603, MAG 530
Sold prices and rental history: sold once, by the developer in April 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, MAG 530
What is 603 worth today?
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Source: Dubai Land Department. Updated 18 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 476 sqft
- Floor
- 6th of 6
- Parking
- G-81
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,700 /yr
- Last sold
- AED 401K · April 2017
- Building
- MAG 530
About 603, MAG 530
603 is a studio of 476 sqft on the 6th floor of MAG 530, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 30 April 2017 for AED 400,555, or AED 841 per sqft, 4% below the AED 880 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 18 March 2026, is AED 30,000 a year: a gross yield of 7.5% on the 2017 price, before the service charge of about AED 7,700 a year.
Sales and rents for 603 over time
603 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in MAG 530, and where 603 sits
All 12 studios →603 last sold in April 2017 at AED 841 per sqft, 4% below what studios in MAG 530 were fetching at the time (AED 880). Over the last 12 months studios sold for AED 540,000, around AED 1,133 per sqft, and rent for AED 30,000 to 48,000 a year. 603's AED 30,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Dec 202518 December 2025 | 476 sqft | 540,000 | 1,133 | ||
| 27 Sep 202427 September 2024 | 476 sqft | 455,000 | 955 | ||
| 27 Sep 202327 September 2023 | 476 sqft | 335,000 | 703 | ||
| 4 Jul 20234 July 2023 | 476 sqft | 320,000 | 671 |
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 6th floor
All 92 units in MAG 530| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,037 sqft | AED 1.09MAED 1,085,000 · Mar 2026March 2026 | ||
| 602 | 1-bed | 667 sqft | AED 450KAED 450,000 · Mar 2023March 2023 | 60,000 /yr | |
| 604 | 1-bed | 638 sqft | AED 532KAED 532,447 · Aug 2017August 2017 | 50,000 /yr | |
| 605 | 2-bed | 1,008 sqft | AED 1.15MAED 1,150,000 · Jan 2026January 2026 | 150,000 /yr | |
| 606 | 1-bed | 667 sqft | AED 574KAED 573,502 · Aug 2024August 2024 | 62,000 /yr | |
| 607 | Studio | 473 sqft | AED 438KAED 437,555 · Aug 2018August 2018 | 31,500 /yr | |
| 608 | 1-bed | 638 sqft | AED 745KAED 745,000 · Dec 2025December 2025 | 55,000 /yr | |
| 609 | 1-bed | 639 sqft | AED 578KAED 577,777 · Jul 2017July 2017 | 55,000 /yr | |
| 610 | 1-bed | 638 sqft | AED 597KAED 597,163 · Jul 2017July 2017 | 38,500 /yr | |
| 611 | 1-bed | 623 sqft | AED 650KAED 650,000 · Mar 2025March 2025 | 29,000 /yr | |
| 612 | 1-bed | 624 sqft | AED 587KAED 586,748 · Jul 2017July 2017 | 40,000 /yr | |
| 613 | 1-bed | 654 sqft | AED 580KAED 580,000 · Jan 2019January 2019 | 50,000 /yr | |
| 614 | 1-bed | 654 sqft | AED 541KAED 540,555 · Aug 2017August 2017 | 50,000 /yr | |
| 615 | 1-bed | 663 sqft | AED 690KAED 690,000 · Aug 2025August 2025 | 55,000 /yr |
603, MAG 530 in numbers
- Sold once: by MAG on 30 April 2017 for AED 400,555, or AED 841 per sqft.
- Rented since July 2019 on 7 Ejari contracts, from AED 25,000 to AED 30,000 a year.
- At AED 30,000 a year the gross yield on the 2017 price is 7.5%, before a service charge of about AED 7,700 a year (AED 16.14 per sqft).
- Studios in MAG 530 sold for AED 540,000–540,000 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 18 March 2026.
Questions about 603, MAG 530
What did unit 603 last sell for?
AED 400,555 on 30 April 2017, sold by the developer: AED 841 per sqft for 476 sqft. It is the only registered sale of the unit.
What is the rent for unit 603?
AED 30,000 a year on the contract renewed on 18 March 2026. The previous contract, from March 2025, was AED 27,894; the unit has been rented since July 2019.
How big is unit 603?
476 sqft (44.2 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.
What is unit 603 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 530 sold for AED 540,000 to 540,000 in the last 12 months, around AED 1,133 per sqft.
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Mortgage on 603, MAG 530
Starts from the last sale price (AED 401K, 30 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 400,555
- Deposit, UAE resident (20%)
- AED 80,111
- Deposit, non-resident (40%)
- AED 160,222
- Monthly over 25 years at 3.7%
- AED 1,639
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →