2-bed · 1,040 sqftMAG 540, Dubai South · 6th floor · completed 2020

601, MAG 540

Sold prices and rental history: no registered sale, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 15 November 2025
Current rentAED 75K /yr15 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, MAG 540

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15 Nov 2025RentedRenewal
AED 75,000/yr12 months · AED 72 per sqft
15 Nov 2019RentedNew contract
AED 75,000/yr60 months · AED 72 per sqft

Source: Dubai Land Department. Updated 15 November 2025.

Key facts

Type
2-bed apartment
Size
1,040 sqft
Floor
6th of 6
Parking
G-72
Developer
MAG
Completed
2020
Service charge
AED 16,300 /yr
Last sold
No registered sale
Building
MAG 540

About 601, MAG 540

601 is a two-bedroom apartment of 1,040 sqft on the 6th floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. No sale of the unit is registered with the Dubai Land Department.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 15 November 2025, is AED 75,000 a year, before the service charge of about AED 16,300 a year.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical two-bed in MAG 540
800K1M20182020202220242026Typical sale price by year: 2018 AED 745,000; 2022 AED 698,608; 2024 AED 850,000; 2025 AED 975,000

No registered sale of 601; the dashed line is the two-bed median of each year in the building.

Rents
Unit 601, each contractTypical two-bed in MAG 540
40K60K80K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 60,000; 2021 AED 40,000; 2022 AED 47,138; 2023 AED 55,000; 2024 AED 58,000; 2025 AED 75,000; 2026 AED 75,000New contract, November 2019: AED 75,000 a yearRenewal, November 2025: AED 75,000 a year

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

2-beds in MAG 540, and where 601 sits

All 24 2-beds →

Over the last 12 months two-beds sold for AED 925,000 to 950,000, around AED 952 per sqft, and rent for AED 53,000 to 150,000 a year. 601's AED 75,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Oct 2026925,000
28 Nov 2025950,000
7 May 20251,150,000
4 Apr 2025975,000
2 2-bed 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 6th floor

All 85 units in MAG 540
Value
6021-bedAED 566K · Jun 2016
603StudioAED 270K · Dec 2022
6041-bedAED 457K · Nov 2022
6052-bedAED 830K · Jul 2024
6061-bedAED 495K · Apr 2024
607StudioAED 300K · Jun 2023
6081-bedAED 760K · Mar 2026
1–7 of 13

601, MAG 540 in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since November 2019 on 2 Ejari contracts, at AED 75,000 a year.
  • Two-beds in MAG 540 sold for AED 925,000–950,000 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 15 November 2025.

Questions about 601, MAG 540

What is the rent for unit 601?

AED 75,000 a year on the contract renewed on 15 November 2025. The previous contract, from November 2019, was AED 75,000.

How big is unit 601?

1,040 sqft (96.6 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 540 sold for AED 925,000 to 950,000 in the last 12 months, around AED 952 per sqft.

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