1-bed · 636 sqftMAG 540, Dubai South · 5th floor · completed 2020

511, MAG 540

Sold prices and rental history: sold once, by the developer in July 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 511 · DLD and Ejari recordsUpdated 14 May 2023

Last soldAED 552K10 July 2016

Current rentAED 30K /yr14 May 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 511, MAG 540

Today

What is 511 worth today?

Last sold for AED 552,000 in 2016

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14 May 2023

14 May 2023RentedNew contract

AED 30,000/yr12 months · AED 47 per sqft

1 May 2022

1 May 2022RentedNew contract

AED 30,000/yr12 months · AED 47 per sqft

1 Dec 2019

1 Dec 2019RentedNew contract

AED 30,000/yr12 months · AED 47 per sqft

10 Jul 2016

10 Jul 2016Sold by developerOff-plan

AED 552,000AED 867 per sqft

Source: Dubai Land Department. Updated 14 May 2023.

Key facts

Type: 1-bed apartment
Size: 636 sqft
Floor: 5th of 6
Parking: G-68
Developer: MAG
Completed: 2020
Service charge: AED 10,000 /yr
Last sold: AED 552K · July 2016
Building: MAG 540

About 511, MAG 540

511 is a one-bedroom apartment of 636 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 10 July 2016 for AED 552,000, or AED 867 per sqft, in line with the AED 859 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 14 May 2023, is AED 30,000 a year: a gross yield of 5.4% on the 2016 price, before the service charge of about AED 10,000 a year.

Sales and rents for 511 over time

Sales

Unit 511, each saleTypical one-bed in MAG 540

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

Rents

Unit 511, each contractTypical one-bed in MAG 540

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 511 sits

All 45 1-beds →

MAG 540 · all types986 /sqft

511 last sold in July 2016 at AED 867 per sqft, in line with what one-beds in MAG 540 were fetching at the time (AED 859). 511's AED 30,000 is at the bottom of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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


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
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
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

1–7 of 13

511, MAG 540 in numbers

Sold once: by MAG on 10 July 2016 for AED 552,000, or AED 867 per sqft.
Rented since December 2019 on 3 Ejari contracts, at AED 30,000 a year.
At AED 30,000 a year the gross yield on the 2016 price is 5.4%, before a service charge of about AED 10,000 a year (AED 15.65 per sqft).

Source: Dubai Land Department. Updated 14 May 2023.

Questions about 511, MAG 540

What did unit 511 last sell for?

AED 552,000 on 10 July 2016, sold by the developer: AED 867 per sqft for 636 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 30,000 a year on the contract signed on 14 May 2023. The previous contract, from May 2022, was AED 30,000; the unit has been rented since December 2019.

How big is unit 511?

636 sqft (59.1 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 511 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 511, MAG 540

Starts from the last sale price (AED 552K, 10 July 2016). Switch to today's estimate once you have unlocked it.

Price: AED 552,000
Deposit, UAE resident (20%): AED 110,400
Deposit, non-resident (40%): AED 220,800
Monthly over 25 years at 3.7%: AED 2,258

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →