409, MAG 530
Sold prices and rental history: sold twice, last in June 2024, 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 409, MAG 530
What is 409 worth today?
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Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 638 sqft
- Floor
- 4th of 6
- Parking
- G-55
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,300 /yr
- Last sold
- AED 413K · June 2024
- Building
- MAG 530
About 409, MAG 530
409 is a one-bedroom apartment of 638 sqft on the 4th floor of MAG 530, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 6 June 2024 for AED 413,000, or AED 647 per sqft, 16% below the AED 770 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 45,000 a year: a gross yield of 10.9% on the 2024 price, before the service charge of about AED 10,300 a year.
Sales and rents for 409 over time
409 has sold twice; 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 409 sits
All 64 1-beds →409 last sold in June 2024 at AED 647 per sqft, 16% below what one-beds in MAG 530 were fetching at the time (AED 770). 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. 409's AED 45,000 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 4th floor
All 92 units in MAG 530| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,036 sqft | AED 816KAED 815,555 · Jul 2017July 2017 | 74,550 /yr | |
| 402 | 666 sqft | AED 730KAED 730,000 · Aug 2025August 2025 | |||
| 403 | Studio | 476 sqft | AED 404KAED 404,397 · Aug 2017August 2017 | 28,200 /yr | |
| 404 | 1-bed | 638 sqft | AED 516KAED 515,555 · Aug 2018August 2018 | 42,000 /yr | |
| 405 | 2-bed | 1,005 sqft | AED 1.15MAED 1,150,000 · Jun 2025June 2025 | 68,500 /yr | |
| 406 | 1-bed | 666 sqft | AED 541KAED 540,555 · Mar 2017March 2017 | 40,000 /yr | |
| 407 | Studio | 473 sqft | AED 456KAED 455,555 · Dec 2016December 2016 | 35,000 /yr | |
| 408 | 1-bed | 638 sqft | AED 575KAED 575,000 · Aug 2024August 2024 | 39,360 /yr | |
| 410 | 1-bed | 638 sqft | AED 625KAED 625,000 · May 2025May 2025 | 55,000 /yr | |
| 411 | 1-bed | 623 sqft | AED 528KAED 527,522 · Aug 2017August 2017 | 30,000 /yr | |
| 412 | 1-bed | 624 sqft | AED 556KAED 555,500 · Jul 2017July 2017 | 52,000 /yr | |
| 413 | 1-bed | 654 sqft | AED 550KAED 550,000 · Aug 2017August 2017 | 29,000 /yr | |
| 414 | 1-bed | 654 sqft | AED 550KAED 550,000 · May 2023May 2023 | 44,000 /yr | |
| 415 | 1-bed | 663 sqft | AED 560KAED 560,000 · Jan 2018January 2018 | 34,000 /yr |
409, MAG 530 in numbers
- Sold twice: first on 6 April 2017 for AED 540,555, last on 6 June 2024 for AED 413,000 (AED 647 per sqft).
- Rented since August 2020 on 4 Ejari contracts, from AED 28,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2024 price is 10.9%, before a service charge of about AED 10,300 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 2025.
Questions about 409, MAG 530
What did unit 409 last sell for?
AED 413,000 on 6 June 2024: AED 647 per sqft for 638 sqft. The unit has 2 registered sales; the first was AED 540,555 in April 2017.
What is the rent for unit 409?
AED 45,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2023, was AED 30,000; the unit has been rented since August 2020.
How big is unit 409?
638 sqft (59.3 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.
What is unit 409 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 409, MAG 530
Starts from the last sale price (AED 413K, 6 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 413,000
- Deposit, UAE resident (20%)
- AED 82,600
- Deposit, non-resident (40%)
- AED 165,200
- Monthly over 25 years at 3.7%
- AED 1,690
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →