606, MAG 540
Sold prices and rental history: sold twice, last in April 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 606, MAG 540
What is 606 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 23 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 667 sqft
- Floor
- 6th of 6
- Parking
- G-79
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,400 /yr
- Last sold
- AED 495K · April 2024
- Building
- MAG 540
About 606, MAG 540
606 is a one-bedroom apartment of 667 sqft on the 6th floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 23 April 2024 for AED 495,000, or AED 742 per sqft, 5% above the AED 705 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 9 April 2023, is AED 40,000 a year: a gross yield of 8.1% on the 2024 price, before the service charge of about AED 10,400 a year.
Sales and rents for 606 over time
606 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 606 sits
All 48 1-beds →606 last sold in April 2024 at AED 742 per sqft, 5% above what one-beds in MAG 540 were fetching at the time (AED 705). 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. 606's AED 40,000 is in the lower 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 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 | |
| 605 | 2-bed | 1,007 sqft | AED 830KAED 830,000 · Jul 2024July 2024 | 75,000 /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 |
606, MAG 540 in numbers
- Sold twice: first on 7 June 2016 for AED 565,957, last on 23 April 2024 for AED 495,000 (AED 742 per sqft).
- Rented since February 2020 on 5 Ejari contracts. The rent fell from AED 35,000 to AED 29,000 in 2021 and recovered to AED 40,000 by April 2023.
- At AED 40,000 a year the gross yield on the 2024 price is 8.1%, 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 23 April 2024.
Questions about 606, MAG 540
What did unit 606 last sell for?
AED 495,000 on 23 April 2024: AED 742 per sqft for 667 sqft. The unit has 2 registered sales; the first was AED 565,957 in June 2016.
What is the rent for unit 606?
AED 40,000 a year on the contract renewed on 9 April 2023. The previous contract, from April 2022, was AED 39,000; the unit has been rented since February 2020.
How big is unit 606?
667 sqft (62.0 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.
What is unit 606 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 606? 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 606, MAG 540
Starts from the last sale price (AED 495K, 23 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 495,000
- Deposit, UAE resident (20%)
- AED 99,000
- Deposit, non-resident (40%)
- AED 198,000
- Monthly over 25 years at 3.7%
- AED 2,025
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →