1-bed · 640 sqftMAG 540, Dubai South · 5th floor · completed 2020

504, MAG 540

Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 9 April 2025
Last soldAED 512K26 December 2017
Current rentAED 55K /yr9 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, MAG 540

What is 504 worth today?

Last sold for AED 511,584 in 2017

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9 Apr 2025RentedNew contract
AED 55,000/yr12 months · AED 87 per sqft
16 Dec 2021RentedRenewal
AED 11,200/yr36 months · AED 18 per sqft
15 Dec 2020RentedNew contract
AED 15,000/yr12 months · AED 23 per sqft
10 Dec 2019RentedNew contract
AED 28,922/yr12 months · AED 46 per sqft
26 Dec 2017Sold by developerOff-plan
AED 511,584AED 799 per sqft

Source: Dubai Land Department. Updated 9 April 2025.

Key facts

Type
1-bed apartment
Size
640 sqft
Floor
5th of 6
Parking
G-61
Developer
MAG
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 512K · December 2017
Building
MAG 540

About 504, MAG 540

504 is a one-bedroom apartment of 640 sqft on the 5th floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 26 December 2017 for AED 511,584, or AED 799 per sqft.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 9 April 2025, is AED 55,000 a year: a gross yield of 10.8% on the 2017 price, before the service charge of about AED 10,000 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in MAG 540
400K600K2016201920222025Typical sale price by year: 2016 AED 549,000; 2022 AED 423,742; 2023 AED 445,000; 2024 AED 600,000; 2025 AED 680,000Sold by developer, December 2017: AED 511,584 (AED 799 per sqft)

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

Rents
Unit 504, each contractTypical one-bed in MAG 540
50K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 33,000; 2021 AED 30,000; 2022 AED 34,000; 2023 AED 38,000; 2024 AED 44,000; 2025 AED 58,142; 2026 AED 68,000New contract, December 2019: AED 28,922 a yearNew contract, December 2020: AED 15,000 a yearRenewal, December 2021: AED 11,200 a yearNew contract, April 2025: AED 55,000 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 540, and where 504 sits

All 45 1-beds →

504's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Jun 2025700,000
22 Jun 2025640,000
18 Jun 2025700,000
12 Jun 2025645,000
0 1-bed sales 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 5th floor

All 85 units in MAG 540
Value
5012-bedAED 975K · Apr 2025
5021-bedAED 561K · Jun 2016
503StudioAED 302K · Apr 2023
5052-bedAED 843K · Jul 2016
506AED 765K · Aug 2025
507StudioAED 275K · Dec 2022
5081-bedAED 576K · Feb 2020
1–7 of 13

504, MAG 540 in numbers

  • Sold once: by MAG on 26 December 2017 for AED 511,584, or AED 799 per sqft.
  • Rented since December 2019 on 4 Ejari contracts. The rent fell from AED 28,922 to AED 11,200 in 2021 and recovered to AED 55,000 by April 2025.
  • At AED 55,000 a year the gross yield on the 2017 price is 10.8%, before a service charge of about AED 10,000 a year (AED 15.65 per sqft).

Source: Dubai Land Department. Updated 9 April 2025.

Questions about 504, MAG 540

What did unit 504 last sell for?

AED 511,584 on 26 December 2017, sold by the developer: AED 799 per sqft for 640 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 55,000 a year on the contract signed on 9 April 2025. The previous contract, from December 2021, was AED 11,200; the unit has been rented since December 2019.

How big is unit 504?

640 sqft (59.5 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 504 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 504, MAG 540

Starts from the last sale price (AED 512K, 26 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 511,584
Deposit, UAE resident (20%)
AED 102,317
Deposit, non-resident (40%)
AED 204,634
Monthly over 25 years at 3.7%
AED 2,093

Plus AED 26,496 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →