203, MAG 540
Sold prices and rental history: sold twice, last in September 2022, and rented once, from January 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, MAG 540
What is 203 worth today?
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Source: Dubai Land Department. Updated 27 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 476 sqft
- Floor
- 2nd of 6
- Parking
- G-17
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,500 /yr
- Last sold
- AED 275K · September 2022
- Building
- MAG 540
About 203, MAG 540
203 is a studio of 476 sqft on the 2nd floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 7 September 2022 for AED 275,000, or AED 577 per sqft, in line with the AED 567 studios in the building were fetching at the time.
One Ejari contract is registered, from 27 January 2025. The current contract, renewed on 27 January 2025, is AED 41,000 a year: a gross yield of 14.9% on the 2022 price, before the service charge of about AED 7,500 a year.
Sales and rents for 203 over time
203 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in MAG 540, and where 203 sits
All 12 studios →203 last sold in September 2022 at AED 577 per sqft, in line with what studios in MAG 540 were fetching at the time (AED 567). 203's AED 41,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jun 20239 June 2023 | 476 sqft | 300,000 | 630 | ||
| 18 Apr 202318 April 2023 | 476 sqft | 302,000 | 634 | ||
| 13 Mar 202313 March 2023 | 476 sqft | 270,000 | 567 | ||
| 28 Dec 202228 December 2022 | 476 sqft | 275,000 | 577 |
MAG 540
Building85 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 1 sold in the last 12 months.
- Typical price per sqft
- AED 986
- Typical sale
- AED 950K
- Typical rent
- AED 58K /yr
- Typical yield
- 8.9%
Other units on the 2nd floor
All 85 units in MAG 540| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 1,039 sqft | AED 850KAED 850,000 · Apr 2024April 2024 | 75,000 /yr | |
| 202 | 1-bed | 665 sqft | AED 390KAED 390,000 · May 2022May 2022 | 35,000 /yr | |
| 204 | 1-bed | 640 sqft | AED 546KAED 545,957 · Jun 2016June 2016 | 64,000 /yr | |
| 205 | 2-bed | 1,005 sqft | AED 750KAED 750,000 · Aug 2022August 2022 | 60,000 /yr | |
| 206 | 1-bed | 665 sqft | AED 400KAED 400,000 · Jun 2021June 2021 | 57,000 /yr | |
| 207 | Studio | 476 sqft | AED 270KAED 270,000 · Sep 2022September 2022 | 31,500 /yr | |
| 208 | 1-bed | 640 sqft | AED 551KAED 550,957 · Jun 2016June 2016 | 64,000 /yr | |
| 209 | 1-bed | 640 sqft | AED 547KAED 547,000 · Feb 2019February 2019 | 52,000 /yr | |
| 210 | 1-bed | 638 sqft | AED 645KAED 645,000 · Jun 2025June 2025 | 53,000 /yr | |
| 211 | 636 sqft | AED 555KAED 555,395 · May 2016May 2016 | 34,716 /yr | ||
| 212 | 1-bed | 638 sqft | AED 610KAED 610,000 · Jun 2024June 2024 | 38,000 /yr | |
| 213 | 2-bed | 963 sqft | AED 950KAED 950,000 · Nov 2025November 2025 | 55,000 /yr | |
| 214 | 2-bed | 963 sqft | AED 780KAED 780,194 · May 2018May 2018 | 70,000 /yr |
203, MAG 540 in numbers
- Sold twice: first on 28 September 2016 for AED 385,555, last on 7 September 2022 for AED 275,000 (AED 577 per sqft).
- Rented since January 2025 on one Ejari contract, at AED 41,000 a year.
- At AED 41,000 a year the gross yield on the 2022 price is 14.9%, before a service charge of about AED 7,500 a year (AED 15.65 per sqft).
Source: Dubai Land Department. Updated 27 January 2025.
Questions about 203, MAG 540
What did unit 203 last sell for?
AED 275,000 on 7 September 2022: AED 577 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 385,555 in September 2016.
What is the rent for unit 203?
AED 41,000 a year on the contract renewed on 27 January 2025.
How big is unit 203?
476 sqft (44.2 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.
What is unit 203 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 203, MAG 540
Starts from the last sale price (AED 275K, 7 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 275,000
- Deposit, UAE resident (20%)
- AED 55,000
- Deposit, non-resident (40%)
- AED 110,000
- Monthly over 25 years at 3.7%
- AED 1,125
Plus AED 14,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →