509, MAG 530
Sold prices and rental history: sold twice, last in October 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, MAG 530
What is 509 worth today?
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Source: Dubai Land Department. Updated 11 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 639 sqft
- Floor
- 5th of 6
- Parking
- G-70
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,300 /yr
- Last sold
- AED 495K · October 2023
- Building
- MAG 530
About 509, MAG 530
509 is a one-bedroom apartment of 639 sqft on the 5th floor of MAG 530, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 11 October 2023 for AED 495,000, or AED 775 per sqft, in line with the AED 779 one-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 July 2022, is AED 30,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 10,300 a year.
Sales and rents for 509 over time
509 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 530, and where 509 sits
All 66 1-beds →509 last sold in October 2023 at AED 775 per sqft, in line with what one-beds in MAG 530 were fetching at the time (AED 779). 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. 509's AED 30,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Dec 202529 December 2025 | 638 sqft | 745,000 | 1,166 | ||
| 20 Aug 202520 August 2025 | 663 sqft | 690,000 | 1,041 | ||
| 12 Aug 202512 August 2025 | 666 sqft | 730,000 | 1,096 | ||
| 30 May 202530 May 2025 | 638 sqft | 700,000 | 1,096 |
MAG 530
Building92 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%
Other units on the 5th floor
All 92 units in MAG 530| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,037 sqft | AED 795KAED 795,000 · Nov 2025November 2025 | 80,000 /yr | |
| 502 | 1-bed | 667 sqft | AED 549KAED 549,000 · Jun 2017June 2017 | 35,490 /yr | |
| 503 | Studio | 476 sqft | AED 540KAED 540,000 · Dec 2025December 2025 | 42,000 /yr | |
| 504 | 1-bed | 638 sqft | AED 500KAED 500,000 · Oct 2023October 2023 | 55,000 /yr | |
| 505 | 2-bed | 1,008 sqft | AED 1MAED 1,000,000 · Feb 2025February 2025 | 56,000 /yr | |
| 506 | 1-bed | 667 sqft | AED 546KAED 545,555 · Dec 2016December 2016 | 50,000 /yr | |
| 507 | Studio | 473 sqft | AED 433KAED 432,777 · Apr 2017April 2017 | 12,000 /yr | |
| 508 | 1-bed | 638 sqft | AED 520KAED 520,000 · Dec 2017December 2017 | 33,000 /yr | |
| 510 | 1-bed | 638 sqft | AED 530KAED 530,000 · Dec 2022December 2022 | 50,000 /yr | |
| 511 | 1-bed | 623 sqft | No registered sale | 60,000 /yr | |
| 512 | 1-bed | 624 sqft | AED 570KAED 570,000 · Dec 2024December 2024 | 27,000 /yr | |
| 513 | 1-bed | 654 sqft | AED 578KAED 577,777 · Mar 2017March 2017 | 40,000 /yr | |
| 514 | 1-bed | 654 sqft | AED 556KAED 555,555 · Feb 2017February 2017 | 52,000 /yr | |
| 515 | 1-bed | 663 sqft | AED 578KAED 577,777 · Apr 2017April 2017 | 39,000 /yr |
509, MAG 530 in numbers
- Sold twice: first on 18 January 2017 for AED 525,555, last on 11 October 2023 for AED 495,000 (AED 775 per sqft).
- Rented since April 2020 on 3 Ejari contracts, from AED 26,000 to AED 30,000 a year.
- At AED 30,000 a year the gross yield on the 2023 price is 6.1%, 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 11 October 2023.
Questions about 509, MAG 530
What did unit 509 last sell for?
AED 495,000 on 11 October 2023: AED 775 per sqft for 639 sqft. The unit has 2 registered sales; the first was AED 525,555 in January 2017.
What is the rent for unit 509?
AED 30,000 a year on the contract signed on 1 July 2022. The previous contract, from April 2021, was AED 26,000; the unit has been rented since April 2020.
How big is unit 509?
639 sqft (59.4 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.
What is unit 509 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 509, MAG 530
Starts from the last sale price (AED 495K, 11 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 495,000
- Deposit, UAE resident (20%)
- AED 99,000
- Deposit, non-resident (40%)
- AED 198,000
- Monthly over 25 years at 3.7%
- AED 2,025
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →