401, MAG 525
Sold prices and rental history: sold once, by the developer in October 2018, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, MAG 525
What is 401 worth today?
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Source: Dubai Land Department. Updated 30 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,036 sqft
- Floor
- 4th of 6
- Parking
- G-46
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 17,800 /yr
- Last sold
- AED 739K · October 2018
- Building
- MAG 525
About 401, MAG 525
401 is a two-bedroom apartment of 1,036 sqft on the 4th floor of MAG 525, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 10 October 2018 for AED 739,189, or AED 713 per sqft, 4% below the AED 745 two-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 30 August 2024, is AED 60,000 a year: a gross yield of 8.1% on the 2018 price, before the service charge of about AED 17,800 a year.
Sales and rents for 401 over time
401 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in MAG 525, and where 401 sits
All 11 2-beds →401 last sold in October 2018 at AED 713 per sqft, 4% below what two-beds in MAG 525 were fetching at the time (AED 745).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Jul 202418 July 2024 | 1,008 sqft | 825,000 | 818 | ||
| 23 May 202423 May 2024 | 1,005 sqft | 835,000 | 830 | ||
| 16 Feb 202316 February 2023 | 1,037 sqft | 660,000 | 636 | ||
| 26 Oct 202226 October 2022 | 1,036 sqft | 680,000 | 656 |
MAG 525
Building92 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,140
- Typical sale
- AED 760K
- Typical rent
- AED 45K /yr
- Typical yield
- 7.0%
Other units on the 4th floor
All 92 units in MAG 525| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 666 sqft | AED 546KAED 545,555 · Jan 2017January 2017 | 58,000 /yr | |
| 403 | Studio | 476 sqft | AED 425KAED 424,999 · Jul 2024July 2024 | 23,100 /yr | |
| 404 | 1-bed | 641 sqft | AED 541KAED 540,555 · Aug 2017August 2017 | 60,000 /yr | |
| 405 | 2-bed | 1,005 sqft | AED 835KAED 835,000 · May 2024May 2024 | 6,768,750 /yr | |
| 406 | 1-bed | 666 sqft | AED 546KAED 545,555 · Jan 2017January 2017 | 30,000 /yr | |
| 407 | Studio | 473 sqft | AED 275KAED 275,000 · Aug 2022August 2022 | 27,805 /yr | |
| 408 | 1-bed | 641 sqft | AED 382KAED 382,000 · Aug 2022August 2022 | 36,650 /yr | |
| 409 | 1-bed | 638 sqft | AED 554KAED 553,500 · Oct 2019October 2019 | 51,000 /yr | |
| 410 | 1-bed | 638 sqft | AED 590KAED 590,000 · Dec 2024December 2024 | 24,000 /yr | |
| 411 | 1-bed | 623 sqft | AED 545KAED 544,500 · Oct 2017October 2017 | 52,000 /yr | |
| 412 | 1-bed | 624 sqft | AED 100KAED 100,000 · Jan 2018January 2018 | 50,000 /yr | |
| 413 | 1-bed | 654 sqft | AED 556KAED 555,555 · May 2017May 2017 | 50,000 /yr | |
| 414 | 1-bed | 654 sqft | AED 539KAED 538,888 · Aug 2017August 2017 | 55,000 /yr | |
| 415 | 1-bed | 663 sqft | AED 353KAED 352,500 · Sep 2021September 2021 | 45,000 /yr |
401, MAG 525 in numbers
- Sold once: by MAG on 10 October 2018 for AED 739,189, or AED 713 per sqft.
- Rented since August 2023 on 2 Ejari contracts, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2018 price is 8.1%, before a service charge of about AED 17,800 a year (AED 17.19 per sqft).
Source: Dubai Land Department. Updated 30 August 2024.
Questions about 401, MAG 525
What did unit 401 last sell for?
AED 739,189 on 10 October 2018, sold by the developer: AED 713 per sqft for 1,036 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 60,000 a year on the contract renewed on 30 August 2024. The previous contract, from August 2023, was AED 60,000.
How big is unit 401?
1,036 sqft (96.2 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.
What is unit 401 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 401, MAG 525
Starts from the last sale price (AED 739K, 10 October 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 739,189
- Deposit, UAE resident (20%)
- AED 147,838
- Deposit, non-resident (40%)
- AED 295,676
- Monthly over 25 years at 3.7%
- AED 3,024
Plus AED 36,056 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →