1-bed · 624 sqftMAG 530, Dubai South · 6th floor · completed 2020

612, MAG 530

Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 10 February 2025
Last soldAED 587K19 July 2017
Current rentAED 40K /yr10 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, MAG 530

What is 612 worth today?

Last sold for AED 586,748 in 2017

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10 Feb 2025RentedRenewal
AED 40,000/yr12 months · AED 64 per sqft
10 Feb 2024RentedNew contract
AED 35,000/yr12 months · AED 56 per sqft
10 Feb 2023RentedNew contract
AED 32,000/yr12 months · AED 51 per sqft
1 Dec 2022RentedNew contract
AED 30,000/yr12 months · AED 48 per sqft
15 Sep 2020RentedNew contract
AED 26,000/yr12 months · AED 42 per sqft
20 Sep 2019RentedNew contract
AED 28,000/yr12 months · AED 45 per sqft
19 Jul 2017Sold by developerOff-plan
AED 586,748AED 939 per sqft

Source: Dubai Land Department. Updated 10 February 2025.

Key facts

Type
1-bed apartment
Size
624 sqft
Floor
6th of 6
Parking
G-90
Developer
MAG
Completed
2020
Service charge
AED 10,100 /yr
Last sold
AED 587K · July 2017
Building
MAG 530

About 612, MAG 530

612 is a one-bedroom apartment of 624 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 19 July 2017 for AED 586,748, or AED 939 per sqft, 11% above the AED 849 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 10 February 2025, is AED 40,000 a year: a gross yield of 6.8% on the 2017 price, before the service charge of about AED 10,100 a year.

Sales and rents for 612 over time

Sales
Unit 612, 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, July 2017: AED 586,748 (AED 939 per sqft)

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

Rents
Unit 612, each contractTypical one-bed in MAG 530
40K20192021202320252027Typical 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, September 2019: AED 28,000 a yearNew contract, September 2020: AED 26,000 a yearNew contract, December 2022: AED 30,000 a yearNew contract, February 2023: AED 32,000 a yearNew contract, February 2024: AED 35,000 a yearRenewal, February 2025: AED 40,000 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 612 sits

All 66 1-beds →

612 last sold in July 2017 at AED 939 per sqft, 11% above what one-beds in MAG 530 were fetching at the time (AED 849). 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. 612's AED 40,000 is in the lower 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 6th floor

All 92 units in MAG 530
Value
6012-bedAED 1.09M · Mar 2026
6021-bedAED 450K · Mar 2023
603StudioAED 401K · Apr 2017
6041-bedAED 532K · Aug 2017
6052-bedAED 1.15M · Jan 2026
6061-bedAED 574K · Aug 2024
607StudioAED 438K · Aug 2018
1–7 of 14

612, MAG 530 in numbers

  • Sold once: by MAG on 19 July 2017 for AED 586,748, or AED 939 per sqft.
  • Rented since September 2019 on 6 Ejari contracts, from AED 28,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2017 price is 6.8%, before a service charge of about AED 10,100 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 10 February 2025.

Questions about 612, MAG 530

What did unit 612 last sell for?

AED 586,748 on 19 July 2017, sold by the developer: AED 939 per sqft for 624 sqft. It is the only registered sale of the unit.

What is the rent for unit 612?

AED 40,000 a year on the contract renewed on 10 February 2025. The previous contract, from February 2024, was AED 35,000; the unit has been rented since September 2019.

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 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 612, MAG 530

Starts from the last sale price (AED 587K, 19 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 586,748
Deposit, UAE resident (20%)
AED 117,350
Deposit, non-resident (40%)
AED 234,699
Monthly over 25 years at 3.7%
AED 2,401

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