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1-bed · 483 sqftMAG 520, Dubai South · 6th floor · completed 2020

611, MAG 520

Sold prices and rental history: sold once, by the developer in December 2018, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 611 · DLD and Ejari recordsUpdated 20 March 2024
Last soldAED 426K5 December 2018
Current rentAED 41K /yr20 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 611, MAG 520

What is 611 worth today?

Last sold for AED 426,000 in 2018

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20 Mar 2024RentedNew contract
AED 41,000/yr12 months · AED 85 per sqft
5 Mar 2022RentedNew contract
AED 23,000/yr12 months · AED 48 per sqft
15 Oct 2021RentedNew contract
AED 24,000/yr12 months · AED 50 per sqft
5 Dec 2018Sold by developerOff-plan
AED 426,000AED 882 per sqft

Source: Dubai Land Department. Updated 20 March 2024.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
6th of 6
Parking
G-41
Developer
MAG
Completed
2020
Service charge
AED 8,600 /yr
Last sold
AED 426K · December 2018
Building
MAG 520

About 611, MAG 520

611 is a one-bedroom apartment of 483 sqft on the 6th floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 5 December 2018 for AED 426,000, or AED 882 per sqft, in line with the AED 883 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 20 March 2024, is AED 41,000 a year: a gross yield of 9.6% on the 2018 price, before the service charge of about AED 8,600 a year.

Sales and rents for 611 over time

Sales
Unit 611, each saleTypical one-bed in MAG 520
400K600K20182020202220242026Typical sale price by year: 2018 AED 467,000; 2019 AED 468,448; 2020 AED 480,000; 2021 AED 354,910; 2022 AED 449,708; 2023 AED 400,000; 2024 AED 490,000; 2025 AED 600,000Sold by developer, December 2018: AED 426,000 (AED 882 per sqft)

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

Rents
Unit 611, each contractTypical one-bed in MAG 520
20K40K20192021202320252027Typical rent by year: 2019 AED 26,500; 2020 AED 24,000; 2021 AED 24,000; 2022 AED 26,500; 2023 AED 28,350; 2024 AED 37,500; 2025 AED 42,000; 2026 AED 51,500New contract, October 2021: AED 24,000 a yearNew contract, March 2022: AED 23,000 a yearNew contract, March 2024: AED 41,000 a year

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

1-beds in MAG 520, and where 611 sits

All 60 1-beds →

611 last sold in December 2018 at AED 882 per sqft, in line with what one-beds in MAG 520 were fetching at the time (AED 883). Over the last 12 months one-beds sold for AED 590,000, around AED 1,233 per sqft, and rent for AED 40,000 to 57,000 a year. 611's AED 41,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jan 2026590,000
7 Jan 2026590,000
23 Jun 2025680,000
13 May 2025393,022
2 1-bed sales in the last 12 months

MAG 520

Building

131 apartments, studios to 2-bed over 6 floors in Dubai South, completed in 2020 by MAG. 2 sold in the last 12 months.

Typical price per sqft
AED 1,233
Typical sale
AED 590K
Typical rent
AED 44K /yr
Typical yield
7.7%
MAG 520, Dubai South: prices, sales and rents →

Other units on the 6th floor

All 131 units in MAG 520
Value
6011-bedAED 468K · Jul 2019
602StudioAED 380K · Jul 2019
603StudioAED 390K · Nov 2024
6041-bedAED 396K · Sep 2020
6052-bedAED 497K · Jul 2019
6061-bedAED 600K · Jun 2020
607StudioAED 380K · Sep 2019
1–7 of 21

611, MAG 520 in numbers

  • Sold once: by MAG on 5 December 2018 for AED 426,000, or AED 882 per sqft.
  • Rented since October 2021 on 3 Ejari contracts, from AED 24,000 to AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2018 price is 9.6%, before a service charge of about AED 8,600 a year (AED 17.72 per sqft).
  • One-beds in MAG 520 sold for AED 590,000–590,000 in the 12 months to November 2026; the building's median across all types is AED 1,233 per sqft.

Source: Dubai Land Department. Updated 20 March 2024.

Questions about 611, MAG 520

What did unit 611 last sell for?

AED 426,000 on 5 December 2018, sold by the developer: AED 882 per sqft for 483 sqft. It is the only registered sale of the unit.

What is the rent for unit 611?

AED 41,000 a year on the contract signed on 20 March 2024. The previous contract, from March 2022, was AED 23,000; the unit has been rented since October 2021.

How big is unit 611?

483 sqft (44.9 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 611 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 520 sold for AED 590,000 to 590,000 in the last 12 months, around AED 1,233 per sqft.

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Mortgage on 611, MAG 520

Starts from the last sale price (AED 426K, 5 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 426,000
Deposit, UAE resident (20%)
AED 85,200
Deposit, non-resident (40%)
AED 170,400
Monthly over 25 years at 3.7%
AED 1,743

Plus AED 20,802 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →