1-bed · 640 sqftMAG 540, Dubai South · 2nd floor · completed 2020

209, MAG 540

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

Unit 209 · DLD and Ejari recordsUpdated 2 August 2025
Last soldAED 547K17 February 2019
Current rentAED 52K /yr2 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, MAG 540

What is 209 worth today?

Last sold for AED 547,000 in 2019

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2 Aug 2025RentedNew contract
AED 52,000/yr12 months · AED 81 per sqft
1 Mar 2025RentedNew contract
AED 44,000/yr12 months · AED 69 per sqft
1 Mar 2024RentedNew contract
AED 42,000/yr12 months · AED 66 per sqft
1 Feb 2023RentedRenewal
AED 30,000/yr12 months · AED 47 per sqft
1 Feb 2021RentedNew contract
AED 24,000/yr12 months · AED 37 per sqft
1 Dec 2019RentedNew contract
AED 28,000/yr13 months · AED 44 per sqft
17 Feb 2019Sold by developerReady
AED 547,000AED 854 per sqft

Source: Dubai Land Department. Updated 2 August 2025.

Key facts

Type
1-bed apartment
Size
640 sqft
Floor
2nd of 6
Parking
G-23
Developer
MAG
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 547K · February 2019
Building
MAG 540

About 209, MAG 540

209 is a one-bedroom apartment of 640 sqft on the 2nd floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 17 February 2019 for AED 547,000, or AED 854 per sqft.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 2 August 2025, is AED 52,000 a year: a gross yield of 9.5% on the 2019 price, before the service charge of about AED 10,000 a year.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical one-bed in MAG 540
400K600K2016201920222025Typical sale price by year: 2016 AED 549,000; 2022 AED 423,742; 2023 AED 445,000; 2024 AED 600,000; 2025 AED 680,000Sold by developer, February 2019: AED 547,000 (AED 854 per sqft)

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

Rents
Unit 209, each contractTypical one-bed in MAG 540
20K40K60K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 33,000; 2021 AED 30,000; 2022 AED 34,000; 2023 AED 38,000; 2024 AED 44,000; 2025 AED 58,142; 2026 AED 68,000New contract, December 2019: AED 28,000 a yearNew contract, February 2021: AED 24,000 a yearRenewal, February 2023: AED 30,000 a yearNew contract, March 2024: AED 42,000 a yearNew contract, March 2025: AED 44,000 a yearNew contract, August 2025: AED 52,000 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 540, and where 209 sits

All 45 1-beds →

209's AED 52,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Jun 2025700,000
22 Jun 2025640,000
18 Jun 2025700,000
12 Jun 2025645,000
0 1-bed sales in the last 12 months

MAG 540

Building

85 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%
MAG 540, Dubai South: prices, sales and rents →

Other units on the 2nd floor

All 85 units in MAG 540
Value
2012-bedAED 850K · Apr 2024
2021-bedAED 390K · May 2022
203StudioAED 275K · Sep 2022
2041-bedAED 546K · Jun 2016
2052-bedAED 750K · Aug 2022
2061-bedAED 400K · Jun 2021
207StudioAED 270K · Sep 2022
1–7 of 13

209, MAG 540 in numbers

  • Sold once: by MAG on 17 February 2019 for AED 547,000, or AED 854 per sqft.
  • Rented since December 2019 on 6 Ejari contracts. The rent fell from AED 28,000 to AED 24,000 in 2021 and recovered to AED 52,000 by August 2025.
  • At AED 52,000 a year the gross yield on the 2019 price is 9.5%, before a service charge of about AED 10,000 a year (AED 15.65 per sqft).

Source: Dubai Land Department. Updated 2 August 2025.

Questions about 209, MAG 540

What did unit 209 last sell for?

AED 547,000 on 17 February 2019, sold by the developer: AED 854 per sqft for 640 sqft. It is the only registered sale of the unit.

What is the rent for unit 209?

AED 52,000 a year on the contract signed on 2 August 2025. The previous contract, from March 2025, was AED 44,000; the unit has been rented since December 2019.

How big is unit 209?

640 sqft (59.5 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 209 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 209, MAG 540

Starts from the last sale price (AED 547K, 17 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 547,000
Deposit, UAE resident (20%)
AED 109,400
Deposit, non-resident (40%)
AED 218,800
Monthly over 25 years at 3.7%
AED 2,238

Plus AED 27,984 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →