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Studio · 437 sqftMAG 520, Dubai South · 6th floor · completed 2020

618, MAG 520

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 618 · DLD and Ejari recordsUpdated 30 July 2026
Last soldAED 410K8 May 2024
Current rentAED 43K /yr30 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 618, MAG 520

What is 618 worth today?

Last sold for AED 410,000 in 2024

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30 Jul 2026RentedRenewal
AED 43,000/yr12 months · AED 100 per sqft
28 Jul 2025RentedNew contract
AED 43,000/yr12 months · AED 100 per sqft
21 Jul 2024RentedNew contract
AED 39,000/yr12 months · AED 88 per sqft
8 May 2024SoldReady
AED 410,000AED 938 per sqft
23 Apr 2024SoldReady
AED 350,000AED 801 per sqft
10 Jul 2023RentedNew contract
AED 28,000/yr12 months · AED 63 per sqft
20 Jun 2022RentedNew contract
AED 23,000/yr12 months · AED 53 per sqft
5 Oct 2021Sold by developerReady
AED 316,800AED 725 per sqft

Source: Dubai Land Department. Updated 30 July 2026.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
6th of 6
Parking
G-131
Developer
MAG
Completed
2020
Service charge
AED 7,700 /yr
Last sold
AED 410K · May 2024
Building
MAG 520

About 618, MAG 520

618 is a studio of 437 sqft on the 6th floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 8 May 2024 for AED 410,000, or AED 938 per sqft, 17% above the AED 803 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 30 July 2026, is AED 43,000 a year: a gross yield of 10.5% on the 2024 price, before the service charge of about AED 7,700 a year.

Sales and rents for 618 over time

Sales
Unit 618, 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, October 2021: AED 316,800 (AED 725 per sqft)Sold, April 2024: AED 350,000 (AED 801 per sqft)Sold, May 2024: AED 410,000 (AED 938 per sqft)

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

Rents
Unit 618, each contractTypical studio in MAG 520
20K40K2020202220242026Typical 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, June 2021: AED 20,000 a yearNew contract, June 2022: AED 23,000 a yearNew contract, July 2023: AED 28,000 a yearNew contract, July 2024: AED 39,000 a yearNew contract, July 2025: AED 43,000 a yearRenewal, July 2026: AED 43,000 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 618 sits

All 60 studios →

618 last sold in May 2024 at AED 938 per sqft, 17% above what studios in MAG 520 were fetching at the time (AED 803). 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. 618's AED 43,000 is in the upper half 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
602StudioAED 380K · 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
1–7 of 21

618, MAG 520 in numbers

  • Sold 3 times: first on 5 October 2021 for AED 316,800, last on 8 May 2024 for AED 410,000 (AED 938 per sqft).
  • Rented since June 2021 on 6 Ejari contracts, from AED 20,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2024 price is 10.5%, before a service charge of about AED 7,700 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 30 July 2026.

Questions about 618, MAG 520

What did unit 618 last sell for?

AED 410,000 on 8 May 2024: AED 938 per sqft for 437 sqft. The unit has 3 registered sales; the first was AED 316,800 in October 2021.

What is the rent for unit 618?

AED 43,000 a year on the contract renewed on 30 July 2026. The previous contract, from July 2025, was AED 43,000; the unit has been rented since June 2021.

How big is unit 618?

437 sqft (40.6 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 618 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.

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Mortgage on 618, MAG 520

Starts from the last sale price (AED 410K, 8 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

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