113, MAG 530
Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 113, MAG 530
What is 113 worth today?
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Source: Dubai Land Department. Updated 20 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 654 sqft
- Floor
- 1st of 6
- Parking
- G-13
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,600 /yr
- Last sold
- AED 565K · August 2024
- Building
- MAG 530
About 113, MAG 530
113 is a one-bedroom apartment of 654 sqft on the 1st floor of MAG 530, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 20 August 2024 for AED 565,000, or AED 863 per sqft, 9% above the AED 791 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 7 February 2023, is AED 29,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 10,600 a year.
Sales and rents for 113 over time
113 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in MAG 530, and where 113 sits
All 64 1-beds →113 last sold in August 2024 at AED 863 per sqft, 9% above what one-beds in MAG 530 were fetching at the time (AED 791). Over the last 12 months one-beds sold for AED 745,000, around AED 1,166 per sqft, and rent for AED 40,000 to 60,000 a year. 113's AED 29,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Dec 202529 December 2025 | 638 sqft | 745,000 | 1,166 | ||
| 30 May 202530 May 2025 | 638 sqft | 700,000 | 1,096 | ||
| 8 May 20258 May 2025 | 638 sqft | 625,000 | 980 | ||
| 27 Mar 202527 March 2025 | 624 sqft | 625,000 | 1,001 |
MAG 530
Building92 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,137
- Typical sale
- AED 770K
- Typical rent
- AED 54K /yr
- Typical yield
- 6.9%
Other units on the 1st floor
All 92 units in MAG 530| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,036 sqft | AED 800KAED 800,000 · Aug 2024August 2024 | 42,000 /yr | |
| 102 | 1-bed | 666 sqft | AED 576KAED 575,555 · May 2017May 2017 | 31,500 /yr | |
| 103 | Studio | 476 sqft | AED 456KAED 455,555 · Jun 2018June 2018 | 30,000 /yr | |
| 104 | 1-bed | 638 sqft | AED 541KAED 540,555 · Mar 2017March 2017 | 42,000 /yr | |
| 105 | 2-bed | 1,005 sqft | No registered sale | 25,000 /yr | |
| 106 | 1-bed | 666 sqft | AED 566KAED 565,555 · May 2017May 2017 | 38,588 /yr | |
| 107 | Studio | 473 sqft | AED 440KAED 440,000 · Jul 2018July 2018 | ||
| 108 | 1-bed | 638 sqft | AED 529KAED 529,000 · Sep 2018September 2018 | 50,000 /yr | |
| 109 | 1-bed | 638 sqft | AED 450KAED 450,000 · Sep 2023September 2023 | 49,000 /yr | |
| 110 | 1-bed | 638 sqft | AED 437KAED 437,000 · Dec 2022December 2022 | 52,000 /yr | |
| 111 | 1-bed | 623 sqft | AED 530KAED 530,000 · Aug 2017August 2017 | 10,000 /yr | |
| 112 | 1-bed | 624 sqft | AED 520KAED 520,000 · Apr 2018April 2018 | 46,000 /yr | |
| 114 | 1-bed | 654 sqft | AED 570KAED 570,000 · Nov 2017November 2017 | 30,240 /yr | |
| 115 | 1-bed | 663 sqft | AED 630KAED 630,000 · Mar 2025March 2025 | 42,000 /yr |
113, MAG 530 in numbers
- Sold 3 times: first on 16 January 2018 for AED 537,277, last on 20 August 2024 for AED 565,000 (AED 863 per sqft).
- Rented since December 2019 on 4 Ejari contracts. The rent fell from AED 30,000 to AED 23,000 in 2021 and recovered to AED 29,000 by February 2023.
- At AED 29,000 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 10,600 a year (AED 16.14 per sqft).
- One-beds in MAG 530 sold for AED 745,000–745,000 in the 12 months to November 2026; the building's median across all types is AED 1,137 per sqft.
Source: Dubai Land Department. Updated 20 August 2024.
Questions about 113, MAG 530
What did unit 113 last sell for?
AED 565,000 on 20 August 2024: AED 863 per sqft for 654 sqft. The unit has 3 registered sales; the first was AED 537,277 in January 2018.
What is the rent for unit 113?
AED 29,000 a year on the contract renewed on 7 February 2023. The previous contract, from February 2022, was AED 26,000; the unit has been rented since December 2019.
How big is unit 113?
654 sqft (60.8 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.
What is unit 113 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 530 sold for AED 745,000 to 745,000 in the last 12 months, around AED 1,166 per sqft.
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Mortgage on 113, MAG 530
Starts from the last sale price (AED 565K, 20 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 565,000
- Deposit, UAE resident (20%)
- AED 113,000
- Deposit, non-resident (40%)
- AED 226,000
- Monthly over 25 years at 3.7%
- AED 2,312
Plus AED 28,740 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →