1-bed · 641 sqftMAG 540, Dubai South · 5th floor · completed 2020

509, MAG 540

Sold prices and rental history: sold 3 times, last in June 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 22 June 2025
Last soldAED 640K22 June 2025
Current rentAED 37K /yr20 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, MAG 540

What is 509 worth today?

Last sold for AED 640,000 in 2025

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22 Jun 2025SoldReady
AED 640,000AED 998 per sqft
20 May 2025RentedNew contract
AED 36,750/yr12 months · AED 57 per sqft
28 May 2024SoldReady
AED 492,567AED 768 per sqft
20 May 2023RentedNew contract
AED 32,000/yr12 months · AED 50 per sqft
4 Jan 2023Sold by developerReady
AED 453,358AED 707 per sqft
1 Apr 2022RentedNew contract
AED 27,000/yr12 months · AED 42 per sqft
1 Apr 2021RentedNew contract
AED 27,000/yr12 months · AED 42 per sqft

Source: Dubai Land Department. Updated 22 June 2025.

Key facts

Type
1-bed apartment
Size
641 sqft
Floor
5th of 6
Parking
G-66
Developer
MAG
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 640K · June 2025
Building
MAG 540

About 509, MAG 540

509 is a one-bedroom apartment of 641 sqft on the 5th floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 22 June 2025 for AED 640,000, or AED 998 per sqft, in line with the AED 1,011 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 20 May 2025, is AED 36,750 a year: a gross yield of 5.7% on the 2025 price, before the service charge of about AED 10,000 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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, January 2023: AED 453,358 (AED 707 per sqft)Sold, May 2024: AED 492,567 (AED 768 per sqft)Sold, June 2025: AED 640,000 (AED 998 per sqft)

509 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 509, each contractTypical one-bed in MAG 540
20K40K60K20192021202320252027Typical 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, April 2021: AED 27,000 a yearNew contract, April 2022: AED 27,000 a yearNew contract, May 2023: AED 32,000 a yearNew contract, May 2025: AED 36,750 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 509 sits

All 45 1-beds →

509 last sold in June 2025 at AED 998 per sqft, in line with what one-beds in MAG 540 were fetching at the time (AED 1,011). 509's AED 36,750 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Jun 2025700,000
18 Jun 2025700,000
12 Jun 2025645,000
2 Jun 2025685,000
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
5041-bedAED 512K · Dec 2017
5052-bedAED 843K · Jul 2016
506AED 765K · Aug 2025
507StudioAED 275K · Dec 2022
1–7 of 13

509, MAG 540 in numbers

  • Sold 3 times: first on 4 January 2023 for AED 453,358, last on 22 June 2025 for AED 640,000 (AED 998 per sqft).
  • Rented since April 2021 on 4 Ejari contracts, from AED 27,000 to AED 36,750 a year.
  • At AED 36,750 a year the gross yield on the 2025 price is 5.7%, before a service charge of about AED 10,000 a year (AED 15.65 per sqft).

Source: Dubai Land Department. Updated 22 June 2025.

Questions about 509, MAG 540

What did unit 509 last sell for?

AED 640,000 on 22 June 2025: AED 998 per sqft for 641 sqft. The unit has 3 registered sales; the first was AED 453,358 in January 2023.

What is the rent for unit 509?

AED 36,750 a year on the contract signed on 20 May 2025. The previous contract, from May 2023, was AED 32,000; the unit has been rented since April 2021.

How big is unit 509?

641 sqft (59.6 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 509 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 509, MAG 540

Starts from the last sale price (AED 640K, 22 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

Plus AED 31,890 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →