
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.
Property timeline for 504, MAG 540
What is 504 worth today?
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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
504 has sold once; the dashed line is the one-bed median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Jun 202525 June 2025 | 640 sqft | 700,000 | 1,093 | ||
| 22 Jun 202522 June 2025 | 641 sqft | 640,000 | 998 | ||
| 18 Jun 202518 June 2025 | 665 sqft | 700,000 | 1,051 | ||
| 12 Jun 202512 June 2025 | 638 sqft | 645,000 | 1,011 |
MAG 540
Building85 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%
Other units on the 5th floor
All 85 units in MAG 540| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,040 sqft | AED 975KAED 975,000 · Apr 2025April 2025 | 58,000 /yr | |
| 502 | 1-bed | 667 sqft | AED 561KAED 560,957 · Jun 2016June 2016 | 77,333 /yr | |
| 503 | Studio | 476 sqft | AED 302KAED 302,000 · Apr 2023April 2023 | 40,000 /yr | |
| 505 | 2-bed | 1,007 sqft | AED 843KAED 842,707 · Jul 2016July 2016 | 60,000 /yr | |
| 506 | 667 sqft | AED 765KAED 765,000 · Aug 2025August 2025 | 47,890 /yr | ||
| 507 | Studio | 476 sqft | AED 275KAED 275,000 · Dec 2022December 2022 | 45,000 /yr | |
| 508 | 1-bed | 640 sqft | AED 576KAED 575,532 · Feb 2020February 2020 | 38,000 /yr | |
| 509 | 1-bed | 641 sqft | AED 640KAED 640,000 · Jun 2025June 2025 | 36,750 /yr | |
| 510 | 1-bed | 638 sqft | AED 549KAED 549,000 · Jun 2016June 2016 | 65,333 /yr | |
| 511 | 1-bed | 636 sqft | AED 552KAED 552,000 · Jul 2016July 2016 | 30,000 /yr | |
| 512 | 1-bed | 638 sqft | AED 549KAED 549,000 · Jun 2016June 2016 | 48,000 /yr | |
| 513 | 2-bed | 963 sqft | AED 750KAED 750,000 · Dec 2018December 2018 | ||
| 514 | 2-bed | 963 sqft | AED 850KAED 850,000 · Jul 2024July 2024 | 55,000 /yr |
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 →