Studio · 476 sqftMAG 540, Dubai South · 5th floor · completed 2020

503, MAG 540

Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 503 · DLD and Ejari recordsUpdated 23 July 2026

Last soldAED 302K18 April 2023

Current rentAED 39K /yr23 July 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 503, MAG 540

Today

What is 503 worth today?

Last sold for AED 302,000 in 2023

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23 Jul 2026

23 Jul 2026RentedNew contract

AED 39,000/yr12 months · AED 82 per sqft

1 Sep 2024

1 Sep 2024RentedNew contract

AED 40,000/yr12 months · AED 84 per sqft

20 Jun 2023

20 Jun 2023RentedNew contract

AED 34,000/yr12 months · AED 72 per sqft

18 Apr 2023

18 Apr 2023SoldReady

AED 302,000AED 634 per sqft

13 Oct 2021

13 Oct 2021RentedNew contract

AED 25,000/yr12 months · AED 53 per sqft

10 Jul 2016

10 Jul 2016Sold by developerOff-plan

AED 405,555AED 851 per sqft

Source: Dubai Land Department. Updated 23 July 2026.

Key facts

Type: Studio apartment
Size: 476 sqft
Floor: 5th of 6
Parking: G-60
Developer: MAG
Completed: 2020
Service charge: AED 7,500 /yr
Last sold: AED 302K · April 2023
Building: MAG 540

About 503, MAG 540

503 is a studio of 476 sqft on the 5th floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 18 April 2023 for AED 302,000, or AED 634 per sqft, 12% above the AED 567 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 23 July 2026, is AED 39,000 a year: a gross yield of 12.9% on the 2023 price, before the service charge of about AED 7,500 a year.

Sales and rents for 503 over time

Sales

Unit 503, each saleTypical studio in MAG 540

503 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 503, each contractTypical studio in MAG 540

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in MAG 540, and where 503 sits

All 12 studios →

MAG 540 · all types1,150 /sqft

503 last sold in April 2023 at AED 634 per sqft, 12% above what studios in MAG 540 were fetching at the time (AED 567). 503's AED 39,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
9 Jun 20239 June 2023	476 sqft	300,000	630
13 Mar 202313 March 2023	476 sqft	270,000	567
28 Dec 202228 December 2022	476 sqft	275,000	577
21 Dec 202221 December 2022	476 sqft	270,000	567

0 studio sales in the last 12 months

MAG 540

Building

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

Typical price per sqft: AED 1,150
Typical sale: AED 795K
Typical rent: AED 58K /yr
Typical yield: 7.5%

MAG 540, Dubai South: prices, sales and rents →

Other units on the 5th floor

All 85 units in MAG 540


501	2-bed	1,040 sqft	AED 975KAED 975,000 · Apr 2025April 2025	58,000 /yr
502	1-bed	667 sqft	AED 561KAED 560,957 · Jun 2016June 2016	77,333 /yr
504	1-bed	640 sqft	AED 512KAED 511,584 · Dec 2017December 2017	58,000 /yr
505	2-bed	1,007 sqft	AED 925KAED 925,000 · Oct 2026October 2026	60,000 /yr
506	1-bed	667 sqft	AED 765KAED 765,000 · Aug 2025August 2025	47,890 /yr
507	Studio	476 sqft	AED 275KAED 275,000 · Dec 2022December 2022	42,000 /yr
508	1-bed	640 sqft	AED 576KAED 575,532 · Feb 2020February 2020	57,000 /yr
509	1-bed	641 sqft	AED 640KAED 640,000 · Jun 2025June 2025	60,000 /yr
510	1-bed	638 sqft	AED 549KAED 549,000 · Jun 2016June 2016	74,666 /yr
511	1-bed	636 sqft	AED 552KAED 552,000 · Jul 2016July 2016	30,000 /yr
512	1-bed	638 sqft	AED 549KAED 549,000 · Jun 2016June 2016	20,000 /yr
513	2-bed	963 sqft	AED 750KAED 750,000 · Dec 2018December 2018
514	2-bed	963 sqft	AED 850KAED 850,000 · Jul 2024July 2024	55,000 /yr

1–7 of 13

503, MAG 540 in numbers

Sold twice: first on 10 July 2016 for AED 405,555, last on 18 April 2023 for AED 302,000 (AED 634 per sqft).
Rented since October 2021 on 4 Ejari contracts, from AED 25,000 to AED 39,000 a year.
At AED 39,000 a year the gross yield on the 2023 price is 12.9%, before a service charge of about AED 7,500 a year (AED 15.65 per sqft).

Source: Dubai Land Department. Updated 23 July 2026.

Questions about 503, MAG 540

What did unit 503 last sell for?

AED 302,000 on 18 April 2023: AED 634 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 405,555 in July 2016.

What is the rent for unit 503?

AED 39,000 a year on the contract signed on 23 July 2026. The previous contract, from September 2024, was AED 40,000; the unit has been rented since October 2021.

How big is unit 503?

476 sqft (44.2 sqm): a studio on the 5th floor of a 6-storey tower completed in 2020.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 503, MAG 540

Starts from the last sale price (AED 302K, 18 April 2023). Switch to today's estimate once you have unlocked it.

Price: AED 302,000
Deposit, UAE resident (20%): AED 60,400
Deposit, non-resident (40%): AED 120,800
Monthly over 25 years at 3.7%: AED 1,236

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