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1-bed · 638 sqftMAG 540, Dubai South · 6th floor · completed 2020

610, MAG 540

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

Unit 610 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 541K5 June 2016
Current rentAED 55K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 610, MAG 540

What is 610 worth today?

Last sold for AED 540,555 in 2016

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1 Jun 2024RentedNew contract
AED 55,000/yr12 months · AED 86 per sqft
20 Nov 2022RentedNew contract
AED 27,000/yr12 months · AED 42 per sqft
20 Nov 2020RentedNew contract
AED 24,000/yr12 months · AED 38 per sqft
26 Sep 2019RentedNew contract
AED 30,000/yr13 months · AED 47 per sqft
5 Jun 2016Sold by developerOff-plan
AED 540,555AED 847 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
6th of 6
Parking
G-83
Developer
MAG
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 541K · June 2016
Building
MAG 540

About 610, MAG 540

610 is a one-bedroom apartment of 638 sqft on the 6th floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 5 June 2016 for AED 540,555, or AED 847 per sqft, in line with the AED 839 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 June 2024, is AED 55,000 a year: a gross yield of 10.2% on the 2016 price, before the service charge of about AED 10,000 a year.

Sales and rents for 610 over time

Sales
Unit 610, 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, June 2016: AED 540,555 (AED 847 per sqft)

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

Rents
Unit 610, 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, September 2019: AED 30,000 a yearNew contract, November 2020: AED 24,000 a yearNew contract, November 2022: AED 27,000 a yearNew contract, June 2024: 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 610 sits

All 45 1-beds →

610 last sold in June 2016 at AED 847 per sqft, in line with what one-beds in MAG 540 were fetching at the time (AED 839). 610'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

610, MAG 540 in numbers

  • Sold once: by MAG on 5 June 2016 for AED 540,555, or AED 847 per sqft.
  • Rented since September 2019 on 4 Ejari contracts. The rent fell from AED 30,000 to AED 24,000 in 2020 and recovered to AED 55,000 by June 2024.
  • At AED 55,000 a year the gross yield on the 2016 price is 10.2%, before a service charge of about AED 10,000 a year (AED 15.65 per sqft).

Source: Dubai Land Department. Updated 1 June 2024.

Questions about 610, MAG 540

What did unit 610 last sell for?

AED 540,555 on 5 June 2016, sold by the developer: AED 847 per sqft for 638 sqft. It is the only registered sale of the unit.

What is the rent for unit 610?

AED 55,000 a year on the contract signed on 1 June 2024. The previous contract, from November 2022, was AED 27,000; the unit has been rented since September 2019.

How big is unit 610?

638 sqft (59.3 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 610 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 610, MAG 540

Starts from the last sale price (AED 541K, 5 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 540,555
Deposit, UAE resident (20%)
AED 108,111
Deposit, non-resident (40%)
AED 216,222
Monthly over 25 years at 3.7%
AED 2,212

Plus AED 27,713 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →