019

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10 May 2024RentedNew contract
AED 45,000/yr12 months · AED 88 per sqft
24 Apr 2019Sold by developerOff-plan
AED 480,000AED 934 per sqft

Source: Dubai Land Department. Updated 10 May 2024.

Key facts

Type
1-bed apartment
Size
514 sqft
Floor
4th of 6
Parking
G-88
Developer
MAG
Completed
2020
Service charge
AED 9,100 /yr
Last sold
AED 480K · April 2019
Building
MAG 520

About 419, MAG 520

419 is a one-bedroom apartment of 514 sqft on the 4th floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 24 April 2019 for AED 480,000, or AED 934 per sqft, 6% above the AED 881 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 May 2024. The current contract, signed on 10 May 2024, is AED 45,000 a year: a gross yield of 9.4% on the 2019 price, before the service charge of about AED 9,100 a year.

Sales and rents for 419 over time

Sales
Unit 419, each saleTypical one-bed in MAG 520
400K600K20182020202220242026Typical sale price by year: 2018 AED 467,000; 2019 AED 468,448; 2020 AED 480,000; 2021 AED 354,910; 2022 AED 449,708; 2023 AED 400,000; 2024 AED 490,000; 2025 AED 600,000Sold by developer, April 2019: AED 480,000 (AED 934 per sqft)

419 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 419, each contractTypical one-bed in MAG 520
20K40K20192021202320252027Typical rent by year: 2019 AED 26,500; 2020 AED 24,000; 2021 AED 24,000; 2022 AED 26,500; 2023 AED 28,350; 2024 AED 37,500; 2025 AED 42,000; 2026 AED 51,500New contract, May 2024: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in MAG 520, and where 419 sits

All 60 1-beds →

419 last sold in April 2019 at AED 934 per sqft, 6% above what one-beds in MAG 520 were fetching at the time (AED 881). Over the last 12 months one-beds sold for AED 590,000, around AED 1,233 per sqft, and rent for AED 40,000 to 57,000 a year. 419's AED 45,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jan 2026590,000
7 Jan 2026590,000
23 Jun 2025680,000
13 May 2025393,022
2 1-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 4th floor

All 131 units in MAG 520
Value
4011-bedAED 480K · Sep 2019
402StudioAED 360K · Jul 2019
403StudioAED 365K · Sep 2019
4041-bedAED 325K · Oct 2021
4052-bedAED 497K · May 2019
4061-bedAED 400K · Sep 2023
407StudioAED 380K · Sep 2019
1–7 of 20

419, MAG 520 in numbers

  • Sold once: by MAG on 24 April 2019 for AED 480,000, or AED 934 per sqft.
  • Rented since May 2024 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2019 price is 9.4%, before a service charge of about AED 9,100 a year (AED 17.72 per sqft).
  • One-beds in MAG 520 sold for AED 590,000–590,000 in the 12 months to November 2026; the building's median across all types is AED 1,233 per sqft.

Source: Dubai Land Department. Updated 10 May 2024.

Questions about 419, MAG 520

What did unit 419 last sell for?

AED 480,000 on 24 April 2019, sold by the developer: AED 934 per sqft for 514 sqft. It is the only registered sale of the unit.

What is the rent for unit 419?

AED 45,000 a year on the contract signed on 10 May 2024.

How big is unit 419?

514 sqft (47.8 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 419 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 520 sold for AED 590,000 to 590,000 in the last 12 months, around AED 1,233 per sqft.

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Mortgage on 419, MAG 520

Starts from the last sale price (AED 480K, 24 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

Plus AED 23,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →