1-bed · 637 sqftMAG 545, Dubai South · 5th floor · completed 2020

512, MAG 545

Sold prices and rental history: sold 3 times, last in May 2020, and rented once, from June 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 2 June 2020
Last soldAED 180K5 May 2020
Current rentAED 30K /yr2 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, MAG 545

What is 512 worth today?

Last sold for AED 180,000 in 2020

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2 Jun 2020RentedNew contract
AED 30,000/yr12 months · AED 47 per sqft
5 May 2020SoldReady
AED 180,000AED 282 per sqft
19 Mar 2020SoldReady
AED 200,000AED 313 per sqft
20 Oct 2019Sold by developerOff-plan
AED 520,555AED 817 per sqft

Source: Dubai Land Department. Updated 2 June 2020.

Key facts

Type
1-bed apartment
Size
637 sqft
Floor
5th of 6
Parking
G-72
Developer
MAG
Completed
2020
Service charge
AED 9,100 /yr
Last sold
AED 180K · May 2020
Building
MAG 545

About 512, MAG 545

512 is a one-bedroom apartment of 637 sqft on the 5th floor of MAG 545, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 5 May 2020 for AED 180,000, or AED 282 per sqft, 10% below the AED 313 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 June 2020. The current contract, signed on 2 June 2020, is AED 30,000 a year: a gross yield of 16.7% on the 2020 price, before the service charge of about AED 9,100 a year.

Sales and rents for 512 over time

Sales
Unit 512, each saleTypical one-bed in MAG 545
250K500K2016201920222025Typical sale price by year: 2016 AED 530,555; 2017 AED 505,277; 2018 AED 536,488; 2019 AED 520,555; 2024 AED 599,500; 2025 AED 635,000Sold by developer, October 2019: AED 520,555 (AED 817 per sqft)Sold, March 2020: AED 200,000 (AED 313 per sqft)Sold, May 2020: AED 180,000 (AED 282 per sqft)

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

Rents
Unit 512, each contractTypical one-bed in MAG 545
40K60K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 28,000; 2021 AED 27,000; 2022 AED 29,000; 2023 AED 34,000; 2024 AED 40,000; 2025 AED 48,000; 2026 AED 55,000New contract, June 2020: AED 30,000 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 545, and where 512 sits

All 47 1-beds →

512 last sold in May 2020 at AED 282 per sqft, 10% below what one-beds in MAG 545 were fetching at the time (AED 313). Over the last 12 months one-beds sold for AED 720,000, around AED 1,136 per sqft, and rent for AED 49,000 to 66,000 a year. 512's AED 30,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Dec 2025720,000
10 Nov 2025635,000
13 Jan 2025599,999
16 Dec 2024599,999
1 1-bed sale in the last 12 months

MAG 545

Building

86 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 1,136
Typical sale
AED 720K
Typical rent
AED 55K /yr
Typical yield
7.3%
MAG 545, Dubai South: prices, sales and rents →

Other units on the 5th floor

All 86 units in MAG 545
Value
5012-bedAED 781K · May 2018
5021-bedAED 526K · Jul 2016
503StudioAED 391K · Nov 2016
5041-bedAED 546K · Jul 2016
5052-bedNo registered sale
5061-bedAED 526K · Aug 2016
507StudioAED 400K · Oct 2024
1–7 of 13

512, MAG 545 in numbers

  • Sold 3 times: first on 20 October 2019 for AED 520,555, last on 5 May 2020 for AED 180,000 (AED 282 per sqft).
  • Rented since June 2020 on one Ejari contract, at AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2020 price is 16.7%, before a service charge of about AED 9,100 a year (AED 14.21 per sqft).
  • One-beds in MAG 545 sold for AED 720,000–720,000 in the 12 months to November 2026; the building's median across all types is AED 1,136 per sqft.

Source: Dubai Land Department. Updated 2 June 2020.

Questions about 512, MAG 545

What did unit 512 last sell for?

AED 180,000 on 5 May 2020: AED 282 per sqft for 637 sqft. The unit has 3 registered sales; the first was AED 520,555 in October 2019.

What is the rent for unit 512?

AED 30,000 a year on the contract signed on 2 June 2020.

How big is unit 512?

637 sqft (59.2 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 512 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 545 sold for AED 720,000 to 720,000 in the last 12 months, around AED 1,136 per sqft.

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Mortgage on 512, MAG 545

Starts from the last sale price (AED 180K, 5 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 180,000
Deposit, UAE resident (20%)
AED 36,000
Deposit, non-resident (40%)
AED 72,000
Monthly over 25 years at 3.7%
AED 736

Plus AED 10,470 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →