1-bed · 638 sqftMAG 530, Dubai South · 5th floor · completed 2020

504, MAG 530

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 500K9 October 2023
Current rentAED 55K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, MAG 530

What is 504 worth today?

Last sold for AED 500,000 in 2023

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1 Feb 2026RentedRenewal
AED 55,000/yr12 months · AED 86 per sqft
1 Feb 2025RentedNew contract
AED 55,000/yr12 months · AED 87 per sqft
1 Feb 2025RentedNew contract
AED 55,000/yr12 months · AED 87 per sqft
9 Oct 2023SoldReady
AED 500,000AED 783 per sqft
20 Apr 2022RentedNew contract
AED 29,000/yr12 months · AED 46 per sqft
1 Nov 2019RentedNew contract
AED 36,000/yr12 months · AED 57 per sqft
17 Jul 2019RentedNew contract
AED 33,000/yr12 months · AED 52 per sqft
4 Oct 2017Sold by developerOff-plan
AED 555,555AED 870 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
5th of 6
Parking
G-65
Developer
MAG
Completed
2020
Service charge
AED 10,300 /yr
Last sold
AED 500K · October 2023
Building
MAG 530

About 504, MAG 530

504 is a one-bedroom apartment of 638 sqft on the 5th floor of MAG 530, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 9 October 2023 for AED 500,000, or AED 783 per sqft, in line with the AED 783 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 55,000 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 10,300 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in MAG 530
500K600K700K2017202020232026Typical sale price by year: 2017 AED 549,000; 2018 AED 545,555; 2019 AED 536,812; 2023 AED 497,500; 2024 AED 530,000; 2025 AED 670,000Sold by developer, October 2017: AED 555,555 (AED 870 per sqft)Sold, October 2023: AED 500,000 (AED 783 per sqft)

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

Rents
Unit 504, each contractTypical one-bed in MAG 530
40K60K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 28,000; 2021 AED 26,500; 2022 AED 29,000; 2023 AED 32,000; 2024 AED 40,000; 2025 AED 50,400; 2026 AED 50,000New contract, July 2019: AED 33,000 a yearNew contract, November 2019: AED 36,000 a yearNew contract, April 2022: AED 29,000 a yearNew contract, February 2025: AED 55,000 a yearNew contract, February 2025: AED 55,000 a yearRenewal, February 2026: AED 55,000 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 530, and where 504 sits

All 66 1-beds →

504 last sold in October 2023 at AED 783 per sqft, in line with what one-beds in MAG 530 were fetching at the time (AED 783). Over the last 12 months one-beds sold for AED 745,000, around AED 1,166 per sqft, and rent for AED 35,490 to 65,000 a year. 504's AED 55,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Dec 2025745,000
20 Aug 2025690,000
12 Aug 2025730,000
30 May 2025700,000
1 1-bed sale in the last 12 months

MAG 530

Building

92 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 5 sold in the last 12 months.

Typical price per sqft
AED 1,133
Typical sale
AED 795K
Typical rent
AED 50K /yr
Typical yield
7.0%
MAG 530, Dubai South: prices, sales and rents →

Other units on the 5th floor

All 92 units in MAG 530
Value
5012-bedAED 795K · Nov 2025
5021-bedAED 549K · Jun 2017
503StudioAED 540K · Dec 2025
5052-bedAED 1M · Feb 2025
5061-bedAED 546K · Dec 2016
507StudioAED 433K · Apr 2017
5081-bedAED 520K · Dec 2017
1–7 of 14

504, MAG 530 in numbers

  • Sold twice: first on 4 October 2017 for AED 555,555, last on 9 October 2023 for AED 500,000 (AED 783 per sqft).
  • Rented since July 2019 on 6 Ejari contracts. The rent fell from AED 33,000 to AED 29,000 in 2022 and recovered to AED 55,000 by February 2026.
  • At AED 55,000 a year the gross yield on the 2023 price is 11.0%, before a service charge of about AED 10,300 a year (AED 16.14 per sqft).
  • One-beds in MAG 530 sold for AED 745,000–745,000 in the 12 months to November 2026; the building's median across all types is AED 1,133 per sqft.

Source: Dubai Land Department. Updated 1 February 2026.

Questions about 504, MAG 530

What did unit 504 last sell for?

AED 500,000 on 9 October 2023: AED 783 per sqft for 638 sqft. The unit has 2 registered sales; the first was AED 555,555 in October 2017.

What is the rent for unit 504?

AED 55,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 55,000; the unit has been rented since July 2019.

How big is unit 504?

638 sqft (59.3 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 530 sold for AED 745,000 to 745,000 in the last 12 months, around AED 1,166 per sqft.

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Mortgage on 504, MAG 530

Starts from the last sale price (AED 500K, 9 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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