Unit 402, MAG 540: what it sold for and what it is worth now

Unit 402 at MAG 540 is a 1 bed of 665 sq ft. It last sold for AED 680,000 on 2 Apr 2025. At AED 1,083 per sq ft, from 4 sales of units ending 02 (same position in the tower), it is worth about AED 720,000 today.

Value todayAED 720,000AED 695,000 to AED 755,000
Last saleAED 680,0002 Apr 2025 · Resale
Change since last sale+5.9%Building trend alone: AED 767,125
Rent (median asking, 1 bed)AED 60,000Gross yield 8.3%
Bedrooms1 bed
Size665 sq ft
Floor4 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingMAG 540 by MAG Property Development, handed over 2020
Registered sales of this unit1

Every registered sale of unit 402

DatePriceSizeAED/sq ftType
2 Apr 2025AED 680,000665 sq ft1,023Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20225 Sep 2026AED 740,000665 sq ft1,113Resale
30226 Feb 2026AED 800,000665 sq ft1,203Resale
30218 Jun 2025AED 700,000665 sq ft1,053Resale
20227 May 2022AED 390,000665 sq ft586Resale
30210 Mar 2022AED 390,000665 sq ft586Resale

Latest 1 bed sales in MAG 540

UnitDatePriceSizeAED/sq ftType
20225 Sep 2026AED 740,000665 sq ft1,113Resale
60816 Mar 2026AED 760,000640 sq ft1,188Resale
1065 Mar 2026AED 790,000665 sq ft1,188Resale
30226 Feb 2026AED 800,000665 sq ft1,203Resale
4048 Sep 2025AED 730,000640 sq ft1,141Resale
50618 Aug 2025AED 765,000667 sq ft1,147Resale
30425 Jun 2025AED 700,000640 sq ft1,094Resale
50922 Jun 2025AED 640,000641 sq ft998Resale

How we worked out the value

We took the 4 resale sales of units ending 02 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,083). We multiplied it by the size of this unit (665 sq ft). The range uses the middle half of those sales (AED 1,045 to AED 1,135 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 767,125. Floor, view, condition and upgrades can move the price either way. Sales data to 25 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 402 at MAG 540 worth?

About AED 720,000 (range AED 695,000 to AED 755,000), based on AED 1,083 per sq ft from registered sales up to 25 Sep 2026.

When did unit 402 last sell?

2 Apr 2025, for AED 680,000 (resale). It has 1 registered sale.

What rent can unit 402 make?

A 1 bed in MAG 540 rents for about AED 60,000 a year (median asking rent). That is a gross yield of 8.3% on the estimate.

Sales alert for MAG 540All sales in MAG 540

Unit 401 · Unit 404