506, MAG 540
Sold prices and rental history: sold twice, last in August 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, MAG 540
What is 506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 18 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 667 sqft
- Floor
- 5th of 6
- Parking
- G-63
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,400 /yr
- Last sold
- AED 765K · August 2025
- Building
- MAG 540
About 506, MAG 540
506 is a one-bedroom apartment of 667 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 August 2025 for AED 765,000, or AED 1,147 per sqft, 11% above the AED 1,036 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 16 February 2024, is AED 47,890 a year: a gross yield of 6.3% on the 2025 price, before the service charge of about AED 10,400 a year.
Sales and rents for 506 over time
506 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 540, and where 506 sits
All 48 1-beds →506 last sold in August 2025 at AED 1,147 per sqft, 11% above what one-beds in MAG 540 were fetching at the time (AED 1,036). Over the last 12 months one-beds sold for AED 740,000 to 800,000, around AED 1,187 per sqft, and rent for AED 15,000 to 77,500 a year. 506's AED 47,890 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Sep 202625 September 2026 | 665 sqft | 740,000 | 1,112 | ||
| 16 Mar 202616 March 2026 | 640 sqft | 760,000 | 1,187 | ||
| 5 Mar 20265 March 2026 | 665 sqft | 790,000 | 1,187 | ||
| 26 Feb 202626 February 2026 | 665 sqft | 800,000 | 1,202 |
MAG 540
Building85 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%
Other units on the 5th floor
All 85 units in MAG 540| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 503 | Studio | 476 sqft | AED 302KAED 302,000 · Apr 2023April 2023 | 39,000 /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 | |
| 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 |
506, MAG 540 in numbers
- Sold twice: first on 7 June 2016 for AED 560,957, last on 18 August 2025 for AED 765,000 (AED 1,147 per sqft).
- Rented since January 2020 on 5 Ejari contracts, from AED 32,000 to AED 47,890 a year.
- At AED 47,890 a year the gross yield on the 2025 price is 6.3%, before a service charge of about AED 10,400 a year (AED 15.65 per sqft).
- One-beds in MAG 540 sold for AED 740,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 1,150 per sqft.
Source: Dubai Land Department. Updated 18 August 2025.
Questions about 506, MAG 540
What did unit 506 last sell for?
AED 765,000 on 18 August 2025: AED 1,147 per sqft for 667 sqft. The unit has 2 registered sales; the first was AED 560,957 in June 2016.
What is the rent for unit 506?
AED 47,890 a year on the contract renewed on 16 February 2024. The previous contract, from February 2023, was AED 40,000; the unit has been rented since January 2020.
How big is unit 506?
667 sqft (62.0 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 540 sold for AED 740,000 to 800,000 in the last 12 months, around AED 1,187 per sqft.
Selling 506? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 506, MAG 540
Starts from the last sale price (AED 765K, 18 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 765,000
- Deposit, UAE resident (20%)
- AED 153,000
- Deposit, non-resident (40%)
- AED 306,000
- Monthly over 25 years at 3.7%
- AED 3,130
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →