1-bed · 640 sqftMAG 540, Dubai South · 6th floor · completed 2020

608, MAG 540

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 410K1 March 2023
Current rentAED 55K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, MAG 540

What is 608 worth today?

Last sold for AED 410,000 in 2023

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1 Feb 2026RentedRenewal
AED 55,000/yr12 months · AED 87 per sqft
1 Feb 2025RentedNew contract
AED 39,642/yr11 months · AED 62 per sqft
1 Feb 2024RentedNew contract
AED 34,500/yr12 months · AED 54 per sqft
1 Mar 2023SoldReady
AED 410,000AED 640 per sqft
1 Feb 2023RentedNew contract
AED 33,000/yr12 months · AED 52 per sqft
1 Feb 2022RentedRenewal
AED 26,000/yr12 months · AED 41 per sqft
1 Dec 2019RentedNew contract
AED 32,000/yr12 months · AED 50 per sqft
19 Jul 2017Sold by developerOff-plan
AED 475,000AED 742 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
1-bed apartment
Size
640 sqft
Floor
6th of 6
Parking
G-81
Developer
MAG
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 410K · March 2023
Building
MAG 540

About 608, MAG 540

608 is a one-bedroom apartment of 640 sqft on the 6th floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 1 March 2023 for AED 410,000, or AED 640 per sqft, 5% below the AED 674 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 55,000 a year: a gross yield of 13.4% on the 2023 price, before the service charge of about AED 10,000 a year.

Sales and rents for 608 over time

Sales
Unit 608, 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, July 2017: AED 475,000 (AED 742 per sqft)Sold, March 2023: AED 410,000 (AED 640 per sqft)

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

Rents
Unit 608, 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, December 2019: AED 32,000 a yearRenewal, February 2022: AED 26,000 a yearNew contract, February 2023: AED 33,000 a yearNew contract, February 2024: AED 34,500 a yearNew contract, February 2025: AED 39,642 a yearRenewal, February 2026: 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 608 sits

All 45 1-beds →

608 last sold in March 2023 at AED 640 per sqft, 5% below what one-beds in MAG 540 were fetching at the time (AED 674). 608'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 6th floor

All 85 units in MAG 540
Value
6012-bedNo registered sale
6021-bedAED 566K · Jun 2016
603StudioAED 270K · Dec 2022
6041-bedAED 457K · Nov 2022
6052-bedAED 830K · Jul 2024
6061-bedAED 495K · Apr 2024
607StudioAED 300K · Jun 2023
1–7 of 13

608, MAG 540 in numbers

  • Sold twice: first on 19 July 2017 for AED 475,000, last on 1 March 2023 for AED 410,000 (AED 640 per sqft).
  • Rented since December 2019 on 6 Ejari contracts. The rent fell from AED 32,000 to AED 26,000 in 2022 and recovered to AED 55,000 by February 2026.
  • At AED 55,000 a year the gross yield on the 2023 price is 13.4%, before a service charge of about AED 10,000 a year (AED 15.65 per sqft).

Source: Dubai Land Department. Updated 1 February 2026.

Questions about 608, MAG 540

What did unit 608 last sell for?

AED 410,000 on 1 March 2023: AED 640 per sqft for 640 sqft. The unit has 2 registered sales; the first was AED 475,000 in July 2017.

What is the rent for unit 608?

AED 55,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 39,642; the unit has been rented since December 2019.

How big is unit 608?

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

What is unit 608 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 608, MAG 540

Starts from the last sale price (AED 410K, 1 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

Plus AED 20,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →