607, MAG 530
Sold prices and rental history: sold once, by the developer in August 2018, 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 607, MAG 530
What is 607 worth today?
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Source: Dubai Land Department. Updated 2 February 2025.
Key facts
- Type
- Studio apartment
- Size
- 473 sqft
- Floor
- 6th of 6
- Parking
- G-85
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,600 /yr
- Last sold
- AED 438K · August 2018
- Building
- MAG 530
About 607, MAG 530
607 is a studio of 473 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 26 August 2018 for AED 437,555, or AED 924 per sqft, in line with the AED 943 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 2 February 2025, is AED 31,500 a year: a gross yield of 7.2% on the 2018 price, before the service charge of about AED 7,600 a year.
Sales and rents for 607 over time
607 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 607 sits
All 12 studios →607 last sold in August 2018 at AED 924 per sqft, in line with what studios in MAG 530 were fetching at the time (AED 943). 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. 607's AED 31,500 is in the lower half 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 | |
| 603 | Studio | 476 sqft | AED 401KAED 400,555 · Apr 2017April 2017 | 30,000 /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 | |
| 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 |
607, MAG 530 in numbers
- Sold once: by MAG on 26 August 2018 for AED 437,555, or AED 924 per sqft.
- Rented since July 2019 on 7 Ejari contracts. The rent fell from AED 28,000 to AED 22,000 in 2021 and recovered to AED 31,500 by February 2025.
- At AED 31,500 a year the gross yield on the 2018 price is 7.2%, before a service charge of about AED 7,600 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 2 February 2025.
Questions about 607, MAG 530
What did unit 607 last sell for?
AED 437,555 on 26 August 2018, sold by the developer: AED 924 per sqft for 473 sqft. It is the only registered sale of the unit.
What is the rent for unit 607?
AED 31,500 a year on the contract renewed on 2 February 2025. The previous contract, from February 2024, was AED 30,000; the unit has been rented since July 2019.
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. 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 607, MAG 530
Starts from the last sale price (AED 438K, 26 August 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 437,555
- Deposit, UAE resident (20%)
- AED 87,511
- Deposit, non-resident (40%)
- AED 175,022
- Monthly over 25 years at 3.7%
- AED 1,790
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →