640 sqftMAG 540, Dubai South · 4th floor · completed 2020

404, MAG 540

Sold prices and rental history: sold twice, last in September 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 8 September 2025
Last soldAED 730K8 September 2025
Current rentAED 56K /yr25 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, MAG 540

What is 404 worth today?

Last sold for AED 730,000 in 2025

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8 Sep 2025SoldReady
AED 730,000AED 1,140 per sqft
25 Feb 2025RentedRenewal
AED 55,946/yr3 months · AED 87 per sqft
25 Feb 2024RentedRenewal
AED 43,000/yr12 months · AED 67 per sqft
25 Feb 2021RentedNew contract
AED 30,000/yr12 months · AED 47 per sqft
13 Feb 2020RentedNew contract
AED 40,000/yr12 months · AED 63 per sqft
7 Jun 2016Sold by developerOff-plan
AED 555,957AED 868 per sqft

Source: Dubai Land Department. Updated 8 September 2025.

Key facts

Type
Apartment
Size
640 sqft
Floor
4th of 6
Parking
G-47
Developer
MAG
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 730K · September 2025
Building
MAG 540

About 404, MAG 540

404 is an apartment of 640 sqft on the 4th floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 8 September 2025 for AED 730,000, or AED 1,140 per sqft.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 25 February 2025, is AED 55,946 a year: a gross yield of 7.7% on the 2025 price, before the service charge of about AED 10,000 a year.

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 4th floor

All 85 units in MAG 540
Value
4012-bedAED 700K · Oct 2023
4021-bedAED 680K · Apr 2025
403StudioAED 401K · Jul 2016
4052-bedAED 699K · Sep 2022
4061-bedAED 561K · Jun 2016
407StudioAED 396K · Jul 2016
4081-bedAED 467K · Dec 2022
1–7 of 13

404, MAG 540 in numbers

  • Sold twice: first on 7 June 2016 for AED 555,957, last on 8 September 2025 for AED 730,000 (AED 1,140 per sqft).
  • Rented since February 2020 on 4 Ejari contracts. The rent fell from AED 40,000 to AED 30,000 in 2021 and recovered to AED 55,946 by February 2025.
  • At AED 55,946 a year the gross yield on the 2025 price is 7.7%, before a service charge of about AED 10,000 a year (AED 15.65 per sqft).

Source: Dubai Land Department. Updated 8 September 2025.

Questions about 404, MAG 540

What did unit 404 last sell for?

AED 730,000 on 8 September 2025: AED 1,140 per sqft for 640 sqft. The unit has 2 registered sales; the first was AED 555,957 in June 2016.

What is the rent for unit 404?

AED 55,946 a year on the contract renewed on 25 February 2025. The previous contract, from February 2024, was AED 43,000; the unit has been rented since February 2020.

How big is unit 404?

640 sqft (59.5 sqm): an apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 404 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 404, MAG 540

Starts from the last sale price (AED 730K, 8 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →