622, MAG 520
Sold prices and rental history: sold once, by the developer in May 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 622, MAG 520
What is 622 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 February 2025.
Key facts
- Type
- Studio apartment
- Size
- 360 sqft
- Floor
- 6th of 6
- Parking
- G-16
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,400 /yr
- Last sold
- AED 357K · May 2019
- Building
- MAG 520
About 622, MAG 520
622 is a studio of 360 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 13 May 2019 for AED 357,000, or AED 991 per sqft, 3% above the AED 958 studios in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 15 February 2025, is AED 41,200 a year: a gross yield of 11.5% on the 2019 price, before the service charge of about AED 6,400 a year.
Sales and rents for 622 over time
622 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in MAG 520, and where 622 sits
All 60 studios →622 last sold in May 2019 at AED 991 per sqft, 3% above what studios in MAG 520 were fetching at the time (AED 958). 622's AED 41,200 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202510 February 2025 | 365 sqft | 420,000 | 1,150 | ||
| 8 Nov 20248 November 2024 | 365 sqft | 390,000 | 1,068 | ||
| 25 Sep 202425 September 2024 | 437 sqft | 412,000 | 942 | ||
| 12 Jul 202412 July 2024 | 360 sqft | 388,000 | 1,077 |
MAG 520
Building131 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%
Other units on the 6th floor
All 131 units in MAG 520| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 629 sqft | AED 468KAED 468,448 · Jul 2019July 2019 | 28,200 /yr | |
| 602 | Studio | 389 sqft | AED 380KAED 380,000 · Jul 2019July 2019 | 26,565 /yr | |
| 603 | Studio | 365 sqft | AED 390KAED 390,000 · Nov 2024November 2024 | 30,000 /yr | |
| 604 | 1-bed | 478 sqft | AED 396KAED 395,555 · Sep 2020September 2020 | 46,000 /yr | |
| 605 | 2-bed | 669 sqft | AED 497KAED 497,000 · Jul 2019July 2019 | 45,000 /yr | |
| 606 | 1-bed | 483 sqft | AED 600KAED 600,000 · Jun 2020June 2020 | 30,000 /yr | |
| 607 | Studio | 389 sqft | AED 380KAED 380,000 · Sep 2019September 2019 | 27,000 /yr | |
| 608 | Studio | 349 sqft | AED 351KAED 350,840 · Jul 2019July 2019 | 44,000 /yr | |
| 609 | 1-bed | 478 sqft | AED 440KAED 440,000 · May 2019May 2019 | 28,349 /yr | |
| 610 | 2-bed | 667 sqft | AED 540KAED 540,000 · May 2019May 2019 | ||
| 611 | 1-bed | 483 sqft | AED 426KAED 426,000 · Dec 2018December 2018 | 41,000 /yr | |
| 612 | 1-bed | 657 sqft | AED 519KAED 519,000 · May 2019May 2019 | 37,855 /yr | |
| 613 | 1-bed | 623 sqft | AED 450KAED 449,708 · Sep 2022September 2022 | 55,000 /yr | |
| 614 | 1-bed | 638 sqft | AED 480KAED 480,000 · Oct 2019October 2019 | 52,000 /yr | |
| 615 | Studio | 410 sqft | AED 380KAED 380,000 · Sep 2019September 2019 | 45,000 /yr | |
| 616 | Studio | 410 sqft | AED 272KAED 272,181 · Apr 2021April 2021 | 36,000 /yr | |
| 617 | Studio | 437 sqft | AED 380KAED 380,000 · Sep 2019September 2019 | 21,000 /yr | |
| 618 | Studio | 437 sqft | AED 410KAED 410,000 · May 2024May 2024 | 39,000 /yr | |
| 619 | 1-bed | 514 sqft | AED 360KAED 360,000 · Nov 2020November 2020 | 55,000 /yr | |
| 620 | 1-bed | 514 sqft | AED 400KAED 400,000 · Jul 2023July 2023 | 31,500 /yr | |
| 621 | Studio | 360 sqft | AED 357KAED 357,000 · May 2019May 2019 | 44,000 /yr |
622, MAG 520 in numbers
- Sold once: by MAG on 13 May 2019 for AED 357,000, or AED 991 per sqft.
- Rented since January 2022 on 3 Ejari contracts, from AED 21,000 to AED 41,200 a year.
- At AED 41,200 a year the gross yield on the 2019 price is 11.5%, before a service charge of about AED 6,400 a year (AED 17.72 per sqft).
Source: Dubai Land Department. Updated 15 February 2025.
Questions about 622, MAG 520
What did unit 622 last sell for?
AED 357,000 on 13 May 2019, sold by the developer: AED 991 per sqft for 360 sqft. It is the only registered sale of the unit.
What is the rent for unit 622?
AED 41,200 a year on the contract renewed on 15 February 2025. The previous contract, from February 2024, was AED 28,000; the unit has been rented since January 2022.
How big is unit 622?
360 sqft (33.4 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.
What is unit 622 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 622? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 622, MAG 520
Starts from the last sale price (AED 357K, 13 May 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 357,000
- Deposit, UAE resident (20%)
- AED 71,400
- Deposit, non-resident (40%)
- AED 142,800
- Monthly over 25 years at 3.7%
- AED 1,461
Plus AED 17,904 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →