605, MAG 540
Sold prices and rental history: sold twice, last in July 2024, 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 605, MAG 540
What is 605 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,007 sqft
- Floor
- 6th of 6
- Parking
- G-78
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 15,800 /yr
- Last sold
- AED 830K · July 2024
- Building
- MAG 540
About 605, MAG 540
605 is a two-bedroom apartment of 1,007 sqft on the 6th floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 31 July 2024 for AED 830,000, or AED 823 per sqft, in line with the AED 820 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 75,000 a year: a gross yield of 9.0% on the 2024 price, before the service charge of about AED 15,800 a year.
Sales and rents for 605 over time
605 has sold twice; the dashed line is the two-bed median of each year in the building.
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 605 sits
All 24 2-beds →605 last sold in July 2024 at AED 823 per sqft, in line with what two-beds in MAG 540 were fetching at the time (AED 820). 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. 605's AED 75,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 1,007 sqft | 925,000 | 918 | ||
| 28 Nov 202528 November 2025 | 963 sqft | 950,000 | 986 | ||
| 7 May 20257 May 2025 | 1,004 sqft | 1,150,000 | 1,144 | ||
| 4 Apr 20254 April 2025 | 1,040 sqft | 975,000 | 937 |
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 6th floor
All 85 units in MAG 540| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,040 sqft | No registered sale | 75,000 /yr | |
| 602 | 1-bed | 667 sqft | AED 566KAED 565,957 · Jun 2016June 2016 | 77,500 /yr | |
| 603 | Studio | 476 sqft | AED 270KAED 270,000 · Dec 2022December 2022 | ||
| 604 | 1-bed | 640 sqft | AED 457KAED 457,483 · Nov 2022November 2022 | 60,000 /yr | |
| 606 | 1-bed | 667 sqft | AED 495KAED 495,000 · Apr 2024April 2024 | 40,000 /yr | |
| 607 | Studio | 476 sqft | AED 300KAED 300,000 · Jun 2023June 2023 | 42,000 /yr | |
| 608 | 1-bed | 640 sqft | AED 760KAED 760,000 · Mar 2026March 2026 | 55,000 /yr | |
| 609 | 1-bed | 641 sqft | AED 541KAED 540,555 · Jun 2016June 2016 | 55,000 /yr | |
| 610 | 1-bed | 638 sqft | AED 541KAED 540,555 · Jun 2016June 2016 | 55,000 /yr | |
| 611 | 1-bed | 636 sqft | AED 599KAED 599,000 · May 2016May 2016 | 34,000 /yr | |
| 612 | 1-bed | 638 sqft | AED 600KAED 600,000 · Jul 2024July 2024 | ||
| 613 | 2-bed | 963 sqft | AED 670KAED 670,000 · Sep 2023September 2023 | ||
| 614 | 2-bed | 963 sqft | AED 778KAED 777,777 · Aug 2017August 2017 | 60,638 /yr |
605, MAG 540 in numbers
- Sold twice: first on 30 June 2022 for AED 750,000, last on 31 July 2024 for AED 830,000 (AED 823 per sqft).
- Rented since January 2020 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 35,000 in 2023 and recovered to AED 75,000 by August 2026.
- At AED 75,000 a year the gross yield on the 2024 price is 9.0%, before a service charge of about AED 15,800 a year (AED 15.65 per sqft).
- 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 1 August 2026.
Questions about 605, MAG 540
What did unit 605 last sell for?
AED 830,000 on 31 July 2024: AED 823 per sqft for 1,007 sqft. The unit has 2 registered sales; the first was AED 750,000 in June 2022.
What is the rent for unit 605?
AED 75,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 75,000; the unit has been rented since January 2020.
How big is unit 605?
1,007 sqft (93.6 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.
What is unit 605 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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Mortgage on 605, MAG 540
Starts from the last sale price (AED 830K, 31 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 830,000
- Deposit, UAE resident (20%)
- AED 166,000
- Deposit, non-resident (40%)
- AED 332,000
- Monthly over 25 years at 3.7%
- AED 3,396
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →