509, MAG 540
Sold prices and rental history: sold 3 times, last in June 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, MAG 540
What is 509 worth today?
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Source: Dubai Land Department. Updated 20 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 641 sqft
- Floor
- 5th of 6
- Parking
- G-66
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,000 /yr
- Last sold
- AED 640K · June 2025
- Building
- MAG 540
About 509, MAG 540
509 is a one-bedroom apartment of 641 sqft on the 5th floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 22 June 2025 for AED 640,000, or AED 998 per sqft, in line with the AED 1,011 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 20 May 2026, is AED 60,000 a year: a gross yield of 9.4% on the 2025 price, before the service charge of about AED 10,000 a year.
Sales and rents for 509 over time
509 has sold 3 times; 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 509 sits
All 48 1-beds →509 last sold in June 2025 at AED 998 per sqft, in line with what one-beds in MAG 540 were fetching at the time (AED 1,011). 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. 509's AED 60,000 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 | |
| 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 | |
| 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 |
509, MAG 540 in numbers
- Sold 3 times: first on 4 January 2023 for AED 453,358, last on 22 June 2025 for AED 640,000 (AED 998 per sqft).
- Rented since April 2021 on 6 Ejari contracts, from AED 27,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2025 price is 9.4%, before a service charge of about AED 10,000 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 20 May 2026.
Questions about 509, MAG 540
What did unit 509 last sell for?
AED 640,000 on 22 June 2025: AED 998 per sqft for 641 sqft. The unit has 3 registered sales; the first was AED 453,358 in January 2023.
What is the rent for unit 509?
AED 60,000 a year on the contract renewed on 20 May 2026. The previous contract, from May 2025, was AED 36,750; the unit has been rented since April 2021.
How big is unit 509?
641 sqft (59.6 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.
What is unit 509 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.
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Mortgage on 509, MAG 540
Starts from the last sale price (AED 640K, 22 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 640,000
- Deposit, UAE resident (20%)
- AED 128,000
- Deposit, non-resident (40%)
- AED 256,000
- Monthly over 25 years at 3.7%
- AED 2,618
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →