Studio · 473 sqftMAG 545, Dubai South · 6th floor · completed 2020

607, MAG 545

Sold prices and rental history: sold once, by the developer in October 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 607 · DLD and Ejari recordsUpdated 15 January 2021

Last soldAED 411K10 October 2016

Current rentAED 18K /yr15 January 2021

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 607, MAG 545

Today

What is 607 worth today?

Last sold for AED 410,555 in 2016

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15 Jan 2021

15 Jan 2021RentedRenewal

AED 18,000/yr12 months · AED 38 per sqft

15 Dec 2019

15 Dec 2019RentedNew contract

AED 21,000/yr13 months · AED 44 per sqft

10 Oct 2016

10 Oct 2016Sold by developerOff-plan

AED 410,555AED 867 per sqft

Source: Dubai Land Department. Updated 15 January 2021.

Key facts

Type: Studio apartment
Size: 473 sqft
Floor: 6th of 6
Parking: G-81
Developer: MAG
Completed: 2020
Service charge: AED 6,700 /yr
Last sold: AED 411K · October 2016
Building: MAG 545

About 607, MAG 545

607 is a studio of 473 sqft on the 6th floor of MAG 545, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 10 October 2016 for AED 410,555, or AED 867 per sqft, 4% above the AED 835 studios in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 15 January 2021, is AED 18,000 a year: a gross yield of 4.4% on the 2016 price, before the service charge of about AED 6,700 a year.

Sales and rents for 607 over time

Sales

Unit 607, each saleTypical studio in MAG 545

607 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 607, each contractTypical studio in MAG 545

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in MAG 545, and where 607 sits

All 11 studios →

MAG 545 · all types1,136 /sqft

607 last sold in October 2016 at AED 867 per sqft, 4% above what studios in MAG 545 were fetching at the time (AED 835). 607's AED 18,000 is at the bottom of that range.

Recent studio sales	Size	Price (AED)	Per sqft
3 Oct 20243 October 2024	473 sqft	400,000	844
29 Apr 202429 April 2024	473 sqft	383,000	809
21 Mar 202421 March 2024	473 sqft	385,000	813
31 Jul 202331 July 2023	473 sqft	366,374	773

0 studio sales 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 6th floor

All 86 units in MAG 545


601		1,041 sqft	AED 1.08MAED 1,080,000 · Aug 2025August 2025	37,000 /yr
602	1-bed	667 sqft	AED 551KAED 550,555 · Jul 2016July 2016	36,300 /yr
603	Studio	473 sqft	AED 385KAED 385,000 · Mar 2024March 2024	36,000 /yr
604	1-bed	638 sqft	AED 546KAED 545,555 · Jul 2016July 2016	37,000 /yr
605	2-bed	1,008 sqft	AED 1MAED 1,000,000 · May 2025May 2025	250,348 /yr
606	1-bed	667 sqft	AED 551KAED 550,555 · Jul 2016July 2016	40,000 /yr
608	1-bed	638 sqft	AED 546KAED 545,555 · Jul 2016July 2016	33,000 /yr
609	1-bed	639 sqft	AED 500KAED 499,999 · Feb 2019February 2019	39,200 /yr
610	1-bed	638 sqft	AED 534KAED 534,295 · Apr 2019April 2019	50,000 /yr
611	1-bed	634 sqft	AED 560KAED 560,000 · Oct 2017October 2017	50,000 /yr
612	1-bed	637 sqft	AED 537KAED 537,420 · Jun 2018June 2018	52,500 /yr
613	2-bed	966 sqft	AED 545KAED 545,000 · Jun 2023June 2023	35,000 /yr
614	2-bed	966 sqft	AED 999KAED 999,000 · Jul 2024July 2024	70,000 /yr

1–7 of 13

607, MAG 545 in numbers

Sold once: by MAG on 10 October 2016 for AED 410,555, or AED 867 per sqft.
Rented since December 2019 on 2 Ejari contracts, from AED 21,000 to AED 18,000 a year.
At AED 18,000 a year the gross yield on the 2016 price is 4.4%, before a service charge of about AED 6,700 a year (AED 14.21 per sqft).

Source: Dubai Land Department. Updated 15 January 2021.

Questions about 607, MAG 545

What did unit 607 last sell for?

AED 410,555 on 10 October 2016, sold by the developer: AED 867 per sqft for 473 sqft. It is the only registered sale of the unit.

What is the rent for unit 607?

AED 18,000 a year on the contract renewed on 15 January 2021. The previous contract, from December 2019, was AED 21,000.

How big is unit 607?

473 sqft (43.9 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 607 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 607, MAG 545

Starts from the last sale price (AED 411K, 10 October 2016). Switch to today's estimate once you have unlocked it.

Price: AED 410,555
Deposit, UAE resident (20%): AED 82,111
Deposit, non-resident (40%): AED 164,222
Monthly over 25 years at 3.7%: AED 1,680

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