2-bed · 966 sqftMAG 545, Dubai South · 4th floor · completed 2020

414, MAG 545

Sold prices and rental history: sold once, by the developer in October 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 414 · DLD and Ejari recordsUpdated 5 October 2022
Last soldAED 650K5 October 2022
Current rentAED 38K /yr12 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 414, MAG 545

What is 414 worth today?

Last sold for AED 650,000 in 2022

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5 Oct 2022Sold by developerReady
AED 650,000AED 673 per sqft
12 Aug 2021RentedNew contract
AED 38,000/yr12 months · AED 39 per sqft
13 Oct 2019RentedNew contract
AED 77,000/yr60 months · AED 80 per sqft

Source: Dubai Land Department. Updated 5 October 2022.

Key facts

Type
2-bed apartment
Size
966 sqft
Floor
4th of 6
Parking
G-58
Developer
MAG
Completed
2020
Service charge
AED 13,700 /yr
Last sold
AED 650K · October 2022
Building
MAG 545

About 414, MAG 545

414 is a two-bedroom apartment of 966 sqft on the 4th floor of MAG 545, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 5 October 2022 for AED 650,000, or AED 673 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 12 August 2021, is AED 38,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 13,700 a year.

Sales and rents for 414 over time

Sales
Unit 414, each saleTypical two-bed in MAG 545
600K800K1M20222023202420252026Typical sale price by year: 2022 AED 699,070; 2024 AED 984,500; 2025 AED 999,000Sold by developer, October 2022: AED 650,000 (AED 673 per sqft)

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 545
40K60K80K2019202120232025Typical rent by year: 2019 AED 75,000; 2020 AED 55,000; 2021 AED 38,000; 2023 AED 49,880; 2024 AED 69,500; 2025 AED 75,000New contract, October 2019: AED 77,000 a yearNew contract, August 2021: AED 38,000 a year

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

2-beds in MAG 545, and where 414 sits

All 23 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
13 Jun 2025999,000
4 Jun 2025999,000
19 May 20251,000,000
1 Nov 2024970,000
0 2-bed sales in the last 12 months

MAG 545

Building

86 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 1,136
Typical sale
AED 720K
Typical rent
AED 55K /yr
Typical yield
7.3%
MAG 545, Dubai South: prices, sales and rents →

Other units on the 4th floor

All 86 units in MAG 545
Value
4012-bedAED 800K · Apr 2024
4021-bedAED 546K · May 2016
403StudioAED 174K · Sep 2019
4041-bedAED 550K · Aug 2018
4052-bedNo registered sale
4061-bedAED 564K · Aug 2018
407AED 480K · Sep 2025
1–7 of 13

414, MAG 545 in numbers

  • Sold once: by MAG on 5 October 2022 for AED 650,000, or AED 673 per sqft.
  • Rented since October 2019 on 2 Ejari contracts, from AED 77,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 13,700 a year (AED 14.21 per sqft).

Source: Dubai Land Department. Updated 5 October 2022.

Questions about 414, MAG 545

What did unit 414 last sell for?

AED 650,000 on 5 October 2022, sold by the developer: AED 673 per sqft for 966 sqft. It is the only registered sale of the unit.

What is the rent for unit 414?

AED 38,000 a year on the contract signed on 12 August 2021. The previous contract, from October 2019, was AED 77,000.

How big is unit 414?

966 sqft (89.7 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.

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Mortgage on 414, MAG 545

Starts from the last sale price (AED 650K, 5 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

Plus AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →