1-bed · 624 sqftMAG 525, Dubai South · 6th floor · completed 2020

612, MAG 525

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 6 December 2024
Last soldAED 505K15 May 2024
Current rentAED 50K /yr6 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, MAG 525

What is 612 worth today?

Last sold for AED 505,000 in 2024

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6 Dec 2024RentedNew contract
AED 50,000/yr12 months · AED 80 per sqft
15 May 2024SoldReady
AED 505,000AED 808 per sqft
11 Nov 2023RentedRenewal
AED 32,000/yr12 months · AED 51 per sqft
10 Nov 2022RentedNew contract
AED 29,917/yr12 months · AED 48 per sqft
1 Oct 2021RentedNew contract
AED 26,000/yr12 months · AED 42 per sqft
20 Oct 2020RentedNew contract
AED 26,000/yr12 months · AED 42 per sqft
21 May 2017Sold by developerOff-plan
AED 565,555AED 905 per sqft

Source: Dubai Land Department. Updated 6 December 2024.

Key facts

Type
1-bed apartment
Size
624 sqft
Floor
6th of 6
Parking
G-89
Developer
MAG
Completed
2020
Service charge
AED 10,700 /yr
Last sold
AED 505K · May 2024
Building
MAG 525

About 612, MAG 525

612 is a one-bedroom apartment of 624 sqft on the 6th floor of MAG 525, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 15 May 2024 for AED 505,000, or AED 808 per sqft, in line with the AED 808 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 6 December 2024, is AED 50,000 a year: a gross yield of 9.9% on the 2024 price, before the service charge of about AED 10,700 a year.

Sales and rents for 612 over time

Sales
Unit 612, each saleTypical one-bed in MAG 525
400K600K2017202020232026Typical sale price by year: 2017 AED 545,028; 2018 AED 551,308; 2019 AED 552,028; 2022 AED 410,000; 2024 AED 590,000; 2025 AED 680,000; 2026 AED 730,000Sold by developer, May 2017: AED 565,555 (AED 905 per sqft)Sold, May 2024: AED 505,000 (AED 808 per sqft)

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

Rents
Unit 612, each contractTypical one-bed in MAG 525
40K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 28,000; 2021 AED 26,000; 2022 AED 28,000; 2023 AED 32,000; 2024 AED 42,250; 2025 AED 52,000; 2026 AED 52,000New contract, October 2020: AED 26,000 a yearNew contract, October 2021: AED 26,000 a yearNew contract, November 2022: AED 29,917 a yearRenewal, November 2023: AED 32,000 a yearNew contract, December 2024: AED 50,000 a year

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 612 sits

All 66 1-beds →

612 last sold in May 2024 at AED 808 per sqft, in line with 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. 612's AED 50,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Oct 2026740,000
26 Jun 2026730,000
12 May 2026710,000
9 Mar 2026699,999
6 1-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
6052-bedAED 825K · Jul 2024
6061-bedAED 540K · Nov 2017
607StudioAED 425K · May 2017
1–7 of 14

612, MAG 525 in numbers

  • Sold twice: first on 21 May 2017 for AED 565,555, last on 15 May 2024 for AED 505,000 (AED 808 per sqft).
  • Rented since October 2020 on 5 Ejari contracts, from AED 26,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 9.9%, before a service charge of about AED 10,700 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 6 December 2024.

Questions about 612, MAG 525

What did unit 612 last sell for?

AED 505,000 on 15 May 2024: AED 808 per sqft for 624 sqft. The unit has 2 registered sales; the first was AED 565,555 in May 2017.

What is the rent for unit 612?

AED 50,000 a year on the contract signed on 6 December 2024. The previous contract, from November 2023, was AED 32,000; the unit has been rented since October 2020.

How big is unit 612?

624 sqft (58.0 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 612 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 612, MAG 525

Starts from the last sale price (AED 505K, 15 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 505,000
Deposit, UAE resident (20%)
AED 101,000
Deposit, non-resident (40%)
AED 202,000
Monthly over 25 years at 3.7%
AED 2,066

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