212, MAG 530
Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 212, MAG 530
What is 212 worth today?
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Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 624 sqft
- Floor
- 2nd of 6
- Parking
- G-27
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,100 /yr
- Last sold
- AED 537K · October 2017
- Building
- MAG 530
About 212, MAG 530
212 is a one-bedroom apartment of 624 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 15 October 2017 for AED 536,810, or AED 859 per sqft, in line with the AED 849 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 August 2024, is AED 48,000 a year: a gross yield of 8.9% on the 2017 price, before the service charge of about AED 10,100 a year.
Sales and rents for 212 over time
212 has sold once; 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 212 sits
All 64 1-beds →212 last sold in October 2017 at AED 859 per sqft, in line with what one-beds in MAG 530 were fetching at the time (AED 849). 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. 212's AED 48,000 is in the lower half 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 2nd floor
All 92 units in MAG 530| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,036 sqft | AED 821KAED 820,555 · Apr 2018April 2018 | 62,000 /yr | |
| 202 | 1-bed | 666 sqft | AED 578KAED 577,777 · Aug 2018August 2018 | 32,000 /yr | |
| 203 | Studio | 476 sqft | AED 456KAED 455,555 · Aug 2018August 2018 | 26,136 /yr | |
| 204 | 1-bed | 638 sqft | AED 541KAED 540,555 · Mar 2017March 2017 | 55,000 /yr | |
| 205 | 2-bed | 1,005 sqft | AED 683KAED 682,531 · Nov 2018November 2018 | ||
| 206 | 1-bed | 666 sqft | AED 537KAED 537,000 · Jul 2017July 2017 | 62,000 /yr | |
| 207 | Studio | 473 sqft | AED 270KAED 270,000 · Mar 2021March 2021 | 44,000 /yr | |
| 208 | 1-bed | 638 sqft | AED 530KAED 530,000 · Mar 2018March 2018 | 60,000 /yr | |
| 209 | 1-bed | 638 sqft | AED 525KAED 525,000 · Oct 2018October 2018 | 30,000 /yr | |
| 210 | 1-bed | 638 sqft | AED 546KAED 546,340 · Sep 2017September 2017 | ||
| 211 | 1-bed | 623 sqft | AED 530KAED 530,000 · Jul 2017July 2017 | 57,000 /yr | |
| 213 | 1-bed | 654 sqft | AED 485KAED 485,000 · Mar 2024March 2024 | 28,000 /yr | |
| 214 | 1-bed | 654 sqft | AED 565KAED 565,000 · Oct 2018October 2018 | 60,000 /yr | |
| 215 | 1-bed | 663 sqft | AED 530KAED 530,000 · Jul 2024July 2024 | 41,580 /yr |
212, MAG 530 in numbers
- Sold once: by MAG on 15 October 2017 for AED 536,810, or AED 859 per sqft.
- Rented since June 2020 on 5 Ejari contracts. The rent fell from AED 25,000 to AED 22,000 in 2021 and recovered to AED 48,000 by August 2024.
- At AED 48,000 a year the gross yield on the 2017 price is 8.9%, before a service charge of about AED 10,100 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 1 August 2024.
Questions about 212, MAG 530
What did unit 212 last sell for?
AED 536,810 on 15 October 2017, sold by the developer: AED 859 per sqft for 624 sqft. It is the only registered sale of the unit.
What is the rent for unit 212?
AED 48,000 a year on the contract signed on 1 August 2024. The previous contract, from July 2023, was AED 35,000; the unit has been rented since June 2020.
How big is unit 212?
624 sqft (58.0 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.
What is unit 212 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 212, MAG 530
Starts from the last sale price (AED 537K, 15 October 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 536,810
- Deposit, UAE resident (20%)
- AED 107,362
- Deposit, non-resident (40%)
- AED 214,724
- Monthly over 25 years at 3.7%
- AED 2,196
Plus AED 27,556 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →