602, MAG 525
Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, MAG 525
What is 602 worth today?
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Source: Dubai Land Department. Updated 14 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 667 sqft
- Floor
- 6th of 6
- Parking
- G-79
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 11,500 /yr
- Last sold
- AED 600K · August 2024
- Building
- MAG 525
About 602, MAG 525
602 is a one-bedroom apartment of 667 sqft on the 6th floor of MAG 525, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 14 August 2024 for AED 600,000, or AED 899 per sqft, 11% above the AED 808 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 28,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 11,500 a year.
Sales and rents for 602 over time
602 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in MAG 525, and where 602 sits
All 66 1-beds →602 last sold in August 2024 at AED 899 per sqft, 11% above what one-beds in MAG 525 were fetching at the time (AED 808). Over the last 12 months one-beds sold for AED 699,999 to 775,000, around AED 1,117 per sqft, and rent for AED 34,000 to 62,000 a year. 602's AED 28,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Oct 20261 October 2026 | 641 sqft | 740,000 | 1,154 | ||
| 26 Jun 202626 June 2026 | 654 sqft | 730,000 | 1,115 | ||
| 12 May 202612 May 2026 | 663 sqft | 710,000 | 1,071 | ||
| 9 Mar 20269 March 2026 | 663 sqft | 699,999 | 1,056 |
MAG 525
Building92 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 6 sold in the last 12 months.
- Typical price per sqft
- AED 1,117
- Typical sale
- AED 735K
- Typical rent
- AED 52K /yr
- Typical yield
- 7.1%
Other units on the 6th floor
All 92 units in MAG 525| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,037 sqft | AED 660KAED 660,000 · Feb 2023February 2023 | 83,000 /yr | |
| 603 | Studio | 476 sqft | AED 470KAED 470,000 · Nov 2025November 2025 | 40,000 /yr | |
| 604 | 1-bed | 641 sqft | AED 600KAED 600,000 · May 2024May 2024 | 52,000 /yr | |
| 605 | 2-bed | 1,008 sqft | AED 825KAED 825,000 · Jul 2024July 2024 | 42,000 /yr | |
| 606 | 1-bed | 667 sqft | AED 540KAED 540,000 · Nov 2017November 2017 | ||
| 607 | Studio | 473 sqft | AED 425KAED 425,000 · May 2017May 2017 | 41,000 /yr | |
| 608 | 1-bed | 641 sqft | AED 740KAED 740,000 · Oct 2026October 2026 | 50,038 /yr | |
| 609 | 1-bed | 639 sqft | AED 599KAED 599,193 · Jul 2017July 2017 | 50,000 /yr | |
| 610 | 1-bed | 638 sqft | AED 435KAED 435,000 · Feb 2024February 2024 | 60,000 /yr | |
| 611 | 1-bed | 623 sqft | AED 544KAED 544,000 · Jul 2017July 2017 | 45,000 /yr | |
| 612 | 1-bed | 624 sqft | AED 505KAED 505,000 · May 2024May 2024 | 50,000 /yr | |
| 613 | 1-bed | 654 sqft | AED 695KAED 695,000 · Nov 2025November 2025 | 52,000 /yr | |
| 614 | 1-bed | 654 sqft | AED 730KAED 730,000 · Jun 2026June 2026 | 52,000 /yr | |
| 615 | 1-bed | 663 sqft | AED 700KAED 699,999 · Mar 2026March 2026 | 29,700 /yr |
602, MAG 525 in numbers
- Sold twice: first on 21 May 2017 for AED 555,555, last on 14 August 2024 for AED 600,000 (AED 899 per sqft).
- Rented since September 2019 on 5 Ejari contracts, from AED 30,000 to AED 28,000 a year.
- At AED 28,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 11,500 a year (AED 17.19 per sqft).
- One-beds in MAG 525 sold for AED 699,999–775,000 in the 12 months to November 2026; the building's median across all types is AED 1,117 per sqft.
Source: Dubai Land Department. Updated 14 August 2024.
Questions about 602, MAG 525
What did unit 602 last sell for?
AED 600,000 on 14 August 2024: AED 899 per sqft for 667 sqft. The unit has 2 registered sales; the first was AED 555,555 in May 2017.
What is the rent for unit 602?
AED 28,000 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 28,000; the unit has been rented since September 2019.
How big is unit 602?
667 sqft (62.0 sqm): a one-bedroom apartment 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. One-beds in MAG 525 sold for AED 699,999 to 775,000 in the last 12 months, around AED 1,117 per sqft.
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Mortgage on 602, MAG 525
Starts from the last sale price (AED 600K, 14 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →