
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.
Property timeline for 509, MAG 540
What is 509 worth today?
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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
509 has sold 3 times; 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 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Jun 202525 June 2025 | 640 sqft | 700,000 | 1,093 | ||
| 18 Jun 202518 June 2025 | 665 sqft | 700,000 | 1,051 | ||
| 12 Jun 202512 June 2025 | 638 sqft | 645,000 | 1,011 | ||
| 2 Jun 20252 June 2025 | 638 sqft | 685,000 | 1,074 |
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 | |
| 504 | 1-bed | 640 sqft | AED 512KAED 511,584 · Dec 2017December 2017 | 55,000 /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 | |
| 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 |
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 →