Studio · 473 sqftMAG 525, Dubai South · 6th floor · completed 2020

607, MAG 525

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 22 October 2024
Last soldAED 425K21 May 2017
Current rentAED 41K /yr22 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, MAG 525

What is 607 worth today?

Last sold for AED 425,000 in 2017

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22 Oct 2024RentedNew contract
AED 41,000/yr12 months · AED 87 per sqft
25 Jul 2023RentedNew contract
AED 21,000/yr12 months · AED 44 per sqft
25 Jul 2022RentedRenewal
AED 21,000/yr12 months · AED 45 per sqft
25 Jul 2021RentedNew contract
AED 16,000/yr12 months · AED 34 per sqft
1 Feb 2021RentedNew contract
AED 18,000/yr12 months · AED 38 per sqft
21 May 2017Sold by developerOff-plan
AED 425,000AED 897 per sqft

Source: Dubai Land Department. Updated 22 October 2024.

Key facts

Type
Studio apartment
Size
473 sqft
Floor
6th of 6
Parking
G-84
Developer
MAG
Completed
2020
Service charge
AED 8,100 /yr
Last sold
AED 425K · May 2017
Building
MAG 525

About 607, MAG 525

607 is a studio of 473 sqft on the 6th floor of MAG 525, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 21 May 2017 for AED 425,000, or AED 897 per sqft, in line with the AED 880 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 22 October 2024, is AED 41,000 a year: a gross yield of 9.7% on the 2017 price, before the service charge of about AED 8,100 a year.

Sales and rents for 607 over time

Rents
Unit 607, each contractTypical studio in MAG 525
20K40K20192021202320252027Typical rent by year: 2019 AED 23,500; 2020 AED 22,000; 2021 AED 20,000; 2022 AED 21,000; 2023 AED 23,100; 2024 AED 31,000; 2025 AED 40,000; 2026 AED 38,750New contract, February 2021: AED 18,000 a yearNew contract, July 2021: AED 16,000 a yearRenewal, July 2022: AED 21,000 a yearNew contract, July 2023: AED 21,000 a yearNew contract, October 2024: AED 41,000 a year

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

Studios in MAG 525, and where 607 sits

All 12 studios →

607 last sold in May 2017 at AED 897 per sqft, in line with what studios in MAG 525 were fetching at the time (AED 880). 607's AED 41,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Nov 2025470,000
22 Jul 2024424,999
10 Jan 2024320,000
27 Nov 2023360,000
0 studio 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
6052-bedAED 825K · Jul 2024
6061-bedAED 540K · Nov 2017
6081-bedAED 740K · Oct 2026
1–7 of 14

607, MAG 525 in numbers

  • Sold once: by MAG on 21 May 2017 for AED 425,000, or AED 897 per sqft.
  • Rented since February 2021 on 5 Ejari contracts. The rent fell from AED 18,000 to AED 16,000 in 2021 and recovered to AED 41,000 by October 2024.
  • At AED 41,000 a year the gross yield on the 2017 price is 9.7%, before a service charge of about AED 8,100 a year (AED 17.19 per sqft).

Source: Dubai Land Department. Updated 22 October 2024.

Questions about 607, MAG 525

What did unit 607 last sell for?

AED 425,000 on 21 May 2017, sold by the developer: AED 897 per sqft for 473 sqft. It is the only registered sale of the unit.

What is the rent for unit 607?

AED 41,000 a year on the contract signed on 22 October 2024. The previous contract, from July 2023, was AED 21,000; the unit has been rented since February 2021.

How big is unit 607?

473 sqft (43.9 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 607 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 607, MAG 525

Starts from the last sale price (AED 425K, 21 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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