Home
Dubai prices
About
Research
Studio · 365 sqftMAG 520, Dubai South · 6th floor · completed 2020

603, MAG 520

Sold prices and rental history: sold 3 times, last in July 2026, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 10 October 2026
Last soldAED 470K15 July 2026
Current rentAED 40K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 603

Property timeline for 603, MAG 520

What is 603 worth today?

Last sold for AED 470,000 in 2026

Unlock today's estimate, updated daily, with

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

10 Oct 2026RentedNew contract
AED 40,000/yr12 months · AED 110 per sqft
15 Jul 2026SoldReady
AED 470,000AED 1,287 per sqft
20 Dec 2024RentedNew contract
AED 31,500/yr12 months · AED 86 per sqft
8 Nov 2024SoldReady
AED 390,000AED 1,068 per sqft
20 Dec 2023RentedNew contract
AED 30,000/yr12 months · AED 82 per sqft
18 Aug 2021Sold by developerOff-plan
AED 365,000AED 999 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
6th of 6
Parking
G-116
Developer
MAG
Completed
2020
Service charge
AED 6,500 /yr
Last sold
AED 470K · July 2026
Building
MAG 520

About 603, MAG 520

603 is a studio of 365 sqft on the 6th floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 15 July 2026 for AED 470,000, or AED 1,287 per sqft, in line with the AED 1,287 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 10 October 2026, is AED 40,000 a year: a gross yield of 8.5% on the 2026 price, before the service charge of about AED 6,500 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, August 2021: AED 365,000 (AED 999 per sqft)Sold, November 2024: AED 390,000 (AED 1,068 per sqft)Sold, July 2026: AED 470,000 (AED 1,287 per sqft)

603 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 603, 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, December 2023: AED 30,000 a yearNew contract, December 2024: AED 31,500 a yearNew contract, October 2026: AED 40,000 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 603 sits

All 60 studios →

603 last sold in July 2026 at AED 1,287 per sqft, in line with what studios in MAG 520 were fetching at the time (AED 1,287). 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. 603's AED 40,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Nov 2026450,000
7 Apr 2026499,000
27 Feb 2026530,000
10 Feb 2025420,000
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
602StudioAED 380K · Jul 2019
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

603, MAG 520 in numbers

  • Sold 3 times: first on 18 August 2021 for AED 365,000, last on 15 July 2026 for AED 470,000 (AED 1,287 per sqft).
  • Rented since December 2023 on 3 Ejari contracts, from AED 30,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2026 price is 8.5%, before a service charge of about AED 6,500 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 10 October 2026.

Questions about 603, MAG 520

What did unit 603 last sell for?

AED 470,000 on 15 July 2026: AED 1,287 per sqft for 365 sqft. The unit has 3 registered sales; the first was AED 365,000 in August 2021.

What is the rent for unit 603?

AED 40,000 a year on the contract signed on 10 October 2026. The previous contract, from December 2024, was AED 31,500; the unit has been rented since December 2023.

How big is unit 603?

365 sqft (33.9 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 603 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 603? 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 603, MAG 520

Starts from the last sale price (AED 470K, 15 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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