2-bed · 1,008 sqftMAG 525, Dubai South · 6th floor · completed 2020

605, MAG 525

Sold prices and rental history: sold twice, last in July 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 18 July 2024
Last soldAED 825K18 July 2024
Current rentAED 42K /yr1 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, MAG 525

What is 605 worth today?

Last sold for AED 825,000 in 2024

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18 Jul 2024SoldReady
AED 825,000AED 818 per sqft
1 Jun 2021RentedNew contract
AED 42,000/yr12 months · AED 42 per sqft
1 May 2019RentedNew contract
AED 50,000/yr12 months · AED 49 per sqft
8 Mar 2018Sold by developerOff-plan
AED 865,000AED 858 per sqft

Source: Dubai Land Department. Updated 18 July 2024.

Key facts

Type
2-bed apartment
Size
1,008 sqft
Floor
6th of 6
Parking
G-82
Developer
MAG
Completed
2020
Service charge
AED 17,300 /yr
Last sold
AED 825K · July 2024
Building
MAG 525

About 605, MAG 525

605 is a two-bedroom apartment of 1,008 sqft on the 6th floor of MAG 525, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 18 July 2024 for AED 825,000, or AED 818 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 June 2021, is AED 42,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 17,300 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical two-bed in MAG 525
800K850K201720202023Typical sale price by year: 2017 AED 855,555; 2018 AED 789,441Sold by developer, March 2018: AED 865,000 (AED 858 per sqft)Sold, July 2024: AED 825,000 (AED 818 per sqft)

605 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 605, each contractTypical two-bed in MAG 525
40K60K80K20192021202320252027Typical rent by year: 2019 AED 46,500; 2020 AED 40,000; 2021 AED 40,000; 2023 AED 53,000; 2024 AED 65,176; 2025 AED 75,000; 2026 AED 70,000New contract, May 2019: AED 50,000 a yearNew contract, June 2021: AED 42,000 a year

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

2-beds in MAG 525, and where 605 sits

All 12 2-beds →

605's AED 42,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Aug 20251,025,000
23 May 2024835,000
16 Feb 2023660,000
26 Oct 2022680,000
0 2-bed sales in the last 12 months

MAG 525

Building

92 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%
MAG 525, Dubai South: prices, sales and rents →

Other units on the 6th floor

All 92 units in MAG 525
Value
6012-bedAED 660K · Feb 2023
6021-bedAED 600K · Aug 2024
603StudioAED 470K · Nov 2025
6041-bedAED 600K · May 2024
6061-bedAED 540K · Nov 2017
607StudioAED 425K · May 2017
6081-bedAED 740K · Oct 2026
1–7 of 14

605, MAG 525 in numbers

  • Sold twice: first on 8 March 2018 for AED 865,000, last on 18 July 2024 for AED 825,000 (AED 818 per sqft).
  • Rented since May 2019 on 2 Ejari contracts, from AED 50,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 17,300 a year (AED 17.19 per sqft).

Source: Dubai Land Department. Updated 18 July 2024.

Questions about 605, MAG 525

What did unit 605 last sell for?

AED 825,000 on 18 July 2024: AED 818 per sqft for 1,008 sqft. The unit has 2 registered sales; the first was AED 865,000 in March 2018.

What is the rent for unit 605?

AED 42,000 a year on the contract signed on 1 June 2021. The previous contract, from May 2019, was AED 50,000.

How big is unit 605?

1,008 sqft (93.6 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 605 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 605, MAG 525

Starts from the last sale price (AED 825K, 18 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 825,000
Deposit, UAE resident (20%)
AED 165,000
Deposit, non-resident (40%)
AED 330,000
Monthly over 25 years at 3.7%
AED 3,375

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