1-bed · 666 sqftMAG 530, Dubai South · 2nd floor · completed 2020

202, MAG 530

Sold prices and rental history: sold once, by the developer in August 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 578K29 August 2018
Current rentAED 32K /yr10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, MAG 530

What is 202 worth today?

Last sold for AED 577,777 in 2018

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10 Sep 2024RentedRenewal
AED 32,000/yr12 months · AED 48 per sqft
10 Sep 2023RentedRenewal
AED 28,000/yr12 months · AED 42 per sqft
10 Sep 2022RentedRenewal
AED 28,000/yr12 months · AED 42 per sqft
10 Sep 2021RentedRenewal
AED 28,000/yr12 months · AED 42 per sqft
10 Sep 2020RentedNew contract
AED 28,000/yr12 months · AED 42 per sqft
1 Sep 2019RentedNew contract
AED 28,000/yr12 months · AED 42 per sqft
29 Aug 2018Sold by developerOff-plan
AED 577,777AED 867 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
1-bed apartment
Size
666 sqft
Floor
2nd of 6
Parking
G-17
Developer
MAG
Completed
2020
Service charge
AED 10,700 /yr
Last sold
AED 578K · August 2018
Building
MAG 530

About 202, MAG 530

202 is a one-bedroom apartment of 666 sqft on the 2nd floor of MAG 530, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 29 August 2018 for AED 577,777, or AED 867 per sqft, in line with the AED 854 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 10 September 2024, is AED 32,000 a year: a gross yield of 5.5% on the 2018 price, before the service charge of about AED 10,700 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical one-bed in MAG 530
500K600K2017202020232026Typical sale price by year: 2017 AED 549,000; 2018 AED 541,416; 2019 AED 534,805; 2023 AED 497,500; 2024 AED 530,000; 2025 AED 640,000Sold by developer, August 2018: AED 577,777 (AED 867 per sqft)

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

Rents
Unit 202, each contractTypical one-bed in MAG 530
40K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 28,000; 2021 AED 26,000; 2022 AED 28,000; 2023 AED 33,000; 2024 AED 40,500; 2025 AED 50,000; 2026 AED 47,000New contract, September 2019: AED 28,000 a yearNew contract, September 2020: AED 28,000 a yearRenewal, September 2021: AED 28,000 a yearRenewal, September 2022: AED 28,000 a yearRenewal, September 2023: AED 28,000 a yearRenewal, September 2024: AED 32,000 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 530, and where 202 sits

All 64 1-beds →

202 last sold in August 2018 at AED 867 per sqft, in line with what one-beds in MAG 530 were fetching at the time (AED 854). 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. 202's AED 32,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Dec 2025745,000
30 May 2025700,000
8 May 2025625,000
27 Mar 2025625,000
1 1-bed sale in the last 12 months

MAG 530

Building

92 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%
MAG 530, Dubai South: prices, sales and rents →

Other units on the 2nd floor

All 92 units in MAG 530
Value
2012-bedAED 821K · Apr 2018
203StudioAED 456K · Aug 2018
2041-bedAED 541K · Mar 2017
2052-bedAED 683K · Nov 2018
2061-bedAED 537K · Jul 2017
207StudioAED 270K · Mar 2021
2081-bedAED 530K · Mar 2018
1–7 of 14

202, MAG 530 in numbers

  • Sold once: by MAG on 29 August 2018 for AED 577,777, or AED 867 per sqft.
  • Rented since September 2019 on 6 Ejari contracts, from AED 28,000 to AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2018 price is 5.5%, before a service charge of about AED 10,700 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 10 September 2024.

Questions about 202, MAG 530

What did unit 202 last sell for?

AED 577,777 on 29 August 2018, sold by the developer: AED 867 per sqft for 666 sqft. It is the only registered sale of the unit.

What is the rent for unit 202?

AED 32,000 a year on the contract renewed on 10 September 2024. The previous contract, from September 2023, was AED 28,000; the unit has been rented since September 2019.

How big is unit 202?

666 sqft (61.9 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 202 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 202, MAG 530

Starts from the last sale price (AED 578K, 29 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 577,777
Deposit, UAE resident (20%)
AED 115,555
Deposit, non-resident (40%)
AED 231,111
Monthly over 25 years at 3.7%
AED 2,364

Plus AED 29,277 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →