Home
Dubai prices
About
Research
Studio · 389 sqftMAG 520, Dubai South · 6th floor · completed 2020

602, MAG 520

Sold prices and rental history: sold once, by the developer in July 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 11 November 2025
Last soldAED 380K22 July 2019
Current rentAED 27K /yr11 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 602

Property timeline for 602, MAG 520

What is 602 worth today?

Last sold for AED 380,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 Nov 2025RentedRenewal
AED 26,565/yr12 months · AED 68 per sqft
11 Nov 2024RentedRenewal
AED 25,300/yr12 months · AED 65 per sqft
11 Nov 2023RentedRenewal
AED 22,000/yr12 months · AED 57 per sqft
11 Nov 2022RentedNew contract
AED 22,000/yr12 months · AED 57 per sqft
15 Sep 2021RentedNew contract
AED 22,000/yr12 months · AED 57 per sqft
1 Jul 2020RentedNew contract
AED 22,000/yr12 months · AED 57 per sqft
18 Feb 2020RentedNew contract
AED 22,000/yr12 months · AED 57 per sqft
22 Jul 2019Sold by developerOff-plan
AED 380,000AED 976 per sqft

Source: Dubai Land Department. Updated 11 November 2025.

Key facts

Type
Studio apartment
Size
389 sqft
Floor
6th of 6
Parking
G-115
Developer
MAG
Completed
2020
Service charge
AED 6,900 /yr
Last sold
AED 380K · July 2019
Building
MAG 520

About 602, MAG 520

602 is a studio of 389 sqft on the 6th floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 22 July 2019 for AED 380,000, or AED 976 per sqft, in line with the AED 985 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 11 November 2025, is AED 26,565 a year: a gross yield of 7.0% on the 2019 price, before the service charge of about AED 6,900 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical studio in MAG 520
300K400K500K2018202120242027Typical sale price by year: 2018 AED 360,000; 2019 AED 365,000; 2021 AED 271,874; 2023 AED 310,000; 2024 AED 390,000; 2026 AED 484,500Sold by developer, July 2019: AED 380,000 (AED 976 per sqft)

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

Rents
Unit 602, each contractTypical studio in MAG 520
20K30K40K2020202220242026Typical rent by year: 2020 AED 20,000; 2021 AED 18,000; 2022 AED 20,000; 2023 AED 23,000; 2024 AED 34,500; 2025 AED 38,000; 2026 AED 37,000New contract, February 2020: AED 22,000 a yearNew contract, July 2020: AED 22,000 a yearNew contract, September 2021: AED 22,000 a yearNew contract, November 2022: AED 22,000 a yearRenewal, November 2023: AED 22,000 a yearRenewal, November 2024: AED 25,300 a yearRenewal, November 2025: AED 26,565 a year

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

Studios in MAG 520, and where 602 sits

All 60 studios →

602 last sold in July 2019 at AED 976 per sqft, in line with what studios in MAG 520 were fetching at the time (AED 985). Over the last 12 months studios sold for AED 450,000 to 530,000, around AED 1,285 per sqft, and rent for AED 26,565 to 45,000 a year. 602's AED 26,565 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 2026450,000
15 Jul 2026470,000
7 Apr 2026499,000
27 Feb 2026530,000
4 studio sales in the last 12 months

MAG 520

Building

131 apartments, studios to 2-bed over 6 floors in Dubai South, completed in 2020 by MAG. 11 sold in the last 12 months.

Typical price per sqft
AED 1,180
Typical sale
AED 570K
Typical rent
AED 42K /yr
Typical yield
7.9%
MAG 520, Dubai South: prices, sales and rents →

Other units on the 6th floor

All 131 units in MAG 520
Value
6011-bedAED 468K · Jul 2019
603StudioAED 470K · Jul 2026
6041-bedAED 396K · Sep 2020
6052-bedAED 497K · Jul 2019
6061-bedAED 570K · Oct 2026
607StudioAED 499K · Apr 2026
608StudioAED 351K · Jul 2019
1–7 of 21

602, MAG 520 in numbers

  • Sold once: by MAG on 22 July 2019 for AED 380,000, or AED 976 per sqft.
  • Rented since February 2020 on 7 Ejari contracts, from AED 22,000 to AED 26,565 a year.
  • At AED 26,565 a year the gross yield on the 2019 price is 7.0%, before a service charge of about AED 6,900 a year (AED 17.72 per sqft).
  • Studios in MAG 520 sold for AED 450,000–530,000 in the 12 months to November 2026; the building's median across all types is AED 1,180 per sqft.

Source: Dubai Land Department. Updated 11 November 2025.

Questions about 602, MAG 520

What did unit 602 last sell for?

AED 380,000 on 22 July 2019, sold by the developer: AED 976 per sqft for 389 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 26,565 a year on the contract renewed on 11 November 2025. The previous contract, from November 2024, was AED 25,300; the unit has been rented since February 2020.

How big is unit 602?

389 sqft (36.1 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 520 sold for AED 450,000 to 530,000 in the last 12 months, around AED 1,285 per sqft.

Selling 602? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 602, MAG 520

Starts from the last sale price (AED 380K, 22 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

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