2-bed · 963 sqftMAG 540, Dubai South · 4th floor · completed 2020

414, MAG 540

Sold prices and rental history: sold once, by the developer in April 2018, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 414 · DLD and Ejari recordsUpdated 8 February 2024

Last soldAED 770K19 April 2018

Current rentAED 47K /yr8 February 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 414, MAG 540

Today

What is 414 worth today?

Last sold for AED 770,000 in 2018

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8 Feb 2024

8 Feb 2024RentedRenewal

AED 47,000/yr12 months · AED 49 per sqft

14 May 2021

14 May 2021RentedNew contract

AED 40,000/yr12 months · AED 42 per sqft

1 Oct 2019

1 Oct 2019RentedNew contract

AED 55,000/yr12 months · AED 57 per sqft

19 Apr 2018

19 Apr 2018Sold by developerOff-plan

AED 770,000AED 799 per sqft

Source: Dubai Land Department. Updated 8 February 2024.

Key facts

Type: 2-bed apartment
Size: 963 sqft
Floor: 4th of 6
Parking: G-57
Developer: MAG
Completed: 2020
Service charge: AED 15,100 /yr
Last sold: AED 770K · April 2018
Building: MAG 540

About 414, MAG 540

414 is a two-bedroom apartment of 963 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 19 April 2018 for AED 770,000, or AED 799 per sqft, in line with the AED 803 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 8 February 2024, is AED 47,000 a year: a gross yield of 6.1% on the 2018 price, before the service charge of about AED 15,100 a year.

Sales and rents for 414 over time

Sales

Unit 414, each saleTypical two-bed in MAG 540

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

Rents

Unit 414, each contractTypical two-bed in MAG 540

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in MAG 540, and where 414 sits

All 24 2-beds →

2-beds in MAG 540 · last 12 months986 /sqft MAG 540 · all types986 /sqft

414 last sold in April 2018 at AED 799 per sqft, in line with what two-beds in MAG 540 were fetching at the time (AED 803). Over the last 12 months two-beds sold for AED 950,000, around AED 986 per sqft, and rent for AED 53,000 to 150,000 a year. 414's AED 47,000 is at the bottom of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
28 Nov 202528 November 2025	963 sqft	950,000	986
7 May 20257 May 2025	1,005 sqft	1,150,000	1,144
4 Apr 20254 April 2025	1,040 sqft	975,000	937
31 Jul 202431 July 2024	1,007 sqft	830,000	823

1 2-bed sale 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
409	1-bed	640 sqft	AED 552KAED 552,000 · Jul 2016July 2016	35,200 /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

1–7 of 13

414, MAG 540 in numbers

Sold once: by MAG on 19 April 2018 for AED 770,000, or AED 799 per sqft.
Rented since October 2019 on 3 Ejari contracts. The rent fell from AED 55,000 to AED 40,000 in 2021 and recovered to AED 47,000 by February 2024.
At AED 47,000 a year the gross yield on the 2018 price is 6.1%, before a service charge of about AED 15,100 a year (AED 15.65 per sqft).
Two-beds in MAG 540 sold for AED 950,000–950,000 in the 12 months to November 2026; the building's median across all types is AED 986 per sqft.

Source: Dubai Land Department. Updated 8 February 2024.

Questions about 414, MAG 540

What did unit 414 last sell for?

AED 770,000 on 19 April 2018, sold by the developer: AED 799 per sqft for 963 sqft. It is the only registered sale of the unit.

What is the rent for unit 414?

AED 47,000 a year on the contract renewed on 8 February 2024. The previous contract, from May 2021, was AED 40,000; the unit has been rented since October 2019.

How big is unit 414?

963 sqft (89.5 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 414 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 540 sold for AED 950,000 to 950,000 in the last 12 months, around AED 986 per sqft.

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Mortgage on 414, MAG 540

Starts from the last sale price (AED 770K, 19 April 2018). Switch to today's estimate once you have unlocked it.

Price: AED 770,000
Deposit, UAE resident (20%): AED 154,000
Deposit, non-resident (40%): AED 308,000
Monthly over 25 years at 3.7%: AED 3,150

Plus AED 37,350 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →