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

409, MAG 540

Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 409 · DLD and Ejari recordsUpdated 10 March 2025

Last soldAED 552K10 July 2016

Current rentAED 35K /yr10 March 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 409, MAG 540

Today

What is 409 worth today?

Last sold for AED 552,000 in 2016

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10 Mar 2025

10 Mar 2025RentedNew contract

AED 35,200/yr12 months · AED 55 per sqft

10 Mar 2023

10 Mar 2023RentedRenewal

AED 29,000/yr12 months · AED 45 per sqft

10 Mar 2022

10 Mar 2022RentedNew contract

AED 27,000/yr12 months · AED 42 per sqft

25 Feb 2020

25 Feb 2020RentedNew contract

AED 30,000/yr12 months · AED 47 per sqft

10 Jul 2016

10 Jul 2016Sold by developerOff-plan

AED 552,000AED 862 per sqft

Source: Dubai Land Department. Updated 10 March 2025.

Key facts

Type: 1-bed apartment
Size: 640 sqft
Floor: 4th of 6
Parking: G-52
Developer: MAG
Completed: 2020
Service charge: AED 10,000 /yr
Last sold: AED 552K · July 2016
Building: MAG 540

About 409, MAG 540

409 is a one-bedroom apartment of 640 sqft on the 4th floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 10 July 2016 for AED 552,000, or AED 862 per sqft, in line with the AED 859 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 10 March 2025, is AED 35,200 a year: a gross yield of 6.4% on the 2016 price, before the service charge of about AED 10,000 a year.

Sales and rents for 409 over time

Sales

Unit 409, each saleTypical one-bed in MAG 540

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

Rents

Unit 409, each contractTypical one-bed in MAG 540

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 409 sits

All 45 1-beds →

MAG 540 · all types986 /sqft

409 last sold in July 2016 at AED 862 per sqft, in line with what one-beds in MAG 540 were fetching at the time (AED 859). 409's AED 35,200 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
25 Jun 202525 June 2025	640 sqft	700,000	1,093
22 Jun 202522 June 2025	641 sqft	640,000	998
18 Jun 202518 June 2025	665 sqft	700,000	1,051
12 Jun 202512 June 2025	638 sqft	645,000	1,011

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 4th floor

All 85 units in MAG 540


401	2-bed	1,039 sqft	AED 700KAED 700,000 · Oct 2023October 2023	75,000 /yr
402	1-bed	665 sqft	AED 680KAED 680,000 · Apr 2025April 2025	63,000 /yr
403	Studio	476 sqft	AED 401KAED 400,555 · Jul 2016July 2016	26,000 /yr
404		640 sqft	AED 730KAED 730,000 · Sep 2025September 2025	55,946 /yr
405	2-bed	1,005 sqft	AED 699KAED 698,608 · Sep 2022September 2022	80,000 /yr
406	1-bed	665 sqft	AED 561KAED 560,957 · Jun 2016June 2016	58,142 /yr
407	Studio	476 sqft	AED 396KAED 395,555 · Jul 2016July 2016	18,000 /yr
408	1-bed	640 sqft	AED 467KAED 466,820 · Dec 2022December 2022	44,000 /yr
410	1-bed	638 sqft	AED 549KAED 549,000 · Jun 2016June 2016	64,000 /yr
411	1-bed	636 sqft	AED 552KAED 552,000 · Jul 2016July 2016	47,000 /yr
412	1-bed	638 sqft	AED 549KAED 549,000 · Jun 2016June 2016	77,333 /yr
413	2-bed	963 sqft	AED 1.05MAED 1,050,000 · Jan 2024January 2024	150,000 /yr
414	2-bed	963 sqft	AED 770KAED 770,000 · Apr 2018April 2018	47,000 /yr

1–7 of 13

409, MAG 540 in numbers

Sold once: by MAG on 10 July 2016 for AED 552,000, or AED 862 per sqft.
Rented since February 2020 on 4 Ejari contracts, from AED 30,000 to AED 35,200 a year.
At AED 35,200 a year the gross yield on the 2016 price is 6.4%, before a service charge of about AED 10,000 a year (AED 15.65 per sqft).

Source: Dubai Land Department. Updated 10 March 2025.

Questions about 409, MAG 540

What did unit 409 last sell for?

AED 552,000 on 10 July 2016, sold by the developer: AED 862 per sqft for 640 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 35,200 a year on the contract signed on 10 March 2025. The previous contract, from March 2023, was AED 29,000; the unit has been rented since February 2020.

How big is unit 409?

640 sqft (59.5 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.

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Mortgage on 409, MAG 540

Starts from the last sale price (AED 552K, 10 July 2016). Switch to today's estimate once you have unlocked it.

Price: AED 552,000
Deposit, UAE resident (20%): AED 110,400
Deposit, non-resident (40%): AED 220,800
Monthly over 25 years at 3.7%: AED 2,258

Plus AED 28,194 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →